Business

Indian stocks soar to new records in 'peculiarly powerful rally'

Wednesday, July, 26 2017    

MUMBAI, India (AFP) — India's stock markets hit record highs yesterday with the National Stock Exchange's much-watched Nifty index breaking the psychological 10,000-point mark for the first time as traders take heart from economic reforms. Read More

Greece returns to debt markets after three-year hiatus

Wednesday, July, 26 2017    

ATHENS, Greece (AFP) — Greece broke a three-year dry spell with a successful return to the debt markets yesterday, a symbolic victory for the beleaguered Eurozone nation. Read More

Despairing young Italians seek greener pastures abroad

Wednesday, July, 26 2017    

MILAN, Italy (AFP) — “Italy gets worse every time you look at it and offers less and less to young people,” says Antonio Davide D'Elia, just one of thousands of young Italians who have decided to try their luck abroad. Read More

Greece seeing 'light at end of austerity': EU commissioner

Wednesday, July, 26 2017    

PARIS, France (AFP) — Greece is seeing “the light at the end of austerity”, the EU's economy commissioner Pierre Moscovici said Monday, calling the reforms imposed on Athens by its creditors perhaps “too tough” but... Read More

South Korea tips fastest growth in three years in 2017

Wednesday, July, 26 2017    

SEOUL, South Korea (AFP) — South Korea said yesterday its economy is set to grow at its fastest rate in three years in 2017, on the back of strong exports and a US$10-billion stimulus package aimed at creating jobs and bolstering welfare. Read More

North Korea economy grows at fastest pace in 17 years

Wednesday, July, 26 2017    

SEOUL, South Korea (AFP) — Despite global sanctions over its weapons programmes, North Korea's economy grew at the fastest pace in 17 years thanks to a jump in exports and increased production in mining and other industries, the South's central bank ... Read More

IMF says global recovery on firmer footing

Wednesday, July, 26 2017    

WASHINGTON, United States (AFP) — The global economic recovery is on firmer footing as improving growth in China, Europe and Japan offset downward revisions for the United States and Britain, the International Monetary Fund said Sunday. Read More

Airlines will need 637,000 new pilots over next 20 years — Boeing

Wednesday, July, 26 2017    

NEW YORK, United States (AFP) — Airlines will need 637,000 new pilots over the next 20 years to keep pace with the growth of global air traffic, Boeing reported Tuesday in an annual report on the subject. Read More

India's Ambani to launch free smartphone as he shakes up telecoms

Wednesday, July, 26 2017    

MUMBAI, India (AFP) — India's richest man Mukesh Ambani said Friday that his telecoms venture Jio would launch a free smartphone, escalating a price war that is shaking up the country's ultra-competitive mobile market. Read More

20% TAX ON CELLPHONES — Cellphone imports tariff reverts to 20%

BY KARENA BENNETT Business reporter bennettk@jamaicaobserver.com | Sunday, July, 23 2017    

Individuals importing cell phones into the island are once again feeling the pinch following the resumption of a 20 per cent tariff on cellphone imports since the start of the month. Read More

Spain wants Jamaica to make Spanish a second language

BY BALFORD HENRY Senior staff reporter balfordh@jamaicaobserver.com | Sunday, July, 23 2017    

Spain's Secretary for International Cooperation, Fernando Garcia Casas, thinks bilateral cooperation between his country and Jamaic a could be greatly increased by encouraging greater use of the Spanish language here. Read More

Waiting for justice — five years and counting

Claudienne Edwards | Sunday, July, 23 2017    

Dear Claudienne, Read More

Six awesome apps for use in your business

Sunday, July, 23 2017    

Online there are so many wonderful tools you can use in your business. Below I've listed six of my must-have apps, and most of them are FREE - whether they are tools for social media management, creating killer graphics easily, or simply organising your... Read More

Devaluation: help or hindrance?

With Marian Ross | Sunday, July, 23 2017    

Devaluation has helped many economies to stabilise amidst crisis. When combined with appropriate monetary policy, an economy can achieve both stabilisation and a positive growth path. Brazil and Canada provide good examples of this. Read More

Ecuadorian designers reinvent indigenous

Sunday, July, 23 2017    

RIOBAMBA, Ecuador (AFP) — After years of taking a backseat to Western style, indigenous fashion is re-emerging in Ecuador, thanks to a new generation of designers who are re-imagining traditional clothes. Read More



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