Two rival airlines – blamed by low-cost carrier REDjet for forcing it to shut down temporarily – have moved in swiftly to fill the breach left by its abrupt suspension on Friday.
President Barack Obama is calling anew on Congress to end tax subsidies for the oil and gas industry, saying America needs to develop alternative sources of energy in the face of rising gasoline prices...
The Barbados-based airline REDjet announced late Friday it was suspending all flights from Saturday after ten months in the air in a bid to protect the long term interests of the business, the company said...
Locally and globally, many tears have been shed and much pain felt because people have been deceived out of their life savings, and even Christians have suffered even greater loss.
March 15 is now behind us, and hopefully self-employed persons were able to meet the income-tax filing deadline to avoid the unnecessary penalties and interest that could impact negatively on their overall wealth.
Question: My car was involved in an accident with another vehicle in December 2010. The third party's insurers stated that "their standard approach in settling claims involving uninsured motorists does not usually include payment of loss of use ... ". That practice, in my opinion, is wrong. What are your views?
A delegation from the International Monetary Fund (IMF) Friday ended a two week visit to St Kitts-Nevis praising the government for meeting "all quantitative performance criteria" under the US$38 million standby Agreement (SBA).
The US courts have given Spain the 17 tons of silver and gold coins that a private company salvaged from the wreck of a colonial-era Spanish sailing ship and Peruvians say they feel robbed.The treasure's origin is not in dispute.The metals were mined...
While the central bank predicted at the start of 2012 that new technology might have an impact on remittance flows, such as the Zoompass Wallet, local companies say the absence of an approved policy on mobile money is likely to leave Jamaica far behind in the more efficient digital transactions arena.
The Jamaica Cooperative Credit Union League (JCCUL) pressed ahead with the introduction of its new epayment services JCUES as planned on Thursday evening, but under a slightly revised banner.
Rating agency CariCRIS has adjudged as adequate the creditworthiness of the Dominica government based on the country’s economic performance during the last three years.
Last week's column looked at the differences in official response to financial crisis on Wall Street, in Jamaica, Trinidad and Tobago and Barbados - we might say Caribbean actually, for the CLICO enterprise spanned the whole region as we shall see.But...
Matalon tapped for Scotia board - Scotiabank Group Jamaica says Joseph M.Matalon has been appointed a director of the company effective March 12, 2012, subject to the approval of the Bank of Jamaica...
Pan-Jamaican Investment Trust revealed that the construction of the Marriott-branded Courtyard hotel will cost US$20 million ($1.7 billion) and coincide with the conglomerate utilising all the proceeds of its loan from...
The United States stock market cleared another barrier Thursday in its long recovery from the Great Recession: The Standard & Poor's 500 index closed above 1,400 for the first time since June 2008.The Dow Jones industrial average, driven higher...
The problems in Europe have allowed China to step out of the limelight.With most investors riveted on the ECB's endless monetary pirouettes and the on-going debt melodrama in Athens, Beijing was happy to drift out of view...
Goldman Sachs, arguably the most storied investment bank on Wall Street, has been compared to a money-sucking vampire squid and called the evil empire of finance....
The recently concluded fraud case in which Texan billionaire Allen Stanford was convicted of running a US$7-billion Ponzi scheme using a bank in Antigua and Barbuda should serve as a warning to small...
St Vincent Prime Minister Dr Ralph Gonsalves has a message for nationals.If you want to re-introduce an economic citizenship programme in the country, it will not be under his watch...
