Stocks sank around the globe again Friday as investors braced for more economic pain from the coronavirus outbreak, sending U.S. markets to their worst weekly finish since the 2008 financial crisis. The damage from the week of relentless selling was eye-popping: The Dow Jones Industrial Average fell 3,583 points, or
OTTAWA, Canada (AFP) - Canadian economic growth slowed to 0.3 per cent in the last quarter of 2019, the government reported on Friday last, but still beat forecasts slightly. Gross domestic product (GDP) had been widely expected to fall to 0.2 per cent from the previous quarter. Added to previous
W ith the growing use of technology, businesses are called to undertake more research in order to attain greater levels of growth and development as well as to create ecosystems in which they can thrive. General manager and country representative for the Inter-American Development Bank (IDB), Therese Turner-Jones, said that
Indications are that the Government doesn't plan to act immediately upon the Petrojam Review Committee (PRC) recommendation to divest itself of the scandal-plagued State-owned oil refinery, Petrojam. Rather, the Andrew Holness Administration has sought to position the entity for increased profitability and efficiency this fiscal year. Petrojam plans to
KINGSTON, Jamaica— Sagicor Foundation recycled approximately 600 pounds of plastic bottles after this year's staging of the Sagicor Sigma Corporate Run on February 16. According to a statement from the foundation, a total of 13,416 bottles were collected at the annual Run/Walk/Wheel event at Emancipation Park, through a partnership with
A pall of gloom hangs over the George Alleyne Hall at the University of The West Indies's Mona campus in Kingston, following the death of three residents in a motor vehicle collision yesterday morning. The victims are identified as 20-year-old Devaughn Cunningham, 22-year-old Romario Nedrick, and 23-year-old Lamaro Cole. They
The recent inadvertent disclosure of personal data at some major financial institutions in Jamaica has signalled the need for organisations to take a very robust approach to the way in which they handle the personal data of customers. Organisations may face significant penalties and fines for failing to properly handle
Jamaica's imports for January to November 2019 were valued at US$5,905.5 million, an increase of 3.9 per cent when compared to US$5,682.4 million which was spent for the similar period in 2018 according to the International Merchandise Trade (IMT) Bulletin. The bulletin was released earlier this week by the Statistical
The Planning Institute of Jamaica (PIOJ) in its latest review of economic performance has said that based on the continued stability of the macroeconomic environment, the outlook for the economy remains positive. Speaking yesterday at its quarterly briefing and giving a review of the October to December 2019 period, Dr
General Accident Insurance Company Jamaica Limited (General Accident) reported Friday last (February 14) record premiums and earnings for its financial year ended December 31, 2019 and expanded its reach beyond Jamaica for the first time. “General Accident produced the largest premiums and net profits in our history last year and
