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Business

Published:Friday | November 29, 2013 | 12:00 AM

Richard Byles, president and CEO of Sagicor Life Jamaica, has suggested that that the central bank needs to reign in monetary policy to resolve liquidity issues and the uncertain path of the falling Jamaican dollar....

Published:Friday | November 29, 2013 | 12:00 AM

Wisynco Group Limited has acquired a 50 per cent stake in Trade Winds Citrus Limited, the maker of Tru Juice fruit beverages.The equity investment in the Bog Walk,...

Published:Friday | November 29, 2013 | 12:00 AM

When it completes its merger with US Airways, the new American Airlines will regain a title that it lost in 2008 - the world's biggest airline.American fell from the top spot in 2008, when Delta Air Lines Inc grew by buying Northwest.In 2010, American...

Published:Friday | November 29, 2013 | 12:00 AM

In Mexico's booming auto industry, the cars rolling off assembly lines may look identical, but how safe they are depends on where they're headed.Vehicles destined to stay in Mexico or go south to the rest of Latin America carry a code signifying there's...

Published:Thursday | November 28, 2013 | 6:20 PM

Scotia Group Jamaica reported annual net profit that was just shy of $12 billion on Thursday in a return to profit levels last seen four years ago.

Published:Thursday | November 28, 2013 | 4:54 PM

The Jamaican dollar lost $0.06 against the United States dollar in trading today

Published:Thursday | November 28, 2013 | 12:00 AM

Washington said Wednesday it is actively working with Cuba to find a new financial institution to handle its diplomatic accounts in the United States (US), after the Caribbean nation announced that a banking cut-off had forced it to halt nearly all...

Published:Thursday | November 28, 2013 | 12:00 AM

When she answered the telephone earlier this week, Quieba Williams got the wonderful news that Christmas had come early for her, and her one wish had come true.Quieba works from home as an online customer service representative for an overseas-based...

Published:Thursday | November 28, 2013 | 12:00 AM

The price of oil dropped to the lowest level since early June as the United States (US) government reported the tenth straight weekly increase in crude oil supplies.Benchmark US crude for January delivery was down US$1.53 at US$92.16 a barrel on the New...

Published:Wednesday | November 27, 2013 | 9:06 PM

According to William Mahfood, Managing Director of Wisynco Group Ltd, the partnership will boost growth for both entities.

Published:Wednesday | November 27, 2013 | 4:56 PM

The Jamaican dollar lost $0.02 against the United States dollar in trading today

Published:Wednesday | November 27, 2013 | 12:00 AM

Ford is recalling the Escape small SUV again, this time to fix oil and fuel leaks that could cause engine fires.The hot-selling SUV has been recalled seven times since it was redesigned and went on sale in the spring of 2012....

Published:Wednesday | November 27, 2013 | 12:00 AM

Jamaica Public Service Company is more than US$3 million in the red due to a substantial fall in revenue and higher debt-servicing charges over nine months ending September.That compares to profit of US$9 million for the same period last year...

Published:Wednesday | November 27, 2013 | 12:00 AM

Venezuelan President Nicolas Maduro is weak and he finds himself in a pair of shoes that are too big to fill. His popularity has been slipping, with a drop of 10 points over the last few months...

Published:Wednesday | November 27, 2013 | 12:00 AM

Credit bureau CRIF NM Credit Assure Limited has partnered with Paymaster Jamaica for the bill payment company to accept requests and allow collection of credit reports through its nationwide network.The credit bureau will...

Published:Wednesday | November 27, 2013 | 12:00 AM

Insurance leader Sagicor Life Jamaica paid out more than $9 billion in claims and other benefits over the first nine months of the year, a spike of about 18 per cent relative to the $7.76 billion paid out last year.That and other expenses erased gains...

Published:Wednesday | November 27, 2013 | 12:00 AM

The Editor, Sir: The Financial Services Commission (FSC) writes to advise that it does not approve or grant waivers relating to pension funds as was quoted in an article in the Financial Gleaner...

Published:Wednesday | November 27, 2013 | 12:00 AM

Dr. Conrad Douglas, who undertook an environmental scoping study of the Goat Islands recently, said no one could make a critical objective analysis of its use for a logistics hub because there was currently no description of the proposed project...

Published:Wednesday | November 27, 2013 | 12:00 AM

An independent Scotland would continue to use the pound sterling as its currency, remain in the European Union, and join the NATO military alliance, Scotland's government said Tuesday.In the first detailed outline of Scotland's political future ...

Published:Wednesday | November 27, 2013 | 12:00 AM

Negotiators came tantalisingly close but failed to clinch a global free-trade deal after more than a decade of talks that could have given the world economy a US$1 trillion boost, the head of the World Trade Organization (WTO) said Tuesday....

Published:Wednesday | November 27, 2013 | 12:00 AM

Argentina's government said Monday it has reached an agreement in principle to compensate Spain's Repsol for last year's 51 per cent expropriation of the YPF energy company.Repsol, YPF and Mexico's Pemex state oil company, which holds a stake in Repsol...

Published:Wednesday | November 27, 2013 | 12:00 AM

BlackBerry's interim chief executive has shaken up the smartphone company's management team in a move seen as a prelude to him taking the top job himself.

Published:Wednesday | November 27, 2013 | 12:00 AM

The first touch-screen tablet manufactured in Haiti has been released in capital Port-au-Prince with company officials announcing that sales will target other Caribbean markets.The tablet, called Sutab, utilises the Android operating system....

Published:Wednesday | November 27, 2013 | 12:00 AM

To preserve the priority of an existing security interest, a secured creditor is required to re-register that interest under the Security Interests in Personal Property Act (SIPPA) within the transition period, which is 180 days from the day the new...

Published:Wednesday | November 27, 2013 | 12:00 AM

The Jamaica Stock Exchange is creating an online platform that will allow individual investors to buy and sell stocks — a function now limited to stockbroker...

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