Business

Christopher DaCosta, group general general for sales at ATL Automotives, says that while ATL Motor's next shipment of Honda vehicles is already on the water and headed for Jamaica, he remains concerned about supplies for May, June and July....

Japan's government said the cost of the earthquake and tsunami that devastated the northeast could reach US$309 billion, making it the world's most expensive natural disaster on record.

After government reports gave a mixed read on the United States economic recovery, oil prices on Thursday settled close to where they began.The Commerce Department said companies trimmed orders for manufactured goods in February...

Toyota Motor Corp, the world's biggest automaker, said Thursday it expects to halt production at some of its factories in North America due to shortages of parts from Japan following a devastating earthquake.Toyota's move adds to the spreading economic...

Elon Beckford, chairman of the defunct Horizon Merchant Bank, is blaming Jamaica's central bank for the high default rate on loans in the 1990s, saying its high-interest rate policy put too big a squeeze on capital.Horizon Merchant Bank, which was...

The Clinton-Bush Haiti Fund (CBHF) said on Wednesday that it would provide US$3 million of the US$47 million of financing for affordable home mortgages for Haitian citizens for the first time in the impoverished, French-speaking Caribbean country's...

Capital & Credit Merchant Bank Limited will redeem its preference shares on April 13, and delist from the Jamaica Stock Exchange a day later.The merchant bank has approximately 42.7 million shares listed on the JSE.CCMB's December financial...

RockResorts, the new managers of Half Moon in Montego Bay, is offering the luxury hotel's international clientele discounts to stay at the 400-acre resort, which now...

Ireland's prime minister has instructed that the Moriarty Report be referred to the Director of Public Prosecutions. The report issued this week alleges that a minister of government, Michael Lowry, had facilitated Denis O'Brien in securing a mobile licence...

UC Rusal, the owners of the Windalco alumina refineries here, is insisting on financial concessions for reopening its Kirkvine facility that are, in most cases, more than twice as good as those it received for restarting its Ewarton works...

WESTERN BUREAU:The Caribbean Tourism Organisation (CTO) says it will continue to push for reform of the UK imposed Air Passenger Duty (APD), even though Britain yesterday announced a freeze on the controversial tax....

Oil prices rose above US$104 per barrel at midday Tuesday as traders continued to focus on a series of international crises that will drive world supply and demand this year.Benchmark West Texas Intermediate for May delivery added $1.18 at US$104.27 per...