Business

Montenegro (AP): Montenegro will offer its citizenship to wealthy businessmen who invest more than €500,000 (US$662,650) in the tiny Adriatic country, the government said yesterday.

India (AP): India's Tata Motors posted quarterly profit of 19.9 billion rupees (US$428.4 million) yesterday, turning around a loss as reviving global demand for its Jaguar and Land Rover brands made up for rising commodities costs....

Jamaica's Anti-Dumping and Subsidies Commission (ADSC) says it will need more time to determine whether cement imported from the Dominican Republic has been dumped and has given itself an additional 45 days within which...

I work locally for a well-known international organisation but I have never travelled before. A temporary assignment has come up in the UK and I am being encouraged to apply for it. I am sure the organisation will guide me through the process for a visa if I apply and am successful. However, I would still like to know what is involved...

Russian Prime Minister Vladimir Putin said Monday that this year's wheat harvest will be off more than a third, down to 60 million tonnes. Last year, the world's third largest grain exporter harvested 97 million tons of wheat and exported 21.4 million tonnes.

Numerous investment opportunities are emerging in the local agricultural sector, according to industry experts who warn that critical challenges hurting the sector have to be tackled swiftly...

University and college application and enrolment timetables locally have been altered by economic conditions, as prospective students, faced with growing inability to pay, wait until the last minute to apply, and institutions, confronted by dwindling student numbers, continue eleventh-hour registration appeals.

Local distributorship Medical Disposables and Supplies Limited (MDS) has inked a deal as co-distributor for an Indian pharmaceutical manufacturing company, Dr Reddy's Laboratories Limited.

Pan Caribbean Financial Services Limited (PCFS) has seen a 38 per cent drop in profit, to J$231 million, resulting from a decline in net-interest income and in the second quarter ending June 30.

The crushing impact of high interest rates in the late 1990s forced the Jamaica Agricultural Development Foundation (JADF) to change gear from what was dictated by its original mandate to what Chief Executive Officer Vitus Evans describes as project development.

Nothing, it seems, has gone right for Caribbean Cement Company Limited in the second quarter.

Last Thursday, James Bullard, president of the Federal Reserve Bank of St Louis, came out with a view that's gaining ground among members of the Federal Reserve Board.