Business

Social media in finance

by CLIVE WEBB | Wednesday, January, 9 2019    

SOCIAL media is having an impact on our business lives. The immediacy of response, once an expectation, is now a given. How do finance functions address this? Read More

Jamaica to take over Venezuela's 49% stake in Petrojam

Wednesday, January, 9 2019    

The Government of Jamaica has announced that it will take legislative action for ownership of the 49 per cent share in the local oil refinery, PetroJam, held by Venezuelan state-owned oil and natural gas company, PDV Caribe. Read More

Press briefing on shares in Petrojam

Kamina Johnson Smith | Wednesday, January, 9 2019    

Below are the notes from Minister of Foreign Affairs Kamina Johnson Smith in her press breifing yesterday: Ladies and gentlemen of the media, thank you all for being here today for us to address a matter related to Jamaica's energy security. Read More

Modi plans jobs quota for India's 'upper caste poor'

Wednesday, January, 9 2019    

NEW DELHI, India (AFP) -- Prime Minister Narendra Modi's g overnment announced plans Monday to set aside a quota of government jobs for poorer members of India's upper caste, months before what looks set to be a challenging re-election... Read More

Victims of Venezuela crisis despair at prospect of second Maduro term

Wednesday, January, 9 2019    

CARACAS, Venezuela (AFP) — A public transport employee who doesn't earn enough to feed himself, a doctor who watches his patients die for lack of medicines, a lawmaker without a legislature, three generations of one family emigrating — the list of victims of Venezuela's... Read More

Samsung Electronics flags near 30% slump in Q4 operating profit

Wednesday, January, 9 2019    

SEOUL, South Korea (AFP) -- Samsung Electronics on Tuesday flagged its first quarterly profit drop in two years and painted a grim outlook owing to mounting competition from Chinese smartphone makers and declining chip prices. Read More

In space, the US sees a rival in China

Wednesday, January, 9 2019    

WASHINGTON, United States (AFP) — During the Cold War, US eyes were riveted on the Soviet Union's rockets and satellites. But in recent years, it has been China's space programmes that have most worried US strategists. Read More

Samsung launches remote access

Wednesday, January, 9 2019    

Samsung Electronics Co, Ltd. recently announced Remote Access, a new feature that will be available on its Smart TV lineups starting in 2019. The announcement was made ahead of the annual CES 2019 consumer electronics show currently taking place in Las Vegas this week. The event features... Read More

Brazil looks at privatising or closing 100 state firms

Wednesday, January, 9 2019    

BRASILIA, Brazil (AFP) — Brazil's new Government, led by far-right President Jair Bolsonaro, intends to “privatise or close” around 100 State enterprises to cut public debt, the Government said Tuesday. Read More

Mexican president declares few assets, shows bare wallet

Wednesday, January, 9 2019    

MEXICO CITY, Mexico (AFP) — Mexico's austerity crusader, President Andres Manuel Lopez Obrador said Friday his official declaration contained virtually no assets, showing his nearly empty wallet to reporters as evidence. Read More

US gadget love forecast to grow despite trust issues

Wednesday, January, 9 2019    

LAS VEGAS, United States (AFP) — The US tech industry is weathering a crisis of confidence over data protection and a difficult geopolitical situation, with record sales expected in 2019, organisers of the Consumer Electronics Show said Sunday. Read More

Breadmaking robot start-up eyes fresh connections

Wednesday, January, 9 2019    

LAS VEGAS, United States (AFP) — The robot breadmaker came to Las Vegas this week, aiming to bring some freshness to a sector that may be ready for disruption. Read More

Privacy becomes a selling point at tech show

Wednesday, January, 9 2019    

LAS VEGAS, United States (AFP) — Apple is not among the exhibitors at the 2019 Consumer Electronics Show, but that didn't prevent the iPhone maker from sending a message to attendees on a large billboard. Read More

Global natural disasters wreak US$160bn damage in 2018 — Munich Re

Wednesday, January, 9 2019    

FRANKFURT, Germany (AFP) — Natural disasters including wildfires, hurricanes and tsunamis inflicted US$160 billion of damage and claimed 10,400 lives in 2018, German reinsurer Munich Re said yesterday. Read More

Finance heavyweights plan new US stock exchange

Wednesday, January, 9 2019    

New York , United States (AFP) — Several financial heavyweights including Morgan Stanley and Fidelity Investments announced Monday that plans are underway for a new public exchange for stocks, marking a challenge to the NYSE and Nasdaq. Read More



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