Prepare to lead, young execs told
Young shipping industry workers have been encouraged to prepare themselves for the next phase of leadership in the sector. The call came from Trevor Riley, general manager of the Shipping Association of Jamaica (SAJ), during a luncheon on February 28...
AA swoops into Florida market
WESTERN BUREAU: American Airlines has entered the competitive Jamaica/ Fort Lauderdale, Florida, market which is currently controlled by Air Jamaica and Spirit Air. The American carrier, which has a legacy of over 30 years in Jamaica, announced yesterday that it will commence...
Int'l stock markets tumble, Wall Street fluctuates
European and Asian stock markets tumbled Monday as investors reacted nervously to a steep decline on Wall Street last Friday after disappointing economic and corporate news rekindled worries about a United States recession. The United Kingdom's benchmark FTSE 100 fell 1.3 per cent...
Alcoa wraps up sale of packaging business
Alcoa said last Friday it had completed the sale of packaging and consumer businesses to New Zealand's Rank Group Limited. Lehman Brothers acted as financial adviser to Alcoa on the deal, which was valued at US$2.7 billion....
Oil spouts higher
The surging price of oil reached another milestone yesterday, jumping to an inflation adjusted record high of US$103.95.The weaker dollar that has propelled oil and other commodities prices higher sent light, sweet crude for April delivery past...
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