5:52 pm, Fri July 17, 2020 1. An investigation by Reuters has found that nearly a third of more than 40 large companies seeking U.S. bankruptcy protection during the coronavirus pandemic, awarded bonuses to executives within a month of filing their cases. Reuters says its analysis of securities filings and
Finance and Planning Minister Dr Nigel Clarke has put the Planning Institute of Jamaica (PIOJ) in charge of a feasibility study on unemployment insurance, or UI. The idea has been tossed around for many years as a safety net for workers who are separated from their jobs through cuts
Tourism Minister Ed Bartlett has cautioned that a ban on travellers from the United States in a bid to contain COVID-19 would deliver a death blow to Jamaica’s hospitality industry. His warning comes in the wake of The Bahamas announcing on Sunday that it was ordering an immediate lockout of
WASHINGTON, DC, United States (AFP) — The dominant risk to the US economic recovery is a resurgence of COVID-19 cases that would force renewed business shutdowns, the International Monetary Fund (IMF) warned yesterday. The US Government will need to do more in coming months to provide support to households and
Fear is one of the most basic human emotions. It is programmed into the nervous system and works like an instinct. From the time we are babies, we are equipped with survival instincts necessary to respond with fear when we sense danger or feel unsafe. Fear helps to protect us.
Scotia Group Jamaica Limited says it has been using the unprecedented circumstances surrounding COVID-19 as a learning experience for their operations. This they anticipate will place greater emphasis on digital transformation within the company and, by extension the wider Jamaica. “We have learned a number of things from working from
Sagicor Life Jamaica now has on the market a new critical illness insurance plan which offers coverage of up to $10 million to children between the ages of three months to 15 years. The Child Protector Plan, offers critical illness coverage for up to 15 conditions, including severe asthma,
Caribbean Airlines to restart flights between Jamaica, Antigua and Barbados 5:59 pm, Thu July 16, 2020 1. Caribbean Airlines is set to restart flight operations between Kingston, Jamaica and Antigua and Barbados on July 25. There will be twice weekly flights. Caribbean Airlines says the re-introduction of the flights is
5:58 pm, Thu July 16, 2020 1. U.S. retail sales rose more than expected in June as consumers bought big-ticket items like motor vehicles and dined out, but a resurgence in new COVID-19 cases is chipping at the budding recovery, keeping 32 million Americans on unemployment benefits. Economists attributed the
1:21 pm, Tue July 14, 2020 Although sales were flat Wigton Windfarm recorded increased profit for its 2019/2020 financial year, which ended on March 31. Revenue amounted to $664 million up from $512.6 million in the previous year. Wigton earned $2.4 billion from sales. In notes accompanying its financial results
