Berlin’s much-delayed new airport has a new opening date: October 31, 2020. That is nine years later than the date envisioned when construction started in 2006. The operator of the German capital’s airports announced the date on Friday. The new BER...
German automaker Daimler said on Friday that it plans to cut at least 10,000 jobs worldwide by the end of 2022. It plans not to fill some vacant posts and to offer severance packages in Germany to reduce administrative jobs. The company had said on...
Stocks fell broadly on Wall Street Friday following a shortened trading session a day after the Thanksgiving holiday that left the market slightly below its record highs. Technology, healthcare and industrial stocks accounted for a big slice of the...
In mid-2016, even with unemployment falling and the economy growing modestly, James Bullard, head of the St Louis Federal Reserve Bank, was concerned. Months earlier, with Bullard’s support, the Fed had raised rates for the first time in seven...
Their plight no longer hits the headlines, but the shocking personal stories continue to emerge. The treatment of an estimated 30,000 members of the Windrush generation of Caribbean migrants who helped make modern Britain continues to shame a...
The joint advocacy committee formed between Jamaica’s two microfinance associations trust that its voice is loud enough to get the Government to change its stance on linking micro lending rates to Treasury bill yeilds, as well as remove some...
Could you make a mistake and offer the wrong gift to employees during the holiday season? What if it’s based on outdated assumptions that do more harm than good? Here are some findings from recent research to ensure that your organisation makes the...
Question: I just read your column in The Gleaner of October 20, 2019. I found it very informative for someone who wants to understand the buying and selling of shares. I have some questions. If I buy shares and do not sell them, would I lose?...
‘Firefighter (says) punish parents who leave kids unsupervised’. So screamed a headline in this newspaper on November 18. These comments were made by Jamaica Fire Brigade’s Area Four Assistant Commissioner Floyd McLean. His remarks were stated “in...
QUESTION: I was looking through the Wednesday, November 27, 2019, issue of The Gleaner and noticed a page featuring an article by you. A friend of mine is frustrated at her job as a teacher of mathematics and is desirous of making a career change...
Terminal Link, the joint venture entity with CMA CGM which won the Jamaican government’s 30-year concession agreement to operate the Kingston Container Terminal, will be acquiring some of the assets the France-based shipping company is divesting to...
Jamaica Beverages Limited, JBL, a manufacturer of juice and milk products, has put up the business and its assets for sale to settle a court-awarded judgment amounting to US$4.5 million, or $560 million. In a public notice last week, the joint...
Shares in Sagicor Financial Corporation, SFC, were suspended in three markets this week to fast-track two deals and the insurance company’s shares trading on the Toronto Stock Exchange, TSX. Small shareholders in SFC will get their holdings...
Nissan is investing ¥33 billion (US$303 million) in its flagship auto plant in Japan’s Tochigi prefecture in a first roll-out of a production system geared towards electric vehicles. Nissan Motor Company Executive Vice-President Hideyuki Sakamoto...
This year, I didn’t attend the October annual meetings of the International Monetary Fund, IMF, and the World Bank in Washington, DC. Instead, I paid close attention to reports of the gathering and talked to people who were there whom I respect....
Pope Francis has tapped a Bank of Italy executive to take over the Vatican’s financial intelligence unit following a scandal that resulted in the Vatican being suspended from an international anti-money laundering network. Carmelo Barbagallo has...
B everage company Jamaican Teas Limited, JAMT, doubled profit for the year ending September, despite a big dip in revenue. However, the company already sees a pathway to recovering lost ground on top line sales, including anticipated flows of...
World Wide Web inventor Tim Berners-Lee released an ambitious rule book for online governance – a bill of rights and obligations for the Internet – designed to counteract the growing prevalence of such anti-democratic poisons as misinformation,...
Real estate stock 138 Student Living Jamaica, 138SL, climbed more than 15 per cent for the month since its fourth-quarter results surprised the market, with a reported profit of $72.2 million, but then lost some of its momentum on Thursday....
Jetcon Corporation’s September quarter was its best year to date, but the company would have to pull off a spectacular finish if it is to match its full-year performance in 2018. That would take earnings of about $47 million in the December...
Stationery & Office Supplies Limited, SOS, which trades in office furniture, expects a positive fourth quarter as it strategises to keep expenses flat after a slowdown in September...
The EU Commission President said Wednesday her ambitious agenda at the head of the European Union’s executive will centre on the “existential issue” of battling climate change. Ursula von der Leyen told the EU plenary in Strasbourg, France, shortly...
Property and investment conglomerate PanJam Investment Limited needs new cash to finance the build-out of two big construction projects. These are the second phase of its ROK Kingston hotel and its still-unnamed business hotel and condominiums at...
