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Business

Published:Thursday | October 27, 2011 | 12:00 AM

A former board member of Goldman Sachs and Proctor & Gamble became the most prominent business executive arrested in the biggest insider-trading case in history when a securities fraud indictment was unsealed against him Wednesday.

Published:Wednesday | October 26, 2011 | 12:00 AM

Grenada's Finance Minister Nazim Burke has accused Taiwan of trying to cripple the island's economy as it attempts to recover EC$76 million (US$28.1 million) in loans to Grenada before it broke off diplomatic relations in 2005.His comments in a radio...

Published:Wednesday | October 26, 2011 | 12:00 AM

The Dutch company, Boskalis Westminster, has been awarded a €125 million (US$174.2 million) contract to excavate at least three million tonnes of bauxite in an area not mined for three decades.

Published:Wednesday | October 26, 2011 | 12:00 AM

Grenada's famous nutmeg, recovering from the devastation caused by Hurricane Ivan in 2004, is facing another challenge - the nutmeg-wilt disease.Agriculture Minister Denis Lett, who has made an appeal for assistance at the just-ended Ministers...

Published:Wednesday | October 26, 2011 | 12:00 AM

Quality should be 'Job 1' at Ford again. The brand's ranking fell 10 spots in Consumer Reports' annual auto-reliability survey, hurt by glitchy touch screens and transmissions.

Published:Wednesday | October 26, 2011 | 12:00 AM

Delta will be a smaller airline next year, and probably more expensive for passengers, too.
The nation's second-biggest airline said on Tuesday that it will reduce flying through the rest of this year and into next year....

Published:Wednesday | October 26, 2011 | 12:00 AM

Netflix shares plunged 35 per cent Tuesday after the one-time Wall Street favourite revealed a massive departure of subscribers angered by price increases and other questionable changes at rental service that was created to make entertainment ...

Published:Wednesday | October 26, 2011 | 12:00 AM

Oil prices jumped nearly three per cent Tuesday on signs of tightening US crude supplies.Benchmark West Texas Intermediate crude rose US$2.60, or 2.9 percent, to US$93.86 per barrel in afternoon trading in New York.

Published:Wednesday | October 26, 2011 | 12:00 AM

The Italian government and a broad European plan to save the euro were at risk on Tuesday, with Premier Silvio Berlusconi locked in a high-stakes battle with coalition partners to muster support for...

Published:Wednesday | October 26, 2011 | 12:00 AM

Consumer sentiment across Caricom improved somewhat during the third quarter of 2011.In the latest Department of Management Studies, UWI, Cave Hill, quarterly survey of consumer sentiment...

Published:Wednesday | October 26, 2011 | 12:00 AM

Prime Minister of Dominica Roosevelt Skerrit on Monday defended his administration's relationship with China as Beijing announced it would be funding the resettlement of residents affected by the recent flooding along the island's west coast...

Published:Wednesday | October 26, 2011 | 12:00 AM

Caribbean, Canadian and Mexican travellers will now have to pay a US$5.50 tax if they enter the United States (US) by air or sea.The new US-Colombia free-trade deal, signed into law last week, includes a clause that removes an exemption from the tariff...

Published:Wednesday | October 26, 2011 | 12:00 AM

A position paper on women in governance is contending that policies designed to give critical support to that gender will enhance economic growth at all levels.Developed by the Women's Resource and Outreach Centre (WROC),...

Published:Wednesday | October 26, 2011 | 12:00 AM

Dr Christopher Tufton, said Tuesday that local laboratories are ill-equipped to handle the volume of work to be created under new food-safety laws which require exporters to produce lab-tested results on products bound...

Published:Wednesday | October 26, 2011 | 12:00 AM

Strong gains on Pegasus Hotels and the junior market saw Caribbean stocks surge by over 10 per cent for the week ended October 21, as 48,478,451 shares valued at US$12,497,307, crossed the floors of the six stock exchanges across Caricom.For the week,...

Published:Wednesday | October 26, 2011 | 12:00 AM

A couple whose lease of a villa and shares in Goblin Hill Hotels were reinstated following a Privy Council ruling that the seizure and sale were unlawful is now challenging the resort's decision to charge...

Published:Wednesday | October 26, 2011 | 12:00 AM

Aubyn Hill has given notice of his intention to quit as the chief executive officer of SCJ Holdings Limited, effective October 31, saying the company has entered a new phase as a manager of landholdings and no longer...

Published:Tuesday | October 25, 2011 | 12:00 AM

BY NEXT February, the Urban Development Corporation (UDC) should complete its model of how the reborn downtown Kingston should look. There are different opinions about how the city should look after the revitalisation and redevelopment are done...

Published:Tuesday | October 25, 2011 | 12:00 AM

WITH CRIME on the decline in downtown Kingston, nightlife has started to make a much-welcome return, and many of the entertainment spots have been given a facelift.Across the city, bars and pubs are sprinkled liberally and provide a well-needed break...

Published:Tuesday | October 25, 2011 | 12:00 AM

Prime Minister David Cameron pleaded with Conservative Party lawmakers on Monday to drop their support for a national referendum on Britain leaving the European Union (EU), comparing the bloc and its economic crisis to a house on fire that needs...

Published:Tuesday | October 25, 2011 | 12:00 AM

SCHOOLCHILDREN in some downtown Kingston communities are now eating healthier meals following an intervention by nutritionist Dr Heather Little-White and the members of parliament for the area....

Published:Tuesday | October 25, 2011 | 12:00 AM

Precious metal prices are rising on expectations that European finance ministers could implement a bailout package worth more than US$1 trillion.Gold for December delivery rose US$16.20, or one per cent, to settle at US$1,652.30 an ounce....

Published:Tuesday | October 25, 2011 | 12:00 AM

Strong demand for construction and mining equipment should boost Caterpillar Inc's revenue through next year, even as the health of global economy remains in doubt....

Published:Monday | October 24, 2011 | 12:00 AM

Many people are going through rough times facing financial problems, sickness, job loss, economic strife and hopelessness. Even some men and women of faith are giving up because, to them, it seems there is no future. Remember...

Published:Sunday | October 23, 2011 | 12:00 AM

Jamaica earned more net foreign exchange from cultural services which includes music, sport and film at US$23.8 million (J$2b) in 2010, than from services in finance, business, insurance and construction combined, according to newly released Bank of Jamaica (BOJ) data.

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