FACED WITH a first quarter loss and peaks and troughs in its revenue flows, air conditioning company, CAC 2000 Limited, has struck a deal with Real Marketing out of Trinidad and Tobago to…
Category: Business & Economy
Stock market loses $5 billion on Monday
THE JAMAICA Stock Exchange, JSE, now hovers at just above pandemic lows following its slide on Monday that wiped out $5 billion in market value. Suffering its biggest day of losses in at…
SVREL cranks up digital strategy
GAMING AND entertainment company, Supreme Ventures Racing and Entertainment Limited (SVREL), is upping the ante with its digital strategy, while moving to top a record 2022. The company has digital innovations such as…
Russia: West must remove obstacles to its grain exports
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…
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…
