Business

THE SECOND annual Caribbean Fine Cocoa conference and Chocolate Expo will be held at the Ritz-Carlton hotel, Rose Hall, St James, September 15 and 16, under the theme, 'Investing in Fine Cocoa and its Value Chain.'

The United States Justice Department filed suit Wednesday to block AT&T's US$39-billion deal to buy T-Mobile USA on grounds that it would raise prices for consumers.

Prime Minister Bruce Golding said Tuesday that the telecommunications bill would be brought to Parliament within six weeks, and that the legislation would address the issue of competition. Golding made the announcement in the context of Jamaica's...

Jamaicans, lured by three-dimensional or 3D films, spent a new record J$614.5 million at the movies over one year, according to the latest data from Palace Amusement, which dominates the cinema market.The total spend included box office receipts...

General Accident Insurance Company Jamaica Limited is going public after 30 years of operation.The insurer hopes to raise J$400 million to J$425 million of equity on the junior stock market through an initial public offering of 20 per cent...

Fears that the world economy may slide into a double-dip recession appeared to have subsided in the past fortnight as global financial markets absorbed the shocks of the first ever downgrade of United States government debt....

After a half-century operating mostly under the radar, BH Paints West Indies Limited is ready to go bold in one of its regional markets.BH will double its production and warehousing capacity in Jamaica and expand into...

Coldwell Banker Jamaica Realty is projecting that real estate sales brokered by the agency could hit J$4 billion to J$5 billion this year.The realty office was already halfway to its target in the first quarter, according...

Russian bailiffs searched BP's Moscow office Wednesday because of a minority shareholder's lawsuit, the company said, calling the action an illegal raid.BP's Russian spokesman Vladimir Buyanov told The Associated Press the company was cooperating with...

The Bank of Italy warned yesterday that the government's revamped austerity plan must not cut back on its original €45.5 billion (US$65.9 billion) proposal to raise taxes and cut spending, and said even with the plan, Italy risked economic...

For the week ending August 26, some 36,793,682 shares valued at US$5,868,259, crossed the floors of the six stock exchanges across Caricom, with 37 stocks advancing, 44 declining and 43 remaining unchanged.Caribbean Packaging was the volume leader ...

The Caribbean Catastrophe Risk Insurance Facility (CCRIF) Monday said that while Hurricane Irene had caused damage in six regional countries, none would receive financial compensation under their existing insurance policies....