Business

JPS, Itron in smart grid agreement

Sunday, May, 27 2018    

US-based technology and services company, Itron Inc, has re-entered an agreement with Jamaica Public Service Company (JPS) for nationwide smart grid deployment. Read More

IDB reports 17% increase in J'can exports for 2018 first quarter

BY KARENA BENNETT Observer staff reporter bennettk@jamaicaobserver.com | Sunday, May, 27 2018    

Jamaican exports increased 17.6 per cent year-on-year in the first quarter of 2018, after growing nine per cent on average in 2017, according to a just-released report from the Inter-American Development Bank (IDB). Read More

'Smart' gadgets: Ways to minimise privacy and security risks

Sunday, May, 27 2018    

NEW YORK, United States (AP) — Revelations that an Amazon Echo smart speaker inadvertently sent a family's private conversation to an acquaintance highlights some unexpected risks of new voice-enabled technologies. Read More

Venezuela's ex-oil czar sees economic collapse accelerating

Sunday, May, 27 2018    

BOGOTA, Colombia (AP) — Venezuela's former oil czar said crude production in the OPEC nation will continue to plummet in the aftermath of President Nicolas Maduro's re-election, as the embattled socialist leader takes the country down an increasingly authoritarian path that scares... Read More

For CEOs, US$11.7 million a year is just middle of the pack

Sunday, May, 27 2018    

NEW YORK, United States (AP) — Chief executives at the biggest public companies got an 8.5 per cent raise last year, bringing the median pay package for CEOs to US$11.7 million. Across the S&P 500, compensation for CEOs is often hundreds of times higher than typical... Read More

EU takes Bahamas, St Kitts off tax haven list

Sunday, May, 27 2018    

BRUSSELS, Belgium (AFP) — The European Union (EU) on Friday removed the Caribbean nations of The Bahamas and Saint Kitts and Nevis from a blacklist of tax havens, bringing the number of jurisdictions to seven. Read More

Orandy tells its side

Claudienne Edwards | Sunday, May, 27 2018    

Dear Claudienne,I contracted Orandy moving company to move my household articles on March 20, 2018 to a different location. Read More

Colombia on the road to peace but burdened by drugs

Saturday, May, 26 2018    

BOGOTA, Colombia (AFP) — The following is a fact file about Colombia as it goes to the polls tomorrow in its first presidential election since a 2016 peace deal with ex-guerrilla group FARC that ended a decades-long war:Longest-running conflict Read More

Historic day for Gore Developments

BY KARENA BENNETT Observer business reporter bennettk@jamaicaobserver.com | Friday, May, 25 2018    

Construction company Gore Developments Limited has invested $200 million in a Parker impact crusher machine to handle very dense limestone on its new quarry in Hellshire, St Catherine. Read More

Attorneys offer help to protect intellectual property rights

Friday, May, 25 2018    

Some vanguards of intellectual property rights in Jamaica have pledged to provide assistance to artistes who have been subjected to copyright infringement. Read More

Brazil close to paralysis as truckers press on with strike

Friday, May, 25 2018    

BRASÍLIA, Brazil (AFP) — Brazil appeared on the verge of a standstill on the fourth day of a nationwide truckers' strike yesterday as road blockades caused severe shortages of fuel and food, despite a move by the State-owned oil company to defuse the... Read More

Jury awards US$25 m in Johnson & Johnson baby powder lawsuit

Friday, May, 25 2018    

LOS ANGELES, United States (AP) — A Southern California jury has ordered Johnson & Johnson to pay more than US$25 million to a woman who claimed in a lawsuit that she developed cancer by using the company's talc-based baby powder. Read More

Slight decline in cruise, airport passengers for April

Friday, May, 25 2018    

Despite announcements that Jamaica welcomed more than 50,000 tourists in the first week of April for carnival celebrations, the Planning Institute of Jamaica (PIOJ) has reported declines in airport and cruise passenger arrivals, as at the end of April, by 0.5 per cent and 1.8 per cent... Read More

Helping small businesses get organised

BY DENNISE WILLIAMS Contributor | Friday, May, 25 2018    

The growth of the entrepreneurship sector in Jamaica has created a demand for services that Malene Carr-Mullings is now meeting through her company Malaynia Project Consultancy. Read More

Cancellation of Korea summit sends stocks on bumpy ride

Friday, May, 25 2018    

NEW YORK, United States (AP) — US stocks finished mostly lower yesterday as energy companies skidded along with oil prices. The market dropped after President Donald Trump said he cancelled a meeting with North Korean leader Kim Jong Un, but recovered most of those... Read More



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