05222012Headline:

Air Jamaica, NCB ratings also cut

Standard & Poor’s has cut credit ratings on Air Jamaica and National Commercial Bank of Jamaica, bringing them in line, as its policy dictates, with Jamaica’s sovereign ‘CCC+’ rating on local and foreign currency [...]

Drastic spending cuts in July underscore fiscal dilemma

Prime Minister Bruce Golding’s disclosure on Tuesday that the adminis-tration had, in the first four months of the fiscal year, spent $18 billion less than it projected suggests “savings” in July alone at nearly five times [...]

GK returns to core – Sells stakes in Fidelity, Versair to Goddard

GraceKennedy Limited has sold out its minority interest in Fidelity Motors Limited and its majority holdings in Versair In-Flite Services Limited to partner Goddard Enterprises Limited, saying the divestments were part of a programme to return [...]

eBay, GM kick off online car-selling trial

Hundreds of General Motors’ California dealers will let consumers haggle over the prices of new cars and trucks through the eBay online marketplace under a trial that begins today. About 225 of California’s 250 GM dealers are set [...]

Plan your summer getaway – The cost of ‘stay-cations’

f you are experiencing a wish to spend the rest of August away from home, your options for a respite are many, whether you choose rest in rustic surroundings, or an ultra-modern resort. View post: Plan your summer getaway – The cost of [...]
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