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Business

Published:Wednesday | March 14, 2012 | 12:00 AM

Germany's top central banker has urged the European Central Bank to come up with a plan to eventually withdraw its massive emergency loans to banks, warning that they carry significant risks and have only bought Europe a temporary respite from its debt...

Published:Wednesday | March 14, 2012 | 12:00 AM

The Automobile Dealers Association (ADA) has singled out five of 145 recommendations by the Private Sector Working Group (PSWG) on tax reform that impact business done by auto traders, but has only fully endorsed one...

Published:Wednesday | March 14, 2012 | 12:00 AM

Caribbean stocks were mixed for the week with a rebound in blue chip stocks, continued weakness among financial stocks and the continuation of a major correction in junior market stocks.For the week, 26,848,806 shares valued at US$10,209,429 crossed...

Published:Wednesday | March 14, 2012 | 12:00 AM

Lottery operator Supreme Ventures Limited (SVL) has recorded strong year-end results, posting a 43.9 per cent increase in net profit to J$606 million, but it fell short of its prediction to double last year's earnings of J$421 million due to larger than...

Published:Wednesday | March 14, 2012 | 12:00 AM

The Caribbean Community of Retired Persons (CCRP) has expressed concern that, if implemented, several aspects of the Private Sector Working Groups tax reform proposals would have a detrimental effect on the poor, elderly and retirees.

Published:Wednesday | March 14, 2012 | 12:00 AM

The Jamaica Chamber of Commerce (JCC), as part of its 30th annual awards, has nominated 12 companies and three individuals to be honoured for their achievements in categories ranging from leadership to culture and the attainment of corporate objectives...

Published:Wednesday | March 14, 2012 | 12:00 AM

Jamaica has registered with the Securities Exchange Commission (SEC) its plan to float up to US$1 billion (J$87b) of debt in the United States market to finance its budgetary requirements.The prospectus did not reveal a timeline, type and yield for the...

Published:Wednesday | March 14, 2012 | 12:00 AM

Century Aluminum Limited, former owner of St Ann Bauxite Company which sold out its local operations during the bauxite downturn, says it is mulling re-entering the local alumina sector under partnership to set up a 1.5-million tonne alumina plant....

Published:Wednesday | March 14, 2012 | 12:00 AM

Trinidad and Tobago, the third-largest producer of natural gas in the Americas, is to complete its 300-kilometre undersea gas pipeline in 18 months.It will link to northern neighbour, Barbados."Within another 18 months or so there should be a natural...

Published:Wednesday | March 14, 2012 | 12:00 AM

The Jamaica Co-operative Credit Union League (JCCUL) has created an e-payment system for mobile top-up and bill payment for its membership of near one million members in 40 credit unions nationwide....

Published:Wednesday | March 14, 2012 | 12:00 AM

Conglomerate Lascelles deMercado & Company anticipates a profitable year void of takeover challenges, after fighting off a hostile bid in court from Black Sand Acqusition Inc...

Published:Wednesday | March 14, 2012 | 12:00 AM

The acquisition of the mortgage portfolio of an unnamed company and rising demand in the middle- and high-income real estate markets led to record growth for Scotia Jamaica Building Society (SJBS) last year.General Manager Gladstone Whitelocke says...

Published:Tuesday | March 13, 2012 | 4:11 PM

A retired persons group has expressed concern that, if implemented, several aspects of the Private Sector Working Group’s tax reform proposals would have a detrimental effect on the most vulnerable

Published:Tuesday | March 13, 2012 | 3:38 PM

Supreme Ventures Limited (SVL) has recorded strong year-end results, posting a 43.9 per cent increase in net profit to J$606 million

Published:Tuesday | March 13, 2012 | 11:53 AM

The Jamaica Chamber of Commerce has nominated 12 companies and three individuals to be honoured for their achievements.

Published:Tuesday | March 13, 2012 | 12:00 AM

Jurors in the recent trial of convicted Texas financier Allen Stanford say his arrogance and greed as well as compelling evidence by his former chief financial officer were primarily responsible for his conviction and the forfeiture of US$330 million...

Published:Tuesday | March 13, 2012 | 12:00 AM

The chief of the eurozone said Monday that Greece's debt is now expected to decline to 117 per cent of GDP by 2020, less than the 120 per cent that had been expected....

Published:Tuesday | March 13, 2012 | 12:00 AM

WITH THE Students' Loan Bureau joining the growing list of companies heading downtown Kingston, more persons are asking where staff members will eat. This is a major concern for companies looking to set up shop downtown Kingston to take advantage...

Published:Tuesday | March 13, 2012 | 12:00 AM

PepsiCo Inc. revamped its management structure Monday in a move intended to strengthen its lineup of potential successors to CEO Indra Nooyi and leverage its scale as a global company....

Published:Monday | March 12, 2012 | 4:47 PM

Yahoo is filing a lawsuit against Facebook over patents, following through on a threat it made last month.

Published:Monday | March 12, 2012 | 4:19 PM

The Jamaica stock market closed slightly higher Monday at 730.77 points or 0.78 per cent above the opening value in another light day of trading.

Published:Monday | March 12, 2012 | 12:00 AM

Premier Joseph Parry has warned that there will be job losses as the Nevis Island Administration (NIA) carries out a debt restructuring exercise and a reorganisation of government departments and statutory bodies....

Published:Monday | March 12, 2012 | 12:00 AM

The Multilateral Investment Fund (MIF) says immigrants from Latin American and the Caribbean sent US$61 billion in remittances to their home countries last year.

Published:Monday | March 12, 2012 | 12:00 AM

Greece's private creditors agreed Friday to take cents on the euro in the biggest debt writedown in history, paving the way for an enormous second bailout for the country to keep Europe's economy from being dragged further into chaos.

Published:Monday | March 12, 2012 | 12:00 AM

More than 100 students protested Friday outside a speech at Cambridge University by Dominique Strauss-Kahn, the former International Monetary Fund chief whose career collapsed after he was charged with sexual assault.

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