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Business

Published:Friday | July 15, 2011 | 12:00 AM

New portfolio for Dixon - André Dixon has been named director of sales and marketing for Island Entertainment Brands, the operating company for entertainment brands...

Published:Friday | July 15, 2011 | 12:00 AM

Imagine you produce mangoes in Mali. Imagine there are no tariffs to imports of mangoes into the European Union, United States and China. Imagine now that you have no laboratory or trained experts in Mali....

Published:Friday | July 15, 2011 | 12:00 AM

The following statement was issued Wednesday by Finance Minister Audley Shaw on the outstanding December and March quarter IMF reviews.The agreement on the settlement of the outstanding public-sector wage claims...

Published:Friday | July 15, 2011 | 12:00 AM

KEN TOMLINSON, the receiver for Western Cement Company Limited, is soliciting offers for the assets of the company, including land and kiln, even as its previous owners wrangle with creditors in court over the forced...

Published:Friday | July 15, 2011 | 12:00 AM

Abu Dhabi-based TAQA made a US$7.6-million (J$652 million) profit on the sale of its energy assets in Jamaica and the Caribbean. The March quarter financial disclosure supports a statement made last week by Jamaica Public Service Company ...

Published:Friday | July 15, 2011 | 12:00 AM

Lascelles deMercado and Company says a scheduled J$3-billion dividend payment will not hurt its liquidity but notwithstanding the timing avoided calling it a bailout for parent CL Financial currently in default on its...

Published:Friday | July 15, 2011 | 12:00 AM

GraceKennedy Limited has struck deals with at least 60 farmers, who supply its factories with more than 45,000 pounds of pepper and escallion weekly...

Published:Friday | July 15, 2011 | 12:00 AM

Testy United States lawmakers pointed fingers at one another and President Barack Obama on Thursday as negotiations over raising the national debt limited entered a perilous endgame.

Published:Friday | July 15, 2011 | 12:00 AM

Gold prices continued to climb Thursday after Federal Reserve Chairman Ben Bernanke tempered hopes that a new stimulus package would be approved anytime soon.

Published:Friday | July 15, 2011 | 12:00 AM

A senior government minister says he is prepared to engage Opposition Leader Dr Kenny Anthony in a legal battle over a controversial oil and gas exploration agreement, known here as the 'Grynberg Matter'.

Published:Friday | July 15, 2011 | 12:00 AM

Conoco Phillips, the nation's third-largest oil company, said Thursday that it will split itself into two separate publicly traded companies and its CEO and Chairman Jim Mulva plans to retire once the transaction is complete.

Published:Friday | July 15, 2011 | 12:00 AM

The Italian Senate on Thursday approved a crucial €70-billion (US$99 billion) austerity package aimed at convincing investors that the Eurozone's third-largest economy won't be swept into the debt crisis.

Published:Friday | July 15, 2011 | 12:00 AM

The Guyana economy is expected to show modest growth during the first half of 2011, Finance Minister Dr Ashni Singh has said.

Published:Friday | July 15, 2011 | 12:00 AM

The regional airline, LIAT, and several Caribbean trade unions have reached an agreement regarding the closure of the airline's ticketing offices.

Published:Thursday | July 14, 2011 | 12:00 AM

TREASURE BEACH, St Elizabeth: THE VISION of making Treasure Beach, St Elizabeth, the premier sports tourism destination in the Caribbean is one step closer to reality as the Bank of Nova Scotia Foundation has donated $1.5 million to the Breds Treasure...

Published:Thursday | July 14, 2011 | 12:00 AM

In a stunning retreat, Rupert Murdoch's News Corp media empire dropped its bid Wednesday to take over full control of British Sky Broadcasting, amid a political and legal firestorm over phone hacking at one of its British newspapers....

Published:Wednesday | July 13, 2011 | 12:00 AM

William Mahfood, managing director of Wisynco Group, says domestic sales of imported energy drinks have dipped since the imposition of a new excise tax.He is now positioning his product, Boom, to enter five new export markets by 2012 to grow sales for...

Published:Wednesday | July 13, 2011 | 12:00 AM

The Guyana government says the country has moved from a highly indebted country with a multibillion-dollar debt in 1992 to a middle-income country with five consecutive years of economic growth.

Published:Wednesday | July 13, 2011 | 12:00 AM

Three people, including a senior supervisor, are said to be assisting police in their investigations into a multimillion-dollar fraud uncovered at Guyana's Ministry of Finance.

Published:Wednesday | July 13, 2011 | 12:00 AM

More than 1,300 investors went after shares in the Caribbean Producers Jamaica initial public offering, Mayberry said Tuesday as it announced the allotment of shares on subscriptions amounting to five times the volume on offer...

Published:Wednesday | July 13, 2011 | 12:00 AM

Whoever coined the term 'square peg in a round hole' must have been thinking of entrepreneurs-at-heart who are forced to work for others and employees-at-heart who attempt to go into business for themselves...

Published:Wednesday | July 13, 2011 | 12:00 AM

Vincentian Prime Minister Dr Ralph Gonsalves has called on his regional counterparts to "cool it" as Barbados, Jamaica and Trinidad and Tobago remain at odds over REDjet's market entry.

Published:Wednesday | July 13, 2011 | 12:00 AM

Prime Minister of Dominica Roosevelt Skerrit says his administration has no plans to re-open the Canefield Airport to commercial traffic because it is not economical."Every dollar we make at the airport, we are spending 25, so it is not a viable...

Published:Wednesday | July 13, 2011 | 12:00 AM

Fears grew that Italy and Spain would be dragged into the debt crisis as European ministers suggested Tuesday that Greece may be allowed to default on part of its debt, a move that could cut the eurozone's bailout bill but also shake financial markets...

Published:Wednesday | July 13, 2011 | 12:00 AM

The British government on Tuesday joined in calls for Rupert Murdoch to shelve his ambition of taking full control of British Sky Broadcasting as a widening investigation of phone hacking and bribery at his newspapers fed the backlash against...

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