IWC Capital Management aims to raise at least US$5 million (J$432 million) in December on the private placement market to fund purchases of undervalued real estate in New York, according to the deal's lead broker and arranger, Mayberry Investments.IWC...

Marketing consultancy Denway Corporation has expanded into distribution having signed with cookware designer Joseph Joseph Limited as exclusive distributors in Jamaica and the Caribbean.Incorporated in 2006 and owned...

The selling points for cloud services are that it frees companies from having to spend big on technology support and nullifies geography as a barrier to in-house information, which can be plugged from the cloud as needed.The growth of the cloud market...

The idea is radical not so much in its concept as in its potential scope.Architect and planner Clifton Yap sees the waterfront as a cultural tour de force; a place dotted with shops and eateries; a boulevard...

The Trinidad and Tobago government Monday night lifted the five-hour curfew with immediate effect, but kept in place the state of emergency (SOE) that was first imposed on August 21.At the same time, Prime Minister Kamla Persad-Bissessar said her...

A strong performance from financial stocks saw Caribbean stocks end the week higher, as 48,019,957 shares, valued at US$4,738,957, crossed the floors of the six stock exchanges across Caricom.For the week, 27 stocks advanced, 51 declined and 47 remained...

In many circles, gold is currently viewed as the hottest investment around.The price of an ounce of gold is up 30 per cent in the last year, or 400 per cent in the last 10 years, outperforming virtually every other asset class.

Hardware and Lumber Limited, operator of Rapid True Value stores, has been racking up profit at the rate of J$605,000 per month in a sign of slow but steady progress.The current nine-month performance is in striking contrast to the J$1.5 million per...

A huge oil discovery by the Spanish company Repsol has sharply boosted Argentina's potential to cash in on energy and could eventually attract an infusion of investment to exploit the shale oil.Experts said Tuesday the find is very promising...

Oil prices are above US$96 per barrel as tensions rise over Iran's nuclear programme and OPEC boosts its demand forecast.Benchmark crude on Tuesday rose to $96.64 per barrel in mid-afternoon trading in New York.

The ranks of America's poor are greater than previously known, reaching a new level of 49.1 million, or 16 per cent, due to rising medical costs and other expenses that make it harder for people to stay afloat, according to new census estimates....

Europe's debt crisis struck at the ancient capitals of Rome and Athens on Tuesday.Italian Prime Minister Silvio Berlusconi, bloodied by a key vote, signalled he would resign, and Greek politicians said they were close to agreeing on a new government ...

The euro rose against the dollar Tuesday after Italian Prime Minister Silvio Berlusconi said he would resign once a new budget is passed.Italy became a focus of investors who were worried that the country could be engulfed by Europe's debt crisis.