US consumer confidence declines

2020-07-30T09:22:27+00:00

5:26 pm, Tue July 28, 2020 1.                                                                                                                                                                                                                                                                                                                                                                                                                            US consumer confidence fell more than expected this month amid a flare-up in COVID-19 infections across the country, which is threatening the economy's recovery from an unprecedented recession caused by the pandemic. The survey from the Conference Board on Tuesday showed consumers gloomy

US consumer confidence declines2020-07-30T09:22:27+00:00

Key deal passes scrutiny

2020-07-27T01:21:01+00:00

The Fair Trading Commission, FTC, has given the nod to GraceKennedy’s acquisition of an 80 per cent stake in Key Insurance Company, which gives the conglomerate an additional share of the general insurance market in which it is already among the top players. Key, a listed general insurer, was determined

Key deal passes scrutiny2020-07-27T01:21:01+00:00

COK set to launch new digital platform geared at user friendliness

2020-07-27T00:00:07+00:00

COK Sodality Co-operative Credit Union Limited is all set to launch its new Universa Digital Core Banking Suite on August 4, 2020, This new addition to its digital investment, the credit union says, will be fast, modern, browser-based, user-friendly and in real time. In releasing news of its Universa Digital

COK set to launch new digital platform geared at user friendliness2020-07-27T00:00:07+00:00

Bonds — the way to go

2020-07-26T23:56:28+00:00

So much of the global economic outlook depends on the success of the fight against the novel coronavirus pandemic and one thing that is almost certain is that current ultra-low interest rates will likely continue for quite some time. Each time the news features progress on a vaccine, the US

Bonds — the way to go2020-07-26T23:56:28+00:00

Uptick on equity market

2020-07-26T23:53:01+00:00

FOLLOWING the negative impact of COVID-19, there seems to be a recovery in the local equity markets as several firms have stated their intention to raise billions of dollars in fresh equity capital. Before the advent of the pandemic, the Jamaica Stock Exchange (JSE) had achieved growth of 36 per

Uptick on equity market2020-07-26T23:53:01+00:00

Donaldson out as Sagicor reorganises investment subsidiary

2020-07-26T07:40:35+00:00

Sagicor Group Jamaica Limited has announced a reorganisation of its wealth subsidiary, Sagicor Investments Jamaica Limited, SIJL, leading to the departure of the current CEO Kevin Donaldson. The position of chief executive and executive vice president, the titles worn by Donaldson, are being abolished on July 31 in what Sagicor

Donaldson out as Sagicor reorganises investment subsidiary2020-07-26T07:40:35+00:00

US to pay Pfizer and BioNTech $1.95 billion for COVID-19 vaccine

2020-07-23T18:27:18+00:00

COVID-19 vaccine 5:26 pm, Wed July 22, 2020 1.                                                                                                                                                                                                                                                                                                                                                                                                                            The U.S. government will pay $1.95 billion to buy 100 million doses of a COVID-19 vaccine being developed by Pfizer Incorporated and German biotech BioNTech SE, if it proves to be safe and effective. The contract is the most the United

US to pay Pfizer and BioNTech $1.95 billion for COVID-19 vaccine2020-07-23T18:27:18+00:00

France warns telecoms operators against using Huawei 5G technology

2020-07-23T18:24:33+00:00

5:23 pm, Wed July 22, 2020 1.                                                                                                                                                                                                                                                                                                                                                                                                                            Reuters is reporting that French authorities have told telecoms operators planning to buy Huawei 5G equipment that they won't be able to renew licences for the gear once they expire, effectively phasing the Chinese firm out of mobile networks. Like other countries in

France warns telecoms operators against using Huawei 5G technology2020-07-23T18:24:33+00:00

Bahamas’ Sandals Emerald Bay to reclose as country bans US visitors

2020-07-23T18:21:00+00:00

andals Emerald Bay in Great Exuma in The Bahamas will be closing its doors Wednesday, three weeks after reopening and welcoming guests for the first time since the COVID-19 pandemic. The Nassau Guardian is reporting that the closure is a result of Prime Minister Dr. Hubert Minnis's recent announcement that

Bahamas’ Sandals Emerald Bay to reclose as country bans US visitors2020-07-23T18:21:00+00:00
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