Two Jamaican companies have applied for registration as brokers to trade stocks on the Caribbean Exchange Network (CXN) on which trading is expected to kick off in one month.CXN is an electronic trading system that will allow for real-time cross-border...

Jamaica now ranks as the fastest growing cruise destination in the Caribbean based on the pull of the Falmouth Pier, launched a year ago, and one key official estimates visitor-spend to surpass US$100 million (J$8.7...

Spirits conglomerate Lascelles deMercado and Company has blamed last December's election and a weak economy for a 12 per cent drop in net profit in its first quarter.Lascelles, owner of the famous Wray & Nephew and Appleton rums, said the local...

The financial problems plaguing the Trinidad-based Colonial Life Insurance Company (CLICO) and its sister company, British American Insurance Company, could "wreck" the regional integration movement, St Vincent and the Grenadines Prime Minister Dr Ralph...

Proview Electronics says it is now seeking to regain worldwide rights to the iPad name and is suing Apple Inc for alleged fraud and unfair competition, hoping to have a 2009 sale of the trademark ruled void. The Taiwan-based maker of LED lights said...

Barclays PLC revealed Tuesday that it is the bank targeted by the British Treasury's action to shut down two methods of avoiding tax, a change in the law that could cost the bank up to £500 million (US$800 million)...

Attorneys for Texas tycoon R. Allen Stanford rested their case on Monday without having the once high-flying businessman testify at his fraud trial on charges he bilked investors out of more than US$7 billion....

Billionaire investor Warren Buffett said Saturday that he was "dead wrong" with a prediction that the US housing market would begin to recover by now, but he remains optimistic about the nation's economy.In his annual letter to Berkshire Hathaway...

The Caribbean Information and Credit Rating Services (CariCRIS) has reaffirmed the creditworthiness of Sagicor Life Jamaica based on the companys dominant market position, healthy profitability and good capitalisation levels...

Caribbean stocks ended the week of February 24 lower, fuelled by declines in manufacturing stocks and continued weakness in financials and junior market stocks...