BlackBerry users across the world were exasperated Wednesday as an outage of email, messaging and Internet services on the phones spread to the US and Canada and stretched into the third day for Europe, Asia, Latin America and Africa...
A day after Senate Republicans killed his $447-billion jobs bill, President Barack Obama said he isn't taking no for an answer.In his first combative appearance since a united Senate GOP caucus filibustered the jobs plan to death, Obama promised to keep...
Oil prices drifted lower on Tuesday after the Organization of the Petroleum Exporting Countries (OPEC) cut its estimate for world oil demand for this year and said it expects no growth in demand for 2012.Benchmark crude fell 47 cents to $84.94 per...
The national Occupy Wall Street movement has been heating up again - resulting in about 50 arrests in Boston early Tuesday and plans for a Manhattan 'Millionaires March' to the homes of some of New York...
Greece is likely to receive the next batch of its bailout loans in early November, international debt inspectors said Tuesday, if the Eurozone and International Monetary Fund (IMF) approve the conclusions of the financial review they have completed....
PanCaribbean Bank, the smallest of seven commercial banks by assets, has announced that it will again be cutting its Jamaican dollar prime lending rate by 50 basis points to 16.40 per cent.The change comes into effect on November 1....
Banks would be barred from trading for their own profit instead of their clients under a rule being proposed by federal regulators. The Federal Deposit Insurance Corp backed the draft rule on a 3-0 vote Tuesday...
Producers of renewable energy facilities can now cumulatively sell about 12 megawatts of excess power generated from wind and solar power to the Jamaica Public Service Company (JPS), an amount which translates to about two per cent of the island's peak...
The Washington and London-based Hampden Kent Group, an infrastructure project development, financing, and management company, yesterday announced three new debt-refinancing projects for Jamaica, a key breakthrough for the nation and a harbinger...
Telecommunications provider LIME has signed an agreement in the Cayman Islands to secure local number portability database services that will make it possible to port telephone numbers from one network to...
The Trinidad and Tobago government Monday presented a TT$54.6 billion (US$9.1 billion) budget to Parliament, reiterating its resolve to transform the economy, create jobs and a safer environment for investment.Finance Minister Winston Dookeran...
Revenue generated by the state-owned Jamaica Urban Transit Company (JUTC) has not kept pace with its multibillion-dollar operating expenses, in addition to billions more poured into its operations through government subventions. During the three fiscal years to March...
"WHEN HIGHWAY 2000 opens up, what happens to the people of Faith's Pen?" asked Dr John Gochenouer."They make their living selling food on a road ... and soon at least 50 per cent of the people are not going to be travelling on that road."
THE PRIVATE Sector Organisation of Jamaica (PSOJ) has congratulated outstanding business leader and PSOJ member Audrey Hinchcliffe on her recent appointment to The US Department of State's International Council on Women's Business Leadership...
Americans Thomas Sargent and Christopher Sims won the Nobel economics prize on Monday for research that sheds light on the cause-and-effect relationship between the economy and policy instruments such as interest rates and government spending....
Apple Inc says first-day pre-orders of the iPhone 4S topped one million, breaking the record set by last year's model.Apple and various phone companies started taking orders for the phone last Friday...
Stocks rose sharply in the United States and Europe Monday after French and German leaders promised to strengthen European banks. The Dow Jones industrial average was up 270 points or 2.5 per cent at mid-afternoon...
Things are changing so quickly on a global level each day — from business and politics to modern technology, sports, personal desires and marketing strategies — the world is seeing changes...
Two and half months after the agriculture minister announced a special six per cent interest loan scheme for onion and potato farmers, the project is yet to get off the ground and the Development Bank of Jamaica...
Green-thumbed executives of LIME last Thursday rolled up their sleeves to mark National Tree Planting day spearheaded by the Forestry Department. Representatives of the telecommunications company led tree-planting efforts at Hellshire Beach...
The group representing investors and policyholders in the Barbados and Eastern Caribbean operations of the failed CLICO Life Insurance Company last Thursday rejected any proposed option that would give them back less than 100 per cent of their money.
Jamaica's cement producers, by their estimates, can save roughly US$37 million (J$3.2 billion) annually by building their own coal power plant, as opposed to purchasing oil fuel from the national grid or any other source.
Red Stripe Jamaica's plan to migrate a portion of its production base to North America will reduce output at its Kingston operation by up to 3.5 million cases, and eliminate 70 jobs.
