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Business

Published:Sunday | December 29, 2019 | 12:34 AM

A California law that makes it harder for companies to treat workers as independent contractors takes effect next week, forcing small businesses in and outside the state to rethink their staffing. The law puts tough restrictions on who can be...

Published:Sunday | December 29, 2019 | 12:34 AM

A company that operates McDonald’s restaurants in Latin America has been fined $254,000 after the electrocution deaths of two employees who were cleaning a restaurant kitchen in Peru. Peru’s National Superintendency for Labour Rights on Thursday...

Published:Sunday | December 29, 2019 | 12:34 AM

A rookie NFL player has paid off the lay-away debts for five dozen people at a shopping centre store in Florida. Ulysees Gilbert, a linebacker for the Pittsburgh Steelers, on Monday paid off thousands of dollars in debts for 60 people at a...

Published:Sunday | December 29, 2019 | 12:33 AM

Global stock markets moved mostly higher on Friday amid optimism that U.S.-Chinese trade relations are improving and on early reports that online Christmas shopping was up over last year in the U.S. European markets rose in midday trading and Wall...

Published:Sunday | December 29, 2019 | 12:00 AM

ADVISORY COLUMN: PRODUCTIVITY Francis wade There are many reasons being given for our lack of economic growth and corporate profitability. I suggest a different one, aptly named by columnist and friend Dennis Chung: “The Hole in the Fence Theory...

Published:Sunday | December 29, 2019 | 12:00 AM

Hi Yan, First let me tell you how much your columns inspire me. I look forward to reading them because your advice is practical, and it is helping business people. I am now asking for your help because 2019 has so far been my worst year in...

Published:Sunday | December 29, 2019 | 12:22 AM

Mark Myers, the managing director of Restaurants of Jamaica (ROJ), has earmarked $1 billion for the build-out of at least 10 KFC and Pizza Hut brands combined across the island for 2020. Over the past 12 months, ROJ has constructed five new...

Published:Sunday | December 29, 2019 | 12:15 AM

(This story was first published online last Friday, December 27) The Central Bank of The Bahamas (CBB) has introduced a digital version of the Bahamian dollar, starting with a pilot phase in Exuma and extending in the first half of 2020 to Abaco...

Published:Sunday | December 29, 2019 | 12:14 AM

Turkish President Recep Tayyip Erdogan on Friday unveiled prototypes of a domestically produced electric car, putting him closer to fulfilling a long-held dream of building Turkey’s first “national” automobile. Erdogan showcased the SUV and sedan...

Published:Sunday | December 29, 2019 | 12:13 AM

Automaker Volks-wagen is accelerating its move into battery-powered cars, saying it will reach its goal of one million electric cars per year two years earlier than planned. Friday’s announcement came as European automakers are under pressure to...

Published:Sunday | December 29, 2019 | 12:13 AM

The St Lucia Hotel and Tourism Association (SLHTA) says the accommodation head tax will go into effect from April 1 next year. It said that the tax would be charged to guests at check-in and that it is designed to ease the impact of the tax on...

Published:Sunday | December 29, 2019 | 12:13 AM

The Dominica Manufacturers Association (DMA) on Friday said that it is confident of the future “as we step into the decade of the 2020s”, predicting that the decade “will be one of increased development of Dominica’s products”. In a New Year...

Published:Friday | December 27, 2019 | 12:49 AM

The Guyana government said the Barbados-based Shell Western Supply and Trading Limited has been selected as the company which will buy the country’s first three million barrels of oil as a result of the introductory phase of the Liza crude grade...

Published:Friday | December 27, 2019 | 12:47 AM

President Donald Trump likes to joke that America’s farmers have a nice problem on their hands: They’re going to need bigger tractors to keep up with surging Chinese demand for their soybeans and other agricultural goods under a preliminary deal...

Published:Friday | December 27, 2019 | 12:46 AM

American Airlines workers at Newark’s airport who claim in a lawsuit they’ve been shorted on overtime pay can’t sue as a class, a federal appeals court ruled this week. The three-judge panel’s decision published Tuesday reversed a New Jersey judge...

Published:Friday | December 27, 2019 | 12:45 AM

A rare environmental success story is unfolding in waters off the US West Coast. After years of fear and uncertainty, bottom trawler fishermen – those who use nets to scoop up rockfish, bocaccio, sole, Pacific Ocean perch and other deep-dwelling...

Published:Friday | December 27, 2019 | 12:44 AMHuntley Medley - Senior Business Writer

It has not been an easy ride, but Grantley Stephenson says, on a whole, he has thoroughly enjoyed his 47 years working in shipping and shipping-related activities since he was made supervisor for Alcan bauxite company’s Port Esquivel pier in St...

Published:Friday | December 27, 2019 | 12:43 AM

In Britain and other countries like Australia and Canada, the day after Christmas is a secular national holiday known as Boxing Day. Here’s a brief look at some theories about how the holiday got its name and how people celebrate it: No need for...

Published:Friday | December 27, 2019 | 12:42 AM

It was something, the silence. Nothing but the puff of her breath and the scuff of her slip-on shoes as Madeleine Mukantagara walked through the fields to her first patient of the day. Piercing cries once echoed down the hill to the road below....

Published:Friday | December 27, 2019 | 12:40 AM

Turkey’s highest court on Thursday ruled in favour of Wikipedia, saying the Turkish government’s two-year ban on the online encyclopedia constitutes a violation of freedom of expression, the state-run news agency reported. Turkey blocked Wikipedia...

Published:Friday | December 27, 2019 | 12:40 AM

Global markets edged higher on Thursday though trading was subdued after the Christmas holidays. Chinese markets surged after the government announced a relaxation of residency restrictions for small and medium cities that boosted property stocks....

Published:Friday | December 27, 2019 | 12:40 AM

Would you feel comfortable disclosing your bank account information on a personal loan application? What about your work history? Your college major? That’s what it could take to borrow money from some loan companies that consider alternative data...

Published:Friday | December 27, 2019 | 12:24 AM

Paula Barclay, who joined Barita Investments Limited (BIL) a year ago, will lead the fast-growth company following the resignation of Ian McNaughton. “A part of the succession planning for the group, Paula Barclay was appointed to the position of...

Published:Friday | December 27, 2019 | 12:21 AMKarena Bennett - Business Reporter

Barry Taylor spent months hunched over his kitchen counters experimenting with chemicals to formulate a treatment for the long-term lungs disease, asthma. The idea of developing the asthma treatment was first conceptualized while Taylor carried out...

Published:Friday | December 27, 2019 | 12:21 AM

Limners and Bards Limited, which trades as The LAB, beat market expectations which pushed the stock higher, but the company itself amassed a pile of cash which grew fourfold in the year. The market pushed the stock 6.5 per cent higher in the week...

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