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Business

Published:Sunday | October 16, 2011 | 12:00 AM

We read with interest your very informative article in Sunday's Gleaner, and decided to ask for your counsel and advice. We are a couple in our 60s and all our savings are in a savings account at a money-market brokerage company.Do you think that this is...

Published:Sunday | October 16, 2011 | 12:00 AM

Protesters from the Occupy Wall Street movement heckled News Corp CEO Rupert Murdoch during a speech at an education forum on Friday, accusing the media mogul of trying to profit from public education.Activists repeatedly interrupted Murdoch as he gave...

Published:Sunday | October 16, 2011 | 12:00 AM

Whether they're practising cleaning skills, learning to make phone calls or ride the city bus, students in the Next Step Connections programme spend their days working on skills to become semi-independent.For seven hours each weekday, the six students...

Published:Sunday | October 16, 2011 | 12:00 AM

The Trinidad-based Caribbean Airlines (CAL) says it is interested in renewing a Memorandum of Understanding (MOU) with the Grenada government for continued air service between Grenada, Trinidad and Tobago and New York's JFK International...

Published:Sunday | October 16, 2011 | 12:00 AM

Regulators on Friday closed small banks in Georgia, North Carolina and New Jersey, boosting to 79 the number of United States bank failures this year. The number of closures has fallen sharply this year as banks have worked their way through the bad debt...

Published:Sunday | October 16, 2011 | 12:00 AM

The United States government ran a US$1.3 trillion deficit for the budget year that ended last month, the third straight year it has operated more than US$1 trillion in the red.The 2011 budget deficit was the second highest on record...

Published:Sunday | October 16, 2011 | 12:00 AM

Question: I am a young, prospective car owner.I plan to buy a new SUV that is estimated to cost $2.5 million. My job entails a lot of travelling. The purchase will be financed by a bank loan...

Published:Sunday | October 16, 2011 | 12:00 AM

Sometime early next year, the association agreement reached in May between Central America and Europe will come into force. It will open quickly the EU market to agricultural produce and manufactured items from Panama...

Published:Friday | October 14, 2011 | 12:00 AM

Independent ATM operators are accusing MasterCard and Visa of fixing prices and forcing them to charge consumers set fees.

Published:Friday | October 14, 2011 | 12:00 AM

CIBC FirstCaribbean has made four appointments to its executive management committee.General Counsel Ella Hoyos will take up a new post as managing director, human resources; Minish Parikh, managing director, operations, assumes the role of chief...

Published:Friday | October 14, 2011 | 12:00 AM

BARBADOS: The International Monetary Fund (IMF) reiterated Thursday that it will not impose a deadline on Jamaica to deliver the blueprint on policies needed to kick-start the reviews and get the bailout programme back on track....

Published:Friday | October 14, 2011 | 12:00 AM

THE NUMBER of people applying for unemployment benefits fell slightly last week, a sign the job market isn't getting much better. Applications ticked down by 1,000 to a seasonally adjusted 404,000, the Labour Department said Thursday...

Published:Friday | October 14, 2011 | 12:00 AM

PepsiCo Inc has found its recipe for success in this economic environment: raise prices and grow overseas...

Published:Friday | October 14, 2011 | 12:00 AM

Stocks sank Thursday, ending the fastest rally in the Standard & Poor's 500 since March 2009.

Published:Friday | October 14, 2011 | 12:00 AM

The European Union plans to force the region's biggest banks to raise billions of euros in capital to better withstand market turmoil over the high debt in several euro countries, the European Com-mission's president said Wednesday.

Published:Friday | October 14, 2011 | 12:00 AM

In support of the Energy and Climate Partnership of the Americas (ECPA), the United States Departments of State and Energy (DOE) is participating in the Caribbean Renewable Energy Forum in Barbados, which got under way yesterday.

Published:Friday | October 14, 2011 | 12:00 AM

The Super Plus group has decided to capitalise on equity owned in a shopping centre in Christiana, Manchester, by placing on the market 23 of 29 shops, including supermarket space, priced between $2 million and $36 million....

Published:Friday | October 14, 2011 | 12:00 AM

Barbados: The International Monetary Fund (IMF) is recommending more aggressive action on the part of regional governments to address high debt levels that range as high as 156 per cent of gross domestic product...

Published:Friday | October 14, 2011 | 12:00 AM

Already feeling the squeeze from the global recession, investment in Jamaica's tourist industry took a further serious blow when the Palmyra condominium resort development was placed in receivership by local banks a few months ago...

Published:Friday | October 14, 2011 | 12:00 AM

Jamaican noteholders have agreed to accept an immediate US$20-million payout from Trinidad-based CL Financial with a second tranche by year end, CL Financial Chairman Gerald Yetming has disclosed, reversing a decision taken last week by local noteholders to reject the offer....

Published:Friday | October 14, 2011 | 12:00 AM

Surrey Hotel Management Limited, an outfit established and owned by Kevin Hedrickson who operates the Courtleigh Hotel and Suites, will take over operations of The Jamaica Pegasus hotel...

Published:Friday | October 14, 2011 | 12:00 AM

The United Kingdom (UK) has given tangible expression of its continued commitment to supporting Carib-bean trade and integration through the £10-million Caribbean Aid for Trade and Regional Integration Trust Fund (CARTFund) at the Caribbean Development...

Published:Friday | October 14, 2011 | 12:00 AM

THE BID deadline for the Wallenford Coffee Company has been further extended by a month to facilitate potential investors seeking to acquire the loss-making, state-owned processing company.The Development Bank of Jamaica (DBJ), which has placed...

Published:Friday | October 14, 2011 | 12:00 AM

Last week, on 'Jamaica Speaks' with Trevor Munroe and Donna Scott-Mottley, admittedly to my mild surprise, my former political science lecturer, whose analytical competence and grasp of issues political...

Published:Friday | October 14, 2011 | 12:00 AM

A couple whose long-term lease on a villa was forfeited and their shares sold by property developers Goblin Hill Hotels Limited in Portland, has decided to vigorously...

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