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Jamaica Gleaner Business
published: Wednesday | October 17, 2007

Checkmate - Neal and Massy reaffirms interest in BS&T, as AMCL withdraws
In what seems to be classic outmanoeuvring of its rival, conglomerate Neal and Massy yesterday said it was pressing ahead with its takeover of Barbados Shipping and Trading Limited (BS&T), a day after announcing that it was ready to sell its stake in the company ...

Jerome Maxwell new Jamalco MD - Local refinery now reports to Brazil

Alcoa on Tuesday announced that it had reshaped its regional structure, a move that will see Jamalco falling under the company's Latin America and Caribbean office and reporting to Brazil. The Jamaican operation is also to be led by Jeremy Maxwell, whose appointment...

LoJ to revive dormant retirement product

Life of Jamaica will be launching an individual retirement plan, Wednesday Business has learned, but the company refused to comment saying regulatory approval was pending.The Financial Services Commission (FSC) is in the process of reviewing...

Oil surges above US$88 per barrel - Jamaica facing bigger bill

Oil thundered more than two dollars to a new peak above US$88 a barrel on Tuesday, extending a nine-dollar rally since last week on tight supplies, strong demand and growing tensions in northern Iraq. Jamaica's oil bill, while not escalating at the same levels, is also expected to rise.

Widening current account deficit leaves Jamaica vulnerable - Fitch

But ratings agency maintains stable outlook on Jamaica. Fitch Ratings has affirmed its rating and maintained a stable outlook on Jamaica, but warned on Friday that the heavy imbalance in trade, evidenced by its expanding current account deficit, leaves the country vulnerable...

CariCRIS maintains rating on Goddard - Says McBride fire won't have big impact

Caribbean rating agency CariCRIS has reaffirmed its AA high credit-worthiness rating for Goddard Enterprises, saying a September 3 fire at one of its wholly-owned subsidiaries was unlikely to have a major impact on group performance. Goddard's pesticide production plant...

Trinidad expects little impact from BP corporate restructuring

Oil company BPTT says plans by its UK parent to restructure will have no major impact on its Trinidad operation. Dr Tony Hayward, who took the top spot at BP plc in May, announced last Thursday that he would be reorganising the oil giant's operations into two core business units...

Brazil cops arrest Cisco executives on tax fraud

Brazilian police arrested at least 40 people on Tuesday, including senior executives at Cisco Systems Inc, in a massive tax fraud investigation targeting the U.S.-based technology and network company, authorities said.Police and tax authorities said...

Technical writing made easy

Effective Communication is an important element in the survival of any organisation, and over the last decades, it has become even more important, more so with the advent of the global village. So, where does technical writing come into the picture? Technical writing...





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