Business

China's rapid growth eased last quarter to a still-robust 9.1 per cent, enough to ease concerns of an abrupt slowdown in the world's second-largest economy but too little to buoy the troubled West.Growth in the three months through September was down...

Goldman Sachs Group Inc reported a third-quarter loss of US$428 million Tuesday, only the second quarterly loss since the investment bank went public 12 years ago.

Oil prices hovered above US$86 a barrel Tuesday as economic growth in China slowed slightly and German officials dampened hopes that a broad plan to contain Europe's debt crisis will be completed this week.

German investor sentiment fell more than expected in October, another sign that the Eurozone's debt crisis is weighing on growth even in the region's largest economy, a survey showed Tuesday.

ADS Global Limited has shifted operations to Fairview Office Park, where it has established a US$250,000...

John Issa confirmed the close of the deal to sell 37 million shares representing 30 per cent shareholdings in The Pegasus hotel of Jamaica in a victory for minority investors who negotiated a substantial 71 per cent premium on the price Kevin Hendrickson paid...

There was a fresh setback for the Bermuda jobs market when a leading US-based hedge-fund administrator confirmed plans to lay off at least 15 workers as the company re-organises its operations.A spokesman for Citco Fund Services confirmed the job losses...

Prime Minister Kamla Persad-Bissessar Monday defended her administration's decision to impose, a state of emergency (SOE) on Trinidad and Tobago, saying it was meeting the objective for which it was intended...

Kingston Wharves Limited (KWL), last Wednesday, received two sectional port awards at the 41st annual general meeting (AGM), conference and exhibition of the Caribbean Shipping Association (CSA), held in Bridgetown, Barbados. The Jamaican multi-purpose...

Ancile Brewster, country representative of Inter-American Development Bank, Jamaica, says while crime is often cited as one of the greatest barriers to growth, the problem of logistics relating to the movement of product...

The focus once again is on the economy. Different people are giving different views and are saying things that are not totally so...

International donor agencies have lauded the establishment of a five-year US$40 million programme to assist regional companies compete and grow globally."Business enterprise matters, it matters for growth, development and it matters for the Caribbean...