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Business

Published:Thursday | March 22, 2012 | 12:00 AM

BRIEFSLobster closed season starts April 1Hotels, restaurants and others businesses which serve lobster on the menu are reminded that the annual lobster closed season starts April 1 and runs until June 30.

Published:Thursday | March 22, 2012 | 12:00 AM

Good-quality piglets start with selecting animals of good genetic stock for breeding.

Published:Thursday | March 22, 2012 | 12:00 AM

THE $20 MILLION Government is making available to the coffee industry towards covering the cost of fertiliser is woefully short of the estimated $100 million needed to adequately address the current crop needs for input alone.

Published:Thursday | March 22, 2012 | 12:00 AM

JAMAICA, ONE of only eight countries in the world that enjoy the designation of fine flavour cocoa, has been unable to ramp up production to take full advantage of this privileged position, despite having a guaranteed market of 1,400 tonnes and a doubling of cocoa prices on the international market between 2005-2010.

Published:Wednesday | March 21, 2012 | 12:00 AM

Q: I am a regular reader of your column in The Sunday Gleaner.Let me take this opportunity to commend you on your interesting and informative articles...

Published:Wednesday | March 21, 2012 | 12:00 AM

Oil fell after Saudi Arabia promised to keep markets well-stocked with petroleum. Concerns about economic growth and fuel demand in China also weighed on prices...

Published:Wednesday | March 21, 2012 | 12:00 AM

One in six disability claims in Greece fake - Health Ministry officials say nearly one-in-six disability allowances will be cancelled at the end of the month after discovering thousands of payments were based on false claims...

Published:Wednesday | March 21, 2012 | 12:00 AM

UNITED STATES (US) stocks followed world markets lower Tuesday after worrisome economic data out of China, whose blistering economy helped sustain global growth during the economic downturn.Asian stocks fell sharply after a report that home prices...

Published:Wednesday | March 21, 2012 | 12:00 AM

When Justin Bassett interviewed for a new job, he expected the usual questions about experience and references. So he was astonished when the interviewer asked for something else: his Facebook username and password.

Published:Wednesday | March 21, 2012 | 12:00 AM

Mavis Bank Coffee Factory, the largest processor of Blue Mountain coffee, earned $36 million profit in less than three months for its new owners, which plan to pump US$4.5 million (J$391 million) into the operation within five years, latest financials...

Published:Wednesday | March 21, 2012 | 12:00 AM

Federal Reserve Chairman Ben Bernanke says the threats from Europe's debt crisis have eased in recent weeks, but United States (US) money market funds remain exposed to risky European assets....

Published:Wednesday | March 21, 2012 | 12:00 AM

Gassan Azan, chairman and chief executive officer of MegaMart Wholesale Club, has secured $1.2 billion through a special lease financing arrangement secured by Scotia Investments for the construction of its fourth store in Bloomfield, Mandeville, Manchester....

Published:Wednesday | March 21, 2012 | 12:00 AM

The Reggae Reggae-branded products of Jamaica-born businessman and entertainer, Levi Roots, has earned £2.5 million (J$334 million) in the first nine months of its distribution in the United Kingdom...

Published:Wednesday | March 21, 2012 | 12:00 AM

A United States (US) appeals court has ruled that aggrieved investors in Allen Stanford's Ponzi scheme can press state court class-action lawsuits seeking to recover losses in the US$7 billion scheme.The court on Monday reversed a lower-court decision...

Published:Wednesday | March 21, 2012 | 12:00 AM

The Caribbean Community (CARICOM) has introduced an online consumer-protection warning system in which 13 million consumers in 14 member states can themselves alert authorities to dangerous products on the market, except food.d...

Published:Wednesday | March 21, 2012 | 12:00 AM

Victoria Mutual Building Society (VMBS) on Monday slashed its rate on Jamaican dollar loans to new borrowers by as much a 2.6 percentage points, becoming the cheapest commercial player in the retail mortgage market as players jostle for customers...

Published:Wednesday | March 21, 2012 | 12:00 AM

Jamaicans now own more mobile phones - 3.1 million - than there are people in the country.But for the first time they spent less money on them for the December 2010 quarter than the corresponding period a year earlier...

Published:Wednesday | March 21, 2012 | 12:00 AM

The Antigua and Barbuda government is calling for a level playing field for all airlines operating within the Caribbean as the Barbados-based low-cost carrier REDjet continues the suspension of its operations.Civil Aviation Minister John Maginley told...

Published:Tuesday | March 20, 2012 | 12:00 AM

At least 10 United States (US) legislators have signalled their intention to investigate Antigua and Barbuda's role in the multibillion-dollar Ponzi scheme conducted by Allen Stanford, who was convicted in a US federal court earlier this month....

Published:Tuesday | March 20, 2012 | 12:00 AM

The Sandals Group, which operates 17 hotels in several Caribbean countries, will be launching the Sandals Corporate University (SCU) in Jamaica on Wednesday, partly to provide certification to staff without formal academic qualifications.St Lucia's...

Published:Tuesday | March 20, 2012 | 12:00 AM

UPS is giving a vote of confidence to Europe with its US$6.77 billion purchase of Dutch rival TNT Express, the company's biggest deal ever.After weeks of negotiations, the world's largest package delivery company on Monday locked in a deal for Europe's...

Published:Monday | March 19, 2012 | 5:24 PM

The dollar fell against most other major currencies in volatile trading Monday

Published:Monday | March 19, 2012 | 4:10 PM

REDjet, the Caribbean's first discount airline which suspended all flights as of late Friday because of financial problems, said that it continues to negotiate with relevant authorities

Published:Monday | March 19, 2012 | 1:42 PM

The Australian government has approved a new 30 per cent tax on big mining companies

Published:Monday | March 19, 2012 | 11:55 AM

At least four Caribbean Community (CARICOM) countries are to benefit from US$600 million in financing for renewable energy and energy efficiency projects.

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