Business

A senior technocrat in the Ministry of Finance, Planning and the Public Service said the Jamaican Government's plans to issue up to US$1 billion (J$87 billion) in debt on the US market would be done over a three-year period....

The JamaicaN Government now says that the much-hyped, but long-stalled mega-resort project at Harmony Cove in Trelawny will begin next year and take a decade to complete.The first phase of the project, to cost US$800 million, will take three years...

Richard Lake's Restaurant Associates Limited, the owner of Burger King and Popeye's chicken franchises in Jamaica, is refreshing the look of all its stores.It is spending J$36 million per store on upgrades and will open...

A settlement of US$12.6 million has been reached with insurers of the ship, M/T Great News, which crashed into Petrojam refinery's dock in Kingston in 2009.The settlement amount, announced at Wednesday's post-Cabinet press briefing, is said to represent...

A bitter war of words broke out Tuesday between two of Russia's richest men after Viktor Vekselberg quit as chairman of Rusal, the world's largest aluminum producer.The resignation marks an unusually public spat among the secretive ranks of Russia's...

News Corp. executive James Murdoch acknowledged Wednesday that he could have done more to get to grips with the phone hacking scandal that has rocked Britain and threatened his place as the likely heir to his father's global media empire....

THE BUSTAMANTE Industrial Trade Union president Senator Kavan Gayle, has raised a number of issues in the media on which he seeks clarification relating to the Private Sector Working Group's (PSWG) Proposal on Tax Reform....

The bond market is betting on a stronger economy.Prices for US Treasury debt plunged for the fifth straight trading session Wednesday, and the yield on the benchmark 10-year note spiked to its highest level since October....

Radio Jamaica Limited dominated trading on the Jamaica Stock Exchange today, holding firm at J$2.55 after just over 6.7 million units were traded in a single block transaction by a broker.

Federal safety regulators are investigating sticky accelerators in as many as 1.9 million Ford Taurus and Mercury Sable sedans.The National Highway Traffic Safety Administration (NHTSA) started the probe last week and expanded it on Monday to include...

Trinidad and Tobago has signed a Memorandum of Understanding (MOU) with Panama that the Kamla Persad-Bissessar government says underscores its "goal of aggressively pursuing new markets".

A World Trade Organization (WHO) appeals panel upheld Monday an earlier finding that US planemaker Boeing Inc received at least US$5 billion in subsidies that hurt its European arch-rival and were prohibited under international trade rules...