Business

It took one minute for the Cargo Handlers Limited initial public offering (IPO) to be oversubscribed.

Prime Minister Bruce Golding on Thursday reiterated his administration's commitment to the diversification of the country's fuel source, even as he defends the Government's selection of liquefied natural gas (LNG) as the alternative energy source.

"I feel like a father whose children have all done well and have exceeded my expectations," proclaimed a grinning Omar Davies, member of parliament for South St Andrew. Davies was speaking at 'The Journey', a celebration of a decade of excellence in the South St Andrew Education Development Programme.

The telecommunications landscape in The Bahamas is set to become the next battleground for market share.Cable and Wireless Communications (CWC) said Thursday that that it had signed a non-binding agreement with the Bahamian...

European regulators are tackling a puzzle that could shift the balance of power on the Internet: Is Google stifling competition by juicing its search results to favour its services over its rivals?Hoping to find an answer, regulators announced...

Chief executive officer of CARICOM Airways, Rory Chin-e-kwia, on Tuesday rejected claims by St Vincent Prime Minister Dr Ralph Gonsalves that his airline, which is seeking rights to land in Kingstown, is operating illegally, and has countered that his...

The following is excerpted from a speech given by Minna Israel, president of the Jamaica Bankers' Association (JBA), to the Rotary Club of St Andrew, on Tuesday, November 23.In recent weeks, you would have been hearing heated debates in several circles...

Chairman of Scotiabank Jamaica, Robert Pitfield, has given up his board positions in the global banking group's Trinidad operations. Pitfield, who oversees Canada's international banking segment from his offices in Toronto, has led the Jamaican board since 2003.

Investment firm Money Masters Limited will open new offices in Mandeville and Montego Bay in the first quarter of 2011 in keeping with a plan crafted with major shareholder, COK Sodality Cooperative Credit Union...

Even after finalisation of the US$113-billion EU-IMF bailout package to Ireland earlier this week, European financial markets were still nervous that the debt crisis could spread to other vulnerable countries on the continent - Italy, Portugal, Spain.

Stafford Burrowes says he plans to use the bulk of the $240 million he hopes to raise by taking Dolphin Cove public to pay down expensive debt and upgrade facilities of the attraction company. Burrowes who, at present, directly owns 88 per cent...

Finance Minister Winston Dookeran said Monday that he is disappointed by the decision of the CLICO Policy-holders Group to take legal action against the six-month-old Trinidad and Tobago government.Last week, Dookeran said...