Business

A push to digitise operations, accelerated by the full onset of the COVID-19 pandemic, has coincided with a number of exits from brokerage Mayberry Investments Limited. Three top managers and an assistant vice-president have exited the company...

Unemployment in the United Kingdom spiked higher in August, a clear sign that the jobless rate is heading towards levels not seen in 30 years, as a government salary-support programme ends this month and new local restrictions are imposed to...

Pending regulatory approval, Billy Craig Insurance Brokers and Maritime General Insurance Brokers, MGI, will merge their operations to form BCMG Insurance Brokers Limited. Billy Craig Insurance CEO, William Craig, says the merger is a non-cash...

The Group of 20 nations, representing the world’s biggest economies, agreed Wednesday to extend the suspension of debt payments by an additional six months to support the most vulnerable countries in their fight against the coronavirus pandemic....

Cutting it close, the Supreme Court will hold hearings on whether Key Insurance Company can hold a virtual annual general meeting (AGM), one day ahead of its convening. Chairman Don Wehby thinks it might be too close, and might mean a postponement...

OP-ED CONTRIBUTION: INTERNATIONAL FINANCE No event since World War II’s end has had as profound a global impact as COVID-19. The pandemic has triggered a public health and economic crisis on a scale unseen in generations, and has exacerbated...

The International Monetary Fund, IMF, foresees a steep fall in international growth this year as the global economy struggles to recover from the pandemic-induced recession, its worst collapse in nearly a century. The IMF estimated Tuesday that the...

The Court of Appeal has ordered Capital Solutions, an investment adviser and securities dealer, to pay US$647,053 to two persons who placed investments with the company several years ago. The lawsuit filed by Marietta Rizza and Roberto Rizza 11...

Cash movements above $1 million are generally flagged in Jamaica under anti-money laundering rules, and now the Financial Investigations Division, FID, which polices financial crimes, says it now has the capacity to track such transactions in real...

ADVISORY COLUMN: SMALL BUSINESS Dear readers, I have a few questions I’d like you to consider thoughtfully, especially in these unprecedented COVID19 times. If you fell on hard times because of the pandemic and could not find your next meal, to...

ADVISORY COLUMN: PERSONAL FINANCIAL ADVISER To be financially literate is to have the financial knowledge and skills to make effective financial decisions consistently. The financially literate knows and practices how to make, spend, save and...

British Airways’ last two Boeing 747 planes at the airline’s historic base of London’s Heathrow Airport made their final flight Thursday, the fleet’s retirement having been brought forward by the coronavirus pandemic. To mark the occasion, the two...