Business

Valero Energy Corporation said yesterday that it will report a loss in the first quarter after taking a charge of US$605 million to close an oil refinery in Aruba.

Visitor arrivals in Jamaica totalled 3.07 million in 2011, an 8.4 per cent increase over 2010 figures and an all-time record for the Caribbean nation, according to the December 2011 Monthly Statistical Report published by the Jamaica Tourist Board (...

Former Colombian finance minister Jose Antonio Ocampo, who ended his bid to become World Bank president on Friday, means two candidates are left in an unprecedented challenge to United States’ control of the global development institution.

A multi-million-dollar signing ceremony will take place at the Ministry of Trade and Industry, Nicholas Towers, Independence Square, Port-of-Spain, at 9.30 am today.

Washington should turn back to alliances with neighbors in Latin America rather than focus on faraway conflicts like Afghanistan, Colombia’s president said on Friday before welcoming President Barack Obama to the Americas Summit.

Prime Minister Kamla Persad-Bissessar on Saturday morning held talks with Canadian Prime Minister Stephen Harper prior to the commencement of a Caricom-Canada meeting at the Sixth Summit of the Americas.

Chen Lifeng’s dress-making company survived the global financial crisis yet may fall victim to today’s milder economic slowdown, one that China deems necessary to secure its future growth.

A supplementary report by the Organisation for Economic Co-operation and Development (OECD) global forum on transparency and exchange of information for tax purposes has affirmed that Barbados has satisfied all requirements under Phase 1 of its the...