Published:Wednesday | February 19, 2014 | 12:00 AM
A free smartphone application has encouraged more than 70,000 Argentines to become citizen-cops as they shop.Argentina's government blames escalating inflation on speculators and greedy businesses, and has pressured leading supermarket chains to keep...
Published:Wednesday | February 19, 2014 | 12:00 AM
Comcast and Time Warner Cable threw down a gauntlet to Washington regulators last Thursday, with a US$42.5bn deal that would create a pay television and broadband giant nearly seven times larger than any rival US cable operator....
Published:Wednesday | February 19, 2014 | 12:00 AM
UK consumer inflation has fallen below the Bank of England's 2 per cent target for the first time since November 2009, boosting the bank's case there is no immediate need to raise interest rates.The headline consumer price index rose 1.9...
Published:Wednesday | February 19, 2014 | 12:00 AM
Alcoa Inc says it will permanently close its Point Henry aluminium smelter and two rolling mills in Australia this year.The 50-year-old smelter, operated by subsidiary Alcoa of Australia Limited, has no prospect of becoming financially viable...
Published:Wednesday | February 19, 2014 | 12:00 AM
The Anglican Diocese in Jamaica has taken on a management partner for a new accident and emergency centre, twinned with new ambulance services, at the 90-year-old Nuttall Memorial Hospital in Kingston.Nuttall Chief...
Published:Wednesday | February 19, 2014 | 12:00 AM
The Bank of Jamaica (BOJ) is projecting economic growth in the March 2014 quarter at about the same 1.4 per cent pace estimated for the December 2013 period.The projection is predicated on stronger growth in...
Published:Wednesday | February 19, 2014 | 12:00 AM
Head of the Department of Economics at the University of the West Indies, Dr Damien King, has rubbished calls for the Government to institute a separate growth agenda while it pursues fiscal reform under the programme with the International Monetary...
Published:Wednesday | February 19, 2014 | 12:00 AM
Central bank governor, Brian Wynter, said notwithstanding public interest in the outcome of applications for commercial banking licences, he would not discuss the issue publicly."Bank of Jamaica does not comment, and I think it's not useful to the bank...
Published:Wednesday | February 19, 2014 | 12:00 AM
Jamaica Public Service Company Limited (JPS) faced mounting debt-servicing costs but narrowly scraped a profit from a diminished revenue base last year, assisted by tax credits, its newly released financials show.The power utility...
Prime Minister of St Lucia Dr Kenny Anthony says his administration will now focus on reducing the island's debt burden, which is now estimated at 77 per cent of GDP.In his first public response to the recent disclosure by the Department of Statistics...
As the Government's tight fiscal policy bites, the incipient restlessness evident among trade unions may translate into action unless Jamaica experiences dramatic economic growth, UWI professor Brian Meeks...
For the first time in more than 60 years, the annual Denbigh Agricultural, Industrial, and Food Show will take place midweek, from Monday, August 4 to Wednesday, August 6, 2014....
Food For the Poor (FFP) last Wednesday donated 31,500 pounds of red pinto peas to the Jamaica Agricultural Society (JAS) to be distributed to farmers across the island involved in its national red peas-planting campaign.
Worthy Park Estate has entered the vodka market under its spirits brand Rum-Bar. The estate is primarliy a sugar producing operation which entered the branded rum market back in 2007.
RUBIS Energy Jamaica Limited which purchased the assets of Shell Jamaica just over a year ago, says it will complete its programme of rebranding by June 30 this year, a project which will see 53 gas stations and 33...
MegaMart CEO Gassan Azan has shuttered his Sweet Tings Bakery located in downtown Kingston.The bakery which was opened in December 2010 was located at the intersection of Beckford and Princess streets but vendors in the area say the store has been...
Julian Patrick says he and his partners are willing to give up a fifth of their company to a venture capitalist in exchange for an equity injection of J$30 million to $50 million.
In the last few years, almost every significant Caribbean country has announced that they are upgrading their port facilities and preparing to compete to attract the larger post-panamax vessels that from some time in 2015 will be transiting an enlarged Panama Canal.
If you sit in a wide-open office each day, struggling to stay focused amid multiple distractions, you have a right to complain.Research is showing that these environments are...
The relentless snow and ice storms this winter have led to the highest number of flight cancellations in more than 25 years, according to an analysis by The Associated Press.U
