Business

DENBIGH KRAAL, Clarendon: AT THE height of the midday sun, Denroy Henry is busy reaping his one acre of tomatoes, but according to him, he is only doing it for the love of farming and not for financial rewards.

Signalling a lack of progress on the two-year-old issue, the governments of the Organisation of Eastern Caribbean States (OECS) on Wednesday said there were no easy solutions to dealing with the crisis brought about by the financial problemse...

Gayle Nelson, attorney-at-law representing businessman Bentley Rose, one of the aggrieved witnesses appearing before the FINSAC enquiry, has criticised the former finance minister for exempting foreign-owned company...

Trinidad Cement Limited (TCL) says FTI Consulting Canada ULC has been commissioned as independent adviser to the TCL creditor committee under the group's debt-restructuring programme.

All companies have obligations to the society and environment in which they operate that go beyond simply following the law.Business for Social Responsibility, a world leader in corporate social responsibility research and consulting, defines corporate...

The Jamaican economy maintained its sluggish trend during the last quarter of 2010, some due to the continuing effects of Tropical Storm Nicole, as well as the continued global downturn. Gross domestic product contracted...

Carreras Limited said its sales volumes slipped in the third quarter as smokers continue to retreat from its licit higher-priced cigarettes while embracing black market offerings. Company revenue fell seven per cent to J$3.47 billion in the quarter ending December 2010...

Under government pressure, Ford Motor Company said on Wednesday it will recall nearly 150,000 F-150 pickup trucks to fix airbags that could deploy without warning...

Oil prices dropped Thursday for the first time in nine days after the International Energy Agency (IEA) said the rebellion in Libya may have cut oil production less than originally feared. The International Energy Agency said that the violent uprising...

Oil prices hit US$100 per barrel Wednesday as forces loyal to Libya's Moammar Gadhafi clashed with protesters, expanding their control over parts of that OPEC nation.In afternoon trading benchmark West Texas...

The head of General Motors' Brazil operations is stepping down.According to a statement on the company's website, Denise Johnson is leaving GM's Brazil division for unspecified personal reasons.The Tuesday statement did not elaborate.The note is signed...

The United States government has opened a preliminary investigation into reports of stalling engines in more than 40,000 Toyota Highlander hybrids.