NEW YORK, USA (AP) – Wall Street’s ugly September got even worse Tuesday as a sharp drop in stocks brought them back to where they were in June. The S&P 500 tumbled 1.5…
Category: Business & Economy
What’s in a name?
“What’s in a name? That which we call a rose by any other name would smell as sweet.” William Shakespeare, Romeo and Juliet If you asked Shakespeare, a name is quite irrelevant. If…
Express Catering adding two more franchises to Sangster line-up
Express Catering Limited, ECL, a food service company which operates at the Sangster International Airport in Montego Bay, is adding two franchise brands, Bento Sushi and Freshens, which will launch within six months….
Five cent bid for Ciboney shares
IEC Energy Company Limited, which recently became the majority shareholder of Ciboney Group, has made an offer for the minority shares that’s priced substantially below the former hotel company’s current market price. Still,…
Stocks Round Up | Margaritaville Turks, Lasco Financial and Ciboney today’s top performers
The Jamaica Stock Exchange (JSE) Combined Index closed on a winning note on Tuesday. The slow trading ended with an advance/decline ratio of 40/31. The JSE Combined Index advanced by 695.35 points or…
Connected & Protected student ambassador encourages internet safety
Ash-wayne Morrison, a Flow Foundation Student Ambassador who attends Galina Primary and Infant School in St Mary, is diligent in his advocacy of safer internet habits among his peers and family members. The…
ECB: Interest rates will stay high ‘as long as necessary’
The head of the European Central Bank said Monday that interest rates will stay high enough to restrict business activity for “as long as necessary” to beat back inflation. Still, she sympathised with…
Stocks Round Up | 109 stocks traded as JSE opens week on winning note
The Jamaica Stock Exchange (JSE) Combined Index opened the week on a winning note on Monday. The moderate trading, ended with an advance/decline ratio of 41/42. The JSE Combined Index advanced by 3,102.28…
Select retail reimagined:
Distribution company Derrimon Trading Limited has formed a partnership with Intcomex, a distributor of computer products, to operate an electronics store at Millennium Mall under the brand, Select Tech. So far, the companies…
CAC 2000 heads to Montego Bay with retail store
Less than a year after opening its first stand-alone retail store in Kingston, 23-year-old air-conditioning company CAC 2000 is about set to add another retail outlet in Montego Bay, next month, as it…