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Jamaica Gleaner Business
published: Sunday | August 6, 2006

No collusion!- Competition watchdog clears banks of charge
There is no evidence of collusion by commercial banks in the setting of interest rates and bank charges, the Fair Trading Commission (FTC) has ruled.

Not so easy to beat the market
If you think you can beat the market, you're probably wrong. And if you think your fund manager can, you are likely wrong again.


Apple to connect iPod in vehicles
NEW YORK, United States (Reuters): Apple Computer Inc. on Thursday said it has teamed up with three major automakers to link its popular iPod music player with car stereos, laying down a new challenge to a fragmented radio industry.


Market snatching up variable bonds
A new variable rate bond will hit the market August 10, the Finance Ministry announced Friday, a day after it released results of an $8.6 billion uptake from a similar instrument placed just over a week ago.


Courts points to asset growth as evidence of strength
Pointing to a strong balance sheet depicting healthy asset growth, managing director of Courts Jamaica Limited, Hayden Singh, says the furniture retailer is a solid company in spite of lengthy negotiations for its sale by creditors of its parent compan


Knowing the time value of money
Of all of the concepts employed by financial analysts and planners, none is more important than the 'time value of money'.


European stocks end higher
LONDON, United Kingdom (AP): European stock markets ended higher Friday after United States jobs data suggested that the Federal Reserve may not raise interest rates, with plans from Philips Electronics and Anglo American to return cash to shareho


Mayberry seeks to calm investor fears
The sharp retreat in its profit and the downward spiral in its share price since it went public 16 months ago, notwithstanding, it's not all bad at Mayberry Investments Limited (MIL).


Mango Walk developers target young home buyers
WESTERN BUREAU: Developers Robert Cartade and Ralph Smith, partners on the Mango Walk Country Club development in Montego Bay, have secured buyers for 42 townhouses in phase one of the three-phase development, scoring at least $369.6 million from the


Five-year fight over $6 million riot award
Dehring Bunting and Golding's managers are seeking guidance from the Supreme Court to avoid a suit from a surviving joint account holder, Rose Ann Sirjue, who is challenging a previous court ruling to transfer the funds to the Administrator General. .


Trade talk collapse is bad news for the Caribbean
The suspension of the World Trade Organisation's (WTO) multilateral round in Geneva on July 24 is bad news for the Caribbean.


Belize announces plans for debt rearrangement
Reuters From (left), Belize's prime minister Said Musa; El Salvador's President Elias Antonio Saca; Honduran President Manuel Zelaya and Mexico's President Vicente Fox attend the inauguration of a new electrical supply power plant in Panama...




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