Business

Courts Ready Cash expands to Negril

BY KARENA BENNETT Business reporter bennettk@jamaicaobserver.com | Friday, January, 5 2018    

Courts Ready Cash, a subsidiary of the Unicomer Jamaica Group (Courts), yesterday expanded its footprint to Whitehall, Negril. Read More

Google moved 16b euros to Bermuda to avoid tax — Bloomberg

Friday, January, 5 2018    

THE HAGUE, Netherlands (AFP) — Google moved 15.9 billion euros (US$19.2 billion) to a Bermuda shell company in 2016, saving it billions of dollars in taxes that year, Bloomberg reported on Wednesday, quoting regulatory filings in the Netherlands. Read More

Caribbean subsidiary of Canadian firm acquires electricity company

Friday, January, 5 2018    

NASSAU, Bahamas, (CMC) — The Bahamas Government says it has approved a 100 per cent ownership of the Grand Bahama Power and Light Company Limited by Emera Caribbean Holdings Limited (ECHL). Read More

Cuba 'blockade' not solution, says EU foreign policy chief

Friday, January, 5 2018    

HAVANA, Cuba (AFP) — Blockading Cuba is not the solution, the European Union's foreign policy chief said Wednesday on a trip aimed at strengthening ties with Havana, after Washington tightened restrictions on the island. Read More

Crisis-wracked Venezuela turns for hope to broken factories

Friday, January, 5 2018    

CIUDAD GUAYANA, Venezuela (AP) — Juan Carlos Goite has to be creative, finding spare parts stripped from one broken-down locomotive to repair another in a desperate attempt to keep a once-thriving iron ore mining company running. Read More

Honey Bun takes JSE Best Practices Awards again

Wednesday, January, 3 2018    

Honey Bun 1982 Limited last month took three awards in the Jamaica Stock Exchange (JSE) 2017 Best Practices Awards, one of which the company was winning for the sixth-consecutive year. Read More

Jamaican Teas profit jumps $39 million

BY KARENA BENNETT Business reporter bennettk@jamaicaobserver.com | Wednesday, January, 3 2018    

Jamaican Teas Limited (JTL) posted profit of $192.4 million for its year ended September 2017, an increase of $39.6 million compared to the previous year. Read More

Journey's End expands wine portfolio

BY KARENA BENNETT Business reporter bennettk@jamaicaobserver.com | Wednesday, January, 3 2018    

Local wine manufacturing company, Journey's End, has added pineapple and passion fruit wines to its portfolio of products. Read More

CWJ shareholder takes grouse to court

BY KARENA BENNETT Business reporter bennettk@jamaicaobserver.com | Wednesday, January, 3 2018    

A shareholder of Cable & Wireless Jamaica Limited (CWJ), Eric Jason Abrahams, has filed an application in the Supreme Court here against the telecoms giant, requesting permission to bring what is known as a derivative action in a court in Florida, USA, in name of and on behalf of CWJ... Read More

Nutramix signs major cattle semen deal

Wednesday, January, 3 2018    

Nutramix has inked a deal with American firm Select Sires under which the Jamaican company will distribute highly fertile, superior genetics for cattle across the island and the throughout the Caribbean. Read More

Changing the sales force (Part 1)

Herman Alvaranga | Wednesday, January, 3 2018    

Recently one of my favourite senior executives wanted to know what she should do to improve the performance of her sales force. In the short time that we had, we spoke about the importance of motivation, incentives and rewarding work. These are levers for improving sales performance: but... Read More

US stocks ring in 2018 with gains as technology leads again

Wednesday, January, 3 2018    

NEW YORK, United States (AP) — Technology and health care companies jumped yesterday as US stocks started the new year the same way they spent the last one: rising steadily and setting records. Energy companies, which struggled in 2017, also climbed. Read More

Brazil closes 2017 with record trade surplus

Wednesday, January, 3 2018    

BRASÍLIA, Brazil (AFP) — Brazil's road to economic recovery has passed another milestone, with official data showing yesterday that the country finished 2017 with a record trade surplus 40.5 per cent higher than in the previous year. Read More

Poor company cultures could trigger brain drain in Barbadian firms, survey finds

Wednesday, January, 3 2018    

Barbadian firms with poor company cultures may face a “brain drain” if their employees are wooed by competitors with better work environments, a recent survey has found. Read More

Three plus months after Maria, barely half of Puerto Rico has power

Wednesday, January, 3 2018    

SAN JUAN, Puerto Rico (AP) — Puerto Rico authorities said Friday that nearly half of power customers in the US territory still lack electricity more than three months after Hurricane Maria, sparking outrage among islanders who accuse the g... Read More



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