Wed | Sep 20, 2017

Business

Jamaican Anya Schnoor, Managing Director of Scotiabank Trinidad and Tobago and Senior Vice President and Head of Caribbean South and East, has been promoted to an international position as Executive Vice President, Retail Payments, Deposits and...

Rudisa Holdings, which acquired the old Coca-Cola plant in Kingston eight years ago with the intent to manufacture and sell soft drinks in this market, has pulled back from the plan, even as other local beverage producers are adding capacity.The...

Kingston Freeport Terminal Limited, the operators of Kingston Container Terminal, KCT, will add new cranes and employ more staff by year end to boost productivity at the trans-shipment terminal."We now have 860 workers and that will move to about...

The directors of Berger Paints Jamaica are recommending that minority shareholders accept the takeover offer from new owner ANSA Coatings International Limited, whose bid for the shares was made at nearly one-third discount on the prevailing market...

The newly released Global Entrepreneurship Monitor, GEM, report on Jamaica has found that improving job prospects and falling savings have both served to limit total early-stage entrepreneurial activity, referred to as TEA, across age groups.TEA...

Jose Luis Millan found a new crop of star employees at an upscale Tijuana car wash where customers cross the border from the United States to pay up to US$950 to have their prized possessions steamed and scrubbed for hours.They're never late, always...

A business group urged China on Tuesday to carry out promises to open its economy and warned that inaction might fuel a backlash against free trade amid mounting United States and European criticism.The European Union Chamber of Commerce said in a...

The deficit in the broadest measure of United States trade rose to the highest level in more than eight years this spring, reflecting in part a drop in fines and penalties paid by foreign companies.The deficit in the current account increased to US$...

Toys"R"Us, the toy retailer struggling with US$5 billion in debt and intense online competition, has filed for bankruptcy protection ahead of the key holiday shopping season and says its stores will remain open for business as usual.The company...

A Republican on the Senate Budget Committee said Tuesday that tax cut advocates on the panel are pressing for cuts that could add US$1.5 trillion or more to the deficit over the coming decade.Wisconsin Senator Ron Johnson said he's backing "as...
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