Jamaica Beverages Limited took possession of the assets of Jamaica Citrus Growers Limited (JCGL) on May 4, but the parties have three months to close the sale, says agent Wilfred...

Plummeting interest rates, loan delinquency and reduced loan income were cited Wednesday by COK Sodality Credit Union for weakened returns in the last two years, and a string of losses accumulated on its balance sheet....

Food and financial services conglomerate GraceKennedy Limited is holding to plans to grow its international markets, with Africa as a prime target, but acknowledged to investors on Monday that a new US law and a growing penchant by local con men to scam...

Trinidad's Opposition Leader Dr Keith Rowley has called on the state-owned Caribbean Airlines Limited (CAL) to abandon its plans to reintroduce regular flights to London, and also criticised plans by the airline to compete with the Antigua-based...

Caribbean Airlines Limited has been given the green light to commence direct flights to Panama.Panama's head of state, Ricardo Alberto Martinelli Berrocal, said on a visit to Port-of-Spain that he held discussions with Trinidad Prime Minister Kamla...

The CEO of JPMorgan Chase survived a shareholder push Tuesday to strip him of the title of chairman of the board, five days after he disclosed a US$2 billion trading loss by the bank.CEO Jamie Dimon also won a shareholder endorsement of his pay package...

Facebook Inc on Tuesday increased the price range at which it plans to sell stock to the public, as investor enthusiasm in the potential value of the world's most popular social network continued to climb.The California company said in a regulatory...

Facebook is selling 180 million of its shares in its initial public offering.Another 157 million are coming from existing stockholders, including the company's earliest investors and CEO Mark Zuckerberg, who's selling some of his stock to cover tax obligations.

May 7-11, 2012 - The major Caribbean indices again ended the week lower, as the year-long weakness in Junior Market and Financial stocks continued.For the week, 31,231,204 shares valued at US$5,077,684 crossed the floors of the six stock exchanges across...

The price of oil dropped to a six-month low Tuesday on concern that economic uncertainty in Europe could hurt demand for crude.Benchmark West Texas Intermediate crude fell 80 cents to end the day at US$93.98 per barrel in New York.