Innovative Energy Group Limited, IEG, formerly known as Ciboney, more than doubled its share capital during the quarter ended May, resulting in the public float falling below the 20 per cent minimum required…
Category: Business & Economy
Tesla débuts in India at nearly twice the price
Tesla Inc opened its first showroom in India on Tuesday, marking the electric vehicle maker’s long-anticipated début in the world’s third-biggest automotive market. Located in the Bandra-Kurla Complex, an upscale business centre in…
Kingston Wharves acquires large stake in Cargo Handlers
Port operator Kingston Wharves Limited has acquired a substantial stake in port services company Cargo Handlers Limited, CHL, and has an option to purchase additional shares, but says its future plans don’t include…
EU trade ministers vow unity on US tariffs
European Union trade ministers agreed Monday that the announcement of 30 per cent tariffs on the European Union was “absolutely unacceptable” and are studying a new set of countermeasures to respond to the…
FTC: Credit bureaus need centralised information sharing for improvement
Jamaica’s Fair Trading Commission, FTC, is recommending “urgent reform” for the credit bureau sector, inclusive of credit information. “Mandate reciprocal data-exchange contracts,” the FTC urged in its now completed report the credit bureau…
Yaneek Page | 7 signs it’s time to quit your small business
Is This You? It’s the start of a new month and your business account is empty. In June, you barely managed to pay your staff. The rent was late. It was a struggle…
Tension brewing as commodities sector resist blockchain roll-out
Some farmers and processors are raising concerns about data ownership, the exposure of trade secrets, and costs associated with the phased start of a blockchain traceability platform by the commodities regulator, which aims…
Lasco Financial head stepping down
Jacinth Hall-Tracey will step down as managing director of Lasco Financial Services Limited in less than six months, having worked with the company for two decades in different capacities. Her tenure comes to…
Investors snapping up American homes on the market
Real estate investors are snapping up a bigger share of homes on the market in the United States as rising prices and stubbornly high borrowing costs freeze out many other would-be homebuyers. Nearly…
Big residential development for small White Horses
New Rozelle Properties Limited is investing in a large-scale mixed-use development in White Horses, St Thomas, that leverages the upgraded road infrastructure and rising community expectations, documents show. The company plans to build…