Business

Mexico's economy minister upbeat on NAFTA progress

Friday, August, 10 2018    

WASHINGTON, DC, United States (AFP) — US and Mexican negotiators have made progress in narrowing differences on the update of the North American Free Trade Agreement (NAFTA), Mexico's Economy Minister Ildefonso Guajardo said yesterday. Read More

Medical Disposables 1Q profit up 22%

BY KARENA BENNETT Business reporter bennettk@jamaicaobserver.com | Wednesday, August, 8 2018    

Medical Disposables and Supplies Limited recorded profit of $19.1 million for its first quarter ended June 30, reflecting year-on-year growth of 22.7 per cent or $3.5 million. Read More

More GK products now available on Amazon

BY KARENA BENNETT Business reporter bennettk@jamaicaobserver.com | Wednesday, August, 8 2018    

Conglomerate GraceKennedy Limited has increased its product offerings on the online retail store Amazon as it seeks to drive up sales in the Canadian market. Read More

Kroenke makes offer to take full ownership of Arsenal

Wednesday, August, 8 2018    

LONDON, United Kingdom (AFP) — Arsenal majority shareholder Stan Kroenke yesterday announced an offer to take full ownership of the Premier League club in a deal worth 1.8 billion (US$2.3 billion). Read More

Climate change hits agriculture with $1b loss, says Shaw

Wednesday, August, 8 2018    

Agriculture Minister Audley Shaw has said that adverse weather conditions have led to $1 billion in losses in the sector over the past two years. Read More

TCP eyes expansion, new products

BY KARENA BENNETT Business reporter bennettk@jamaicaobserver.com | Wednesday, August, 8 2018    

THREE years ago Kia Williams and Jordan Moses dreamt of building a company that incorporated creative writing in the development of products for the local market. Now the duo has even bigger dreams, with plans to expand the company's line of products into international... Read More

Risk-based approach critical in protecting country's borders, fostering compliance

Wednesday, August, 8 2018    

As the Jamaica Customs Agency (JCA) continues its thrust to improve efficiency and service delivery, the organisation has boosted its capacity to identify and combat risks that could serve to undermine its border protection capabilities and the country's security. Read More

COK marking 50 years of growth and development through innovation

Wednesday, August, 8 2018    

Since its founding in 1967 with total shares of 60 and a membership of 13, City of Kingston Sodality Cooperative Credit Union has grown into a multi-billion dollar enterprise with islandwide membership of 270,000. Read More

Accountants need not fear technology

by YASMIN GIBSON | Wednesday, August, 8 2018    

Technology has a profound impact on our lives. As more of us communicate through smartphones, laptops and tablets, technology is changing the way we interact with each other. Some researchers argue that the use of technology can isolate people, but there is strong... Read More

Elon Musk jolts Wall Street with tweet on going private

Wednesday, August, 8 2018    

NEW YORK, United States (AFP) — Controversial Tesla Chief Executive Elon Musk said yesterday he was considering taking the company private, sending shares sharply higher before trading was halted. Read More

Airbnb seeing growth in business travel

Wednesday, August, 8 2018    

Busines s travellers are increasingly booking stays through Airbnb and other home-sharing sites. Read More

German industrial output disappoints, but analysts keep faith

Wednesday, August, 8 2018    

FRANKFURT AM MAIN, Germany (AFP) — German industrial production disappointed in June while exports were flat, official data showed yesterday, but analysts said it was too early to declare the party over for Europe's powerhouse economy despite trade... Read More

Banks, technology lead stocks higher for 4th-straight day

Wednesday, August, 8 2018    

NEW YORK, United States (AP) — US stocks climbed for the fourth-straight day yesterday as strong earnings continued to pull the market closer to the all-time high it set in late January. Read More

BA chief raps border control delays at Heathrow

Wednesday, August, 8 2018    

LONDON, England (AP) — The head of British Airways is urging the British Government to tackle the long delays faced by non-European passengers at Europe's busiest airport — London's Heathrow — or risk discouraging them from coming to its shores. Read More

TV-for-phone start-up raises US$1b, Hollywood backing

Wednesday, August, 8 2018    

NEW YORK, United States (AFP) — Former Walt Disney Studios Chairman Jeffrey Katzenberg has raised US$1 billion in initial funding for his NewTV start-up seeking to tailor television to smartphone lifestyles, pulling in Hollywood's biggest studios. Read More



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