Business

Colombia’s foreign minister has “renounced” her US visa to protest a decision by the State Department of the United States to revoke the visa of Colombian President Gustavo Petro, the Colombian government said Monday. The decision by Foreign...

Future Sources Energy Company Limited, which trades as Fesco, will add at least four new service stations to the network by December 2026. The investment will range from $700 million to $1 billion and will be financed from retained earnings and the...

An experimental medication made from marijuana successfully reduced back pain in a new study, offering further support for the drug’s potential in treating one of the most common forms of chronic pain. The 800-patient study by a German drugmaker is...

A federal judge on Thursday approved a US$1.5 billion settlement between artificial intelligence company Anthropic and authors who allege nearly half a million books had been illegally pirated to train chatbots. US District Judge William Alsup...

Concerned citizen John Mahfood put his money where his mouth is. He sponsored a half-page advertorial in this newspaper last Sunday to pose and answer a thought-provoking question: Can the Jamaican people survive another five years of no growth? He...

Although most workplaces have long called back employees into office in the post-pandemic era, options for coworking and virtual office space in Jamaica continue to grow, at least in Kingston. From The Business District Limited founded decades ago...

Ordinary shares can be relied upon to yield very positive returns to investors over the long term, but, because stock markets are cyclical, there are periods when equities do not give positive returns to investors. In those periods, though, the...

Pharmaceutical distributor Indies Pharma Jamaica Limited is expected to tackle the development of its prime real estate holding at Ironshore in Montego Bay, having raised funds to refinance existing debt and for investment. The company issued a new...

R.A. Williams Distributors Limited made a net loss of $1.9 million for the first quarter ended July, reversing a profit of $24 million for the same period last year. The company attributed the downturn to higher expenses, including its sponsorship...

The Companies Office of Jamaica, COJ, is expanding at its current location at Grenada Way in New Kingston to better serve clients but is making plans to relocate within two years, Minister of Industry, Investment and Commerce Aubyn Hill has said....

Spirit Airlines plans to furlough 1,800 flight attendants before the end of the year, the cash-strapped budget carrier said Monday. The company said it made the “difficult decision” to put cabin crew members on temporary leave to match staffing...

Tech giant Oracle will spearhead American oversight of the algorithm and security underlying TikTok’s popular video platform under the terms of a deal laid out this week the Trump administration. All the final details still need to be nailed down...