Tue | Aug 21, 2018

Business

American oil giant Conoco Phillips says it has reached an agreement with Venezuela's state-owned oil company to recover nearly US$2 billion it was awarded as part of a decade-old expropriation dispute.Monday's statement from Houston-based Conoco says...

The Jamaica Stock Exchange (JSE) has selected Toronto-based fintech company Blockstation to explore the possibility of offering cryptocurrency trading on the local platform.Consequently, the JSE based in Kingston has signed a memorandum of...

Arising from the increase in user fees in public-health facilities on August 1 for individuals who have health insurance, local insurance providers say that they expect the annual payout to local hospitals to increase.Already, these charges have...

Telecommunications company Digicel Group and partners are expected to announce the launch of a mobile money app this month that is usable internationally, more than a year after the product...

The Court of Appeal has effectively put aside a near $4-billion claim against Sagicor Bank Jamaica Limited in favour of contractor York P....

The fire that gutted a section of Wisynco Group's complex two years ago cost the company close to $120 million in business disruptions, but it also pocketed nearly $600 million as net insurance proceeds.The insurance inflows...

Worker representatives are not convinced that Jamaica's labour code needs revamping, notwithstanding the battle plan that companies have devised and are executing in a pitch for changes to...

Blue Power Group Limited will be increasing the prices for its soaps due to the effects of currency movements on its cost of business, but that's after making millions in currency gains from its...

The majority of foreign exchange transactions done on a daily does not include cash and the Bank of Jamaica, BOJ, has been making a point of informing the public about it.Senior Deputy Governor John...

The mining and quarrying industry, which grew by 30 per cent, contributed the lion's share to the estimated 1.8 per cent expansion in the Jamaican economy for the April to June 2018 quarter, according to the...
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