Business

The final agreement that would consummate the Caribbean Airlines Limited (CAL) takeover of the cash-strapped Air Jamaica has been delayed. Media reports in Trinidad said the April 30 deadline...

Automobile traders are dismissing any suggestion that the reduction in import duties announced by the Government last week may be at variance with Jamaica's energy policy, partly, they say, because the high-volume importation that characterised the sector....

Chrysler has turned its first profit since leaving bankruptcy two years ago.The company reported first-quarter net income of US$116 million and revenue of US$13.1 billion on Monday.The profit is a milestone in Chrysler's long road back to health after...

Stocks lost some of their early gains and turned mixed yesterday despite the death of Osama bin Laden, several strong earnings reports and a major drug industry acquisition.The Dow Jones industrial average rose 27 points, or 0.2 per cent, to 12,839 in...

The Government has taken aim at businesses, especially in the retail trade, which it claims are using pieces of paper as customer receipts in order to avoid the general consumption tax (GCT)....

Time and seasons are critical to understand in business and in managing a nation's economy. Even the time in which a person seeks to win an election is important. One who merely has a natural perspective cannot predict the outcome of an economy...

The European Union's competition watchdog is investigating the practices of some of the world's largest banks, as well as a clearing house and a financial data firm, in the market for credit default swaps (CDS).

Tourism in Latin American and the Caribbean was last estimated as a US$58-billion industry two years ago, and about 74 million visitors vacationed in the region last year, the most current data indicate.

Finance Minister Winston Dookeran has recommended that the entire board of the state-owned Caribbean Airlines Limited be dismissed and replaced with one headed by former BWIA chief executive officer Conrad Aleong.

Budgets are as much about plotting the course for the future as they are about financing the immediate fiscal year.

Director of professional services at the Mona School of Business (MSB), Dr William Lawrence, has called for urgent modifications to the Companies Act to help resuscitate Jamaica's small business sector.

The Office of Utilities Regulation (OUR) said Friday that the Jamaica Public Service Company Limited (JPS) was the sole bidder for the supply of 480 MW of generating capacity,...