BNS sues MultiLink partners - Dispute over Scotia Visa debit card

Jamaica's second-largest bank has been accused of breaching a shareholder's agreement in relation to the MultiLink network.Bank of Nova Scotia Jamaica (BNS) has turned to the Supreme Court for clarity on the operations...

Pegasus revenue turns red - Hotel company delists

Pegasus Hotels of Jamaica completed its transition to private ownership on Tuesday with the delisting of the company's shares, all of which are now owned by Kevin Hendrickson's Quivin International...

OUR to police fuel charges on electricity bills

The Office of Utilities Regulation (OUR) wants to audit power providers, including Jamaica Public Service Company (JPS), to ensure that customers are correctly charged for fuel when world oil prices fluctuate.

Churches-GSB merger approved, creates J$8 billion operation

Shareholders of GSB and Churches credit unions last week gave the nod to their boards for the merger to proceed, and for the merged entity to adopt the new name of First...

Processors applaud capitulation on animal feed, raw-food tax

Jamaica Broilers and Caribbean Broilers, the two largest producers of chicken meat, are crunching the numbers to determine the level of increase to be imposed on consumers, based on added costs especially arising from the pending rise in General Consumption Tax...

Hampden to absorb rum tax for now; others hike prices

Hampden Estate, which ventured into bottling white overproof rum for the local market just over a year ago, has decided to cut its margin on its brand, Rum Fire, by absorbing the recently imposed more than 200 per cent increase in special consumption...

Apple kicks Google Maps off iPhone, adds Facebook

Steve Jobs' vendetta against Google remains alive, eight months after the Apple co-founder died feeling betrayed by a company he once embraced as an ally. Apple Inc is escalating the feud between two of the world's most influential companies by dumping...

Mobile money plan stumbles at start in Haiti

Getting money in Haiti can be a harrowing experience: Bank branches are few, most of them are in the capital and a simple transaction can take half a day.Cash machines are scarce as well, and often broken or empty...

Lack of detail on Spain rescue spooks investors - Eyes now on Italy

Investors continue to find more questions than answers in Spain's decision to seek help for its ailing bank sector and tap a €100 billion (US$125 billion) euro area bailout fund....

CARIBEAN WEEKLY STOCK REPORT - June 4-8, 2012

Solid gains on banking stocks and a rally on the junior market saw the major Caribbean indices ending the week slightly higher...

Business Events

Email entries to business@gleanerjm.com

Daegu to London

Join us for non-stop coverage of the World Championship in Daegu
Daegu to London

The Gavel

PNP's credibility slipping fast
The Gavel

Carimed Celebrating 25

Carimed Celebrating 25 Years

Roving with Lalah

Roving with Lalah

In the Flair

Flair

Live Cricket

Scorecard and Live Commentary
Live Cricket

Cartoons