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Business

Published:Thursday | August 19, 2010 | 12:00 AM

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...

Published:Wednesday | August 18, 2010 | 12:00 AM

The Dominica government on Monday outlined a new package of assistance, amounting over time to about EC$4 million, to help revitalise the banana industry as well as the agricultural sector.To start, the Agricultural Industrial...

Published:Wednesday | August 18, 2010 | 12:00 AM

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...

Published:Wednesday | August 18, 2010 | 12:00 AM

Caribbean Petroleum Corp (Capeeco) has filed for bankruptcy protection nearly a year after the tanks at its fuel depot exploded, forcing the evacuation of hundreds of people.The company has at least US$500 million in debt and seeks to sell all its...

Published:Wednesday | August 18, 2010 | 12:00 AM

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?

Published:Wednesday | August 18, 2010 | 12:00 AM

Security gains and capitalist-friendly investment rules are spurring an unprecedented mining and oil boom in Colombia, a pro-business outpost on an increasingly leftist continent.Investors are deeming...

Published:Wednesday | August 18, 2010 | 12:00 AM

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 ...

Published:Wednesday | August 18, 2010 | 12:00 AM

Veteran broadcaster and lecturer at the University of the West Indies (UWI), Fae Ellington, has been appointed interim manager of the Universal Media Company which operates News Talk 93 FM.

Published:Wednesday | August 18, 2010 | 12:00 AM

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....

Published:Wednesday | August 18, 2010 | 12:00 AM

First Regional Co-operative Credit Union (FRCCU) is bucking the trend of home-loan providers, holding mortgage rates firm despite interest rates on bank loans heading south.First Regional, with 10 locations spread over two parishes - St Mary and St Ann...

Published:Wednesday | August 18, 2010 | 12:00 AM

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...

Published:Wednesday | August 18, 2010 | 12:00 AM

Christopher Reid of Jamaica Air Shuttle has raised an objection with the Jamaica Civil Aviation Authority on plans by a rival Turks and Caicos carrier to service certain Caribbean routes that it also plans to fly....

Published:Wednesday | August 18, 2010 | 12:00 AM

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....

Published:Wednesday | August 18, 2010 | 12:00 AM

Trinidad Cement Limited has overshot by more than US$10 million agreed limits on its short term borrowings, but has secured the forgiveness of its creditors in anticipation of the cement maker getting back on track with its...

Published:Wednesday | August 18, 2010 | 12:00 AM

Global Gateways Solutions, provider of back-office customer service and collections services is adding 100 workers to service expanded contracts.Operations manager O'Neil Brown, said the call centre company which started with 15 workers and one client...

Published:Wednesday | August 18, 2010 | 12:00 AM

Canadian fertiliser producer Potash Corp of Saskatchewan Inc said on Tuesday it has rejected an unsolicited takeover bid from BHP Billiton Limited, worth about US$38.49 billion, as "grossly inadequate."...

Published:Tuesday | August 17, 2010 | 12:00 AM

Trinidad's petroleum company said Friday that crews are cleaning up a spill that seeped into rivers, but denied claims by fishermen that the oil had reached the ocean.Petroleum Company of Trinidad...

Published:Tuesday | August 17, 2010 | 12:00 AM

Japan lost its place as the world's No.2 economy to China in the second quarter as receding global growth sapped momentum and stunted a shaky recovery.

Published:Monday | August 16, 2010 | 12:00 AM

With the bee-keeping industry valued in excess of $1.3 billion and currently experiencing growth of 40 per cent, the Ministry of Agriculture says there is room to diversify the relatively untouched by-products and value-added markets....

Published:Monday | August 16, 2010 | 12:00 AM

Jamalco, owned jointly by Alcoa and the Government of Jamaica, is the recipient of the Northern Caribbean University (NCU) President's Medallion for its outstanding service and commitment to nation building and for being a responsible corporate...

Published:Sunday | August 15, 2010 | 12:00 AM

Just because mobile phones are becoming more like small computers doesn't mean you should have to do a lot of typing on them.That is the thinking behind the latest update to Google Inc's popular Android software for mobile phones.The latest version of...

Published:Sunday | August 15, 2010 | 12:00 AM

Having cemented its position as the leader in the local mobile market, Digicel has now set its sights on revolutionising the personal Internet market with its residential '4G' WiMax broadband service, whose...

Published:Sunday | August 15, 2010 | 12:00 AM

PayPal wants to make it easier to buy low-cost digital goods online, whether it is a single article on a news website or virtual items in a video game.Scott Thompson, the online payment service's president, said Thursday that PayPal plans to roll out a...

Published:Sunday | August 15, 2010 | 12:00 AM

Question: Your two-part article did not make any reference to critical-illness insurance. Why? Isn't this type of coverage one of the ways in which a family can also protect itself against some...

Published:Sunday | August 15, 2010 | 12:00 AM

Free budgeting sites continue to grow in popularity. One of the most well-known, Mint.com, says it now has more 1.2 million active users.

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