New Digicel placement
Digicel Limited (DL), an affiliate of Digicel Group Limited, on Tuesday offered up for sale an additional US$250 million of its 12 per cent senior notes, in a private placement in New York, a portion of which will finance future unspecificied acquisitions...
Fiscal deficit hits $22b, busts two-month target
Two months into the fiscal year, Jamaica's fiscal deficit has topped $22 billion, an outcome that has already busted targets for the period, even though the finance ministry had more than doubled its projections in anticipation of a massive gap...
Stanford to stay in jail, King under house arrest
A judge has revoked bond for Texas financier R. Allen Stanford, who is charged with swindling investors out of US$7 billion. US District Judge David Hittner on Tuesday approved a request by prosecutors to overturn a magistrate judge's decision...
American Home Assurance to rebrand - Name change expected by yearend
American Home Assurance, including the Jamaican subsidiary of the New York-based insurer, is expected to have a new name by yearend - a move aimed at sprucing up the brand that did not escape some of the tarnish from its ultimate parent, AIG group...
JSE, JTI partner on junior exchange listings
The Jamaica Stock Exchange (JSE) will today formalise a partnership with Jamaica Trade and Invest that both parties expect to position small and medium companies for listing on the exchange. The memorandum of understanding to be signed at the offices...
Digicel, FIMI Wireless say Honduras operations unaffected
Digicel Group said Tuesday it was keeping a watchful eye on events in Honduras but had not to date seen any interruptions in business in the Central American nation where soldiers and civilians have been clashing in the streets...
Apple CEO back on the job - To work from home and office
Apple Inc co-founder and CEO Steve Jobs is back at work after a five-and-a-half-month medical leave, during which he received a liver transplant. Jobs, 54, is working from Apple's Cupertino, California headquarters "a few days a week" and working from home...
Emergency medical technician - Sergeant Shadia Walter-Seaton
Shadia Walter-Seaton, a 34-year-old fire sergeant in the Jamaica Fire Brigade was one of the first recruits tapped for the Emergency Medical Services (EMS), a new unit created in 1996. Started in western Jamaica, the EMS now exists in six 'sides'...