Business, consumer confidence slip -But job, profit expectations remain high
Business and consumer confidence slipped in the second quarter of the year but both remained at near record levels. Consumers remained buoyant about their job prospects, while the business community continues to have a favourable view of the economy, the latest confidence surveys show.
Brazil scouting for new investments
Brazil is scouting for new investments in electricity generation and fertiliser manufacturing, as well as more opportunities in sugar and ethanol production. Coimex, in the meantime, says it remains confident it will win the bid giving it control...
$800m tax bonanza
The Government's grip on expenditures slipped in May to $22.2 billion, compared to the $21.3 billion budgeted, but not enough to erode the savings in April when spending came in at $2 billion under budget. At the same time, the tax authorities appeared to have stepped up their collections...
Paymaster takes aim at one million customers - Signs two new companies
Bill payment agency Paymaster said yesterday it has signed two new customers in the cable and security sectors to its growing list of corporate clients, announcing at the same time it was making an 'aggressive' push for a market of one million customers....
Jamaica secures bigger EU sugar quota - After challenging allocation of St Kitts' share
Jamaica's sugar exports to the European Union (EU) have increased by 3,538tonnes, flowing from a redistribution within Caricom of the 15,590 tonnes that St. Kitts supplied under a preferential trade scheme. Belize and Guyana got the bulk of the allocations, 6,331 and 5,721 tonnes...
Oil prices hit US$73 on strong summer demand
Oil prices struck a 10-month high above US$73 a barrel on Tuesday on strong summer-driving demand in top consumer, the United States.London Brent crude, seen as the best price gauge of the global oil market, settled 30 cents to $72.93 a barrel...
Fidelity reports 2.3 million records stolen
Fidelity National Information Services, a financial processing company, said yesterday a worker at one of its subsidiaries stole 2.3 million consumer records containing credit card, bank account and other personal information. The employee sold the information...
Cuban tourism takes a dive - Blames 'complicated' world events
Cuba has adopted a series of measures to improve the tourism industry's competitive position in the Caribbean and reverse a two-year slide in visitors, state media reported."Today the ministry is working on new investments and repairing hotels of historic interest...
The next level - legal outsourcing
Technology has shrunk the world to a global village; outsourcing is now the buzzword that is changing the job markets globally. Voice is the first level of offshoring, which is now moved up to knowledge-based jobs. Since outsourcing has significant savings for companies...
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