Business

German Chancellor Angela Merkel warned Tuesday against putting too much weight on rating agencies' assessments of new bailout proposals for Greece that will see private creditors share part of the burden.

Bank of Nova Scotia Jamaica Limited says it got court approval last Friday to pitch to shareholders a plan to redeem and cancel its preference shares. The 100 million prefs were issued at J$1 per unit in 2007 as a bonus...

The Jamaica Stock Exchange (JSE) expects its new United States dollar platform launched on Tuesday to attract local and foreign listing and consequently reduce flight of foreign capital.The US dollar-denominated market platform will create a secure...

Caribbean Cement Company Limited has put a five per cent mark up on bagged cement, but insists that the adjustment was small enough to maintain prices below year-ago levels.On July 11, the ex-factory price of Carib Cement Plus moves from J$525 to J$550.

The Financial Sector Adjustment Company (FINSAC) has realised a net J$122 million from the sale of real estate and other assets, including a 1931 Buick motor car, that were owned by former Century National...

Barbados says it will not be a mortician and fight over "a corpse called regional integration" as the war of words continue over the licensing requirement for the region's first ever low-budget airline, REDjet.

Jamaica's Ambassador to the United States, Audrey Marks, has charged the membership of the American Chamber of Commerce of Jamaica (AmCham) to seize the window of opportunity to utilise the resources of the Jamaican Embassy in Washington, DC, and join with other entrepreneurs...

The Opposition People's National Party (PNP) last Saturday said it is seeking answers from the Government for marked increases in two contracts under the Jamaica Development Infrastructure Programme (JDIP). A media release issued by the party noted that...

The Bank of Jamaica (BOJ) has cut interest rates by a quarter point to 6.5 per cent on its 30-day certificate of deposit.

Real estate developer Albert 'Al' Dwoskin will this week launch into phase two of The Club at Reading Heights, a secluded hill-top property that is priced for the wealthy.

Question: I was involved in an accident on February 14 this year.