Tue | Nov 13, 2018

Business

Published:Tuesday | November 13, 2018 | 12:00 AM

OPEC and allied oil-producing countries will likely need to cut crude supplies, perhaps by as much as one million barrels of oil a day, to rebalance the market after US sanctions on Iran failed to cut Tehran's output, Saudi Arabia's energy minister...

Published:Sunday | November 11, 2018 | 12:00 AMMcPherse Thompson

Cable & Wireless Jamaica, C&WJ, is appealing the decision of the Supreme Court on a preliminary point of law that there is nothing precluding a Jamaican court from granting permission for the hearing of a claim outside of the country...

Published:Sunday | November 11, 2018 | 12:00 AMAvia Collinder

Sugar marketer Jamaica Cane Products Sales Limited (JCPS) is laying off its entire staff as it contemplates winding down the business, Chairman Karl James confirmed on Friday, even as it looks to the Government for help.James blames the agency's...

Published:Sunday | November 11, 2018 | 12:00 AM

For some years now, several smaller Caribbean governments have been interested in increasing the number of shared embassies overseas in which one ambassador jointly represents several nations.The idea principally arises out of a desire to make cost...

Published:Sunday | November 11, 2018 | 12:00 AMSteven Jackson

NCB Financial Group has been solidly ensconced at the top of Jamaica's commercial banking market for several years, but having just hit another profit milestone and with nearly $980 billion in assets, its managers believe they are well placed to...

Published:Sunday | November 11, 2018 | 12:00 AM

Dr Alfred Dawes is a medical doctor. More precisely, he is a general laparoscopic and weight-loss surgeon.Grammarly, a digital writing assistant, has rated me as being among the top 10 per cent of its subscribers who use unique words. Should I be...

Published:Sunday | November 11, 2018 | 12:00 AM

The last quarter of the year is the period during which many companies and organisations are engaged in strategic planning for the new financial year.Unfortunately, for many companies, the strategic planning process is so laser focused on expanding...

Published:Sunday | November 11, 2018 | 12:00 AM

QUESTION: I am wondering how to transfer my mother's house to her daughter's name. My mother and father had a joint house title, but my father has died. My mother is in her 80s with some form of dementia. My father did not make a will and she has...

Published:Sunday | November 11, 2018 | 12:00 AMA federal judge has blocked a permit for construction of the Keystone XL oil pipeline from Canada and ordered officials to complete an environmental review.

A federal judge has blocked a permit for construction of the Keystone XL oil pipeline from Canada and ordered officials to complete an environmental review...

Published:Friday | November 9, 2018 | 6:09 PMAP

  The leaders of Vietnam and Cuba on Friday pledged to deepen relations between two of the world's few remaining communist countries. President Nguyen Phu Trong and his Cuban counterpart Miguel Diaz-Canel witnessed the signing of trade and...

Published:Friday | November 9, 2018 | 12:08 AM

More than half the foreign interest in regional real estate, whether to buy or lease, emanates from the United States, a new study has found.The report also ranks Jamaica as the third most sought...

Published:Friday | November 9, 2018 | 12:00 AM

The Ministry of Finance and the Public Service has now advised Auditor General Pamela Munroe Ellis that Chinese outfit Jinquan Iron and Steel Company, which operates the Alpart plant in St...

Published:Friday | November 9, 2018 | 12:00 AM

The project to create a social stock exchange in Jamaica will be executed in two phases, the second of which requires the passage of...

Published:Friday | November 9, 2018 | 12:00 AM

The central bank has maintained its policy rate at two per cent for the last two rate decision cycles, and treasuries are yielding even lower rates, reason enough, says the...

Published:Friday | November 9, 2018 | 12:00 AM

Seprod expanding warehousing spaceSeprod is building out new warehouse space at its main complex in Kingston's industrial zone, which is said to be part of a larger hub that the company will build out over time.Seprod has not disclosed the size of...

Published:Friday | November 9, 2018 | 12:00 AM

Distribution of the newest line of Appleton Estate aged rum pushed Jamaican spirits sales globally beyond €62 million over nine months, according to the brands owners, Campari Group.The drive for increased...

Published:Friday | November 9, 2018 | 12:00 AM

Peru is a mess. Well, not really.The economy is expected to grow only four per cent this year. Inflation is under two per cent. The sol devalued 1.8 per cent during the first 10 months of the year. The current account deficit is...

Published:Friday | November 9, 2018 | 12:00 AM

Real estate assets account for less than five per cent of pension fund portfolios, despite a vibrant property market.It's likely, says CEO of VM Pensions Management Limited Rezworth Burchenson, that fund managers...

Published:Friday | November 9, 2018 | 12:00 AM

Nafta 2.0 could mean more jobs ... for robotsPresident Donald Trump insists his new North American trade deal will deliver a victory for American factory workers by returning many high-paying jobs to the United States.Maybe. But a review of the...

Published:Friday | November 9, 2018 | 12:00 AM

Beyond trying to get their hands on Donald Trump's tax returns, House Democrats are prepared to use their new majority and subpoena power to go after financial records that could back up their...

Published:Friday | November 9, 2018 | 12:00 AM

Google is promising to be more forceful and open about its handling of sexual misconduct cases, a week after high-paid engineers and others walked out in protest over its male-dominated culture.CEO Sundar Pichai...

Published:Thursday | November 8, 2018 | 5:02 PMSteven Jackson

  NCB Financial Group, the parent company of Jamaica's largest bank, National Commercial Bank, reported annual profit of $28.6 billion on Thursday, a new record for the bank. Earnings rose 50 per cent relative to last year’s profit...

Published:Thursday | November 8, 2018 | 12:00 AM

China's foreign currency reserves declined in October in a sign Beijing might be intervening in the market to keep its yuan from falling too far against the dollar and triggering a possible backlash from the United States amid a tariff battle.The...

Published:Wednesday | November 7, 2018 | 12:00 AMAvia Collinder/Business Reporter

Ribbiz Lounge Limited, a causal dining and bar outfit, which operates Ultra Lounge in Barbican, Kingston, has poured $30 million into its second restaurant, which opened last week at the Victoria Pier on the Kingston waterfront.Kemar Bankay, Don...

Published:Wednesday | November 7, 2018 | 12:00 AMAvia Collinder/ Business Reporter

Pro-Vice-Chancellor of Planning for the University of the West Indies (UWI) Professor Densil Williams is describing as incubatory plans to offer shares in the institution via an initial public offering (IPO) that would result in its listing on the...

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