Jamaica Gleaner Business

Published: Monday Tuesday | March 3, 2009

Big fall for the DOW
NEW YORK (AP): THE DOW Jones industrial average plunged below 7,000 yesterday for the first time in more than 11 years as investors grow even more pessimistic about the health of banks and, in turn, the economy. A staggering US$61.7 billion in quarterly... Read More...

CLICO now under government control
BELIZE CITY, Belize (CMC): The Belize government has secured a judicial order, placing CLICO (Belize) Limited under the management of the country's Supervisor of Insurance, Alma Gomez.In a press statement on the weekend, Gomez said her office had secured... Read More...

NCB launches web service
The National Commercial Bank has launched a web initiative to give advice to customers grappling with the effects of the global financial meltdown, said Audrey Tugwell-Henry, senior general manager for the bank's retail marketing Division... Read More...

Bankers lose appeal
Former bankers Melanie Tapper and Winston McKenzie have lost their appeal against their convictions for conspiracy to defraud Kingston businessman Bentley Rose and his company, Benros Ltd, of millions of dollars. They will not have to serve time... Read More...