Scotiabank Jamaica has created another J$500 million loan pool for start-ups and small and medium enterprises (SMEs) at a concessionary rate of 8.95 per cent.To qualify, individual companies must demonstrate an estimated net revenue of at least J$49...

Sagres Energy, the Canadian oil exploration company licensed to explore for oil in Jamaica's waters, said it has been granted a nine-month extension to finalise the survey and data collection phase of the project, and is currently seek-ing a partner to...

For much of the last week, the world's media have focused on the outcome of Cuba's Sixth Communist Party Congress which took place in Havana from April 16 to 19.Most of their coverage focused on the time limits that will now be placed on the...

THE RULING Free National Movement (FNM) has accused the main opposition Progressive Liberal Party (PLP) of encouraging unrest in The Bahamas as the fallout continues from the privatisation of the Bahamas Telecommunications Company (BTC)....

JPMorgan Chase & Company will return assets worth $800 million to lawyers representing the brokerage arm of failed investment bank Lehman Brothers Holdings Inc...

For the week ended April 22, some 33,018,578 shares, valued at $2,553,588, crossed the floors of the six stock exchanges across Caricom, with 27 stocks advancing, 14 declining and 80 remaining unchanged.Cable and Wireless Jamaica was the volume leader...

The Bangladeshi bank that pioneered small loans to lift people out of poverty, earning the Nobel Peace Prize for its founder, flouted rules in its business activities, a government investigator said Tuesday.Grameen Bank violated its structure as a...

Ford Motor Company posted its best first-quarter profit in 13 years, as its new, more fuel-efficient vehicles reached showrooms during a surge in gasolene prices.New arrivals such as the Ford Explorer and Fiesta small car are selling well...

Americans' concerns about jobs and inflation eased somewhat in April, pushing the Consumer Confidence Index higher. The increase comes after an unexpected drop in March.

A private research group said United States economic growth should strengthen by summer, but cautioned that consumer concerns over rising gas and food prices could drag on the expansion.The Conference Board said its index of leading economic indicators...

Soaring jet fuel prices are wiping out profits at the nation's biggest airlines.United Continental Holdings Inc lost US$213 million in the first quarter after its fuel bill jumped by US$560 million, the world's biggest airline company said on Thursday.