Fri | Feb 12, 2016

Business

The fast-growing financial outfit Proven Investments Limited (PIL) wants to invest in 100 start-up companies based in Jamaica and other...

Jamaica Cane Product Sales Limited (JCPS), owner of the Jamaica Gold brand and a marketer of raw bulk sugar, has raised $1.2 billion of debt financing in...

Cable & Wireless Jamaica, which trades as FLOW, made its first quarterly net profit in years....

Riyadh's irrational oil strategyIn a world predicated by rationality, many events are clouded in irrational behaviour. One of them is the Saudi decision to raise oil production by 25 per cent.As the world's largest energy producer, Saudi Arabia is...

Questions are growing over the financial health of banks, particularly in Europe, as they face a toxic mix of low economic growth, bad loans and squeezed earnings.France's Societe Generale became...

Twitter set out to build a virtual town square bustling with billions of people. But it's starting to look more like a novelty stand as the masses flock to other services that strike a more...

Poultry conglomerate Jamaica Broilers Group Limited (JBG) raised $4.6 billion from two separate transactions, which will partially refinance the group's debt.The funds were raised this month...

On the day that the Jamaican government got back into the local debt market, the Combined Index of the Jamaica Stock Exchange shed 667 points to close down by 0.39 per cent at 171,240.16 points. Some 13 million units traded valued at around $118...

In light of the pending general election, the International Monetary Fund and the Jamaican Government have agreed to postpone the visit by the fund’s mission scheduled to conduct the 11th review of Jamaica’s performance under the...

Noranda Aluminum Holding Corporation will continue its bauxite mining operations in Jamaica amid filing for bankruptcy protection in the United States.The Chapter 11 filing in St Louis announced on Monday also involved a plan to secure up to US$165...
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