Business

Kitco Market Data

Gold Prices for the three-day period ending Thursday March 2, 2017 Kitco is a Canadian company that buys and sells precious metals such as gold, copper and silver.

CDB President
Dr Warren Smith
CDB President Dr Warren Smith

State sector ‘wastage’ contributing to underperformance of regional economies – CDB president

Improving on the “fragile and uneven” growth which the Caribbean experienced last year requires that borrowing member countries (BMCs) focus more attention on economic activities that allow for the increased generation of foreign exchange “to pay for the goods we import for consumption and production,” President of the Caribbean Development Bank (CDB) Dr Warren Smith said last week.

Marlan Cole
Marlan Cole

Restaurants, food vendors to come under GA/FDD microscope

Roadside sellers, school vendors as well as conventional restaurants offering ready-to-eat food to the public “without the benefit of warmers and chillers that allow for those foods to be served at the correct temperature” are likely to come under greater public health-related pressure to raise their game, Director of the Government Analyst Food and Drugs Department (GA/FDD) Marlan Cole has told the Stabroek Business.

Food safety: Who cares anyway?

An intense if somewhat muted row  has been ensuing between some local business importers and the Government Analyst Food & Drugs Department (GA/FDD) over what has become the prevalent practice by some distributors of importing volumes of food items that do not adhere to the requirements that obtain under the Food and Drugs Act.

Snap bets on hardware as Facebook threat looms

 SAN FRANCISCO (Reuters) – Snap Inc took to the road in London on Monday to promote its initial public offering with a daring proposition: that it can build hot-selling hardware gadgets and ad-friendly software features fast enough to stay one step ahead of Facebook.

Economists in denial

By Robert Skidelsky LONDON – Early last month, Andy Haldane, Chief Economist at the Bank of England (BoE), blamed “irrational behaviour” for the failure of the BoE’s recent forecasting models.

John Lewis says 773 staff to be offered redundancy

LONDON (Reuters) – John Lewis, Britain biggest department store group, said yesterday it was planning to cut hundreds of jobs in a reorganisation of its soft furnishings retailing business and changes to the way it operates its in-store restaurants.

Jennifer Flatts (seated centre) with a batch of class of Elegance trainees

Class and Elegance offering self-development coaching for service sector

In less than two months, Jennifer Flatts, the proprietor of Class and Elegance will launch her latest clutch of Professional Development Workshops in courses aimed at raising service standards, enhancing professionalism and infusing greater confidence by providing specialized instructions in business etiquette and protocol among other disciplines.

Stock market updates

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 709’s trading results showed consideration of $4,247,933 from 52,315 shares traded in 14 transactions as compared to session 708’s trading results, which showed consideration of $6,697,402 from 192,218 shares traded in 21 transactions. 

Kitco Market Data

  Gold Prices for the three-day period  ending Thursday February 23, 2017Kitco is a Canadian company that buys and sells precious metals such as gold, copper and silver.

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