Published:Wednesday | September 25, 2013 | 12:00 AM
South Korean technology company Samsung is to open a flagship store in Kingston called the Samsung Experience Shop to push its products.The Jamaican store will open on Thursday at Tropical Plaza on Constant Spring Road...
Published:Wednesday | September 25, 2013 | 12:00 AM
Inside the Caribbean, Digicel Group estimates that cloud computing services is potentially worth US$100 million.In four years, the telecom said it has rolled out the services across all of its...
Published:Wednesday | September 25, 2013 | 12:00 AM
Brazil plans to divorce itself from the US-centric Internet over Washington's widespread online spying, a move that many experts fear will be a potentially dangerous first step toward politically fracturing a global network built with minimal...
Published:Wednesday | September 25, 2013 | 12:00 AM
Chrysler Group is reluctantly preparing for an initial public offering of some of its shares.The automaker is proceeding with the IPO after it failed to reach an agreement on the value of the stock with the retiree trust that owns it....
Published:Wednesday | September 25, 2013 | 12:00 AM
The price of oil slipped to around US$103 a barrel Tuesday, a six-week low, as fears of a United States-led military attack on Syria faded.By early afternoon in Europe, benchmark oil for November delivery was down 60 cents to US$102.99 a barrel...
Published:Wednesday | September 25, 2013 | 12:00 AM
Digicel Jamaica said Tuesday that it plans to invest another J$4 billion to improve its network and customer care delivery.The move comes amid strong customer growth across all business segments, according to Digicel, with a record level of customers...
Published:Wednesday | September 25, 2013 | 12:00 AM
Jamaica will miss the deadline for tabling the Omnibus Tax Incentive bill, one of the structural benchmarks set out under the 48-month Extended Fund Facility with the International Monetary Fund (IMF).The agreement...
Published:Wednesday | September 25, 2013 | 12:00 AM
National Commercial Jamaica Limited (NCB) said Tuesday that Deputy Group Managing Director Dennis Cohen will in 2014 assume responsibility for group finance with the pending departure of current officeholder Yvonne Clarke....
Published:Wednesday | September 25, 2013 | 12:00 AM
With more than half of the Sagicor Sigma Real Estate Portfolio being hotel properties, income to the X Fund will be heavily influenced by the performance of the seasonal tourism sector.Sagicor has made an offer ...
Published:Wednesday | September 25, 2013 | 12:00 AM
Jamaica's bankers are lobbying the central bank to ease up on its tight monetary policy, saying they are starved of cash to finance capital projects.New president of the Jamaica...
BlackBerry has agreed to sell itself for US$4.7 billion to a group led by largest shareholder, Fairfax Financial Holdings Limited.BlackBerry said Monday that a letter of intent has been signed and its shareholders will receive US$9 in cash for each...
US Airways and American Airlines are extending their merger deadline by at least a month to wait for the outcome of an antitrust lawsuit filed by the federal government.That trial is scheduled to begin November 25.
Apple says shoppers snapped up nine million of its newest iPhones since the devices were launched last Friday, and that demand is exceeding supply.Apple says the two new models gave it its strongest iPhone launch ever.
The tagline for Elite Diagnostic Imaging Services reads: experience the difference', and that's the truth. From you enter the waiting room, you are immediately transported into an atmosphere of cool elegance and professionalism...
Tech titans see opportunity in cybersecurityBy Steve JohnsonSan Jose Mercury NewsWith its PC sales slowing, Hewlett-Packard Co is grappling for a piece of the exploding cybersecurity market as a key part of CEO Meg Whitman's plan to turn around the...
NASSAU, Bahamas: The International Finance Corporation (IFC) plans to raise the Jamaican dollar equivalent of US$500 million of debt capital through a series of bond floats on the Jamaican market....
Question: I am 24 years old and in debt. I want to get out and I believe that starting a business would help. Long story short, I am the eldest of six children for my mother. However, I am the only one living in Kingston and in an effort ...
Question: I collected insurance funds from the death of my sister over a year ago. I have some of the funds on investments at Sagicor. The thing is, she left two daughters and I'm looking to maximise the funds in the best investments I can find....
Caribbean Flavours and Fragrances, manufacturer and supplier of colourings and flavourings, will be seeking to raise J$50.6 million from subscription for up to 22.48 million shares in an initial public offering...
Caribbean countries have told the International Monetary Fund (IMF) and other international lending agencies that the region should not be lumped with other nations and classified as middle-income countries. Bahamas Prime Minister Perry Christie ...
The World Bank says despite spending nearly 11 years acquiring an education, school leavers in the Caribbean often struggle to find formal employment.The Washington-based financial institution has released a new report titled 'Quality...
