Ansa McAl makes US$264m takeover bid for BS&T - Neal & Massy 'won't sell' its 23% stake
Trinidad's AMCL Holdings Limited, a wholly owned subsidiary and affiliate of Ansa McAl Limited, has made its formal offer for all of Barbados Shipping and Trading's shares, but said the bid was conditional on its acquiring at least 50.1 per cent of the conglomerate....
RBTT considering second offer
RBTT Financial Holdings is considering a second offer to acquire the bank and its holdings, but will remain in negotiations with its first suitor, bank sources said Tuesday in the wake of a stock market filing last week....
New 'high-return' investment company appearson radar - FSC warns SwissCash not registered; Malaysia announces injunction
The Financial Services Commission (FSC) has issued a new alert about a company called SwissCash, saying it was not licensed to sell securities in Jamaica. The company, whose website promises returns of 25 per cent per month on U.S. dollar investments...
Exotic Farm to build network for speciality crop production - R&D under way at Bodles
Exotic Farm Produce Limited, a United Kingdom importer of fresh produce mainly from South America, says it will be contracting local growers to produce an assortment of speciality crops in Jamaica to complement its food distribution business...
Gordon-Martin to depart Advantage General
Andrea Gordon-Martin, president of Advantage General, is to leave the organisation shortly, Wednesday Business understands, months after the $6 billion insurance company's rebranding by new owner Michael Lee Chin. Last night, business sources said former financial controller...
The Jamaica Chamber of Commerce's 'priority 8' list of demands - Proposes sanctions for missed budget target
The Jamaica Chamber of Commerce (JCC) yesterday reiterated its annuallist of anticipated policy changes and actions, saying it wanted accountability from the administration that has control of Jamaica House after the August 27 national poll...
Gerber recall won't impact Jamaica, says Ramson
The two baby foods recalled by the New Jersey- based Gerber Products Company on the weekend will not have any effect on business in the Caribbean market, local distributor Chas E Ramson Limited said yesterday. The affected products, Gerber Organic Rice...
Dow Jones index crosses 14,000 - Corporate news fuels Wall Street momentum
The Dow Jones industrial average swept past 14,000 for the firsttime Tuesday after a relatively tame inflation report gave investors reason to extend an extraordinary, but questionable, Wall Street rally. The stock market's best-known indicator crossed...
Goodyear Jamaica brings new tyre to market
Goodyear Jamaica Limited will introduce the Wrangler line of tyres to the local market in a matter of months as the company tries new strategies to rebuild sales. General Manager, Steven Miller, said at the company's annual general meeting Monday that the product would be fully...
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