Tue | Jan 22, 2019

Business

Published:Friday | December 7, 2018 | 12:00 AM

French President Emmanuel Macron has vowed to cut taxes and boost France's growth. A year and a half after he came into power, he is facing violent protests over rising taxes, a high cost of living...

Published:Friday | December 7, 2018 | 12:00 AM

Cuba's government has modified a series of measures unpopular with the country's private sector, including lifting restrictions on the number of business permits a person can have and the...

Published:Friday | December 7, 2018 | 12:00 AM

Banking conglomerate Scotia Group Jamaica Limited recorded a soft fourth quarter, but still closed the year with marginally higher profit of $12.8 billion.Those results were just 2.6 per cent better...

Published:Thursday | December 6, 2018 | 12:00 AM

Brazil warned Wednesday against freezing developing nations out of negotiations at the UN climate summit, suggesting this could lead to an acrimonious collapse in talks as seen in Copenhagen nine years ago. Accusations of back-room deals aren't...

Published:Wednesday | December 5, 2018 | 12:03 AM

AP: Curiosity from one the world's largest tobacco companies about the marijuana business sent shares of a Canadian cannabis company five per cent higher in early trading Tuesday.Cronos Group confirmed talks late Monday with Marlboro maker Altria about...

Published:Wednesday | December 5, 2018 | 12:00 AMAvia Collinder/ Business Reporter

The latest numbers, at first blush, appear to reflect a substantial fall-off in cruise passenger arrival numbers in the July to September quarter, but the Planning Institute of Jamaica (PIOJ) says they should really be read as a normalisation of the...

Published:Wednesday | December 5, 2018 | 12:00 AMSteven Jackson/ Senior Business Reporter

Coffee processor Salada Foods Jamaica Limited has hit its sought-after prize of $1 billion in annual revenue, a mandate given to General Manager Dianna Blake-Bennett, who assumed leadership of the company two years ago.Blake not only grew annual...

Published:Wednesday | December 5, 2018 | 12:00 AM

Argentina's president is celebrating the successful hosting of the Group of 20 summit, but he said Monday that he is ready for tough times ahead as his country confronts its economic crisis.President Mauricio Macri told The Associated Press in an...

Published:Wednesday | December 5, 2018 | 12:00 AM

The Trump administration is celebrating the 90-day truce it reached in its trade war with China as a significant breakthrough despite scant details, a hazy timetable and widespread scepticism that Beijing will yield to the United States demands...

Published:Wednesday | December 5, 2018 | 12:00 AMSteven Jackson/Senior Business Reporter

Aphria Inc, a cannabis company based in Canada, is defending its purchase of regional assets, including operations in Jamaica, following claims by outside investors that the assets are largely hollow.The Jamaican operation, known as Marigold, is led...

Published:Wednesday | December 5, 2018 | 12:00 AM

Iranian President Hassan Rouhani on Tuesday repeated his threat to close the Strait of Hormuz, the passageway for nearly a third of all oil traded by sea, if the United States shuts off Iran's oil exports.State TV quoted Rouhani as saying that "if...

Published:Wednesday | December 5, 2018 | 12:00 AM

A rally in oil prices after a two-month slide indicates traders are betting that the Organisation of Petroleum Exporting Companies (OPEC) and its allies, including Russia, will agree to produce less crude.Representatives of oil-producing nations...

Published:Wednesday | December 5, 2018 | 12:00 AM

Jamaican gaming and lottery company Supreme Ventures Limited (SVL) has kicked off a phased roll-out of operations in Guyana.The new subsidiary Supreme Ventures Guyana Holdings Inc will begin the implementation of...

Published:Wednesday | December 5, 2018 | 12:00 AM

EquityLine Mortgage Investments Corporation, a Canadian mortgage company that finances projects traditionally ignored by mortgagors, will seek to raise US$10 million in a preference share offer that opens in Kingston on December 10.The start-up company...

Published:Tuesday | December 4, 2018 | 12:00 AM

British High Commissioner to Jamaica, Asif Ahmad says he is making steady progress with the trade- promotion initiatives he proposed last November that are aimed at changing the commercial profile between Jamaica and the United Kingdom."If...

Published:Monday | December 3, 2018 | 6:45 PMAP

  Buy more United States exports? Done. Tinker with technology tactics that irk Washington and other trading partners? Maybe. But scrap those plans, seen by Beijing as a path to prosperity and influence? Probably never. The agreement by...

Published:Sunday | December 2, 2018 | 12:17 AM

AP:  The Vatican has made more progress in its path to greater financial transparency by securing approval to join the European banking system that harmonises electronic payments across the continent. With the endorsement of the European...

Published:Sunday | December 2, 2018 | 12:00 AMAvia Collinder

David Noel, who heads Scotiabank's Jamaican operations and has oversight of the international bank's Caribbean North and Central region, says the current move to jettison nine regional markets is unlikely to be replicated elsewhere in the region....

Published:Sunday | December 2, 2018 | 12:00 AM

The headline of my November 11 article, 'Lifting the veil on life-and-death claims decisions' was inaccurate. Part of the veil remains.The mistake was solely mine. Even though I had a specimen copy of the insurer's critical-illness insurance policy...

Published:Sunday | December 2, 2018 | 12:00 AM

Do you normally spend January rueing the spending decisions you made in December? Let us see how you can make January 2019 different.We are fast moving into the season when many are jolly and spend heavily to make it so, then spend the months after...

Published:Sunday | December 2, 2018 | 12:00 AM

There is a certain false comfort that comes from believing that your organisation's profitability will always occur in the same way, year after year, that is, until the magic stops.When a disruption takes place, you must face the facts: your...

Published:Sunday | December 2, 2018 | 12:00 AM

Over the next two weeks, ministers, officials, non-governmental organisations, corporate lobbyists, and protesters from around the world will assemble in Katowice, Poland.There, whether inside or outside the conference halls, they will participate...

Published:Sunday | December 2, 2018 | 12:00 AMHuntley Medley

It appears after all, that all was not lost at Spring Plains - the ill-fated winter vegetables project of the 1980s - and Isratech Jamaica Limited has lived to tell the tale 33 years later, of the durability of the Israeli technology, which drove...

Published:Friday | November 30, 2018 | 12:06 AM

There has been some debate about competition in the Jamaican banking sector. A good start is to look at profitability. Persistently high returns are one indicator of insufficient competition and abuse of market...

Published:Friday | November 30, 2018 | 12:00 AM

Scotiabank Canada announced an agreement Tuesday to sell its banking operations in nine markets in the Caribbean to Republic Financial Holdings Limited of...

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