Tue | Mar 28, 2017

Business

Published:Tuesday | March 28, 2017 | 3:00 AMSaudi ArabiA on Monday reduced the tax rate for Saudi Aramco as plans move forward to publicly list shares of the state-owned oil giant.

The new code, rolled out by royal decree from King Salman, taxes Aramco at 50 per cent on income retroactively, starting January 1.Aramco CEO Amin Nasser thanked the king in a statement for the decree reducing the company's tax rate from what he...

Published:Monday | March 27, 2017 | 3:00 PM

TripAdvisor Travelers’ Choice, among the world’s largest travel site, has ranked Jamaica number 12 on the World’s Best Destinations list. It has been ranked number one in the Caribbean. It ranked Jamaica among destinations such as...

Published:Sunday | March 26, 2017 | 3:11 AMFrancis Wade

  ADVISORY COLUMN: PRODUCTIVITY To managers and older colleagues, new, millennial employees seem to be permanently stuck in a state of disinterest. Afflicted with short attention spans they appear to be unable to summon the drive and...

Published:Sunday | March 26, 2017 | 3:00 AMSteven Jackson

A weekend jaunt into the foothills of the Blue Mountains by hiking or off-roading enthusiasts, coffee aficionado and gourmands who like food served in nature's cradle is a well-known pastime of Kingston's adventure seekers.They don't see a lot of...

Published:Sunday | March 26, 2017 | 3:00 AMNeville Graham

A shift from repos to fee-based services has generated solid income for Barita Investments Limited, but adjustments to support services and products as the realignments occur have also led to big expenses.The upshot is that while Barita made net...

Published:Sunday | March 26, 2017 | 3:00 AM

A friend was relating an experience he had at the University of the West Indies (UWI), Mona, the week of March 13, 2017. It speaks to young people and their career prospects.He overheard a group of female students talking. They were talking about...

Published:Sunday | March 26, 2017 | 3:00 AM

QUESTION: Is there a minimum amount of money required to open an account at the brokers or to buy stock?LouisFINANCIAL ADVISER: The small sums required to open investment accounts or buy stocks and some other investment instruments convey a clear...

Published:Sunday | March 26, 2017 | 3:00 AM

QUESTION: I renewed one of my two motor policies recently. It, like the other policy, was placed by an insurance broker with an insurance company. I was most surprised to find out that the broker had charged a service fee of $5,000 to handle my...

Published:Sunday | March 26, 2017 | 3:00 AM

The Urban Development Corporation (UDC) has divested the Caymanas Golf and Country Club to a group of investors, according to well-placed sources, who said the staff there were advised of the deal last week.Gleaner Business understands that the new...

Published:Sunday | March 26, 2017 | 3:00 AM

In a few weeks' time, the European Union's (EU) long running programme to support the development of the Caribbean rum industry will come to an end.It has been one of the most successful private sector related undertakings ever to be supported by...

Published:Sunday | March 26, 2017 | 3:00 AM

An advertising boycott of YouTube is broadening, a sign that big-spending companies doubt Google's ability to prevent marketing campaigns from appearing alongside repugnant videos.PepsiCo, Wal-Mart Stores and Starbucks on Friday confirmed that they...

Published:Sunday | March 26, 2017 | 3:00 AM

An organisation affiliated with Google is offering tools that news organisations and election-related sites can use to protect themselves from hacking.Jigsaw, a research arm of Google parent company Alphabet Inc, says that free and fair elections...

Published:Friday | March 24, 2017 | 3:07 AMNeville Graham

Jamaican bunkering company West Indies Petroleum (WIP) says it is ready to be a bigger player in the regional fuel market, in addition to becoming the major supplier of low-cost...

Published:Friday | March 24, 2017 | 3:04 AM

French shipping company CMA CGM drew down just over US$56 million, the equivalent of $7.2 billion, for the Kingston Container Terminal (KCT) development project, most of which appeared...

Published:Friday | March 24, 2017 | 3:00 AMSteven Jackson

Scotia Investments Jamaica Limited (SIJL) defended its return on equity, or ROE, which at nine per cent was its second-lowest in a decade, saying the outcome...

Published:Friday | March 24, 2017 | 3:00 AMSteven Jackson

Happiness in Jamaica worsened by three spots to rank 76 globally among 155 nations, according to the World Happiness Report 2017 released this week.The...

Published:Friday | March 24, 2017 | 3:00 AMNeville Graham

Construction support services company SCL Jamaica Limited is on a northward push with the opening of their first outlet outside the capital on Wednesday.The 22-year-old...

Published:Friday | March 24, 2017 | 3:00 AMMcPherse Thompson

The fine against car dealership Crichton Automotive Limited for selling a 2005 car as a 2007 model was chopped nearly in half, but the Court of...

Published:Friday | March 24, 2017 | 3:00 AM

The recent firing of the Coffee Industry Board's (CDB) legal officer and company secretary, according to this newspaper's editorial of March 10, 2017, "ostensibly for underinsuring the agency's...

Published:Friday | March 24, 2017 | 3:00 AM

Swiss bank UBS ordered tostand tax-fraud trial in FranceSwiss bank UBS AG has been ordered to stand trial in France for allegedly helping wealthy French clients evade the country's tax authorities, after it rejectedas too pricey an out-of-court...

Published:Friday | March 24, 2017 | 3:00 AMSteven Jackson

A two-month leadership transition has been set in motion at Cable...

Published:Friday | March 24, 2017 | 3:00 AM

In the Peanut comic strip, Charlie Brown declares he wants to become a doctor.Sally Brown: "You cannot be a doctor as you do not love mankind."Charlie Brown: "I love mankind; it's people I can't stand...

Published:Friday | March 24, 2017 | 3:00 AM

The sole tentative debt restructuring deal that Puerto Rico reached after two years of negotiations is in jeopardy after federal control board officials said Wednesday that they would support the...

Published:Friday | March 24, 2017 | 3:00 AM

The trial between bankrupt brokerage MF Global, run by former New Jersey Governor Jon Corzine, and its former accounting firm, PwC, came to an unceremonious end on Thursday, with both parties saying they...

Published:Friday | March 24, 2017 | 3:00 AM

South Korea announced Thursday a fresh capital injection for Daewoo Shipbuilding...

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