Mon | Dec 11, 2017

Business

Published:Sunday | December 3, 2017 | 12:00 AM

The Chinese government on Friday criticised US opposition to granting Beijing market economy status in the World Trade Organization (WTO) as reminiscent of the Cold War.A US document released Thursday in Geneva supports the European Union in...

Published:Sunday | December 3, 2017 | 12:00 AM

What impact will the 2017 Atlantic hurricane season have on the cost of property insurance in Jamaica and the rest of the Caribbean in 2018? The season officially ended on November 30. Also, many companies and organisations have already began...

Published:Friday | December 1, 2017 | 4:02 PMNeville Graham

Published:Friday | December 1, 2017 | 12:00 AMNeville Graham

The $1.2 billion raised from a new five-year bond issued by manu-facturing conglomerate Seprod Limited will replace more expensive debt on the company's balance sheet.The variable...

Published:Friday | December 1, 2017 | 12:00 AMAvia Collinder

Group CEO Don Wehby says GraceKennedy Limited is on track to complete its new headquarters in 2018, despite minor delays in the construction process.Wehby said some of...

Published:Friday | December 1, 2017 | 12:00 AM

Wisynco Group Limited plans to offer 20 per cent of the company to investors in an initial public offering that is structured to raise $6.1 billion in total as financing for expansion of its manufacturing capacity and...

Published:Friday | December 1, 2017 | 12:00 AMAvia Collinder

The Jamaican Government has had little success in divesting the assets held by the Cocoa Industry Board (CIB), but is...

Published:Friday | December 1, 2017 | 12:00 AMMcPherse Thompson

The Malta-registered bulk carrier Trading Fabrizia, which was detained in Jamaican waters just over a year ago and is still sitting in the Kingston...

Published:Friday | December 1, 2017 | 12:00 AMSteven Jackson

​Caribbean Flavours & Fragrances (CFF) Limited, which makes flavours for food companies, aims to grow revenues nearly threefold in the medium term from its current base of $400 million...

Published:Friday | December 1, 2017 | 12:00 AM

Petroleum Corporation of Jamaica (PCJ) says it is currently reviewing the proposal for United Oil...

Published:Friday | December 1, 2017 | 12:00 AM

Chile is considered to be a bulwark of political stability. Two powerful coalitions have traditionally defined the political spectrum, with the Concertacion on the left and UDI/RN on the right.The Concertacion was an...

Published:Friday | December 1, 2017 | 12:00 AM

From her small home near two golf courses and three slums, Gianina Rojas gazes up at a crumbling adobe pyramid, remnants of the vast Inca empire that flourished more than six centuries ago.Like...

Published:Friday | December 1, 2017 | 12:00 AM

The buoyant economic recovery across the 19-country Eurozone has pushed unemployment down to its lowest level in nearly nine years, but has yet to translate to a sustained pickup in wages and...

Published:Friday | December 1, 2017 | 12:00 AM

At least two big Uber stakeholders have agreed to sell part of their private shares to a group led by Japanese technology conglomerate SoftBank in a deal that lets investors cash out at a...

Published:Friday | December 1, 2017 | 12:00 AM

A scheduling glitch has left American Airlines scrambling to find pilots to operate thousands of flights over the busy Christmas holiday period.A spokesman for the airline said Wednesday that...

Published:Friday | December 1, 2017 | 12:00 AMSteven Jackson

The Bureau of Standards Jamaica, BSJ, and energy interests are now testing gas from shipping vessels that end up for sale at the pump in an attempt to avoid a recurrence...

Published:Friday | December 1, 2017 | 12:00 AM

The OPEC cartel and a group of allied oil-producing nations agreed Thursday to extend crude output cuts until the end of next year, continuing a policy that led to a significant rise in the price of...

Published:Thursday | November 30, 2017 | 8:04 PM

Published:Thursday | November 30, 2017 | 12:00 AM

The price of bitcoin surged through $10,000 on Wednesday, adding to its tenfold jump in value this year and fuelling a debate as to whether the virtual currency is gaining mainstream acceptance or is merely a bubble waiting to burst.The cost of...

Published:Wednesday | November 29, 2017 | 12:00 AMAvia Collinder

Brawta Living, a discount and marketing web platform operated by WVM Brawta Living Limited, says it has saved shoppers as much as $40 million from 8,000 coupons sold since its start-up in mid-2016. The company, which is going up against the likes of...

Published:Wednesday | November 29, 2017 | 12:00 AMMcPherse Thompson

Jamaica's foreign exchange system has entered into a new paradigm of flexibility, where the value of the Jamaican currency is likely to move in either direction based on market conditions, according to Brian Wynter, governor of the Bank of Jamaica,...

Published:Wednesday | November 29, 2017 | 12:00 AMAvia Collinder

Sagicor Real Estate X Fund Limited and its parent company are weighing whether to proceed with plans for a 800-room hotel at Rose Hall in Montego Bay that would have been one of the largest projects undertaken by a local company. Although the...

Published:Wednesday | November 29, 2017 | 12:00 AM

United Oil & Gas will partner with Tullow Oil to search for oil off the coast of Jamaica. United announced the agreement on Monday to "farm-in" the Walton-Morant exploration licence, saying it would take a 20 per cent equity stake in the project. Both companies are based in the United Kingdom...

Published:Wednesday | November 29, 2017 | 12:00 AM

President and CEO of ICD Group Limited Peter Melhado said Monday that deal site Gustazos.com, which launched in mid-2015 in partnership with Social Media Group LLC, is now in five markets, including the Spanish Canary Islands.Melhado, in an update...

Published:Wednesday | November 29, 2017 | 12:00 AM

Jamaica Co-operative Credit Union League, JCCUL, has discontinued its mobile wallet, Conec, to free up resources for deployment to more needy areas of operation, according to outgoing boss Glenworth Francis.JCCUL operated Conec through JaMobile...

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