Business

Goldman Sachs Group Inc reported a big hit Tuesday from a one-time British tax on bonuses.
Reporting second-quarter earnings, the investment bank disclosed it would set aside $600 million to pay a one-time United Kingdom bonus tax.

Call centres in Jamaica are ramping up operations in an area that has blossomed since the recession, bad debt collections. Affiliated Computer Services (ACS) which operates from Montego Bay, is currently hunting for an operations manager...

Local brewer, Red Stripe, is seeking to recover from what company officials have described a "significant volume hit" in the last two years which they blame on the general economic climate, Government's tax policies...

Caribbean Cement Company has admitted to selling export cement at cheaper prices than it does in its home market, but insists that the practice does not amount to dumping, as defined under international...

Singapore said on Monday it has reached open-skies agreements with Jamaica and Barbados, its first with any CARICOM country.

Former United States President Bill Clinton says he will dedicate the next three years of his life in helping to rebuild Haiti after the devastating January 12 earthquake.The United Nations Special Envoy...

Members of the Caribbean Shipping Association (CSA) have developed a 10-point deliverables plan to guide the progress of the Regional Integrated Maritime Strategy (RIMS). RIMS is the long-term synergistic plan of action for the maritime sector...

St Kitts and Nevis is planning a new 17 per cent sales tax and a 10 hotel levy to boost revenue, taking a page from other Caribbean nations that have overhauled their tax schemes as tourism replaces sugar as the main source of income....

what are some of the things that can be done now to spur agricultural growth in Manchester?...

Seeking to resuscitate sagging earnings from credit products, local banks have sought to jazz up their credit-card offerings in a market that is now flat. But as the card revamp takes shape as part of a broader credit portfolio revamp, rates are being held fairly high by all the banks, with some institutions even using punitive pricing and other policies to keep the lid on bad credit.

With interest rates trending downwards and government paper not as attractive as before, businessman Steven Whittingham is suggesting that investors think about investing in private companies as an asset class.

The National Export-Import Bank of Jamaica (EXIM), a financier of export companies, says a US$23 million short-term credit line introduced last year at eight per cent interest has been totally consumed, but demand is unabated.