Port Authority of Jamaica (PAJ) in aggressive marketing mode
Noel Hylton, chairman of the Port Authority of Jamaica (PAJ), says shipping industry stakeholders should remain optimistic despite the global challenges facing the industry at this time.According to Hylton, during the current economic slowdown...
China stimulus plan fuels hopes for new investments
Stocks surge - China's massive stimulus package is its "biggest contribution to the world," Premier Wen Jiabao said Monday, as hopes rose that heavy spending on construction and other projects would help support global growth by fuelling demand for imported machinery...
'Make room for more' - France wants emerging nations to join G7
French Finance Minister Christine Lagarde on Monday reiterated her nation's position that big emerging nation economies should be allowed to join the powerful Group of Seven industrialised nations forum that has a large say in global economic policy...
Circuit City files for bankruptcy protection
Circuit City Stores, America's second-biggest electronics retailer, filed for bankruptcy protection Monday but will stay open for business as the holidays approach.It filed under Chapter 11 of the bankruptcy code, which will allow it to hold off...
Additional aid for AIG
The United States government on Monday provided new financial assistance to troubled insurance giant American International Group, including pouring US$40 billion into the company in return for partial ownership.The action was announced jointly by the...
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