Business

Sagicor Life Jamaica's sale of its general insurance business poured just under a billion dollars of cash into the company at the second quarter, offering the closest valuation to date of the deal struck with Bahamas First...

I did write a column last week. Here, more or less, is how it ended: "The word 'hypocrite' did not exist in Jesus' time, but the Bible's chroniclers use it in Matthew 7:5: 'Thou hypocrite, first cast out the beam...

Determined to wring greater value from its investment holdings and maximise gains from its$42 billion worth of assets to pay for its core operations, the Urban Development Corporation...

Proven Investment Limited (PIL) said Thursday that it has sealed the deal for acquisition of Guardian Asset Management (GAM) Jamaica Limited.

Robin Russell, whose family owns the popular Pier One Restaurant and Bar, is deepening his own involvement in the food business, with a new venture on Gloucester Avenue in Montego Bay.He will be running the restaurant at Altamont West, a hotel property...

A judge who questioned whether Barclays Bank PLC was getting off too easily nonetheless approved a deal on Wednesday that will likely enable the financial institution to avoid prosecution on allegations that it engaged in US$500 million in illegal...

Trinidad and Tobago and Venezuela have signed off on the terms of a new pact for the exploration of hydrocarbon reserves in their waters, an agreement that Port-of-Spain trumpets as opening "new doors...

What if you graduated from the University of the West Indies (UWI) or University of Technology with a Bachelor of Arts degree and 18 months later were still unable to find a job?

Caribbean Cement Company Limited has announced a shutdown of production for the second time this year - the first as safeguard against damage from civil unrest, the second due to an underperforming market.The company, which now has four months ...

A project is on the drawing board to install weather stations at several locations across Jamaica, and train persons to use them, with the aim of providing early warning to farmers and planning authorities on impending storms, floods and droughts....

The tax reform project, due to be wrapped up next, will separate the systems for domestic taxes and those linked to international trade, while three tax departments are slated to merge.Under the Tax Administration Reform Project, ongoing since January...

AIC Barbados Limited has signalled its intention to redeem another US$19 million owed to bondholders but is not disclosing the source of the cash for the payment.The final US$60 million should be redeemed within another 16 months....