Fri | Sep 4, 2015

Business

Lasco Manufacturing Limited is to upgrade its capacity by next January to meet increasing demand for its iCool beverage line, Chairman Lascelles Chin has said.The company is adding a new filling line in the continuation of its expansion programme...

Carreras Limited plans to introduce new cigarette products under its Craven A brand in another two weeks, Managing Director Marcus Steele has said.Among other things, the new products are aimed at recovering ground lost to cigarette smugglers,...

After one year in gestation, regulations required to bring the Banking Services Act into force were passed in the Lower House on Wednesday and will be taken up in the Senate next week.Minister of Finance DrPeter Phillips says the passage of the...

While United States housing and auto sales showed strength over the summer, manufacturers were feeling pressure from China's economic slowdown and the oil industry was squeezed by lower energy prices.That's the US economic picture that emerges from...

China's slowdown, volatile financial markets and tumbling raw materials prices have raised the risks to economic growth around the world, the International Monetary Fund (IMF) reported Wednesday.In an assessment of threats published as top finance...

US stocks moved slightly higher Thursday as markets calmed after a recent bout of turmoil. Investors were encouraged by comments from European Central Bank (ECB) policymakers, who said they were willing to provide more stimulus to the region's...

The troubled state-owned Puerto Rico power company announced a restructuring plan Wednesday with some of its creditors that would provide breathing room for an island staggering under the weight of its public debt.A group of bondholders holding...

Rising levels of coffee consumption in Japan mark the end of a post-recession slump in which that nation cut imports of the bean, a move felt sharply by the coffee industry in Jamaica which until then exported more than 80 per cent of produce to the...

When representativesof Golden Grove Sugar Company and officials from the Sugar Industry Authority (SIA) sit down at 10:30 a.m. today, they will be signing the documents to give marketing agency status to the estate.It will become the second private...

Given the timing, the Long Pond sugar factory may not be ready for the next sugar crop, which kicks off in December, according to CEO of Everglades Farms Andrew Hussey, even as talks continue on the future of the asset.It would take months to...
Subscribe to Business