Wed | Jul 18, 2018

Business

Starting today, Wednesday, two of Amber Connect's trackers will be available in the American market through large consumer electronics retailer, Best Buy.It's the Jamaican software and technology company's first foray into the retail space in the US...

State-owned Factories Corporation of Jamaica (FCJ), the largest holder of manufacturing space, is hunting deals for 58 properties that it plans to offload, comprising both developed and undeveloped properties, according to chairman Lyttleton 'Tanny...

The Court of Appeal has reaffirmed that a company which sought to renege on a foreign exchange loan on the basis that the lender was not an authorised dealer still has to make good on the US$747,909 debt.Alexander House Limited, whose principal is...

A Dutch company that presented the world's first lab-grown beef burger five years ago said on Tuesday that it has received funding to pursue its plans to make and sell artificially grown meat to restaurants from 2021.Mosa Meat said that it raised...

An international forum on financial regulation say virtual currencies such as bitcoin do not currently pose a threat to global stability but require "vigilant monitoring" as the market is changing rapidly.The Financial Stability Board, FSB, added...

British Prime Minister Theresa May faced more rebellion in Parliament on Tuesday over her plans for the country's exit from the European Union, with lawmakers voting on a Brexit trade bill a day after she narrowly avoided a parliamentary defeat.Pro-...

Another Wall Street veteran of the financial crisis is stepping aside: Lloyd Blankfein is retiring as CEO of Goldman Sachs after 12 years at the helm of the storied investment bank.Blankfein will be replaced by David Solomon, a long-time Goldman...

The Port Authority of Jamaica has now rolled out the import phase of its Port Community System, PCS.It will deal with submissions related to Less-Than-Container-Load or LCL manifests to the Jamaica Customs Agency,...

Ice cream maker Caribbean Cream Limited, which trades as Kremi, reported improved results for its first quarter ending May 2018, a period in which it also made a large investment in fixed assets, but did not disclose how the capital was deployed.The...

The Trump administration on Monday brought cases against China, the European Union, Canada, Mexico and Turkey at the World Trade Organization (WTO), for retaliating against American tariffs on imported steel and aluminium.The United States has...
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