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Business

Published:Wednesday | June 22, 2011 | 12:00 AM

Would you be interested to know the single greatest obstacle standing between you and your ideal income and lifestyle, whether you're unemployed, self-employed or working for someone else?Writer Napoleon Hill calls...

Published:Wednesday | June 22, 2011 | 12:00 AM

Business leaders in Venezuela warned that the government's plans to ration electricity because of recurring power outages could curb production and thereby slow Venezuela's economic recovery. Venezuela's largest business chamber, Fedecamaras...

Published:Wednesday | June 22, 2011 | 12:00 AM

Mounting a large-scale bias claim against a huge company will be more difficult in light of a Supreme Court decision that found no convincing proof of discrimination on which to allow a class action against retail giant Wal-Mart on behalf of as many as 1.6 million women....

Published:Wednesday | June 22, 2011 | 12:00 AM

Jamaica recorded the second highest unemployment rate in the Americas in 2010 at 12.4 per cent following its third year of job contraction, according to a just released report by a regional UN body.Some 30,600 Jamaicans...

Published:Wednesday | June 22, 2011 | 12:00 AM

Trinidad & Tobago Attorney General Anand Ramlogan is promising to file 'one new case' every month against persons implicated in corruption under the former People's National Movement government that was swept out of office in 2010...

Published:Wednesday | June 22, 2011 | 12:00 AM

JetBlue Airways says it has become the largest carrier in Puerto Rico, surpassing American Airlines.JetBlue said it has secured the top spot as it announced new flights to the US Virgin Islands, starting December 15.The airline says it grew 38 per cent...

Published:Wednesday | June 22, 2011 | 12:00 AM

Suriname has named economist Adeline Wijnerman as its new finance minister, replacing Wonnie Boedhoe who resigned over the last weekend citing personal reasons.Wijnerman, 46, a career civil servant, previously served...

Published:Wednesday | June 22, 2011 | 12:00 AM

Local box manufacturing company AMG Packaging and Paper Company Limited is to go public with an initial offering of shares priced to raise J$57.8 million.The company will make 21.5 million shares available, of which 14.4 million or 67 per cent will be...

Published:Wednesday | June 22, 2011 | 12:00 AM

JamaicaN Redevelopment Foundation Inc (JRF) has recovered a little more than half of the bad debts it was sold by the Financial Sector Adjustment Company (FINSAC) almost a decade ago, but says there is almost another J$15 billion left to be collected...

Published:Wednesday | June 22, 2011 | 12:00 AM

The Urban Development Corporation says the formulation of real estate investment trusts (REITs) is now its preferred vehicle for the redevelopment of downtown commercial property assets."Although not actively pursued here, the time has come for this,"...

Published:Wednesday | June 22, 2011 | 12:00 AM

Barbados-based insurance giant Sagicor Financial Corporation plans this week to raise up to US$160 million (BDS$320 million) via a rights issue and share subscription open to existing shareholders, including new minority partner IFC.The cash raised in...

Published:Wednesday | June 22, 2011 | 12:00 AM

FirstCaribbean International Bank, the largest regionally listed bank is to be rebranded to reflect the name of its parent company, Canadian Imperial Bank of Commerce.FirstCaribbean, which was formed in 2002 out of a merger between the Caribbean...

Published:Wednesday | June 22, 2011 | 12:00 AM

The Jamaica Civil Aviation Authority (JCAA) has indicated that it will take another two months to put the new air passenger fee into effect, and that the charge is less than a third of the figure previous reports suggested.The fee, from which JCAA...

Published:Wednesday | June 22, 2011 | 12:00 AM

FirstCaribbean International Bank said the J$500 million of shareholdings in local conglomerate GraceKennedy Limited was acquired on behlaf of a single client, who is now the seventh largest GK shareholder.The regional bank's clarification of ownership...

Published:Wednesday | June 22, 2011 | 12:00 AM

Shareholders yesterday approved a resolution that effectively allows Pan Jamaican Investment Trust to begin the absorption of subsidiary First Jamaica Investments fully into its operations and create a mega-investment firm...

Published:Wednesday | June 22, 2011 | 12:00 AM

Strong gains in the insurance and investments sector and among Caribbean conglomerates saw stocks end the week of June 13 to June 17 higher, as 28,874,187 shares, valued at $5,717,127, crossed the floors of the six stock exchanges across Caricom...

Published:Tuesday | June 21, 2011 | 12:00 AM

On June 25, the world will say a special thank you to its seafarers by celebrating the 'Day of the Seafarer'. The worldwide campaign, which is being spearheaded by the International Maritime Organisation (IMO), will say thanks to the world's...

Published:Tuesday | June 21, 2011 | 12:00 AM

THE EDITOR: I write in reference to the article entitled 'LIME to enter business of 'physical' security' which appeared in The Sunday Gleaner on June 19, 2011. While we understand the angle of the article which quotes...

Published:Tuesday | June 21, 2011 | 12:00 AM

Europe sought Monday to put a firewall between the financial turmoil ravaging Greece and the destinies of Ireland and Portugal, the two other eurozone countries that have already received international aid. The region's finance ministers signed off on...

Published:Monday | June 20, 2011 | 12:00 AM

Lately, there have been numerous scandals and exposures of perverse sexual activities among political and business officials, even among entertainers and sports personnel. Sadly, this is a million dollar business, particularly for the various media houses and marketing groups...

Published:Monday | June 20, 2011 | 12:00 AM

Dressed in a silk Dolce and Gabbana shirt, plumed with fiery patterns, black jeans and earth-toned cowboy boots, Winston Mitchell makes the point unequivocally that he is a man with his own sense of style."Hardworking man fi look good," the 41-year-old...

Published:Monday | June 20, 2011 | 12:00 AM

Delivering the closing remarks, Marlene Malahoo Forte, state minister in the Ministry of Foreign Affairs, cautioned diaspora foundations that wish to raise funds to get their house in order before doing so."...

Published:Monday | June 20, 2011 | 12:00 AM

WESTERN BUREAU: Data released by the Sugar Industry Authority (SIA) daily factory operations report for June 16, 2011, have revealed that there has been increase in sugar production....

Published:Monday | June 20, 2011 | 12:00 AM

A historical signing of a Memorandum of Understanding (MOU) by the Jamaica Stock Exchange (JSE) and the United Kingdom-based Caribbean Enterprise Network (CEN-UK) is expected to see millions of dollars in investment flowing into the exchange...

Published:Sunday | June 19, 2011 | 12:00 AM

The issue of ownership of intellectual property created in the course of employment has become increasingly important to employers particularly as employees become more and more involved in the innovation processes within organisations.

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