The price of oil fell back to below US$105 a barrel at midday Thursday, ending a surge that had pushed the price to a 16-month high, after a report from the International Energy Agency (IEA) said oil supplies would exceed the expected rise in demand next year.
Martin Voelk of Cyber 51 Limited, to show how easy it can be for cyber-criminals or mischief makers to breach online systems, demonstrated how to hack in four steps on Tuesday.
Many of my columns trigger responses from far and wide in Jamaica and around the world from residents in Europe, North America and Asia.I have decided to incorporate a quite interesting response from one of the readers of my 'Creative Destruction'...
Delta AirLine's acquisition of a minority stake in Virgin Atlantic was cleared by regulators on June 24. That same day, the airlines announced a codeshare agreement covering 108 routes....
Call it the Bernanke Boost. The stock market, which has been marching higher for a week, got extra fuel Thursday after the US Federal Reserve chairman said the central bank will keep supporting the economy. The Dow Jones Industrial Average and Standard...
Eppley Limited, a financing company majority owned by the Musson group, plans to float 218,999 of its shares and list on the junior stock market.Each share, is priced at J$377, making it the most expensive initial public offering (IPO) on the junior...
The Club Indigo beach resort north of the Haiti capital was crowded with United Nations peacekeepers, aid workers, diplomats and missionaries on a recent Sunday. But the only real, live tourists seemed to be Anne Fournier and her husband....
For investors who are currently seeking capital for resort operations, KPMG is indicating that development financing will still be hard to come by in the medium term."The region's hospitality industry has been in the doldrums for several years now...
The Office of Utilities Regulation (OUR), close to running out of telephone numbers, is considering adding a second area code, but taking that route means local phone numbers, and dialling, will increase from seven to 10 digits...
Jamaica's main seaport, Kingston Container Terminal (KCT), is to be privatised by way of concession, but the structure of the transaction is still being formulated, according to the divestment agent....
Newly rebranded JMMB Merchant Bank is already reporting substantial growth in loans and deposits in the quarter just ended and is telegraphing that it aims to be aggressive in its hunt for market share.It is also reporting solid prospects ...
Lasco Financial Services Limited, the baby of the three affiliated LASCO companies, gained top dollar for investors with a near 152 per cent rise in stock value in the first half of this year, while other stocks reporting strong gains made...
Apple Inc broke antitrust laws and conspired with publishers to raise electronic book prices, a federal judge ruled Wednesday, citing "compelling evidence" from the words of the late Steve Jobs...
The providers of mobile wallet technology and Jamaican service providers are already developing partnerships to launch into business as soon as the central bank green lights the permits.
JSE IPO oversubscribed -Stocks & Securities Limited (SSL) said Monday that the offer to take up shares in the Jamaica Stock Exchange was oversubscribed by 41 per cent.The offer at J$2.85 per share, which opened Friday, July 5, got...
The E-Learning Jamaica Company Limited is now accepting bids for the provision of 30,000 tablet computers to be distributed in schools under a Government-sponsored programme which launches in the upcoming academic year.Technology Minister Phillip...
Strong demand for lightweight aluminium in autos and airplanes is helping Alcoa Inc cope with lingering weak metal prices.The company said its second-quarter loss was wider than a year ago, but excluding costs for closing smelters and other...
Twinkies don't last forever, but they'll have more staying power than most people remember when they return to shelves next week.Hostess Brands LLC says the spongy yellow cakes will have a shelf life of 45 days when they start hitting shelves again July...
Federal regulators took a step Tuesday toward making eight of the largest United States banks meet a stricter measure of health to reduce the threat they pose to the financial system.The Federal Reserve, the Federal Deposit Insurance Corp...
