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Business

Published:Friday | September 27, 2013 | 4:34 PM

The Jamaican dollar traded at $103.50 to the United States dollar today.

Published:Friday | September 27, 2013 | 12:00 AM

JPMorgan chief Uxecutive Jamie Dimon met on Thursday with Attorney General Eric Holder about an investigation into the company's handling of mortgage-backed securities in the run-up to the recession.

Published:Friday | September 27, 2013 | 12:00 AM

The global rift between advanced and developing countries is widening, according to Dr Peter Blair Henry, dean of New York University's Stern School of Business.

Published:Friday | September 27, 2013 | 12:00 AM

Google has quietly retooled the closely guarded formula running its Internet search engine to give better answers to the increasingly complex questions posed by Web surfers.

Published:Friday | September 27, 2013 | 12:00 AM

Electronics company Samsung says it plans to add another retail store in Montego Bay.Its first Samsung Experience Store was opened in Kingston on Thursday, where the new Galaxy Gear smartwatch and Galaxy Note 3 tablet are...

Published:Friday | September 27, 2013 | 12:00 AM

The hotel property most recently acquired by the Sagicor Jamaica Group is expected to open for business in about three weeks, ahead of the winter tourist season.

Published:Friday | September 27, 2013 | 12:00 AM

With a freshly minted masters degree in accounting from the University of the West Indies, at age 23, Andrea Coy thought she was ready to conquer the world.However, 20 years later, she reflects: "What did I know? The real...

Published:Friday | September 27, 2013 | 12:00 AM

Members of the pensions management sector are pushing for local regulators to allow pension funds to invest in products in other jurisdictions as another means of improving returns following the national debt exchanges.Private pensions funds have assets...

Published:Friday | September 27, 2013 | 12:00 AM

Musical chairs - Gerald Hadeed, former chairman of C2W Music Limited, has resigned from that post effective September 12.

Published:Friday | September 27, 2013 | 12:00 AM

Eyeing potential opportunities in the security industry, the management team of DLM Group, holding company for Hawkeye Electronic Security Limited and Ranger Protection and Security Company Limited, has signed Mayberry Investments Limited to act as its lead financial adviser....

Published:Friday | September 27, 2013 | 12:00 AM

News from Trinidad & Tobago read: "Caribbean Community (CARICOM) leaders met in Port-of-Spain this past Tuesday and agreed to the formation of a Commission on the Economy as they seek to revive the ailing economies of the 15-member regional grouping."...

Published:Friday | September 27, 2013 | 12:00 AM

During the weeks and months leading up to the signing of the International Monetary Fund (IMF) agreement Dr Peter Phillips must have felt awfully lonely.

Published:Friday | September 27, 2013 | 12:00 AM

One of the world's top automakers has announced that they will start exporting United States—built Toyota Corolla sedans to 18 countries in Latin America and the Caribbean in 2014.

Published:Friday | September 27, 2013 | 12:00 AM

The regional airline, LIAT, said Wednesday that it had accepted the resignation of its chief executive officer, Ian Brunton...

Published:Friday | September 27, 2013 | 12:00 AM

Cuba has approved tax-exemption rules for a special commercial zone at a massive port under construction west of Havana, in hopes of luring more foreign investment as the country tries to lift its economy with a series of reforms.

Published:Friday | September 27, 2013 | 12:00 AM

The court has resolved a long-running dispute between two Khemlani brothers over ownership of four family businesses in favour of the defendant and older sibling. Supreme Court Justice Lloyd Hibbert has ruled that there was no agreement...

Published:Friday | September 27, 2013 | 12:00 AM

Former Scotia Group Jamaica boss Bruce Bowen has been replaced as president of the Jamaica Bankers Association (JBA) by Maureen Hayden-Cater, president of First Global Bank.Bowen who was re-elected as JBA head in July, has resigned, following his...

Published:Friday | September 27, 2013 | 12:00 AM

Creditinfo Jamaica Limited wants the Private Sector Organisation of Jamaica (PSOJ) to put its weight behind its lobby to include phone and other utility billing information as sources of credit data.

Published:Friday | September 27, 2013 | 12:00 AM

Tax Administration Jamaica (TAJ) says it will be setting up four collection stations across Jamaica on Saturday for persons to pay property taxes....

Published:Friday | September 27, 2013 | 12:00 AM

The Creditinfo group has purchased controlling shares in a company which produces credit reports in Barbados.

Published:Thursday | September 26, 2013 | 12:00 AM

International Monetary Fund (IMF) experts argue the Eurozone should set up a joint budget to strengthen the 17-country bloc's ability to weather economic shocks and help its hardest-hit members avoid severe recessions.Establishing a risk-sharing system...

Published:Thursday | September 26, 2013 | 12:00 AM

Agribusiness giant Archer Daniel Midland Company said Monday that after spending 44 years in the small Illinois city of Decatur, it is looking for a new location for its global headquarters with better access to its customers around the world....

Published:Thursday | September 26, 2013 | 12:00 AM

Burger King wants people to feel less guilty about gobbling up its French fries.The world's No. 2 hamburger chain is launching a new crinkle-cut French fry that it says has about 20 per cent fewer calories than its regular fries.

Published:Wednesday | September 25, 2013 | 12:00 AM

Jamaica can create a platform for economic growth by using the example of Barbados, which stood up to the International Monetary Fund (IMF) and offered wage cuts as a viable alternative to the Fund's prescription...

Published:Wednesday | September 25, 2013 | 12:00 AM

Jamaica is scheduled to make a payment of US$12.19 million, about J$1.25 billion, to the International Monetary Fund (IMF) tomorrow, as it continues to pay down the debt under the February 2010 Stand-by Agreement (SBA)....

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