Business

Car-rental businesses the world over are challenged by slow markets and high-operating costs. Local rental outfit, Island Car Rentals, has been thrown a lifeline of sorts through a deal with its international counterpart...

Even as the Government has put the brakes on a range of waivers and tax concessions to various industries, companies and individuals, pending a comprehensive over-haul of the policy, the head of one car-rental firm is putting up a stout defence of the...

My on-time, ultra-competent and dependable refrigeration technician turned up on a visit to commission an ice maker in a GE machine and greeted me thus:"Morning, Prof, mi haffi tell you wha mi see las week.

The little-known body that organised this summer's stress tests into 91 banks in the European Union (EU) bloc defended itself on Wednesday against charges that its assessment was not rigorous enough...

Gordon 'Butch' Stewart's Appliance Traders Limited (ATL) was slated to ink a deal last night with global appliance giant, Panasonic Corporation, for the introduction to Jamaica and other Caribbean markets of new product lines including energy-saving...

FirstCaribbean International Bank Jamaica Limited got slammed in the third quarter ending July 31 by lower revenues and loans gone bad, but squeaked by with a near negligible J$337,000 of profit - J$3.71 million with tax credit...

Regional airline, LIAT, saying it would boost trade between islands, on Monday announced an all cargo scheduled freighter service to begin October 5.LIAT's Director of Ground Operations, Cargo and Quikpak, Wilbur Edwards...

European Union nations agreed to create new financial oversight institutions Tuesday, hoping to prevent a repeat of the government debt crisis that nearly left Greece bankrupt and brought the European banking...

Jamaica Broilers Group Limited has started feeling the effects of its depressed ethanol business on sales and its bottom line, which shed more than J$200 million of profit in the first quarter. Sales for the poultry group fell by close to a billion...

On a hilltop overlooking Caracas, dozens of shacks made of wood scraps and corrugated zinc have risen among tall weeds - a new slum tacked on to an old one as the poor face harder times in Venezuela. Gloria Luna moved here believing President Hugo...

Lasco plans to invest J$300 million of the more than J$400 million equity capital that it hopes to raise from an offer shares in three companies, to expand its manufacturing arm at White Marl in St Catherine. The company also plans to grow its financial...

Venezuelan President Hugo Chávez's top economic adviser predicted Sunday that Venezuela's oil-dependent economy will begin within several months to emerge from its worst recession in years.