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
1 - Don't keep all of your money in one bank account. This convenience enjoyed by using the one account for saving and transactions with our trusty debit card is a major liability which may cost you big time. It is best to have two accounts with one not being
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
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
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
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
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
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
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
5:27 pm, Wed July 22, 2020 1. According to a new report from ratings agency, Moody's, the commercial aviation industry will continue to be devastated by the coronavirus pandemic for years to come. Moody's says the ripple effects will likely be felt across the entire global economy. According to the
