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Business

Published:Thursday | August 5, 2010 | 12:00 AM

A resident magistrate has sent a strong message that praedial larceny will not be tolerated by sentencing a man to 18 months' imprisonment for reaping almost the entire yam crop of a Trelawny farmer. Radcliffe Plummer...

Published:Wednesday | August 4, 2010 | 12:00 AM

United States (US) factory orders fell in June for the second straight month due to lower demand for steel, construction machinery and aircraft.The Commerce Department said Tuesday that factory orders dropped by 1.2 per cent to a seasonally adjusted...

Published:Wednesday | August 4, 2010 | 12:00 AM

BP Plc says it has agreed to sell its oil and gas exploration business in Colombia for US$1.9 billion to a consortium of Ecopetrol, Colombia's national oil company, and Talisman of Canada.The deal announced Tuesday is the latest in BP's plans to sell up...

Published:Wednesday | August 4, 2010 | 12:00 AM

Getting on the career fast track sounds like a great thing, doesn't it? It is, especially if you are on track to a career destination you're excited about....

Published:Wednesday | August 4, 2010 | 12:00 AM

The Mercosur trade bloc has reached a deal on a common customs code that should speed up and reduce the cost of commerce across South America. Argentine President Cristina Fernandez says she and six other presidents approved the regulations....

Published:Wednesday | August 4, 2010 | 12:00 AM

LIME Caribbean has added a new position to its corporate line up that is meant to leverage innovative thinking into new product development and sales, a job that has gone...

Published:Wednesday | August 4, 2010 | 12:00 AM

Effective August 4, the interest rate payable on Bank of Jamaica 30-day Certificates of Deposit will be reduced by 50 basis points to 8.5 per cent, the central bank announced Tuesday, a day after Prime Minister Bruce Golding said more rate cuts would...

Published:Wednesday | August 4, 2010 | 12:00 AM

The Trinidad and Tobago government said it will seek to "arrest the decline in oil and gas reserves" as the country extended the date for receiving bids for drilling in shallow waters....

Published:Wednesday | August 4, 2010 | 12:00 AM

Cuba says its budget deficit came in far below forecasts in the first half of 2010, evidence that tax increases and deep-spending cuts on food imports may be helping the communist government weather a severe economic crunch....

Published:Wednesday | August 4, 2010 | 12:00 AM

Lascelles deMercado and Company kept its cost of doing business flat in the third quarter, but falling sales, lower investment income, and rising administrative costs tore dramatically into profits...

Published:Wednesday | August 4, 2010 | 12:00 AM

Conglomerate GraceKennedy Limited reflected weak financial results in the second quarter to June, with net profit sliding 32.59 per cent to J$540 million, even as loss-making subsidiary...

Published:Wednesday | August 4, 2010 | 12:00 AM

Three companies to go public Price under consideration: J$2 to J$3.50Lasco has reshaped its operation ahead of going public, a plan, it now emerges, that has seen a group of eight affiliated limited liability companies being restructured down to four...

Published:Wednesday | August 4, 2010 | 12:00 AM

Historical landmark, Devon House, the Govern-ment-owned mansion, built by Jamaica's first black millionaire, George Stiebel, in 1881, is to be weaned from the State Treasury and become fully self-financing as of the 2011-12 fiscal year.

Published:Wednesday | August 4, 2010 | 12:00 AM

J. Wray & Nephew Limited has issued the following statement in response to an article titled "Tax, Tonic Wines challenge Red Stripe Sales", published in Wednesday Business on July 21, 2010.

Published:Wednesday | August 4, 2010 | 12:00 AM

Procter & Gamble Company's fourth-quarter net income fell 12 per cent, while sales rose as the maker of Tide and Pampers stepped up marketing and new product development.

Published:Wednesday | August 4, 2010 | 12:00 AM

Oil prices rose above US$82 a barrel Tuesday, making for a rare day where energy markets are running opposite to the stock market.

Published:Wednesday | August 4, 2010 | 12:00 AM

Debt-ridden Mexicana de Aviacion, Mexico's largest air carrier, has filed for bankruptcy protection after failing to reach a new labour agreement with pilots and flight attendants.

Published:Tuesday | August 3, 2010 | 12:00 AM

St Andrew businessman, 39-year-old Steven Grant, has lost his appeal against his conviction and sentence of life imprisonment for the murder of 17-year-old Dunoon Technical High School student Kymani Bailey. He is to serve 17...

Published:Tuesday | August 3, 2010 | 12:00 AM

The Jamaica Broilers Group of Companies is laying the groundwork to expand its operation into neighbouring Haiti. This is, however, not likely to happen before early next year, pending the outcome of presidential elections, which are constitutionally due in November. ...

Published:Tuesday | August 3, 2010 | 12:00 AM

The Caribbean Shipping Association (CSA) has confirmed several speakers for its 2010 annual general meeting, conference and exhibition to be held in Jamaica, October 11-13. Among them is chief economist, Dr Walter Kemmsies, PhD....

Published:Monday | August 2, 2010 | 12:00 AM

SOME OF the multilateral trade agreements which Jamaica is a part of need to be re-examined because they are "very biased" to outside producers and are not in the best interest of local farmers, Senator Norman Grant has charged.

Published:Sunday | August 1, 2010 | 12:00 AM

Securities dealers have picked Anya Schnoor once again to be their chief spokeswoman on issues affecting the investment sector with policymakers and regulators.

Published:Sunday | August 1, 2010 | 12:00 AM

Guyana has pledged to spend US$30 million in the next three years to buy 90,000 laptops and resell them at a discount to the poor.

Published:Sunday | August 1, 2010 | 12:00 AM

Likeseveralother property developments, plans for 30 new luxury villas by Half Moon Resort in St James have been put on hold.

Published:Sunday | August 1, 2010 | 12:00 AM

Agro-Investment Corporation (AIC) has approved 34 projects for funding at a cost of J$126.22 million, sticking closely with its mandate of agriculture business facilitation.

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