ANKARA, Turkey (AP): RUSSIA MAY pull out of a wartime deal that allows the export of Ukrainian grain to global markets, if the West fails to remove obstacles to Russian agricultural exports, Moscow’s…
Category: Business & Economy
Tesla cuts prices on all models
DETROIT (AP): TESLA CUT prices on its entire United States electric vehicle model line-up for the third time this year, in an apparent effort to lure more buyers amid rising interest rates. The…
Asian stocks follow Wall Street up
BEIJING (AP): ASIAN STOCK markets followed Wall Street higher on Friday ahead of a United States (US) job market update that 236,000 jobs were added, a situation traders hope might encourage the Federal…
Protect your money
ALTHOUGH THERE are some institutional arrangements in place to protect the funds of people who entrust them to financial institutions, people must do all they can to reduce the risk of losing their…
GraceKennedy completes Scotia Insurance takeover
GRACEKENNEDY has completed its acquisition of Scotia Insurance Caribbean Limited (SICL) and has announced it will rename the entity GK Life. “The entity will be in 12 markets across the region,” Don Wehby,…
PAY BETTER
Minister of Industry, Investment and Commerce Aubyn Hill is calling on Jamaican employers to pay their employees better as part of efforts to stem the migration of skilled labour and to attract and…
Digicel debt talks extended
DIGICEL now has until the end of this month to formalise a restructuring agreement with creditors, which would “recapitalise the business and place it on a firm and sustainable footing for the future”….
Business social – April 5
On March 28, Red Stripe hosted the official launch of its $2.2-billion Cellars Expansion for beer production (CERS) Project and its newly renovated corporate office affectionately known as Red Stripe House. CERS marks…
Guyana Gov’t explains delay in final audit on ExxonMobil’s expenses
GEORGETOWN, Guyana (CMC) — The Guyana Revenue Authority (GRA) has defended its decision regarding the prolonged delay in releasing the findings of an audit that allegedly found more than US$200 million in questionable…
