Business

Pointing to Jamaica's improved economic environment and the bank's strong position in the domestic market, the regional rating agency, CariCRIS, has upgraded a notch, its rating on a notional US$75 million debt issue by National Commercial Bank (NCB)....

LONDON (AP): Falling house prices and slowing retail spending are stoking fears that Britain's recovery from a deep recession is losing momentum, although the bad news was tempered ...

Impacted significantly by a strengthened Jamaican dollar that weakened, at least on the books, the value of the foreign currency assets, Mayberry Investments (MIL) reported a $10.9 million loss in the quarter to the end of June...

LONDON (AP): Fancy a credit-crunch keepsake or a meltdown memento?Artworks, objects and office signs from the European offices of Lehman Brothers are being auctioned to help pay creditors of the failed investment bank...

The head of Jamaica's sole wheat-processing facility says there is no immediate supply threat or price spike to domestic consumers, despite global worry over the possibility of a shortfall because of a drought in Russia and floods in India...

Seprod Limited, the foods and household manufacturer that has recently been investing heavily in agriculture, is to spend more than $600 million on capital projects this year, including ventures into bee and sheep rearing, the company's managing director...

A wheat stockpile in India that could feed 210 million people for a year is starting to spoil because the government lacks enough warehouses to store it - a lightning rod for local discontent that could send ripples through the world market for the grain.

The government of this oil-rich twin-island republic yesterday said it had applied for membership in the Brussels-based Egmont group of Financial Intelligent Units (FIUs).

There are many people going through various storms today. These storms can range from financial hardship to marriage and family breakups! Whatever situation you are going through there is no lack...

The Jamaica Dairy Development Board (JDDB) says the one per cent levy recently imposed on the farm-gate price of milk will have minimal impact on consumer prices even as it generates an estimated J$64 million in its first year to finance projects to help resuscitate the island's struggling dairy industry.

Travellers used to getting a free wireless Internet connection on land are not willing to pay for one at 30,000 feet (9,000 metres). Wireless Internet service on airlines has not caught on, mostly because of the price.

Operator of the Baskin Robbins franchise in Jamaica, Richard Burgher, is looking to expand the ice-cream operation locally through franchises now up for sale.