Business

General Motors is suing Fiat Chrysler, FCA, alleging that its cross-town rival got an unfair business advantage by bribing officials of the United Auto Workers union, UAW. The lawsuit, filed Wednesday in United States District Court in Detroit,...

Boeing’s 737 Max jet got another boost at the Dubai Airshow on Tuesday, this time with an order from Kazakhstan’s newly launched budget carrier as the Chicago-based company works to try and win United States regulatory approval to get the airplane...

To quote Alice in Wonderland: “I’m afraid I can’t explain myself, sir. Because I am not myself, you see.” I find myself in this same wonderland as Alice as it relates to the subject of general consumption tax, or GCT, on services, as this always...

Having consumed a meat company this year, Everything Fresh Limited is near ready to gobble up another target. The food distribution company, which trades as EFresh on the junior stock market, is eyeing a company that fits within its current line of...

Start-up distributor Bar Central has landed a ­contract with large conglomerate GraceKennedy (GK) worth $150 million over two years. The unlikely alliance will see two-year-old Bar Central distributing consumer items for 97-year-old GK in bars and...

The adjusted age limit for imported pre-owned vehicles comes after years of lobbying by auto dealers, who say one of the immediate beneficiaries will be the agricultural sector. The older the unit that the market can procure for sale inside Jamaica...

The Federal Reserve says that corporate debt remains at historically high levels, but overall, the United States’ financial system is resilient, a view in sharp contrast to the problems that led to the 2008 financial crisis. In its twice-yearly...

The United States trade representative is hoping to broker a deal with the European Union to send more lobsters to Europe, but has received a chilly reception so far. The American lobster industry is in the midst of a challenging time in part...

A long-standing precept of diplomacy has been that nations and their representatives do not intervene directly in the internal politics of other nations. It is an approach based on the long-established principle of state sovereignty and self-...

A construction company engaged by the Ministry of Education to build a school in Annotto Bay, St Mary, almost 21 years, ago is suing the Attorney General of Jamaica for $10.6 billion over the aborted contract. The value of the claim equates to more...