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State owned Petrotrin is on the edge and has to be run as a business if it is to survive.

That was the grim picture painted by the energy company’s chairman is his contribution to a stakeholder’s form hosted by the Lloyd Best Institute at the Government Plaza Auditorium in Port-of-Spain yesterday.

“Petrotrin is at a precipice whereby...

Monday, January 17, 2011

National Commercial Bank (Jamaica) Limited
(NCBJ) – 13.01.11 National Commercial Bank (Jamaica) Limited has advised the Exchange that on December 21 and 22, 2010, a Director purchased 10,000 and 23,000 NCBJ shares respectively.

Monday, January 17, 2011

Global oil prices have risen too high, too quickly but increased OPEC output will not stem the rise as the climb is driven by demand, the chief executive of French oil major Total said yesterday.

Monday, January 17, 2011

TEHRAN—OPEC’s leading oil price hawk Iran joined Venezuela and Libya yesterday to say it saw no need for the cartel to consider raising crude supplies to rein in crude prices now near $100 a barrel.

Sunday, January 16, 2011

 Works and Transport Minister Jack Warner has described the merger between Caribbean Airlines Ltd (CAL) and Air Jamaica as a good deal and a win-win situation for all. Before a packed ballroom at the Pegasus Hotel on Friday, Warner said the merger which represents one airline, one vision, and...

Sunday, January 16, 2011

The market this week saw a significant decline in trading activity when compared to the previous week. There were 846,429 shares traded on the First Tier Market, which represented a decline of 46.42 per cent on last week’s volume of 1,579,670 shares.

Sunday, January 16, 2011

 BP has signed a joint venture with Russian energy firm Rosneft to exploit potentially huge deposits of oil and gas in Russia’s Arctic shelf. The “strategic global alliance” will see the firms exchange expertise in exploring the region. As part of the deal Rosneft will take five per cent of BP’s...

Saturday, January 15, 2011

Overall Market activity resulted from trading in seven securities of which three advanced, none declined and four traded firm.

Saturday, January 15, 2011

NEW YORK —Online coupon site Groupon and Internet radio company Pandora are moving ahead with plans for initial public offerings, sources familiar with the matter told Reuters.

Saturday, January 15, 2011

NEW YORK—JPMorgan Chase & Co pleased investors yesterday with news that it will raise its dividend soon, pending approval from the Federal Reserve.

Saturday, January 15, 2011

Barbados will once again host the CaribbeanTales Film Festival (CTFF), Symposium & Marketplace from March 7 – 20. The festival follows a highly successful event held last year that was a major boost for the local and regional film industry.

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