Jamaica Gleaner Business
Published: Monday Tuesday | February 17, 2009
Mini minimises
BMW on Monday laid off 850 workers and scaled down production at its British factory which builds the Mini car, in an effort to adjust to weaker demand. The job cuts follow a review of operations at the factory in Cowley, near Oxford, where production will be suspended... Read More...
Northern Rock shareholders lose compensation battle
A British court on Friday rejected claims by former shareholders in nationalised mortgage lender Northern Rock that the government was being unfair in a plan to compensate them.The Treasury took over the shares when Northern Rock was nationalised a year... Read More...
No aid coming from US stimulus - Hughes
THE GLOBAL economic meltdown will continue to have an adverse effect on the Jamaican economy this year, according to Director General of the Planning Institute of Jamaica (PIOJ) Dr Wesley Hughes. Hughes said prospects of the United States stimulus... Read More...
Antigua looks at Stanford Bank amid investigation
SAN JUAN, Puerto Rico (AP):Antigua banking regulators will make a preliminary inquiry into the operations of a bank that is under the scrutiny of United States financial authorities, officials in the twin-island Caribbean nation said... Read More...
