Tue | Sep 25, 2018

Business

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

QUESTION: Do motor insurers penalise policyholders who are caught lying? My car was rear-ended at the gate of my son's school. The other driver blamed me. She said that I reversed into her car. The police were summoned. They concluded that I was not...

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

QUESTION: I would like to know how I can become a contributor to the the National Housing Trust (NHT) to get financing for owning my own home I am currently self-employed. My husband resides overseas, and he makes more than $20,000 a week. We would...

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

The word 'cakeism' has yet to appear in the Oxford English Dictionary.Used recently by several British publications, it is intended to express the view of some in Britain that the United Kingdom can have everything it wants in relation to leaving...

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

Embattled British Prime Minister Theresa May found little sympathy Friday from the European Union's 27 other nations in her quest for more flexibility in Brexit talks, as the time to negotiate an amicable divorce between Britain and the EU dwindles down...

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

The US Commerce Department sought feedback on President Donald Trump's plans to consider taxing auto imports. It got an earful at an all-day hearing Thursday.Critics lined up to urge the administration to reject auto tariffs. They argued that the...

Published:Friday | July 20, 2018 | 12:00 AM

The Jamaica Stock Exchange has got to yes on a long-standing lobby by small stockholders to reinstall the 'all or none' trading rule that will allow investors to pay one fee for stock orders that...

Published:Friday | July 20, 2018 | 12:00 AM

Lasco Financial Services Limited made record profit after tax of over $100 million for the first quarter ending June, while also announcing that it ceased its partnership with Courts in Barbados to...

Published:Friday | July 20, 2018 | 12:00 AM

The two things that stand out most about Spirit Airlines are its low fares and high number of complaints.Spirit has improved on-time performance and cut its complaint rate by more than half in the...

Published:Friday | July 20, 2018 | 12:00 AM

The appeal court on Monday denied a request to block the sale of Morgan's Harbour, freeing receiver Wilfred Baghaloo to conclude a deal...

Published:Friday | July 20, 2018 | 12:00 AM

Food and financial services conglomerate GraceKennedy Limited has cut 70 employees from its payroll under a phased restructuring of the group that was first disclosed in May.Saying that it was...

Published:Friday | July 20, 2018 | 12:00 AM

The LNG gas station to be developed by New Energy Fortress will have the capacity to fuel 25 buses daily, or five times the number of buses designated for the pilot programme to be conducted with the Jamaica...

Published:Friday | July 20, 2018 | 12:00 AM

Jamaica exploring diaspora bondto finance disaster recoveryThe World Bank recommended in a new report released this week that the Jamaican Government explore the diaspora and catastrophe bond markets as a disaster risk financing strategy.But it also...

Published:Friday | July 20, 2018 | 12:00 AM

One of Jamaica's premier business groups is pushing for a change in the Labour Relations Code, saying it lacks detail andoffers insufficient guidanceto companies on resolving workplace disputes....

Published:Friday | July 20, 2018 | 12:00 AM

Aviation is soaring. Passenger traffic is up, fuel prices are under control and rising demand from Asia is driving aircraft orders.So what could possibly go wrong? One big thing: A trade war.Aircraft makers at...

Published:Friday | July 20, 2018 | 12:00 AM

Cash and jewellery seized from Jamaican Lavrick Willocks, accused of masterminding a large lottery scam in the United States, will be liquidated and the proceeds doled out to victims under a federal judge's...

Published:Friday | July 20, 2018 | 12:00 AM

In a battle among media giants for control of Twenty-First Century Fox's entertainment business, Comcast has blinked.The cable and media company said on Thursday that it is dropping its bid,...

Published:Friday | July 20, 2018 | 12:00 AM

Russians are protesting government plans to hike the retirement age in a rare challenge to President Vladimir Putin's leadership.The State Duma on Thursday approved a bill that would raise...

Published:Friday | July 20, 2018 | 12:00 AM

The British pound fell Thursday below US$1.30 for the first time in 10 months after disappointing retail sales news raised further questions over whether the Bank of England will raise interest rates next...

Published:Friday | July 20, 2018 | 12:00 AM

Japan's trade surplus jumped 66 per cent year-on-year in June on strong growth in shipments to China and other Asian countries, though exports and imports with the United States weakened.Preliminary...

Published:Friday | July 20, 2018 | 12:00 AM

The Port Authority of Jamaica, PAJ, has upended its financing strategy and is now paying for more of its big-ticket projects out of pocket, a change of financing strategy that turns the page on...

Published:Friday | July 20, 2018 | 12:00 AM

A Canadian company is the first marijuana business to complete an initial public offering (IPO) on a major United States stock exchange, raising US$153 million to expand its operations as Canada prepares...

Published:Thursday | July 19, 2018 | 6:20 PMSteven Jackson

  Cornerstone Investments Holdings Limited released its offer circular for a majority stake in Barita Investments Limited in a deal worth just over $3 billion at $9.20 per share. The offer at a 20-cent premium on Barita’s last...

Published:Thursday | July 19, 2018 | 6:18 PM

  Scotia Group Jamaica CEO David Noel has been elected president of the Jamaica Bankers Association. He succeeds Nigel Holness, the managing director of FirstCaribbean Jamaica. Other JBA executives elected at the group’s annual general...

Published:Thursday | July 19, 2018 | 12:00 AM

Puerto Rico's governor named a new CEO on Wednesday to lead the US territory's power company, which has now seen three top executives in two weeks as it struggles with a lack of leadership, bankruptcy and the restoration of electricity to hundreds...

Published:Wednesday | July 18, 2018 | 12:09 AM

A former official at a state-run electric company in Caracas, Venezuela, pleaded guilty on Monday to money laundering conspiracy relating to an alleged multibillion-dollar graft scheme in the Venezuelan oil industry.Luis Carlos de Leon-Perez, a 42-...

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