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Business

Published:Friday | November 7, 2025 | 12:08 AM

Just nine months in, General Accident Insurance Company Jamaica Limited’s earnings have already surged past the full-year results for all of 2024, performance that positioned the insurer for a strong year end close; but that was before Melissa....

Published:Friday | November 7, 2025 | 12:08 AM

Caribbean Cream Limited’s Montego Bay depot sustained damage during Hurricane Melissa, but the company expects to be back to normal before the busy holiday season. The ice cream company, which trades as Kremi, is already grappling with losses,...

Published:Thursday | November 6, 2025 | 12:07 AM

Google Maps is heading in a new direction with artificial intelligence sitting in the passenger’s seat. Fuelled by Google’s Gemini AI technology, the world’s most popular navigation app will become a more conversational companion as part of a...

Published:Wednesday | November 5, 2025 | 12:21 AM

The European Union has agreed with China on stabilising the flow of rare earth materials and products from China that are critical elements for many high-tech and military products, an official said Tuesday. EU trade commissioner Maroš Šefčovič met...

Published:Wednesday | November 5, 2025 | 12:21 AM

Verisk Analytics, a global data analytics firm, estimates that insured property losses from Hurricane Melissa in Jamaica could range between US$2.2 billion and US$4.2 billion, but these figures await corroboration from local insurance and other...

Published:Wednesday | November 5, 2025 | 12:21 AM

All nations of the world had homework this year: submit new-and-improved plans to fight climate change. But the plans they handed in “have barely moved the needle” on reducing Earth’s future warming, a new United Nations report finds. And a good...

Published:Wednesday | November 5, 2025 | 12:21 AM

Artificial intelligence company Stability AI mostly prevailed against Getty Images on Tuesday in a British court battle over intellectual property. Seattle-based Getty had accused Stability AI of infringing its copyright and trademark by scraping...

Published:Wednesday | November 5, 2025 | 12:19 AM

When announcing an aggressive policy, US President Donald Trump typically offers some grotesque justification – a nonsensical fiction that is supposed to stick in our minds as a rationale for violence. The more we swallow these lies now, the harder...

Published:Wednesday | November 5, 2025 | 12:12 AM

Small business operators who have suffered damage to their business or personal property from Hurricane Melissa are being urged to meet with their creditor institutions immediately in order to renegotiate their loans. Dennise Williams, second vice...

Published:Wednesday | November 5, 2025 | 12:12 AM

In the wake of Hurricane Melissa, the Small Business Association of Jamaica, SBAJ, is urging the Jamaican government and big businesses to review policies to help micro, small and medium-sized enterprises get back on their feet as soon as possible...

Published:Wednesday | November 5, 2025 | 12:12 AM

CAC 2000 Limited has reported a net loss for the third quarter ended July 2025, citing persistent logistical challenges, increased operating expenses, and delayed project invoicing. The air-conditioning and energy solutions company made a loss of $...

Published:Wednesday | November 5, 2025 | 12:11 AM

Indian authorities in late October carried out a cloud-seeding experiment over smog-choked New Delhi in an attempt to induce rainfall and clear the city’s toxic air, which has sparked anger among residents. A plane sprayed chemicals into clouds...

Published:Wednesday | November 5, 2025 | 12:08 AM

The Postal Corporation of Jamaica, which operates as Jamaica Post, has scaled back its outbound deliveries to currently one-quarter of the world nations, and that’s before factoring in disruptions caused by Hurricane Melissa. The slowdown has...

Published:Wednesday | November 5, 2025 | 12:05 AM

Banks continue to reopen branches on a phased basis as they recover from Hurricane Melissa. Scotiabank: On Monday, Scotiabank said many of its employees are still unable to report for work, but that it’s “redeploying staff from less affected...

Published:Tuesday | November 4, 2025 | 12:07 AM

Kimberly-Clark is buying Tylenol maker Kenvue in a cash and stock deal worth about US$48.7 billion, creating a massive consumer health goods company. Shareholders of Kimberly-Clark will own about 54 per cent of the combined company. Kenvue...

Published:Sunday | November 2, 2025 | 12:10 AM

Airfare from Jamaica to some top destinations in the United States has spiked temporarily, as travellers scramble to rebook cancelled trips in the aftermath of Hurricane Melissa, according to data from flight aggregators such as Kayak and Expedia....

Published:Sunday | November 2, 2025 | 12:07 AM

The United Nations General Assembly voted overwhelmingly Wednesday to condemn the American economic embargo of Cuba for a 33rd year. Yet the vote, as Hurricane Melissa tore through the island nation, softened Washington’s isolation on a long-...

Published:Sunday | November 2, 2025 | 12:07 AM

The meeting between the presidents of the United States and China on Thursday produced a raft of decisions to help dial back trade tensions, but no agreement on TikTok’s ownership. “China will work with the US to properly resolve issues related to...

Published:Sunday | November 2, 2025 | 12:07 AMLuke Douglas - Senior Business Reporter

Egg farmers may have sustained greater losses during Hurricane Melissa than during Hurricane Beryl in July last year, according to anecdotal reports reaching the Financial Gleaner. However, the status of the wider poultry sector was immediately...

Published:Sunday | November 2, 2025 | 12:07 AM

Hurricane Melissa has come and gone, but she will not be forgotten because of the life-changing effects she has inflicted on a significant portion of the Jamaican population. Eventually, each victim will have to embark on a path leading to recovery...

Published:Sunday | November 2, 2025 | 12:07 AMYuen Yuen Ang - Guest Columnist

Conflicts, trade wars, inequality, and democratic decay fill today’s headlines. Each crisis appears to be feeding the next, and it can feel as though the world is coming apart. Western leaders and thinkers have embraced a single word to capture...

Published:Sunday | November 2, 2025 | 12:06 AM

After the clouds clear, the wind dies down, and the floodwaters retreat, the real reckoning begins. This is not abstract or distant forecast. It is our neighbours hauling fallen trees and zinc from yards. It is farmers standing in stunned silence...

Published:Friday | October 31, 2025 | 12:11 AM

President of the United States Donald Trump described his face-to-face with President of China Xi Jinping on Thursday as a roaring success, saying he would cut tariffs on China, while Beijing had agreed to allow the export of rare earth elements...

Published:Friday | October 31, 2025 | 12:10 AM

The European Central Bank, ECB, left its key interest rate unchanged on Thursday as inflation remains under control and European businesses weather the impact of higher American tariffs better than previously feared. The bank’s deposit rate has...

Published:Friday | October 31, 2025 | 12:10 AM

Businesses and financial markets were slowly ramping up operations on Thursday even as damage assessments continued in the wake of Hurricane Melissa, which hit Jamaica with Category 5 strength, leaving lives upended and some homes and businesses...

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