Thu | Oct 17, 2019

Business

Bargainers for General Motors (GM) and the United Auto Workers reached a tentative contract deal on Wednesday that could end a month-long strike that brought the company’s United States-based factories to a standstill. The deal, which the union...
Mastercard Jamaica Country Manager Dalton Fowles (left) and Mastercard Caribbean Division President Marcelo Tangioni speak at a press conference to announce that Mastercard has set up office in Jamaica on October 15, 2019, at the AC Kingston Hotel in New Kingston.

It’s been roughly a month since technology company Mastercard settled into its new office space in New Kingston, but discussions are already ongoing to have the company doubling users of electronic payment systems across Jamaica over the next three...
Managing director of Market Research Services Limited Don Anderson (left) converses with branch manager for NCB Matildas Corner Dave Wilson (centre) and past president of the Jamaica Chamber of Commerce Larry Watcon at the third-quarter release of the business and consumer confidence indices at the Courtyard by Marriott Hotel in New Kingston on Tuesday, October 15, 2019.

Business confidence dipped in the third quarter of 2019 as firms have second thoughts about their positive expectations for the economy over the next year. Consumer confidence also fell for the first time in seven quarters, a decline attributed to...

General Motors CEO Mary Barra joined negotiators at the bargaining table, an indication that a deal may be near to end a monthlong strike by members of the United Auto Workers union that has paralysed the company’s factories. Barra and GM President...

The International Monetary Fund (IMF) is further downgrading its outlook for the world economy, predicting that growth this year will be the weakest since the 2008 financial crisis, primarily because of widening global conflicts. The IMF’s latest...

WASHINGTON (AP) — The International Monetary Fund is further downgrading its outlook for the world economy, predicting that growth this year will be the weakest since the 2008 financial crisis, primarily because of widening global conflicts....

Two researchers from the Massachusetts Institute of Technology, MIT, and a third from Harvard University won the 2019 Nobel Prize in economics on Monday for groundbreaking research into what works and what doesn't in the fight to reduce global...

Ex-cop Herman Miller and wife Carolyn Rose Miller only have two products in their condiments range. And it would be easy to assume that their company is a long-standing player in the market, given the product packaging, slick promotional materials...

Chas E. Ramson Limited is investing $375 million in warehouse expansion for which construction has already broken ground on lands owned by the distribution company at its operating base in Kingston. The new warehouse space that Ramson aims to...

Jamaica should redirect austerity savings towards ­spurring exports, which would improve competitiveness, according to a long-standing researcher for the Global Competitiveness Report, published by the World Economic Forum, or Weforum. “I continue...
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