Business

QUESTION: I would like to know how best to approach this matter. There is a credit card from a major bank from 2011 that’s still showing up on my credit report. The card was issued in 2011 and expired in 2015. The original balance of $260,000 on...

Your company may be one of those that build their strategic plan around an individual’s ideas. But even if the ‘Big Man’ is a brilliant entrepreneur-founder, is it a good idea to include a host of other stakeholders in the process? If the current...

After a prolonged period in which Washington’s economic role and political influence in Latin America and the Caribbean has been unrivalled, fundamental questions are being asked about whether the development of institutions less dominated by the...

ADVERTORIAL: MC SYSTEMS In just a few years Human Resources Management (HRM) could have very little to no paper as part of its process. This on-going transition poses questions and opportunities to make businesses more efficient and productive....

Bonds are supposed to be the safe part of any nest egg, but they’re getting brutalised. High-quality US bonds have lost more than 10 per cent so far this year, as of Monday, on pace for one of their worst years in history. The investors feeling it...

It’s been three years since Seprod shuttered the Golden Grove factory in St Thomas and announced its exit from sugar, but it’s still having to deal with the 3,500 acres of cane lands it holds under lease. Last year, amid conversion of the land to...

MFS Acquisition Limited, the newly formed company that’s taking over SSL Venture Capital Jamaica Limited, SSLVC, has placed an offer on the market for all the outstanding shares, but has made it clear it wants no more than a 79.08 per cent interest...

Argentina, on Tuesday, joined a growing list of countries trying to woo remote workers by implementing a temporary visa targeted at digital nomads, who can work anywhere in the world as long as they have a good internet connection. Interior...

Pacific Airport Group, GAP, operator of Jamaica’s two largest airports, announced that it recently hedged the risk associated with its US$58 million in loans to develop the airport in Montego Bay, via an interest rate swap. The capital projects at...

Ukraine stopped the flow of Russian natural gas through one of the hubs that feed Western European homes and industry on Wednesday, sending a fresh wave of energy jitters through Europe. The price of gas jumped – then fell. Ukraine’s natural gas...

Amazon has fired two employees with ties to the grassroots union that led the first successful US organising effort in the retail giant’s history. The company confirmed Tuesday that it fired Michal, or ‘Mat,’ Cusick and Tristan Dutchin of the...

Pfizer is starting to put its COVID-19 cash influx to use by spending US$11.6 billion to venture deeper into a new treatment area. The New York vaccine and cancer drug maker said Tuesday it will use cash on hand to buy the remaining portion of...