No immediate changes at Esso
There will be no immediate changes at the 37 Esso service stations acquired by Total, says the French company's country manager Luc Maiche. Instead, the next four months will be concentrated on a review of the existing operations, Maiche told Wednesday Business. ...
Remittances slow in 2007 - But Jamaica shoots to US$1.97b
Remittances last year grew to US$66.5 billion, but for the first time within this decade, the regional money flows have failed to record double-digit growth, surprising the agency that tracks the cross-border movement of private funds.Jamaica, however,...
Oil spouts to US$109
Crude oil futures shot to another record high Tuesday, as new buyers looked past mixed projections on petroleum demand to participate in the upward momentum of the past few weeks. Light, sweet crude for April delivery settled 85 cents, or 0.8 per cent,...
Rebuilding equity in the Appleton brand
Lascelles deMercado & Company Limited has taken a strategic decision to rebuild Appleton as a premium rum brand overseas, by going after a market whose purchasing decisions rest on quality over price. Managing director William McConnell says the strategy is already paying off....
NHT contracts Bill Express to collect mortgages
The National Housing Trust (NHT) has inked an 'exclusive' deal with Bill Express that will allow mortgage payments at the GraceKennedy subsidiary's 200 outlets islandwide.The contract is valued at $3.2 million annually, said...
JP banking on turnaround plan - After $728m pre-tax losses
Jamaica Producers Group (JP) swung to losses of $479 million last year, but only after drawing on $249 million of tax credits, chiefly on the back of substantial losses in its dominant prepared, foods business. But, bananas, whose continued tug of war with nature continues...
UWI launches consultancy
The University of the West Indies (UWI) has launched its new consultancy, a subsidiary company whose job is to package and market the research and expertise resident across its campuses. The new UWI Consulting Inc, established with US$150,000 of grant funding...
Wall Street to be fed US$200b - Central banks collaborate to ease credit crunch
The United States (US) Federal Reserve on Tuesday ramped up efforts to provide more relief to squeezed financial institutions, a coordinated action with other central banks aimed at easing a global credit crises that threatens to push the US economy into its first recession...
Effective networking - adding personal touch
I know my clients. I mean, I really know them. Yvonne, the general manager of a performance arts centre, adores Godovia chocolates, so I make sure that each year I schedule a client meeting with her two days before her birthday and surprise her with a huge box...
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