Business

The upgrades in its corporate credit ratings to CariA- and CariA by regional rating agency CariCRIS has Milverton Reynolds, the managing director of the Development Bank of Jamaica, DBJ, even more optimistic about plans to tap the market for...

American employers sharply stepped up their hiring in June, adding a robust 224,000 jobs, an indication of the economy’s durability after more than a decade of expansion. The strength of the jobs report the government issued on Friday could...

QUESTION: I am seeking your advice on how to obtain a loan to purchase an investment property. I was made redundant a few years ago, so I currently don’t have a job, but I have a property that is rented. My income is rental income, and I need to...

Just over a week ago, President of Cuba Miguel Díaz-Canel, said that starting this month, all state-employed workers will receive the first of what is likely to be several salary increases. His widely reported announcement responded to shared...

The turnaround plan submitted by Key Insurance will cull risky motor policies as an important strategy to return to profit in 2020. Key Insurance will cull risky motor policies under a turnaround plan that is meant to return the general insurer to...

India’s government said Thursday that the economy is expected to grow at seven per cent in 2019-20, up from a five-year low of 6.8 per cent in the past year. Finance Minister Nirmala Sitharaman presented the economic report in Parliament a day...

Authorities in Gibraltar said they intercepted on Thursday a supertanker believed to be breaching European Union (EU) sanctions by carrying a shipment of Iranian crude oil to war-ravaged Syria, while a senior Spanish official said the operation was...

Twenty-one stocks, representing about a quarter of ordinary listings on the Jamaica Stock Exchange (JSE) made double-digit gains between January and June, reflecting a continuation of the market’s bull run. The stocks gained between 12 per cent...

Fifteen years after selling out his gas station network to French-owned Total Jamaica Limited, Roylton DeCambre’s company National Fuels and Lubricants has filed a lawsuit that claims seven of the properties taken over by Total were never...

Boeing said Wednesday that it will provide an “initial investment” of US$100 million over several years to help families and communities affected by two crashes of its 737 Max plane that killed 346 people. The Chicago-based company said some of the...

The two contenders to be Britain’s next prime minister both said Tuesday that they would unblock the Brexit impasse by scrapping a contentious Irish border provision that has hamstrung efforts to approve a divorce agreement with the European Union...

Cattleman Laurentino Cortizo was sworn in as Panama’s president Monday, saying he will work during his five-year term to boost the economy and bring transparency in contracting for public works projects. The 66-year-old won an election two weeks...