05202012Headline:

LIME, Claro reach ‘tower-sharing’ agreement

Competing telecoms LIME Jamaica and Claro Jamaica have struck a deal to share cell tower sites, with both companies declaring it a “landmark” agreement and a win for the environment. The specifics of the agreement were not disclosed, [...]

GKRS seeks new delay in Paymaster lawsuit – Seeking permission to appeal July 9 ruling at Privy Council

GraceKenndy Remittance Services Limited (GKRS) has requested another postponment of trial in the lawsuit filed by Paymaster Jamaica Limited, and is seeking permission to appeal a decision by the Jamaican appeal court not to strike out a portion… See [...]

LIME CEO quits – Replaced by operating officer

Richard Dodd, who for 18 months has been at the forefront of the push by Cable & Wireless plc to redefine its regional businesses into a seamless Pan-Caribbean operation under a new name and brand, is stepping down as the boss of LIME Caribbean…. Read [...]

Oil jumps on corporate earnings

Oil prices hovered near $64 a barrel Monday as encouraging quarterly reports from several companies were offset by what could be an extended period of weak demand for energy.Benchmark crude for August delivery rose 42 cents to settle at US$63.98… Read [...]

US$24 trillion exposure

The watchdog over-seeing the federal government financial bailout says the government’s maximum exposure to financial institutions since 2007 could total nearly US$24 trillion, or about US$80,000 for every American. The whopping amount [...]
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