The Wisynco Group, one of Jamaica's largest distributors, has become the latest company to look to expand its operations to Africa and as such is exploring long-term possibilities of establishing a facility there...

The Development Bank of Jamaica (DBJ) has indicated that it will unload more than 2,000 acres of agricultural lands slated for divestment by the third quarter of this year.The property straddles the neighbouring communities of Montpelier in St James ...

World Finance, a leading financial magazine in London, has named First Global Bank (FGB), a wholly owned subsidiary of the GraceKennedy group, the winner of the "Best Banking Group 2012" award for Jamaica. ...

Canadian-based Sagres Energy has begun the second exploration phase and plans to drill its first well within three years as it continues the search for oil offshore Jamaica, according to a company statement....

In this second decade of the 21st century Jamaica faces yet another crisis of debt and its strangulation of possibilities for government budgetary initiatives in activities with developmental impact....

Caribbean Tourism Organization Chairman Ricky Skerritt has been defending the recent decision by at least two regional governments to introduce new taxes in the tourism sector, even as the region criticises Britain's increased aviation tax...

Europe's financial risk watchdog has called for tough conditions to be attached to any bailouts for banks and for insolvent lenders to be sold off or closed down, ahead of an expected request from Spain for loans to help fix its troubled financial sector.

After alleging that a South Florida man ran a "vast cash-to-Cuba operation," United States federal prosecutors now say they have no proof that the Castro government is behind a multimillion-dollar Medicare money-laundering scheme.

An American Ponzi scheme operator in cahoots with a Bermudian, who wired his ill-gotten gains to the island, has been jailed for six years in the United States, media in Bermuda reported.Daniel Two Feathers must also repay his victims more than US$2.4...

Google's share-holders were expected to approve on Thursday the company's plan to issue a new class of stock. Google's co-founders, Larry Page and Sergey Brin, and Executive Chairman Eric Schmidt are pushing for the move...

A measure of future United States economic activity rose in May to the highest level in four years, a sign the economy will keep growing but at a modest pace.The Conference Board said Thursday that its index of leading economic indicators rose 0.3 per...