Tue | Feb 20, 2018

Business

Published:Friday | February 9, 2018 | 12:00 AM

With the global economy growing strongly, the Bank of England has become more confident about Britain's prospects and indicated it could raise interest rates in coming months - even in the...

Published:Friday | February 9, 2018 | 12:00 AM

Greece has launched a seven-year bond auction in the first major step this year towards a return to financing itself on international markets.State finance officials said the auction was...

Published:Friday | February 9, 2018 | 12:00 AM

Dutch lender Rabobank's California unit agreed Wednesday to pay US$369 million to settle allegations that it lied to regulators investigating allegations of laundering money from Mexican drug sales and...

Published:Thursday | February 8, 2018 | 4:12 PM

The operations of Caricel, Jamaica’s LTE broadband network, has been acquired by South Africa’s Involution Limited under a sale agreement negotiated last October. “Our choice of this progressive and innovative South African...

Published:Thursday | February 8, 2018 | 2:25 PM

Phoenix Tower International (PTI), via its subsidiary Phoenix Tower FWI, has closed its transaction to acquire the ownership or management rights to 215 wireless communication tower sites from Digicel Antilles. A release from Digicel said the...

Published:Thursday | February 8, 2018 | 2:11 PMNeville Graham

Shareholders of distribution and retail conglomerate Derrimon Trading will be asked to consider increasing the authorised share capital of the company at a March 6, 2018  extraordinary general meeting.   Derrimon is listed on the...

Published:Thursday | February 8, 2018 | 12:33 PMMcPherse Thompson

There will be no disruption to the trade arrangements between Jamaica and other members of CARIFORUM as a result of the impending separation of Britain from the European Union, High Commissioner to Jamaica Asif Ahmad has assured. But Ahmad said his...

Published:Thursday | February 8, 2018 | 12:00 AM

Fuel thieves in Mexico drilled 10,363 illegal taps into state-owned pipelines in 2017, or an average of about 28 illegal taps every day.The government-owned oil company Pemex reported Wednesday that illegal taps rose by about 50 per cent, compared...

Published:Wednesday | February 7, 2018 | 12:00 AMNeville Graham/ Business Reporter

Food importer and distributor Everything Fresh Limited plans to approach the stock market for equity capital to expand, saying a vibrant tourism market has driven up demand for its products.The company plans to invest in warehousing and storage as...

Published:Wednesday | February 7, 2018 | 12:00 AM

Yoni Epstein, CEO of itelbpo smart solutions, said Monday that the acquisition of American company Granada Corporation will immediately boost his business by nearly a third.The deal for 100 per cent ownership is itelbpo's first direct foreign...

Published:Wednesday | February 7, 2018 | 12:00 AMAvia Collinder/ Business Reporter

A buyer has been found for Morgan's Harbour Hotel, capping a two-year search, according to the appointed receiver, Wilfred Baghaloo.But Baghaloo also told the Financial Gleaner on Tuesday that the disposal of the property would have to await the...

Published:Wednesday | February 7, 2018 | 12:00 AM

The 2015 amendment of the Income Tax Act builds on the transfer pricing provisions that have existed in our legislation since 1970.This amendment adds the 'arm's length' principle, which requires companies that engage in transactions with connected...

Published:Wednesday | February 7, 2018 | 12:00 AM

The United States trade deficit hit the highest level in nine years in 2017, defying President Donald Trump's efforts to bring more balance to America's trade relationships.The US Commerce Department said Tuesday that the trade gap in goods and...

Published:Wednesday | February 7, 2018 | 12:00 AM

European Central Bank, ECB, head Mario Draghi said Monday that it's too soon to declare victory over weak inflation indicating it would be premature to set a definite end date for the bank's money-printing stimulus despite a strengthening economy....

Published:Wednesday | February 7, 2018 | 12:00 AM

Broadcom boosted its bid for Qualcomm to more than US$121 billion in cash and stock Monday in what would be the largest tech deal in history.Broadcom Ltd said that its "best and final offer" of US$82 per Qualcomm share includes US$60 in cash and the...

Published:Wednesday | February 7, 2018 | 12:00 AM

Samsung heir Lee Jae-yong was freed Monday after a South Korean appeals court gave him a two-and-a half-year suspended jail sentence for corruption in connection with a scandal that toppled the country's president.The Seoul High Court softened the...

Published:Wednesday | February 7, 2018 | 12:00 AM

NCB Financial Group, led by Patrick Hylton, has extended its offer for Guardian Holdings shares by another three weeks, but says the offer is already oversubscribed.The transaction still requires approval from the Central Bank of Trinidad...

Published:Tuesday | February 6, 2018 | 12:00 AM

Economists at the European Central Bank (ECB) say that the United States' corporate tax cut should lift the world's largest economy in the short term, but warn it could erode the tax base in European countries by intensifying global competition for...

Published:Monday | February 5, 2018 | 7:21 PMAP

  The long, smooth, record-setting ride on Wall Street is over. The stock market pullback that experts had been saying was long overdue has finally come. Investor fears about higher interest rates escalated into rapid, computer-generated...

Published:Sunday | February 4, 2018 | 12:00 AMMcPherse Thompson

The Supreme Court has granted summary judgment to Medical Associates Limited in a claim brought by its management company to recover more than 400,000 shares that were tended to secure a loan to finance further developments at the Medical Associates...

Published:Sunday | February 4, 2018 | 12:00 AM

Mandeville Private Client Incorporated, based in Canada, will offer services that will allow its clients to buy stocks listed on the Jamaica Stock Exchange (JSE).Investments on the JSE are typically not available for direct purchase by Canadian...

Published:Sunday | February 4, 2018 | 12:00 AM

QUESTION: I am having a problem that almost all entrepreneurs seem to be having, and it is preventing my business and many others from staying afloat these days. The problem is the poor quality of job workers and bad ethics and skill on the job....

Published:Sunday | February 4, 2018 | 12:00 AM

QUESTION: About three months ago, I was driving along Constant Spring Road towards Mary Brown's Corner in Kingston. It was at about 6:30 p.m. A front-end loader was travelling behind. Suddenly, a pedestrian ran across the road, forcing me to stop....

Published:Sunday | February 4, 2018 | 12:00 AM

QUESTION: I live in America in Columbus, Ohio, and I am interested in investing on the Jamaica Stock Exchange. Where do I get started? JourdinFINANCIAL ADVISER: You first need to make contact with a stockbroker. Thereafter, you may trade by giving...

Published:Sunday | February 4, 2018 | 12:00 AM

Making movies is big business. The amounts spent on a production can be substantial, running into hundreds of millions of dollars. For the Caribbean, attracting film-makers from overseas not only has the benefit of bringing much-needed revenue and...

Pages

Subscribe to Business