Finance Minister Audley Shaw is calling on banks and other lending institutions to reduce their interest rates. Interest rates at some lending institutions are more than 15-percent. Mr. Shaw says interest rates should not exceed six percent.

New investment company Sygnus Capital Limited has raised the equivalent of $2 billion from unnamed investors as seeding for a fund that will invest equity capital in medium-size businesses across the Caribbean.

Sygnus launched on Wednesday as the newest boutique investment house on the block, promising to bring non-traditional financing solutions to the market with independent investment advisory solutions for investors.

A new outfit, whose partners include well-known names in the business and investment community, has hung up its shingles on Lady Musgrave Road, but its principals are keeping their heads down for now.