Thu | Oct 18, 2018

Business

Published:Friday | October 12, 2018 | 12:00 AM

In a country with no opinion polls, campaigns or independent mass media, a series of meetings on reforming Cuba's constitution has spawned a highly unusual debate on the island's political...

Published:Friday | October 12, 2018 | 12:00 AM

Across Latin America, prosecutors have been pressing charges in recent years against politicians accused of corruption in the scandal involving Brazilian construction giant Odebrecht, which...

Published:Friday | October 12, 2018 | 12:00 AM

Fresh on the heels of last week's launch of its Texgas liquid petroleum gas, or LPG, for automobiles, GB Energy Jamaica, the local operators of the...

Published:Friday | October 12, 2018 | 12:00 AM

Stocks slumped for a second straight day as the US market endured its most volatile stretch since February.The Dow Jones industrials fell 545 points, or 2.1 per cent, to 25,052.83, and the benchmark S...

Published:Thursday | October 11, 2018 | 12:00 AM

China promised Tuesday not to weaken its currency to boost exports during a tariff fight with Washington and rejected United States concern about the yuan's sagging exchange rate as groundless and irresponsible.Beijing has no intention of using "...

Published:Wednesday | October 10, 2018 | 12:00 AMSteven Jackson/Senior Business Reporter

The maker of Tru-Juice, Trade Winds Citrus Limited, sold $3.3 billion worth of goods to exclusive distributor Wisynco Group, according to financial disclosures made by the latter company to the market.Trade Winds is now ramping up exports with a...

Published:Wednesday | October 10, 2018 | 12:00 AMNeville Graham/ Business Reporter

Situating his business at Dunoon Road near to some of the toughest neighbourhoods in east Kingston is but one of the many decisions that entrepreneur Kevin Frith has taken "against the grain".Since prematurely leaving Dunoon Technical High School in...

Published:Wednesday | October 10, 2018 | 12:00 AM

The International Monetary Fund (IMF) is downgrading its outlook for the world economy, citing rising interest rates and growing tensions over trade.The IMF said Monday that the global economy will grow 3.7 per cent this year, the same as in 2017,...

Published:Wednesday | October 10, 2018 | 12:00 AM

Beverage maker and distributor Wisynco Group Limited will build its own energy plant at its complex in St Catherine, to be run on liquefied natural gas or LNG.Wisynco Chairman William Mahfood said it would be a 2 megawatt plant that would take eight...

Published:Wednesday | October 10, 2018 | 12:00 AMNeville Graham/ Business Reporter

Sterling Investments Limited's shareholders voted overwhelmingly to approve an increase in the company's share capital, a rights issue and a five-for-one stock split at an extraordinary general meeting on Monday.In excess of 90 per cent of the votes...

Published:Wednesday | October 10, 2018 | 12:00 AM

Real estate and investment conglomerate PanJam Investment Limited has acquired a 25 per cent stake in Williams Offices (Caribbean) Limited, which operates the Regus franchise in the Caribbean.PanJam remained in negotiations for months in an attempt...

Published:Wednesday | October 10, 2018 | 12:00 AM

Just a day after a United Nations panel called for urgent action on climate change, the Nobel Prize in economics was awarded Monday to one American researcher for his work on the economics of a warming planet, and to another whose study of...

Published:Wednesday | October 10, 2018 | 12:00 AM

A second Scottish golf resort owned by American President Donald Trump posted losses last year as his company faced an anti-Trump backlash, roadblocks to expansion plans and a dip in the local economy.A report from the United Kingdom's Companies...

Published:Wednesday | October 10, 2018 | 12:00 AM

Angus is heavyset, weighing in at nearly 1,000 pounds, and a bit slow. But he's strong enough to hoist 800-pound pallets of maturing vegetables and can move them from place to place on his own.Brandon Alexander would like to introduce you to Angus,...

Published:Wednesday | October 10, 2018 | 12:00 AMMcPherse Thompson/ Assistant Editor - Business

Consumer confidence in the third quarter of 2018 was recorded at 172.6 points, up from 159.1 in the second quarter, the highest level since the survey began in 2001 and was largely attributed to their views of current and future job prospects....

Published:Wednesday | October 10, 2018 | 12:00 AM

American Airlines is telling employees to think twice before rebooking stranded customers on rival airlines, and regular economy-class passengers are the most likely to suffer when there are long delays or cancelled flights.A new policy at American...

Published:Wednesday | October 10, 2018 | 12:00 AM

Conley Salmon, the head of the country operations for Jamaica Broilers Group Limited, has retired from the company after 35 years in different capacities.The poultry company said he was instrumental in...

Published:Tuesday | October 9, 2018 | 11:02 PM

QUESTION: I write to you today because I think my degree is blocking me from attaining the jobs that I want. I have a degree in communication with four years of work experience as an administrative assistant/secretary. When I apply for those jobs I...

Published:Tuesday | October 9, 2018 | 12:00 AM

Facebook is launching the first electronic device to bear its brand, a screen and camera-equipped gadget intended to make video calls easier and more intuitive.But it's unclear if people will open their homes to an Internet-connected camera sold by...

Published:Sunday | October 7, 2018 | 12:00 AM

I am in the same boat as the reader whose question you responded to in your column of September 30, 2018, minus the wedding and job aspects. I went into bad debt due to assisting family, which didn't end well, putting me in this situation. I am 30...

Published:Sunday | October 7, 2018 | 12:00 AMSteven Jackson

Eight stocks have made triple-digit returns since January on the Jamaica Stock Exchange.And it's not over yet. Analysts are predicting that Jamaica's near four-year bull-run will continue into next year in the context of declining interest rates and...

Published:Sunday | October 7, 2018 | 12:00 AMMcPherse Thompson

The capital markets unit of Sagicor Investments Jamaica Limited has raised and disbursed more than $1 billion in a bond offering it began in the third quarter of this year, the proceeds of which will be available to businesses for working capital,...

Published:Sunday | October 7, 2018 | 12:00 AMSteven Jackson

The largest but indirect shareholder in Carreras Limited will merge with another entity in the Netherlands, but the cigarette trader says it will not result in an offer to minority owners of the stock in Jamaica.Carreras is directly owned by...

Published:Sunday | October 7, 2018 | 12:00 AM

For just under 40 years, Caribbean Central American Action (CCAA) has worked in Washington with the region to promote private sector-led growth, successfully finding ways to help Caribbean governments and business leaders engage with and influence the...

Published:Sunday | October 7, 2018 | 12:00 AM

Michael Nicholson is a lecturer in business administration. He works at the University of Technology Jamaica.He penned an article in last Thursday's Jamaica Observer: 'When the traffic law is a member of the horse family'. Wasn't he aware that the...

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