Business

IMF calls for more oversight of JA's financial sector

BY KARENA BENNETT Business reporter bennettk@jamaicaobserver.com | Wednesday, December, 5 2018    

A sizeable and complex financial sector dominated by large intra- and interconnected financial conglomerate groups with cross-border linkages has prompted calls from the International Monetary Fund (IMF) for improved supervision and data collection methods for the... Read More

All stereotypes stripped away – the future is female

by Kelley Reid | Wednesday, December, 5 2018    

As a child we were taught that all things should be equal and fair, that the world was a levelled field for all persons to have an opportunity or chance. That if you did everything right, got an education, stayed out of trouble, were ladylike or gentlemanlike, the... Read More

Safe shopping this holiday season

by Julie Missimore | Wednesday, December, 5 2018    

As we approach the beginning of the holiday season, we are excited to celebrate with family and friends, neighbours coming together, and loved ones coming home for the holidays. We want to celebrate and show our affection by giving gifts purchased online, in stores, or at the Grand... Read More

Canada desperately looking to fill 430,000 vacant jobs

Wednesday, December, 5 2018    

MONTREAL, Canada (AFP) — A business group warned yesterday that a labour shortage in Canada is deepening, with more than 430,000 jobs at small and medium-sized firms remaining unfilled for at least four months. Read More

Nigeria seeks arrest, extradition of former oil minister

Wednesday, December, 5 2018    

ABUJA, Nigeria (AFP) — Nigeria's main anti-corruption agency on Monday filed for the arrest of former oil minister Diezani Alison-Madueke after a judge approved a request for her to be charged with corruption. Read More

British MPs deal PM May stinging rebukes on Brexit

Wednesday, December, 5 2018    

LONDON, United Kingdom (AFP) — Prime Minister Theresa May launched a momentous Brexit debate yesterday after suffering a string of stinging rebukes from MPs that exposed her lack of support in parliament. Read More

China agrees US$9 billion currency swap with Argentina

Wednesday, December, 5 2018    

BUENOS AIRES, Argentina (AFP) — China and Argentina signed a US$9-billion currency swap deal to boost the crisis-stricken South American country's foreign currency reserves, its central bank announced Sunday. Read More

Grim holiday tidings as Paris businesses count cost of riots

Wednesday, December, 5 2018    

PARIS, France (AFP) — President Emmanuel Macron was elected on a promise to burnish France's image, but as shops and hotels counted the costs Monday of rioting over the weekend, many worried his pledge was being undermined by the scenes of urban unrest being broadcast around the... Read More

Trump to meet German auto executives

Wednesday, December, 5 2018    

WASHINGTON, United States (AFP) — US President Donald Trump was set to meet yesterday with executives of Germany's three top auto manufacturers, the White House announced yesterday. Read More

Trump opens door to more lengthy China trade talks

Wednesday, December, 5 2018    

WASHINGTON, United States (AFP) — US President Donald Trump yesterday opened the door to more lengthy talks with China to resolve the damaging trade dispute beyond the announced 90-day timeline. Read More

Mexico's new leader opens plush presidential residence to public

Wednesday, December, 5 2018    

MEXICO CITY, Mexico (AFP) — On Friday night, Mexico's presidential residence was the scene of a gala reception for the king of Spain. Read More

Qatar to quit Saudi-dominated OPEC in 2019

Wednesday, December, 5 2018    

DOHA, Qatar (AFP) — Qatar will leave the Organization of Petroleum Exporting Countries (OPEC) next month in order to focus on gas production, the Gulf State's new Energy Minister Saad al-Kaabi announced Monday, denying the surprise move was a result of Doha's bitter feud with... Read More

SVL to open Guyana lounge next week

Tuesday, December, 4 2018    

Supreme Ventures Limited (SVL) will open the doors to its Betting Shop Lounge in Georgetown, Guyana, during the week of December 8 to 16, before opening a second location in 2019. Read More

Turkey inflation drops from 15-year high

Tuesday, December, 4 2018    

Ankara, Turkey (AFP) — Inflation in Turkey fell back last month after hitting a 15-year high in October, official statistics showed Monday, increasing the likelihood of an interest rate cut in the months ahead. Read More

Wigton Windfarm to list on JSE

Monday, December, 3 2018    

THE Wigton Windfarm (WWF) initial public offering (IPO) on the Jamaica Stock Exchange (JSE) is expected for March 2019. Read More



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