Business

Florida's orange crop is expected to be slightly higher than last season's.Federal agriculture officials said Tuesday that Florida will produce 139 million boxes of oranges during the 2010-2011 growing season.The final forecast for the season is down by...

The total sum netted so far by FINSAC Limited from the sale of assets formerly owned by ex-chairman of Century National Bank, Donovan Crawford, and connected entities, has been revised upwards to J$339 million.Errol Campbell, general manager of FINSAC,...

Economic optimism among Jamaican firms dipped for a second quarter, but businesses remained positive that their financial prospects and profit margins would improve in the year ahead.However, consumer...

Suresh Sookoo, chief executive officer of Caribbean Banking, Royal Bank of Canada, said Monday that the absorption of RBTT into the larger international financial services network that RBC operates would not be at the expense of what he described ...

United States President Barack Obama declared on Monday there would be no deal on raising the government's debt limit if Republicans won't compromise, and he said he would not sign a short-term extension - raising the stakes on volatile negotiations...

LONDON (AP): Rupert Murdoch touched down in London yesterday to take charge of his media empire's phone-hacking crisis as his best-selling Sunday tabloid, the News of the World, published its last...

Minister of Finance Audley Shaw says he has requested a shortlist of projects from the Development Bank of Jamaica in which the Chinese can invest.The request follows a trip he made to China about two weeks ago during which he invited Chinese investors...

QUESTION: I have read an article that you have written and I would like for you to give me some advice on investing in bonds.- T.

The move in late June by members of the International Energy Agency (IEA) to release 60 million barrels of oil from their strategic reserves knocked US$10 per barrel off the two leading benchmark crude prices - West Texas...

The Caribbean Producers Jamaica (CPJ) initial public offering was shut down within a minute of subscription after more than J$2 billion worth of bids.The offers were five times the J$426 million target.Lead broker, Mayberry Investments Limited, said it...

Lasco Financial Services Limited says its payday loan portfolio has quadrupled in the past eight months - surprising the company, whose target had been a more modest 30 per cent growth over the medium term.The loans,...

Has the African Caribbean and Pacific Group of nations, the ACP, a future beyond 2020, the date that the Cotonou Convention expires?Judging from the responses to this and related questions at a recent European Centre for Development Policy Management...