SAJ opens Cyber Café for stevedores
To fulfil its ongoing commitment to improve the flow of information to its workforce, the Shipping Association of Jamaica (SAJ) recently opened a Cyber Café for stevedores in its employ. Located at the SAJ's Recruiting Centre, the Cyber Café is outfitted with four computers...
Citigroup sues Wachovia, Wells Fargo for US$60b
Citigroup Inc on Monday said it has filed a complaint in New York Supreme Court against Wachovia, Wells Fargo, and the directors of both companies, seeking more than US$60 billion in damages for interfering with the bank's planned takeover of Wachovia's banking operations...
Fed to lend US banks up to US$900 billion
The United States Federal Reserve will provide as much as US$900 billion in cash loans to squeezed banks in an urgent effort Monday to break through a dangerous credit clog that threatens the US economy and has unhinged financial markets around the globe...
Markets tumble amid global sell-off - Europe strives to avoid bank meltdown
Financial markets took a bleak view of the future Monday, seeing contagion in a credit crisis that threatens to cascade through economies globally despite government efforts to provide relief. The Dow Jones industrials skidded more than 470 points by midday ...
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