The sale of land and factory assets of Jamaica Citrus Growers Limited (JCGL) will be completed on September 28, says Wilfred Baghaloo, the agent to receiver John Lee of director of PricewaterhouseCoopers (PwC) Jamaica.The parties had agreed on a 45-day...

Beverage company Coldfield Manufacturing has overhauled the packaging on its juices to dispel what it calls misconceptions about the quality of the products, but also to position for expansion into exports....

The stock market lost more value in August and while analysts are not ruling out further declines, they also say the floor is in sight.Investors lost J$1.97 billion of their wealth on the main market of the Jamaica Stock...

The order to lock down Clarendon Distillers Limited (CDL) in March was lifted shortly after, says Jamaica's environmental watchdog, following a deal with Chinese sugar producers to handle the rum producers' problematic waste.Clarendon Distillers...

The past decade was a boom for Colombia. The rearmament of the Colombian military, under Plan Colombia, allowed it to step up its fight against the insurgency.Consequently, the military turned the tide of the conflict and was able to regain control...

Despite, or rather, because of nervousness among investors and on currency and capital markets, on July 26, Mario Draghi, president of the European Central Bank (ECB), said Europe remains ready to do within its mandate "whatever it takes to preserve ...

The United States Federal Reserve says it will spend US$40 billion a month to buy mortgage-backed securities for as long as necessary to stimulate the still-weak economy and reduce high unemployment. It also extended a plan to keep short-term interest...

A combination of factors, including high electricity costs which increased by 30 per cent despite the adoption of several conservation methods by one of its subsidiaries, resulted in a significant decline in operating profit for the Kingston Wharves group during the last year.