Business

Starbucks Corp is set to debut its latest caffeinated concoction - flavoured instant coffee.
The coffee giant plans to announce Monday four new, slightly sweetened varieties of its successful Via instant brew....

Scotia Group Jamaica Limited says it will be refocusing on core business to grow its customer base, while making it more convenient for clients to do business with the bank as it de-emphasises trading and investment activities...

A partnership of Dominican Republic businessmen has bought that country's oldest daily newspaper and its radio stations, officials announced Monday.The Dominican Republic's Central Bank formalised the sale of Listin Diario to a group of 20 wealthy...

With the drastic loss of jobs of tens of thousands of Jamaican workers over the past eighteen months, many people are finding it hard to recover.Even for those with the buffer of a redundancy package, the uncertainty can be unnerving."I was devastated...

Hewlett-Packard (HP) Company said Monday its board has authorised the repurchase of US$10 billion in shares. The announcement comes as the personal computer maker is involved in a bidding contest with rival Dell Inc...

Jamaican Teas Limited made J$306 million of sales in its nine-month period ending June 30, from which it made operating profit of J$56 million.Sales grew by J$74.75 million or 32 per cent relative...

Jamaica Money Market Brokers (JMMB) is planning to float a new preference share offer in five months to raise J$2.5 billion, a month after it is expected to pay out a similar sum to redeem two other issues that mature December 14.The brokerage said it...

Intel Corp is buying the wireless-communications unit of Germany's Infineon Technologies AG for US$1.4 billion in cash, the second deal in as many weeks that allows the chipmaker to spread its wings beyond the struggling persona computer...

Many times we have read in the papers about the super profits some organisations make; we have heard CEO's brag about the profits they are making and the success of their organisations. We have also seen individual...

Community policing in the Sunshine City of Portmore, St Catherine, received a boost on Friday with the provision of office furniture by FirstCaribbean International Bank, to the 100 Man Police Station in Greater Portmore....

The Bank of Jamaica has revised fiscal-year inflation targets downward, to between 6.0 and 8.0 per cent on a more optimistic outlook on commodity prices, and expectations that the local economy will pick up steam in the months ahead.

Scotiabank Jamaica has seen a significant jump in credit- and debit-card fraud, which hit J$150 million over nine months to July. The higher incidence of card fraud, said Bruce Bowen, president and chief executive officer of Scotia Group Jamaica Limited, is an industry-wide problem.