Business

Spain may recapitalise Bankia with Spanish government bonds in return for shares in the bank which last week asked for rescue funding of US$24 billion, a government source told Reuters yesterday.

Four new opinion polls indicate that Greece’s June 17 election could produce another hung parliament but that two mainstream parties that favour implementing Greece’s bailout programs could be able to form a coalition government this time.

Jamaica Money Market Brokers Ltd (JMMB) is moving to conclude its offer to acquire 100 per cent of Capital and Credit Financial Group Ltd (CCFG), which is also a Jamaican financial services company.

Political parties in Greece have criticised IMF head Christine Lagarde for suggesting that Greeks were avoiding paying taxes.

WEEKLY BULLETIN for week ended may 25, 2012

There’s been much ado about connectivity in the air lately with Digicel launching its new 4G service more than a week ago and bMobile, the mobile arm of majority state-owned TSTT, rolling out its bzones around the country.

The United States and Japan must tackle their tax issues and China must relax restrictions on the yuan, as they share responsibility with Europe for restoring global economic health, EU leaders said ahead of a June summit of the G20 leading...

Massive erosion, rising sea levels and destruction of coconut estates due to the red palm disease have wreaked havoc in Cedros over the last decade.