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Category: Business & Economy

Business & Economy

Wall Street drifts lower as oil prices rise

infojamaica
September 13, 2023

NEW YORK, United States (AP) — A slide for technology stocks weighed on Wall Street Tuesday as the market prepped for a highly anticipated report on inflation due the next day. The S&P…

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Business & Economy

No settlement yet

infojamaica
September 13, 2023

THE NCB Financial Group is yet to complete negotiations with its former president and CEO Patrick Hylton and his deputy, Dennis Cohen, over the settlement in relation to their separation from the company….

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Business & Economy

Another junior migrating; share cap change in limbo

infojamaica
September 13, 2023

Another junior market company has announced its intention to graduate to the main market of the Jamaica Stock Exchange, saying its business has matured enough over the past decade to handle the more…

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Business & Economy

Listed funds have mixed half-year

infojamaica
September 13, 2023

While the overall stock market has seen double-digit declines, different listed funds on the Jamaica Stock Exchange (JSE) have seen mixed performances in their financial performance and stock price. The JSE Index was…

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Business & Economy

‘All roads lead to dividends’

infojamaica
September 13, 2023

— NCB Financial Group to issue 300 million new shares in APO — Funds expected to raise around $21 billion to reduce debt and finance expansion — APO to be floated before year…

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Business & Economy

NCB Financial stock slides on APO

infojamaica
September 13, 2023

NCB Financial shares slid 2.5 per cent, or more than the overall market, on its first day of trading since the large conglomerate unveiled plans to raise about $20 billion, based on prevailing…

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Business & Economy

Digital literacy in the spotlight for Seniors’ Month

infojamaica
September 12, 2023

In recognition of International Literacy Day on September 8, the Flow Foundation partnered with the National Council for Senior Citizens (NCSC) to host a digital literacy awareness session with the aim of expanding…

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Business & Economy

Showdown over Google’s dominance of internet search

infojamaica
September 12, 2023

The United States government is taking aim at what has been an indomitable empire: Google’s ubiquitous search engine, which has become the internet’s main gateway. The legal attack will swing into full force…

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Business & Economy

NCB Financial to raise billions from stock market investors

infojamaica
September 11, 2023

NCB Financial Group will be approaching stock market investors to raise fresh equity capital, but needs its shareholders to approve the transaction. The banking conglomerate plans to sell up to 300 million new…

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Business & Economy

Negril businesses pushing for connection to JamaicaEye

infojamaica
September 11, 2023

NEGRIL, Westmoreland — Tourism stakeholders in Negril are appealing to the authorities for issues related to connectivity to the JamaicaEye network to be resolved ahead of the winter tourist season. The matter was…

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