Business

Trinidad-based conglomerate Ansa McAl, which lists its assets at more than US$1 billion or J$89.75 billion, is seeking to broaden its presence as part of its latest profit push, enlisting local building mate-rial suppliers, Quality Dealers Group...

BERLIN (AP): Germany rejects the idea of setting up a special fund to bail out eurozone countries, like Greece, that run into fiscal trouble because budgetary problems must be solved at the root, the finance ministry said...

Saudi Arabia (AP): A top Saudi energy official expressed serious concern Monday that world oil demand could peak in the next decade and said his country was preparing for that eventuality by diversifying its economic base....

Jamaica is to reap sweet benefits from the export of sugar to Europe under a contract it had entered into with Italian company, Eridania Suisse SA. The first batch of sugar under the agreement, in which the island is to supply a minimum total of 79,000 tonnes...

The Jamaica Public Service Company Limited (JPS) has budgeted approximately US$36 million to add 10 megawatts of renewable power to the national grid by 2012.

Question: I am at present living in England.

With the financial crisis in Jamaica deepening, individuals and companies alike might find themselves facing the question - like the...

Over the past month, discussions have centred on the advantages and disadvantages of the recently announced Jamaica Debt Exchange (JDX) and the varied reasons why it is required now in the economic history of the country.

On the stock market, the main JSE Market Index closed 4.56 per cent or 3,423.19 points higher at 78,465.53 points, while advancing on all five trading days.

On Wednesday, new Bank of Jamaica (BOJ) Governor Brian Wynter conducted his first quarterly press briefing, which was well attended. Overall, Wynter was very bullish on the way forward for the Jamaican economy.

One reader, whose bona fides I trust, commends me for the column in the Financial Gleaner, 'A bit of advice for Justice Carey'.He was not aware of Carey's performance during tenure on the bench and his judgement in the plagiarism-cum-libel case I mentioned, but is following the case to have Carey removed as chairman of the FINSAC commission of enquiry.

On Wednesday, new Bank of Jamaica (BOJ) Governor Brian Wynter conducted his first quarterly press briefing, which was well attended. Overall, Wynter was very bullish on the way forward for the Jamaican economy...