Jamaica Gleaner Business

Published: Monday Thursday | January 29, 2009

Citigroup gives up corporate jet
Citigroup won't be getting a new corporate jet, after pressure from United States president Barack Obama over how banks are spending government bailout money.One of the largest US banks reversed course, Citigroup announcing that it will not take delivery of the jet ...

JMMB to cut 50 employees
Jamaica Money Market Brokers (JMMB) is to cut 50 of its 350 staff positions, joining the list of public and private companies shedding some of its staff costs as the country continues to grapple with the worsening global economic downturn...