Lascelles deMercado and Company has turned to the courts to compel the Financial Services Commission (FSC) to declare the amended hostile bid by Black Sand Acquisition Group as being non-compliant with the regulator's...
The Supreme Court has rejected an application by telecommunications company LIME, which sought to block the acquisition of Claro Jamaica by Digicel Group by challenging the decision of the prime minister to approve what it suggested was a harmful deal....
Jamaica attracted roughly US$1 billion ($86 billion) in net investment last year when factoring all business activity, including foreign direct investment, according to a central bank report released last week....
Caribbean stocks fell as 35,226,206 shares, valued at US$4,834,640, crossed the floors of the six stock exchanges across CARICOM, with 19 stocks advancing, 54 declining and 51 unchanged.Jamaican Teas Limited was the volume leader with 10,272,602 shares...
This week, we continue our discussion on risk. In everyday usage we tend to think of risk in predominantly negative terms, as something to be avoided or a threat that we hope won't materialise...
Ambassador Marco Mazzocchi Alemanni, head of the delegation of the European Commission/European Union, said a speedy resolution on issues such as tax reform and reduction of the public-sector wage bill could serve as an incentive for Jamaica's...
Gassan Azan has applied to the Manchester Parish Council for approval to construct another MegaMart store in the parish capital, Mandeville.While telephone calls to Azan went to voicemail, Dewaine Larmond, acting director of planning at the Manchester...
The 1,344 investors seeking shares in General Accident Insurance Company will each be allotted a piece of the company. Lead broker Mayberry Invest-ments Limited said Monday that those bidding for up to 50,000 shares will receive their full allotment...
CLICO policyholders have headed to court with a challenge to new legislation passed last week by the Trinidad Parliament that bars legal action against the central bank for recovery of funds from the failed insurance company...
Forget about Thomas Edison's famous saying about genius being one per cent inspiration and 99 per cent perspiration. How about this instead: Genius is making a way out of no way.
Venezuela says it is surprised at the move by Guyana to apply to the United Nations for an extension of its continental shelf.The Ministry of Foreign Affairs in Venezuela said that while Guyana's request does not prejudge the limits between the two...