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VIENNA (AP)—The countries of the OPEC cartel agreed on Friday to pump 1 million barrels more crude oil per day, a move that should help contain the recent rise in global energy prices.

Questions remain, however, over the ability of some OPEC nations—Iran and Venezuela in particular—to increase production as they struggle with domestic turmoil and...

Thursday, January 20, 2011

Apple Inc said yesterday that its net income for the holiday quarter jumped 78 per cent as shoppers snapped up more iPads than analysts predicted. The results sent shares climbing in after-hours trading.

Thursday, January 20, 2011

MINNEAPOLIS—Agribusiness conglomerate Cargill Inc said yesterday it will turn over its 64 per cent stake in fertiliser maker Mosaic Co to Cargill stakeholders and debt holders in an effort to boost Cargill’s credit profile and keep it a private company.

Thursday, January 20, 2011

WASHINGTON—President Barack Obama, in another move to smooth frayed ties with corporate America, ordered a far-reaching review of federal regulations Tuesday with the goal of weeding out rules that hurt job growth and creation.

Tuesday, January 18, 2011

NEW YORK—Goldman Sachs Group Inc has prohibited US investors from participating in a private offering expected to raise up to US$1.5 billion for social networking site Facebook, citing widespread media coverage that could run afoul of securities guidelines.

Wednesday, January 19, 2011

SEATTLE—Apple Inc CEO Steve Jobs is taking his second medical leave of absence in two years, raising serious questions about his health and the leadership of a company at the forefront of a personal computing revolution.

Wednesday, January 19, 2011

Overall Market activity resulted from trading in nine securities of which two advanced, one declined and six traded firm.

Wednesday, January 19, 2011

While the country’s banking sector has weathered the global economic crisis relatively unscathed, the banks were criticised for the high cost of doing business.

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.

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