Jamaica Gleaner Business
Published: Monday Tuesday | January 13, 2009
Citigroup, Morgan Stanley deal to offer more 'capital relief'
Citigroup Inc's stock fell sharply Monday as investors wonder how much more cash the troubled bank will need. Citigroup, in an effort to raise capital, is hammering out a deal to sell the bulk of its retail brokerage to Morgan Stanley. The joint venture -...
SAJ streamlines to enhance relevance
The Shipping Association of Jamaica (SAJ) is reconstituting the leadership of several of its standing committees and revamping one to deliver value-added services to its members and other stakeholders involved in trade.
Fed governor departs January 21
United States Federal Reserve Governor Randall Kroszner announced Monday that he will leave later this month, giving President-elect Barack Obama an opportunity to put his stamp on the central bank. After nearly three years at the Fed, Kroszner said he...
Russia to restart gas pumps
Russia's state gas monopoly has promised to resume shipping Europe-bound gas through Ukraine on Tuesday morning, nearly a week after it shut off the taps and forced countless Europeans to huddle cold and resentful in freezing homes. However, a spokesman...
Longer wait for Olint investors
Members of investment club Olint will have to wait a while longer before knowing if they will recoup any of the money they invested in the entity.Yesterday, the Supreme Court in the Turks and Caicos Islands refused an application by Olint's boss, David...
