Mobile operator Digicel Group has signed a US$17-million ($1.5b) financing arrangement with mobile banking outfit Boom Financial, formerly m-Via, to spearhead remittance products in the region...

The prices of poultry, pork and other products are set to increase in the next few weeks because of the increasing prices of corn and soya bean as a result of the worst drought in the United States midwest...

Jamaica's Ministry of Finance has tapped funding from two big banks and a Venezuelan-backed oil fund to repay its matured €200-million bond today, Friday, but says the oil funds are not being used as direct financing for the external debt....

LIME Jamaica reassured shareholders on Wednesday that a turnaround for the company was now in sight, putting a positive face on the record J$20-billion loss wracked up by the flailing telecoms last year....

An 11-year legal battle between the Jamaica Gasolene Retailers Association (JGRA) and its holding company, the Gasolene Retailers of Jamaica (GRJ), over the ownership of prime real estate in Kingston bought 33 years ago...

Restaurants of Jamaica (ROJ) is investing US$300 million in the expansion and re-imaging of Pizza Hut's dine-in restaurants and delivery service, including a new store in Braeton, Greater Portmore, later this year....

Scandals plague the world's financial system. Apart from the JPMorgan 'London Whale' trader's stupid, big bets, other similar situations continue to exist....

Penned more than 45 years ago, the psychedelic lyrics to 'Lucy in the Sky with Diamonds' written by John Lennon are quite adequate for the pair of diamonds who reside on the opposite shores of the Atlantic.The travails of some of the most important...

Kent Gammon, the past chairman of the divestment committee of the Cocoa Industry Board, says the planned merger of the cocoa and coffee commodity boards should be structured to allow producers greater control over the marketing of their crops....

The British government is trying to drum up business, a day after figures showed the country's economy is in a deeper recession than previously thought.On the eve of the start of the Olympic Games, the government has gathered around 4,000 business...

Greece's government started new talks Thursday with international debt inspectors to determine whether the country keeps receiving rescue loans or is forced to default and potentially leave the euro currency union.Here's a look at some of the country's...

PepsiCo Inc's second-quarter results had some fizz, but very little pop.The maker of brands such as Frito-Lay chips and Tropicana juices said Wednesday that its net income fell 21 per cent, but beat Wall Street estimates as it spent more on advertising...

Ireland has sold more than €5.2 billion (US$6.4 billion) in long-term bonds for the first time in nearly two years - a major test of sentiment toward the bailed-out nation.Ireland's National Treasury Management Agency aimed the surprise auction of...