Brazil's finance minister says the hunt for a new head of the International Monetary Fund is being rushed. He says a temporary leader should be chosen...
The company that got stuck with General Motors Company's debts and bad assets will begin selling stock and warrants in the new GM, according to a regulatory filing yesterday...
Digicel Group went after rival Claro Jamaica as an acquisition target because of its 3G network, but plans to move almost immediately to upgrade the mobile platform to 3G+ in line with planned projects...
Airlines clashed with regulators and pilots yesterday as passengers braced themselves for days of uncertainty and chaos caused by a volcanic-ash cloud being blown across the British Isles.Britain's weather service said the ash from Iceland's Grimsvotn...
Ireland, whose economy has been among the worst hit by the global financial crisis, on Tuesday threw its support behind French Finance Minister Christine Lagarde to become the next director of the International Monetary Fund....
Beer maker Red Stripe Jamaica reported a five per cent gain in net profit for the third quarter, despite weak sales. The company made J$126 million of profit at the quarter ending March, up from J$120 million in the 2010 period.Sales declined by two per...
The Barbados-based Caribbean Development Bank (CDB) has approved more than US$19 million for projects in several regional countries.The board of directors meeting here ahead of the CDB's board of governors annual meeting on Wednesday approved...
Pan Jamaican Investment Trust, which seven months ago increased its shareholding in its investment and property subsidiary First Jamaica Investments, is now seeking to amalgamate both companies after which First Jamaica will be delisted from the Jamaica Stock Exchange....
Lascelles deMercado and Company has selected a replacement for William McConnell from among its current board members.And Paul Henriques is now tapped to become managing director of flagship subsidiary ...
Last week we began a look at when to sell a stock.We grouped the reasons for selling a stock into two categories, personal reasons and market related reasons and highlighted two market related reasons that would be considered good sell signals...
Shareholders of Pan Caribbean Financial Services voted Tuesday to increase the company's authorised share capital by an additional 60 million units, a move the company said positions it to take advantage of acquisition opportunities."Pan Caribbean has...
The Antigua-based regional airline, LIAT, Tuesday remained mum on its efforts to downsize its workforce after a memo from the airline gave workers until Friday to accept a voluntary separation employment package (VSEP)...
Chinese investors have promised to plough US$200 million into Grenada's struggling economy after wrapping up a one-week visit to the island. The investors have also announced a follow-up trip in August to present specific project proposals...
The Financial Services Commission (FSC) has ordered securities and fund management company Intertrade Finance Corporation not to undertake any new business, and its subsidiary Intertrade Investments to stop conducting securities trading....
HOW MUCH do you really care about getting a job, making money, or advancing in your current career? Even if your answer is 'just a little', you cannot afford to make any of the following simple, but potentially costly email mistakes....
Germany's closely watched index of business optimism held steady in May, a reassuring sign for the eurozone's largest economy amid turbulence from debt crises in Greece, Portugal and Ireland.
Ford Motor Company sees a big chance to snatch buyers away from Japanese automakers battling production delays caused by the March earthquake and tsunami, and vehicles in the works could help deliver it growth in a long-difficult market.
Officials say they have found the cause of a foul odour that sickened about 300 people and forced the closure of schools and government offices in the US Virgin Islands last week.
Greece's main opposition leader bluntly refused Monday to back new austerity measures designed to tackle the crippling debt crisis, arguing they would only bring further recession, despite the European Union's insistence for cross-party support.
HUNDRED OF Jamaican men and women gave up their jobs and took out loans for a chance to live the Canadian dream. Now, they fear that their hopes of living and working in the North American country have become a nightmare....
IN AN effort to provide practical and theoretical solutions for business development, Mint Management and Finance Services is to host 'Katalyxt' conference 2011.According to the organisers, 'Katalyxt' plays on the idea of a catalyst, which stimulates...
Question: I was travelling as the sole front-seat passenger in a taxi last September. Another PPV ran into the back. I visited the doctor and he said that I may develop a whiplash injury even though I was not having any of the symptoms that day.
A younger brother of Vene-zuelan President Hugo Chávez has been appointed to a key post in the government ministry in charge of electricity.Argenis Chávez is taking on the job of national commissioner for power generation.The state-run Venezuelan News...
After 13 quarters or more than three years of consecutive contraction in the Jamaican economy, the Planning Institute of Jamaica (PIOJ) has confirmed GDP growth of 1.5 per cent for the period January to March, officially signalling the end of the recesssionary period.
Health care provider Jamaica-Med says its MemberFirst partnership with COK Sodality Co-operative Credit Union has opened up a window for Jamaicans who previously could not afford emergency medical care overseas.
