Published:Wednesday | November 21, 2018 | 12:00 AM
Toys R Us and Bon-Ton may be gone but they have not been forgotten.Companies like Target and online mattress company Casper are creating playbooks to...
Published:Wednesday | November 21, 2018 | 12:00 AM
The Noble Group will move its stake in Jamalco along with other non-core assets, to a new subsidiary as part of a restructuring plan to turn around the loss-making company.The group will operate two...
A nearly silent, drone-sized aircraft has shown it can fly, thanks to a scientist who was inspired by watching Star Trek as a child.With neither propellers nor jets, the airplane gets its thrust by...
Nissan Motor Company fired Carlos Ghosn as chairman Thursday, curtailing the powerful executive's nearly two-decade-long reign at the Japanese automaker after his arrest for alleged...
More than a year ago, the Bank of Jamaica, BOJ, reported that the Government's crowding the private sector out of the capital markets was at an end, but the International Monetary Fund, IMF, is now...
A eurozone bailout fund has approved the implementation of a major debt relief plan for Greece that it says would provide the crisis-scarred country significant savings over several...
Group CEO of GraceKennedy Limited Don Wehby says the conglomerate has renewed an arrangement with Western Union (WU),ongoing for some five years now, through which it facilitates currency trades.It...
JAMAICA: In Thursday 's trading session the following reflect the movement of the JSE Indices: The JSE Combined Index advanced by 3,447.46 points (0.95 %) to close at 367,798.86. The JSE Index advanced by 3,523.47 points (0...
Published:Wednesday | November 21, 2018 | 12:00 AM
While the fall in oil prices does not yet match the 2014-2016 slump to US$26 per barrel, the current decline should soon make itself felt through the global economy.The international crude benchmark, Brent, has fallen under US$65 per barrel from a...
Published:Wednesday | November 21, 2018 | 12:00 AM
JAMAICA: In Wednesday's trading session the following reflect the movement of the JSE Indices: The JSE Combined Index declined by 4,022.05 points (1.09 %) to close at 364,351.40. The JSE Index declined by 4,672.58 points (1...
Muse360, a creative company founded by Andre Burnett, is carving out a different type of operation under which the agency operates as a financial backer of creative talents who become its business partners.It wants to make the sector 'investible' in...
International remittance company MoneyGram has been fined in its home market for failing to crack down sufficiently on fraudulent money transfers within its global network, but Jamaican agent Lasco Financial Services Limited says there is no...
Dominican Republic is challenging the jurisdiction of an arbitration panel to hear the dispute with regional investor Michael Lee-Chin, who has accused the government of "unlawful expropriation of multimillion-dollar investments" in that country.On...
The Council for Trade and Economic Development (COTED), has suspended the common external tariff on petroleum products imported from outside the region by CARICOM member states, for a period of one year, effective November 16.The decision, taken at...
The long-anticipated move by the Government of Jamaica to shift some of its payments to a mobile money platform made headway this week with the invitation for expressions of interest for payment portals for the Programme of Advancement Through...
One of France's largest banks, Societe Generale, has agreed to pay US$1.3 billion in penalties for violating United States trade sanctions on Cuba, authorities announced Monday.US Attorney Geoffrey S. Berman in New York said it was the second-...
American prosecutors unsealed an indictment on Monday against a Venezuelan media tycoon close to President Nicol·s Maduro's government, accusing him of paying US$159 million in bribes to top officials in exchange for lucrative foreign-currency deals...
Brazil's President-elect Jair Bolsonaro named pro-market reformer Roberto Castello Branco, as future chief executive of the country's state-controlled oil company, Petrobras, on Monday.Castello Branco, a former member of Petrobras' board, has...
Seeking to quell market fears, chairman of Sagicor Real Estate X Fund, Richard Byles, said the billion-dollar loss reported in the September quarter was not an indictment of the company's performance, but rather reflected a dip in the price of Playa...
Stocks were skidding up to midday Tuesday as weak results from retailers and mounting losses for big technology companies pushed the market back into the red for the year.Energy companies are slumping because of a five per cent drop in the price of...
Environmental groups claimed on Tuesday that 10 utility companies are responsible for the majority of premature deaths caused by emissions from coal-fired power plants in Europe.In a report on the health impacts of coal emissions across Europe, five...
Nissan Chairman Carlos Ghosn, who became one of the auto industry's most powerful executives by engineering a turnaround at the Japanese manufacturer, was arrested Monday and will be fired for allegedly under-reporting his income and misusing...
Published:Friday | November 9, 2018 | 12:00 AMSteven Jackson
Local production house ListenMi Caribbean will start production on an animated version of the 1980s sitcom Lime Tree Lane and is set to employ more than 20 persons to work on the series.The production house won't say whether they will draw on...
Chief executive officer of the Jamaica National Group, Earl Jarrett, has indicated that the group will be tapping diaspora markets for a growth fillip in 2019."We will be further focusing on leveraging our relationship with our diaspora in the...
