Call it the recession's lost generation. In record-setting numbers, young adults struggling to find work are shunning long-distance moves to live with Mom and Dad, delaying marriage and buying fewer homes...
I refer to the Business section of your September 14th issue reporting on the hostile takeover bid by the Black Sand Acquisition of Lascelles deMercado in which the LdM directors are quoted as saying, "This is the first...
The World Bank says that the Caribbean's long-term growth requires more than current links with China. The Washington-based financial institution said that one central question for the region is whether it can make the most ...
Google Inc's Executive Chairman Eric Schmidt sparred with senators Wednesday during a hearing that repeatedly cast the Internet search leader as a greedy monopolist more driven to expand its empire than to steer Web surfers to the most helpful...
Johnson & Johnson has resumed shipping Tylenol Cold & Flu Severe caplets, one of the many products it's recalled due to a variety of manufacturing deficiencies over the past two years...
The Federal Reserve will use more than $400 billion to try to drive down long-term interest rates, make home and business loans cheaper and invigorate the US economy.Analysts said the moves would provide only a slight economic benefit...
Stopover tourism arrivals dipped 2.1 per cent in May to some 146,600 due to fewer European, United States (US) and Canadian visitors, than a year earlier, according to just released data. Evelyn Smith, president...
WASHINGTON, DC: The International Monetary Fund (IMF) is maintaining its growth projections for Jamaica at 1.5 per cent this year but has moderated its 2012 outlook to 1.7 per cent amid expectations of a continued fall-off...
Here am I jet-lagged, fuzzy about whether it is actually Tuesday - 10 p.m., night in the Caribbean, or Wednesday 5 a.m. - rather early morning in Luxembourg where I am to attend a conference: 'Innovation for Financial Services Summit', beginning in a few hours time.
WASHINGTON, DC: The world's financial system has grown even more unstable over the past few months, the International Monetary Fund (IMF) said Wednesday, blaming the development on "weak growth, weak balance sheets and weak...
Billy Craig Insurance Brokers this week rolled out a Panmedia-designed free mobile application for BlackBerries designed to track severe weather conditions in the Atlantic and Caribbean basin. The Billy Craig Severe Weather Mobile App graphically...
A former senior official at the cash-strapped CL Financial Group has painted a picture of political intrigue, exorbitant bonuses and significant weaknesses in internal controls that led to its financial problems a few years ago....
While Jamaican consumers and businesses have spoken out about the financial burden of high electricity bills, the latest balance of payments report shows that the country's fuel bill jumped by a startling 34.9 per cent in the first four months of this...
The island's commercial banks have continued to rack up user fees with one increasing its charge for a letter of undertaking by 396 per cent over a eight-month period.The data are contained in a comparative study...
Now that Clive Mullings has once again taken over responsibility for the energy portfolio, it would be useful if he clarified the Government's position as to the preferred energy source for Jamaica going forward...
Spirits conglomerate Lascelles deMercado and Company (LdM) yesterday filed an appeal with the Financial Services Commission (FSC), arguing that its hostile takeover bidder Black Sand Acquisition still lacked proof of funding....
The All-Island Coffee Growers' Association has blasted the Government for its planned divestment of the state-owned Wallenford Coffee Company, which it describes as the island's most prized coffee asset....
The initial public offer of General Accident Insurance Company was oversubscribed in a minute of being open to the market this week.Mayberry Investments Limited, lead broker in the general insurer admission to the Junior Stock Exchange (JSE), advised...
A major pension fund administrator has denounced the recommendations for a defined contribution pension scheme for public-sector workers where the input rate for both employer and employee would be five per cent.Managing director of Prime Asset...
Conglomerate Lascelles deMercado and Company (LdM) has challenged the validity of the revised proposal, made by hostile takeover bidder Black Sand Acquisition, through an appeals tribunal at the Financial Services Commission (FSC).
Published:Thursday | September 22, 2011 | 12:00 AM
Oil climbed Wednesday as the lingering effects of a tropical storm earlier this month continued to affect US supplies.Benchmark crude rose 74 cents to $87.67 per barrel in late morning trading in New York.
Published:Thursday | September 22, 2011 | 12:00 AM
WESTERN BUREAU:THREE MONTHS ahead of the winter tourist season, Canadian tour operators in attendance at the just-concluded Jamaica Product Exchange 2011, say the island is way ahead of 2010 in terms of tourist...
MARIGOT, St Martin:AS THE Caribbean wobbles from the effects of the United Kingdom's (UK) Air Passenger Duty (APD), British sun seekers are opting for a less taxed destination - Florida."It is no coincidence that our...
In a blunt rejoinder to congressional Republicans, President Barack Obama called for $1.5 trillion in new taxes Monday, part of a total 10-year deficit reduction package totalling more than $3 trillion....
Grantley Stephenson, chief executive officer of Kingston Wharves Limited (KWL), has hailed retired managing director of Security Administrators Limited (SAL), Captain John Ulett, as a pioneer in maritime security....
