Thu | Apr 26, 2018

Business

Published:Thursday | April 26, 2018 | 12:00 AM

United States media giant Comcast on Wednesday offered£22 billion (US$30.7 billion) for Sky PLC, topping a bid from Rupert Murdoch's 21st Century Fox and setting up a bidding war for the United Kingdom's biggest satellite television company.Comcast...

Published:Wednesday | April 25, 2018 | 12:46 AMAP

  Southwest Airlines runs its planes hard. They make many short hops and more trips per day than other United States airliners, which adds to wear and tear on parts, including the engines. As the investigation into last week's deadly...

Published:Wednesday | April 25, 2018 | 12:05 AM

Directors of KIW International Limited are considering a rights issue to finance the company's investment activities.They are also looking at creating a successor company, which can be listed on the stock exchange, due to difficulties encountered in...

Published:Wednesday | April 25, 2018 | 12:04 AM

We often see foreign nationals being employed in Jamaica, particularly in areas such as hotels, restaurants, construction, wholesale and retail stores.The Foreign Nationals and Commonwealth Citizens (Employment) Act of Jamaica clearly states that it...

Published:Wednesday | April 25, 2018 | 12:04 AMNeville Graham/Business Reporter

Insurance company Guardian Life Limited is cautiously looking to real estate for a continued boost in profits as interest rates continue to trend south.The outlook comes after a 7.3 per cent annual increase in profit - from $4.08 billion to $4.38...

Published:Wednesday | April 25, 2018 | 12:00 AM

Sygnus Credit hopes to launch an initial public offering in a matter of weeks, pending sign-off by market regulators."We expect to come to market between the last week of April and the first week of May," said CEO of Sygnus Capital...

Published:Wednesday | April 25, 2018 | 12:00 AM

Dawn Powell, a retired teacher and farmer from Banton Town in Top Hill, St Elizabeth, says the introduction of drip irrigation to 85 farms has "turned around" the lives of local farmers.But with the initiative, a new problem has arisen - a periodic...

Published:Wednesday | April 25, 2018 | 12:00 AM

QUESTION: A friend and I were talking and I outlined my plans and goals to her. She shocked me and left me somewhat embarrassed when she said, "Oh, but I know that you will soon lose interest in those plans. I don't want to pour cold water on your...

Published:Wednesday | April 25, 2018 | 12:00 AMAvia Collinder

The Ministry of Tourism has been working on new airlift arrangements to move Jamaica towards a goal of 60,000 South American visitors annually by targeting middle-class travellers.Tourism Minister Edmund Bartlett met with senior executives of LATAM...

Published:Wednesday | April 25, 2018 | 12:00 AMSteven Jackson/Senior Business Reporter

PanJam Investment Limited, a property and investment conglomerate, will facilitate the entry of large virtual office company, Regus Limited, to New Kingston by summer.The company will operate from a floor within the PanJam building at Knutsford...

Published:Wednesday | April 25, 2018 | 12:00 AM

Amazon's latest perk ... free delivery to your car.The Seattle company on Tuesday began offering delivery in 37 cities to Amazon Prime members who own newer General Motors or Volvo vehicles.The company will expand the number of locations as well as...

Published:Wednesday | April 25, 2018 | 12:00 AM

Cambridge Analytica unleashed its counter-attack against claims that it misused data from millions of Facebook accounts, saying Tuesday it is the victim of misunderstandings and inaccurate reporting that portrays the company as the evil villain in a...

Published:Wednesday | April 25, 2018 | 12:00 AM

Iran's central bank has officially banned the use of cryptocurrencies in financial transactions in order to prevent money laundering and terrorism, a newspaper reported Monday.The move is seen as part of Tehran's efforts to control the currency...

Published:Wednesday | April 25, 2018 | 12:00 AM

Jomo Cato, the co-founder of Quikanou Global, which trades as Quickcanoe, says ecommerce activity in Jamaica could generate about US$100 million, even while noting that the majority of online retail sales flow to overseas giants like Amazon and...

Published:Tuesday | April 24, 2018 | 12:00 AM

The United States Treasury Department moved to ease sanctions against Russian aluminium company Rusal.The Treasury Department extended a deadline for US companies to stop doing business with Rusal and also said it could change its stance on...

Published:Sunday | April 22, 2018 | 12:00 AMSteven Jackson

AMG Packaging & Paper Limited (AMG), which makes cardboard boxes, suffered from reduced profits arising from increased paper prices on the global market...

Published:Sunday | April 22, 2018 | 12:00 AMAvia Collinder

Samuel Afonso Diaz, country manager for Hospiten Jamaica Limited, a private hospital located in Rose Hall, St James, indicates that the facility is in the process of expanding staff count to meet local needs.Diaz told the Financial Gleaner that "As...

Published:Sunday | April 22, 2018 | 12:00 AMNeville Graham

The Insurance Association of Jamaica (IAJ) is currently undertaking the final phase of testing an insured vehicle information system (IVIS), which will allow motorists and other persons involved in accidents to determine whether or not those...

Published:Sunday | April 22, 2018 | 12:00 AM

For years now, Caribbean high Commissioners, activists, church organisations, and community - oriented Caribbean companies have been raising with the British government and parliamentarians the shocking way in which undocumented members of the...

Published:Sunday | April 22, 2018 | 12:00 AM

Question: I have been in a battle with the Jamaica Defence Force for nearly two years. My vehicle was involved in an accident with one of theirs in November 2016. JAA roadside assistance visited the scene. They conducted investigations and took...

Published:Sunday | April 22, 2018 | 12:00 AM

QUESTION: I am currently a sixth former and I am thinking of choosing the career path of being a financial adviser. After reading your article "The attractiveness of stock splits," I decided that I should email you for guidance and further details...

Published:Sunday | April 22, 2018 | 12:00 AM

FirstCaribbean International Bank Limited (FCIB) said it has withdrawn its plans to list shares on the New York Stock Exchange (NYSE) in view of market conditions."FCIB announced the withdrawal of the US registered public offering and listing of its...

Published:Sunday | April 22, 2018 | 12:00 AM

Should an employee be granted the right to turn down a manager's request to focus on a given task, thereby dropping everything else? And is it better to have a reporting relationship based on obedience, or its opposite, independent choice? While...

Published:Sunday | April 22, 2018 | 12:00 AM

An audit of Facebook's privacy practices for the Federal Trade Commission (FTC) found no problems even though the company knew at the time that a data-mining firm improperly obtained private data from millions of users - raising questions about the...

Published:Sunday | April 22, 2018 | 12:00 AM

Global finance ministers see rising trade tensions between the United States and China as a major threat facing the world economy.Argentine Treasury Minister Nicolas Dujovne says in addition to the shock waves seen in markets from the threat of a...

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