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Business

Published:Wednesday | May 5, 2010 | 12:00 AM

Grenada is seeking debt relief from Libya and assistance to repay a number of loans to the Export-Import Bank of the Republic of China in Taiwan, Finance Minister Nizam Burke has announced.He said that negotiations have begun between the Tillman Thomas...

Published:Wednesday | May 5, 2010 | 12:00 AM

The Bank of Nova Scotia Jamaica Limited (BNSJ), also known as Scotiabank Jamaica, has struck a deal with sister company Scotia DBG Investments Limited to acquire the latter's merchant banking subsidiary....

Published:Wednesday | May 5, 2010 | 12:00 AM

Public utility ministers from the Organisation of Eastern Caribbean States (OECS) will meet in Grenada today, Wednesday, to discuss a report on a new price-cap plan for telecommunication services in member states.

Published:Wednesday | May 5, 2010 | 12:00 AM

Coming out of a difficult year, Capital and Credit Financial Group (CCFG) says it is now seeing glimmers of hope and expects the company's performance to be much more robust this period."Capital and Credit had its challenges during 2009 ...

Published:Wednesday | May 5, 2010 | 12:00 AM

Energy company Emera Inc has struck a deal with the parent company of Light & Power Holdings Limited (LPH) for a 38 per cent stake of the company.

Published:Wednesday | May 5, 2010 | 12:00 AM

An increasing number of small businesses are helping the Dominican government play a larger economic role in rebuilding Haiti.In the last three months, more than 100 Dominican companies have sold US$5.5 million in products, including bread and latrines,...

Published:Wednesday | May 5, 2010 | 12:00 AM

President Raul Castro has fired Cuba's transportation minister for professional mistakes and replaced the head of the Sugar Ministry after he admitted incompetence, the latest in a growing series of leadership shake-ups.A statement read...

Published:Wednesday | May 5, 2010 | 12:00 AM

Eureopean Union trans-port ministers vowed Tuesday to reform the continent's patchwork air traffic control system into a seamless European airspace and to establish binding rules to determine when volcanic ash makes it too dangerous to fly....

Published:Wednesday | May 5, 2010 | 12:00 AM

MasterCard Inc on Tuesday said its first-quarter profit jumped 24 per cent with more shoppers feeling comfortable enough about the economy and their jobs to reach for the plastic again, and as debit card use soared...

Published:Wednesday | May 5, 2010 | 12:00 AM

The need for more money is the most common reason why people say goodbye to jobs, but experts advise that using more cash as the sole incentive for moving office may sometimes end in disaster...

Published:Tuesday | May 4, 2010 | 12:00 AM

Prime Minister Bruce Golding says getting Jamaica's priorities right trumped the pride associated with having a national airline in determining the fate of Air Jamaica, whose operations were taken over on May 1 by Trinidad and Tobago-owned Caribbean...

Published:Tuesday | May 4, 2010 | 12:00 AM

United and Continental Airlines said on Monday they are forming the world's largest airline in a deal worth about US$3 billion (€2.25 billion). The new United would surpass Delta Airlines in size...

Published:Tuesday | May 4, 2010 | 12:00 AM

Avis Budget Group Inc said rival rental car company, Dollar Thrifty Automotive Group Inc is selling itself too cheaply to Hertz Global Holdings Inc., and promised Monday to top last week's buyout offer.In a letter to two top...

Published:Sunday | May 2, 2010 | 12:00 AM

The Private Sector Organisation of Jamaica (PSOJ) is not holding out much hope that its members or the government will be able to create a significant number of jobs in the near...

Published:Sunday | May 2, 2010 | 12:00 AM

Question: I insured my car comprehensively in August 2007. Since I was not living here during 2008-2009, it was not insured again until August 2009. I bought third-party coverage and paid a premium of J$31,000.

Published:Sunday | May 2, 2010 | 12:00 AM

While the top brass of Air Jamaica and representatives of Caribbean Airlines Limited (CAL) were meeting with Jamaican media on Wednesday, April 28, here in Kingston, a similar meeting was being held in Port-of-Spain to appraise their media on details of the Caribbean Airlines/Air Jamaica transition arrangements.

Published:Sunday | May 2, 2010 | 12:00 AM

US$499 for iPad: Done. But wait, you aren't done spending yet! For US$499, consumers can buy Apple's iPad, a power adapter, a cable for connecting to a computer and not much else - other than an overwhelming urge to spend at least US$200 more.

Published:Sunday | May 2, 2010 | 12:00 AM

Guardian Life Limited on Friday cut 10 senior positions, citing the need for a more efficient and optimal use of resources."After careful review, we have taken the decision to restructure our operations in a way that will ensure higher levels of...

Published:Sunday | May 2, 2010 | 12:00 AM

Several months ago, a yawning fiscal deficit, spiralling financing costs, and a closed capital market threatened a full-blooded economic disaster in Jamaica.A number of rating downgrades, coupled with a very unstable currency, added to the frustration...

Published:Sunday | May 2, 2010 | 12:00 AM

The Ministry of Agriculture and Fisheries last week signed an agreement with Scotiabank Jamaica that opens a J$100 million loan window for farmers of 'cash crops' on concessionary terms over eight months.It previously...

Published:Sunday | May 2, 2010 | 12:00 AM

Morris Hutchinson, a 30-year-old mechanical engineer, parlayed his expertise into a new business that sells alternative-energy supplies, and in less than two years of operation, has cornered...

Published:Sunday | May 2, 2010 | 12:00 AM

Should the Caribbean continue to see Europe as a viable long-term partner when its currency and economic integrity are coming under increasing threat, or are the dynamic new world economies of the south, like Brazil, China and...

Published:Saturday | May 1, 2010 | 12:00 AM

Beneath Elvis Rowe's unassuming presence and his friendly smile is a serious man on a mission.

Published:Saturday | May 1, 2010 | 12:00 AM

The National Housing Trust (NHT) estimates that its new subsidy programme for low income contributors will cost the agency J$840 million this financial year.

Published:Saturday | May 1, 2010 | 12:00 AM

The newly created Commission of Strata Corporations, which will monitor and oversee some 2,400 strata developments, is now in place.

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