In Thursday’s trading session, the following reflects the movement of the JSE Indices: • The JSE Combined Index advanced by 1,359.15 points (0.38%) to close at 355,190.71 points and the volume traded amounted to 95,088,397 valued at $382,745,276....
Elon Musk on Thursday sparred with an attorney for OpenAI during his third day of testimony in the contentious trial over the company’s pivot from non-profit status to a for-profit venture valued at hundreds of billions of dollars. The trial...
Eppley, the JSE-listed financial services company, has appointed real estate executive Aisha Campbell as president of its real estate and infrastructure division. Campbell, an engineer by profession, exits PROVEN Properties, where as CEO, she...
The Fair Trading Commission (FTC) has launched investigations into possible anti-competitive practices in the pricing and distribution of petroleum products, following complaints from gas station operators against large petroleum marketing...
Caribbean Cement Company Limited posted stronger first-quarter profit in 2026, capitalising on expanded production capacity and hurricane-driven demand after a year in which annual output fell to a near five-year low. The company reported revenue...
Image Plus Consultants Limited which operates under the Apex Radiology brand, plans to acquire the assets and brand of Island Radiology, a move that would extend its footprint into central Jamaica and tighten its grip on the country’s private...
Cricket West Indies (CWI) management expects the organisation to incur a further loss of US$26 million this year before returning to profit in 2027, as the body grapples with the financial consequences of a lean tournament cycle and a men’s team...
Motorists will pay even more for gas on Thursday. The state-owned oil refinery, Petrojam, says E-10 87 is to move up by $4.50 to sell for $185.63 per litre and a litre of E-10 90 will go up by $4.50 to sell for $193.07. Automotive diesel oil...
Net remittance inflows totalled US$247.6 million in February, representing an increase of 3.8 per cent, compared to year-earlier levels, the latest remittance bulletin from the Bank of Jamaica stated. It is the highest percentage rise since...
Consumers are bracing for a new round of price increases as three food manufacturing giants begin passing on the cost of the new sugar tax – with GraceKennedy the first to move, effective May 1. In a customer advisory dated April 24, GraceKennedy...
The kiln expansion at Caribbean Cement Company Limited (CCCL) failed to lift output past one million tonnes in 2025 as production dipped below 2020 pandemic levels, according to data in its annual report. Going forward, operations could see “...
The sale of 93-octane gasolene – a super-premium fuel used in high-performance sports cars – steers closer to entering Jamaica’s retail market, but petroleum marketing companies are divided on its commercial necessity. The Bureau of Standards...
GraceKennedy Limited says it will increase its prices on non-alcoholic sweetened beverages by an average of nine per cent, effective Friday, May 1. In an April 24 notice to its Jamaican retail partners, the company said the upcoming price...
The search has started for a successor to Governor of the Bank of Jamaica (BOJ) Richard Byles whose appointment is set to end on August 18. In making the announcement in a media release on Monday, Finance Minister Fayval Williams said the search...
Jamaica Customs Agency is considering setting up a dedicated drone unit to patrol the island’s ports and coastline amid the country losing more than $26 billion annually in tax and excise revenue to illicit trade. Acting Commissioner of Customs...
Entrepreneurial intention has emerged as one of the strongest predictors of actual entrepreneurial behaviour, serving as a reliable barometer to predict those who will engage in entrepreneurial activities. However, the attitude of many, and the...
Washington: The conversations at the IMF’s Spring Meetings 2026, from April 13 to 17, primarily focused on the ongoing Middle East conflict, its debilitating impact on global economies, and how the Fund can best support low-income economies. And...
Buying House Company Limited says the Government’s decision to expand its cement import quota falls short of what will be needed to maintain stable supply through the second half of the year as Jamaica’s construction sector pushes deeper into...
Revenue from Jamaica’s two major airports fell by US$8.1 million in the first quarter of 2026 as Hurricane Melissa continued to suppress hotel capacity and drain international passenger traffic, according to results released by the Mexican airport...
The difference between financial and personal disaster for children who lose one or both parents before adulthood is preparation – in the form of effective estate planning and the training of children in personal financial management. A will is a...
SpaceX says it has the rights to buy artificial intelligence (AI) coding tool Cursor for US$60 billion later this year as Elon Musk’s space exploration and AI company looks for ways to compete with rivals Anthropic and OpenAI ahead of a planned...
The 1986 Chernobyl disaster fuelled global fears about nuclear power and slowed its development in Europe and elsewhere. Four decades later, however, there’s a revival around the world, a trend that has been given a big boost by war in the Middle...
Turkish lawmakers passed a bill late Wednesday that includes restricting access to social media platforms for children under 15, state media reported. The legislation is the latest in a global trend to protect young people from dangerous online...
A Spanish Town-based organisation has facilitated the planting of 100 acres of private ackee trees orchards across St Thomas and Clarendon – a milestone its backers say could generate more than $213 million for investors over the next decade for...
Supreme Ventures Limited (SVL) expects World Cup football betting to drive quarterly profit this summer. The group expects its second and third quarters to benefit from the football windfall, having already recorded a one-third rise in its March...
