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Business

Published:Friday | January 13, 2012 | 12:00 AM

The final weeks of 2011 were among the economy's strongest as Americans shopped and traveled more, ending the year with a shot of optimism for 2012.That's the bright picture the United States Federal Reserve sketched in a survey released Wednesday...

Published:Friday | January 13, 2012 | 12:00 AM

The RJR Communications Group has relocated its cable businesses to its home base on Lyndhurst Road, cutting 31 jobs in the process...

Published:Friday | January 13, 2012 | 12:00 AM

Grantley takes charge - Derek Jones has resigned as chairman of Kingston Wharves Limited (KWL), but will retain his seat on the board.Jones, a lawyer of more than 40 years standing...

Published:Friday | January 13, 2012 | 12:00 AM

Two United States companies have acquired majority ownership of Eastern Caribbean Gas Pipeline Company Limited (ECGPC), which is developing a natural-gas export pipeline from Trinidad and Tobago to the Eastern Caribbean...

Published:Friday | January 13, 2012 | 12:00 AM

Swiss financial services company UBS has recommended that investors stay away from Government of Jamaica debt due to uncertainty about the newly elected government...

Published:Friday | January 13, 2012 | 12:00 AM

Polling day has come and gone - PNP wins by a landslide, 42-21. What happened? Observer headline reads "JLP needs rigorous exam: G2K head". How unkind to give comedians fodder to claim G2K needs its head examined....

Published:Friday | January 13, 2012 | 12:00 AM

Peter Phillips has one of the most diverse résumés in governance with a breadth of experience spanning two decades, but his current job puts him in a new and complex field that he will have to learn through immersion...

Published:Thursday | January 12, 2012 | 2:34 PM

Scotiabank has been recognised as the leading foreign exchange provider in Jamaica.

Published:Thursday | January 12, 2012 | 12:00 AM

Federal regulators have warned Johnson & Johnson (J&J) that it could face fines and other sanctions for selling faulty insulin pumps and delaying disclosures of serious injuries to diabetics who used them....

Published:Thursday | January 12, 2012 | 12:00 AM

WASHINGTON (AP):Tensions between the rich and poor in the United States are increasing and at their most intense level in nearly a quarter-century, a new survey shows.

Published:Wednesday | January 11, 2012 | 12:00 AM

Private equity firm, Blue Equity LLC, on Tuesday acquired control of Cool Petroleum Holdings Limited which operates the Shell gas station and oil distributorship in Jamaica.It means that Cool Petroleum, formerly part...

Published:Wednesday | January 11, 2012 | 12:00 AM

Under pressure to reboot Jamaica's stalled economy, and having a mere three months to pull together a budget, Peter Phillips says he is in no hurry to change the economic team he inherited from Audley Shaw."I don't start...

Published:Wednesday | January 11, 2012 | 12:00 AM

Transport Minister Derrick Burgess Monday said that visiting cruise ships may soon be allowed to operate their casinos while in port in Bermuda. Burgess told a news conference that he had a series of meetings with top-level executives of six cruise lines...

Published:Wednesday | January 11, 2012 | 12:00 AM

The Jamaica Bar Association is wary of Jamaica's plan to sign on to the international system for trademarks, called the Madrid Protocol, saying it would likely result in loss of income for lawyers and less tax revenue...

Published:Wednesday | January 11, 2012 | 12:00 AM

Two top partners of Proven Investments Limited, who have been assigned Cabinet positions in the new Government, have resigned as members of the management committee, and given up their seats on the board of subsidiary Proven Wealth Limited....

Published:Wednesday | January 11, 2012 | 12:00 AM

President and chief executive officer of the American Association of Community Colleges (AACC), Dr Walter Bumphus, has congratulated the Council of Community Colleges of Jamaica (CCCJ) on its contributions over 10 years...

Published:Wednesday | January 11, 2012 | 12:00 AM

Alcoa Inc on Monday started off the earnings season by posting its first net loss in more than a year.The New York manufacturing giant's profits dwindled in the fourth quarter with fewer orders for its products as uncertainty grew about the impact...

Published:Wednesday | January 11, 2012 | 12:00 AM

There were further signs of financial trouble on Tuesday at the Caribbean first low-cost carrier, REDjet, mere weeks after the company announced it needed an $8-million injection to keep fulfilling its investors' mandate.The Caribbean Media Corporation...

Published:Tuesday | January 10, 2012 | 12:14 PM

National Security Minister Peter Bunting and Justice Minister Mark Golding have resigned from Proven

Published:Tuesday | January 10, 2012 | 12:00 AM

Stocks wandered between small gains and losses Monday as traders looked ahead to Alcoa Inc.'s fourth-quarter results, the unofficial start of US corporate earnings season. The global aluminium company is seen as an economic bellwether because many...

Published:Tuesday | January 10, 2012 | 12:00 AM

The ADVANTUM (formerly Port Computer Services Limited) family is mourning the loss of fellow team member, business analyst Anthony Martin.Martin joined ADVANTUM in August 2010 and quickly emerged as an asset to the company and was loved and respected by...

Published:Tuesday | January 10, 2012 | 12:00 AM

Former attorney general Ramesh Lawrence Maharaj has accused the coalition People's Partnership government of seeking to "enslave" policyholders even as the High Court is being asked to enforce their right to full compensation on the Executive Annual...

Published:Monday | January 9, 2012 | 4:06 PM

China Harbour has signed a US$40 deal to finance two infrastructural projects in the Bahamas.

Published:Monday | January 9, 2012 | 12:00 AM

NOW MORE than ever, there is a need for visionaries with a vision to bring the necessary solutions to deal with the local and global economic problems.The reason we are having so many problems throughout the nations is a lack...

Published:Monday | January 9, 2012 | 12:00 AM

Former treasury vice-president of First Global Bank, Rohan Rose, who was charged last year with breaches of the Securities Act, has been fined $2.5 million.He pleaded guilty last month when he appeared in the Home Circuit Court.Rose, 38, paid the fine...

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