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Business

Published:Thursday | June 16, 2011 | 12:00 AM

The British government intends to force banks to separate their retail operations from their more volatile investment banking, and it is putting up for sale the first bank nationalised during the credit crisis...

Published:Wednesday | June 15, 2011 | 12:00 AM

Car-rental company Avis Budget Group Inc said Tuesday it will take over Avis Europe in a US$1 billion deal, raising the possibility that Avis Budget may back away from a bidding war for American rival...

Published:Wednesday | June 15, 2011 | 12:00 AM

Why do human resource personnel refuse to hire someone with a master's degree in management, especially during this period of recession?My thinking is that, you hire someone like that now; train that person and offer a fair...

Published:Wednesday | June 15, 2011 | 12:00 AM

The Canadian parent company of the Belize Electricity Limited (BEL) said it has received no purchase proposal from the Dean Barrow government, amid signals from the administration that it is considering a takeover of the utility.Prime Minister Barrow...

Published:Wednesday | June 15, 2011 | 12:00 AM

More than half of the chief executives of large American companies said they expect to spend and hire more over the next six months despite slower economic growth.The Business Roundtable said Tuesday that 51 per cent of CEOs polled expect to increase...

Published:Wednesday | June 15, 2011 | 12:00 AM

Mario Draghi, the likely next head of the European Central Bank, on Tuesday stuck to the bank's hard line against letting Greece default on its borrowings as a solution to its crushing debt...

Published:Wednesday | June 15, 2011 | 12:00 AM

Permanent Secretary in the Ministry of Industry, Investment and Commerce Reginald Budhan (right) makes a point about a Jamaica National Agency for Accreditation (JANAAC) banner to (from left) Dr Michael Supersaud of the Caribbean Regional Organisation...

Published:Wednesday | June 15, 2011 | 12:00 AM

The Inter-American Development Bank (IDB) said it has approved a project to help public and private institutions in Latin America and the Caribbean develop a sustainable biojet fuels industry employing different kinds of local organic feedstock....

Published:Wednesday | June 15, 2011 | 12:00 AM

A prominent banker who was credited with modernising Haiti's banking system was fatally shot in his home, police said Monday.Guiteau Toussaint, 56, was killed Sunday night by several armed men who broke into his home in Vivy Mitchel, an affluent...

Published:Wednesday | June 15, 2011 | 12:00 AM

Finance Minister of Suriname Wonnie Boedhoe has resigned citing personal circumstances, according to a statement from the office of President Desi Bouterse."In consultation with Mrs Boedhoe we will be examining how she will be deployed and how ...

Published:Wednesday | June 15, 2011 | 12:00 AM

In investment circles the beta of a stock refers to a number describing the relationship between the return on a particular investment and the overall market...

Published:Wednesday | June 15, 2011 | 12:00 AM

Stressing that digital media is becoming increasingly ripe for exploitation, The Gleaner Company has told its shareholders that it is positioning itself to take advantage of its online properties...

Published:Wednesday | June 15, 2011 | 12:00 AM

THE Jamaica Civil Aviation Authority (JCAA) will triple its profits this year, according to finance ministry data, but will be relying on a new fee payable by airline passengers.The new Passenger Service Charge should have taken effect June 1, but the...

Published:Wednesday | June 15, 2011 | 12:00 AM

A shortage of raw material has pushed Petrojam Ethanol Limited out of the business of manufacturing fuel-grade ethanol into imports and distribution, a shift that is projected to produce a...

Published:Wednesday | June 15, 2011 | 12:00 AM

Digicel Group Limited, a provider of mobile and data storage services, has clarified its report on the performance of its revenues, saying two markets have been stripped from its reporting of group...

Published:Wednesday | June 15, 2011 | 12:00 AM

Barbados-based FirstCaribbean International Bank has snapped up shares in local conglomerate GraceKennedy Limited to become a Top 10 shareholder with a near J$500 million portfolio....

Published:Wednesday | June 15, 2011 | 12:00 AM

The food and shipping conglomerate Jamaica Producers Group admitted Tuesday that "complicated" coffee factors have prolonged negotiations for the acquisition of Mavis Bank Coffee Factory (MBCF), the island's largest processor of Blue Mountain coffee.

Published:Tuesday | June 14, 2011 | 12:00 AM

Six months after tragedy took their only child, Rose and Vincent Smith have established a five-year scholarship fund for a student at the Caribbean Maritime Institute (CMI) in his memory. The scholarship, valued at $100,000, will be awarded annually to a student enrolled ...

Published:Tuesday | June 14, 2011 | 12:00 AM

Four new financial companies have joined a rival Canadian-only C$3.6 billion bid for the TMX Group that could block a proposed merger of the Toronto and London stock exchanges.Maple Group Acquisition Corp announced Sunday that Desjardins Financial...

Published:Tuesday | June 14, 2011 | 12:00 AM

Venezuelan President Hugo Chávez said Sunday he is quickly recovering after undergoing surgery in Cuba last week for a pelvic abscess and noted that medical tests have shown no signs of any "malignant" illness....

Published:Tuesday | June 14, 2011 | 12:00 AM

The marriage of square burgers and roast beef sandwiches is about to end.Wendy's/Arby's Group Inc said Monday that it will sell a majority stake in its struggling Arby's brand to Roark Capital Group, the Atlanta private equity firm...

Published:Monday | June 13, 2011 | 12:00 AM

WESTERN BUREAU:MINISTER OF Agriculture and Fisheries Dr Christopher Tufton, says the Government will be moving to bring the current fees charged to those caught fishing illegally in Jamaican waters on par with other...

Published:Monday | June 13, 2011 | 12:00 AM

Commonwealth Secretary General Kamalesh Sharma arrived in Jamaica yesterday to begin the first leg of a six-day Caribbean visit with burning issues, involving the Commonwealth's youths, topping his agenda....

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

Saudi Arabia is still the boss when it comes to oil.

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

Security experts say there are several steps you can take to protect yourself from hackers: Check your credit report regularly to make sure stolen information isn't being used to open new accounts.

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