Thu | Jul 19, 2018

Business

Published:Wednesday | July 4, 2018 | 12:00 AMSteven Jackson/ Senior Business Reporter

Tech firms Ctrl-IT and Hacker Hostel merged their operations in June, positioning the companies to go after business in Caribbean markets."Ctrl-IT had a problem of getting into other markets in order to meet our ambitious revenue target, while we at...

Published:Wednesday | July 4, 2018 | 12:00 AMNeville Graham/ Business Reporter

Battery distributor Tropical Battery is returning to core business and broadening its involvement at that level, backed by capital from Portland Caribbean Fund II.Consequently, the 68-year-old company is backing away from forays into tyres and...

Published:Wednesday | July 4, 2018 | 12:00 AMSteven Jackson/ Senior Business Reporter

Ratings agency Moody's Investors Service changed its long-term outlook on regional telecoms Digicel Group to negative, arguing that the planned sale of cell towers to reduce debt needs more disclosure.It is rare for Moody's to issue such a change of...

Published:Wednesday | July 4, 2018 | 12:00 AM

Tesco and Carrefour, two of Europe's biggest super-market chains, are teaming up to wring better deals out of suppliers as traditional retailers battle increased competition from internet traders.The two companies on Monday announced plans to form a...

Published:Wednesday | July 4, 2018 | 12:00 AM

Shares in commodities giant Glencore plunged Tuesday after the company was ordered to hand over documents to the United States Department of Justice for a check on its compliance with corruption and money-laundering rules.The company, which is based...

Published:Wednesday | July 4, 2018 | 12:00 AM

Go ahead and have that cup of coffee, maybe even several more. New research shows it may boost chances for a longer life, even for those who down at least eight cups daily.In a study of nearly half-a-million British adults, coffee drinkers had a...

Published:Wednesday | July 4, 2018 | 12:00 AM

A major British business group warned Tuesday that companies need answers over The United Kingdom's post-Brexit relations with the European Union, as UK Prime Minister Theresa May tried to unite her feuding government around a common vision for...

Published:Wednesday | July 4, 2018 | 12:00 AM

The US Virgin Islands announced Monday that it reached a US$1.4 billion deal to reopen one of the world's largest oil refineries in a move expected to boost the United States territory's economy.Governor Kenneth Mapp said private equity firm...

Published:Wednesday | July 4, 2018 | 12:00 AMSteven Jackson/Senior Business Reporter

The revived Stanley Motta Limited, developer of the 58 HWT technology park in Kingston, had no substantial income before last year when it reported rental income of $72 million.The company, however, reported a large profit of $853 million, nearly...

Published:Tuesday | July 3, 2018 | 12:29 PMAP

  Iran issued a new warning over Mideast oil supplies as the United Arab Emirates said on Tuesday it could increase its own production, the latest remarks to follow Donald Trump's demand for lower global energy prices. The comments by...

Published:Tuesday | July 3, 2018 | 12:00 AM

The European Union (EU) on Monday slammed the Trump administration for considering tariffs on auto imports, saying they could lead to global retaliation against some US$300 billion in United States goods amid signs of a brewing trade war.European...

Published:Sunday | July 1, 2018 | 12:00 AMAvia Collinder

Mortgage provider National Housing Trust (NHT) has added a mobile component to its outreach, which sees the state agency travelling to communities to assist residents with loan applications for the housing and benefits it provides.The 'mobile unit'...

Published:Sunday | July 1, 2018 | 12:00 AM

QUESTION: How can I go about getting redress from an organisation that has failed to promote me for 18 years? have never been called to a meeting to discuss my shortcomings or given any advice on my worth, work, and conduct even though I have asked...

Published:Sunday | July 1, 2018 | 12:00 AM

QUESTION: On January 5, 2016, I was driving in Montego Bay along Leader Avenue from the Cornwall College end. I stopped at the Leader Avenue-Peace View-Mango Walk intersection. I signalled that I was planning to turn right on to Peace View Avenue. I...

Published:Sunday | July 1, 2018 | 12:00 AM

Question: I am an accountant by profession, and it is my desire to make a switch of career or do something that complements my career. My ultimate goal is to do the CFA course, but I cannot deal with this right now. I really love the idea of...

Published:Sunday | July 1, 2018 | 12:00 AM

If you are a top executive, you face a unique challenge: the weekly demands on your time regularly outstrip 168 hours.Yet, as you know, most CEOs receive little formal training in time management on their journey to the C-suite. Fortunately, new...

Published:Sunday | July 1, 2018 | 12:00 AM

In the coming days, Caricom Heads of Government will meet in Montego Bay. There, they will hold a special session on the future of the Caricom Single Market and Economy, the CSME.They will also consider the recommendations contained in the Golding...

Published:Sunday | July 1, 2018 | 12:00 AMAvia Collinder

The first annual general meeting of newly formed Jamaica Manufacturers and Exporters Association (JMEA) featured elections, which saw manufacturing leaders Metry Seaga and Richard Pandohie slide into the positions of president and deputy president,...

Published:Friday | June 29, 2018 | 5:09 PMSteven Jackson

  Stanley Motta, a subsidiary of the Musson Group and developer of the 58 HWT technology park in Kingston, plans to raise $4 billion in equity capital through an initial public offering on the main market of the...

Published:Friday | June 29, 2018 | 12:13 AM

A whale of a transport aircraft will be flying high later this summer sporting the grin of a Beluga whale.The Airbus BelugaXL, a massive transport plane, made a presentation on Thursday, its nose cone...

Published:Friday | June 29, 2018 | 12:12 AM

Securities dealer Stocks & Securities Limited will execute a reverse takeover of loss-making music publisher C2W Music through SSL Venture Capital Jamaica Limited, a nascent subsidiary used as a vehicle for investments...

Published:Friday | June 29, 2018 | 12:00 AM

Portland Caribbean Fund II, which is managed by Portland Private Equity, has acquired additional shares in Diverze Assets Inc, the holding company for Chukka and Tropical Batteries, owned by the...

Published:Friday | June 29, 2018 | 12:00 AM

Jamaica Producers Group Limited, JP Group, is investing millions to expand output at its farming operation in St Mary, while going after additional markets in the tourism and retail sectors.Hall told...

Published:Friday | June 29, 2018 | 12:00 AM

Key Insurance introduces cyber coverageKey Insurance Company Limited is now offering coverage for cyber liability tailored for companies of all sizes, in partnership with an unnamed reinsurer, for which the premium starts at US$1,500 per year.The...

Published:Friday | June 29, 2018 | 12:00 AM

After enjoying almost three years of relative stability, the Indonesian rupiah, the IDR, devalued sharply last month.The tightening of United States monetary policy, which sent the yield on the 10-year Treasury bond above...

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