A humble five-cent coin with a storied past is headed to auction and bidding expected to top US$2 million a century after it was mysteriously minted.The 1913 Liberty Head nickel is one of only five known to exist, but it's the coin's backstory that adds...
Telecoms provider LIME Jamaica will again slash mobile phone rates if the Office of Utilities Regulation (OUR) lowers termination rates by March.At the same time, LIME has rejected comments by rival Digicel Jamaica that lower rates would stymie...
The newest local air passenger carrier, Jamaica Queen Airlines (JQA), will be seeking to fly to the United States and The Bahamas operating a fleet of eight Airbus planes, according to a statement of intent to the Jamaica Civil Aviation Authority...
The price of oil climbed above US$97 a barrel Tuesday for the first time in four months, and analysts said it could go higher if upcoming reports on jobs and United States (US) economic growth are positive.Benchmark oil for March delivery rose $1.13...
GraceKennedy Money Services (GKMS) will be expanding its Bill Express services to the Eastern Caribbean, starting with the collection of invoices for telecommunications company LIME in Antigua.GKMS already operates the Western Union service from four...
Thermoplastic manufacturer Omni Industries, whose warehouse and machinery were damaged by fire less than two weeks ago, is back to full production, while its sister company Flexpak is back to 80 per cent of production capacity."...
Bahamians voted overwhelmingly in a national referendum on Monday to reject proposals legalising web-shop gambling and a national lottery. Preliminary results showed that by a margin of almost two to one, the voters in the Caribbean Community (CARICOM)...
A new study says micro, small and medium-sized enterprises (MSMEs) can play a "fresh and significant role" in boosting relations between Latin America, the Caribbean and the European Union (EU).The study, 'Building SME Competitiveness in the European...
Microsoft's retooled version of its Office software is hitting the market as the company tries to extend one of its key franchises beyond personal computers.Tuesday's debut comes six months after Microsoft previewed the new-look Office, which includes...
RBC Royal Bank, in a move which it says is aimed at positioning its business in Jamaica for long-term growth and profitability, will be closing four of its branches considered to be low...
Red Stripe will spend US$14 million (J$1.3 billion) on energy initiatives at its brewery aimed at slashing costs by 20 per cent over the next three years.The company previously disclosed the projects, but on Monday...
RBC Capital Markets, in conjunction with RBC Merchant Bank (Caribbean) Limited, has successfully placed a US$300-million amortising bond issue for the Caribbean Development Bank (CDB) to bolster regional development and stimulate economic growth....
Three months after superstorm Sandy devastated coastal areas in much of the United States (US) Northeast, the Senate moved Monday towards passing a $50.5 billion emergency package of relief and recovery aid after House Republicans stripped...
The Chairman of the African Caribbean and Pacific (ACP) Sugar Subcommittee, Dr P.I. Gomes, has welcomed a vote in the European Parliament Committee on Agriculture and Rural Development which supports the extension of the current quota provisions until September 30, 2020.
A watchdog says the United States Treasury Department disregarded its own guidelines and allowed large pay increases for executives at three firms that had received taxpayer-funded bailouts during the financial crisis.
In keeping with its mission statement and corporate social responsibility to give back to the nation, CARI-MED Limited has been involved in several health and wellness initiatives, affecting a broad spectrum of institutions and individuals over the 26 years since it set up operations in Jamaica.
The Antigua and Barbuda government said Monday it had been granted authorisation by the World Trade Organization (WTO) to suspend certain concessions and obligations it has under international law to the United States (US) in respect of intellectual...
The St.Lucia government says it will amend existing legislation governing the operations of the St. Lucia Electricity Services Limited (LUCELEC), the sole electricity company, as it moves to provide consumers with relief from high electricity rates.
HELPING JAMAICA through partnership is one of the main tenets of the Jamaica National Building Society Foundation (JNBS Foundation). A member of the JN Group, it is the outreach arm of the 138-year-old society and its subsidiaries...
