Published:Wednesday | September 24, 2025 | 12:06 AM
Derrimon Trading Company Limited is taking steps to deleverage, an issue that has become a priority for the group amid concerns by its auditors. CEO Ian Kelly disclosed that discussions were under way with some creditors to refinance portions of...
Published:Wednesday | September 24, 2025 | 12:06 AM
Four months after its official opening, the Morant Bay Urban Centre, MBUC, confirmed tenants are retrofitting their allotted spaces but are yet to start doing business there. The 365,000-square-foot commercial complex, which opened in May, is...
Chipmaker Nvidia will invest US$100 billion in OpenAI as part of a partnership announced Monday that will add at least 10 gigawatts of Nvidia AI data centres to ramp up the computing power for the owner of the artificial intelligence chatbot...
Prime Minister of Canada Mark Carney and President of Mexico Claudia Sheinbaum promised Thursday to strengthen trade relations in the face of US tariff threats and pushed to keep the most important free trade agreement in the Western Hemisphere...
When Cassie Ridgway held her first clothing swap in Portland, Oregon, 14 years ago, she had a few goals: keep clothes out of landfills, help people find free fashion treasures and build community. The swap attracted about 150 people, and grew from...
The Garfield Batts Hotspot Solutions Foundation, GBHSF, was launched at Mr Batts’ funeral service at the St Jude’s Anglican Church, Stony Hill on September 13. He died while driving home to Kingston through the Bog Walk Gorge when his vehicle left...
Low and stable inflation contributes to economic stability and economic growth and is good for the general economy, businesses and individuals. Low inflation fosters confidence and optimism. Businesses are better able to predict future costs and...
Is the agriculture sector fated to die out? Globally, the average age of farmers has been steadily creeping up, approaching 60 in developed countries. This leaves the sector, which supplies roughly one-quarter of jobs worldwide, in a bind. Unless...
QUESTION: I’m in corporate but don’t plan to stay for more than a few more years. I have a few registered businesses and God is also calling me into ministry. I need help organising my business life so I don’t fall into the scam of working and...
Entrepreneurs involved in the production of clothing locally say the sector remains viable but mostly in particular niches, as garment makers are unable to compete with cheaper imports, mainly from China. Custom-made clothing, including corporate...
Nvidia, the world’s leading chipmaker, announced on Thursday that it’s investing US$5 billion in Intel and will collaborate with the struggling semiconductor company. The two companies will team up to work on custom data centres that form the...
My life’s mission has been to create safe, beneficial AI that will make the world a better place. But recently, I’ve been increasingly concerned about people starting to believe so strongly in AIs as conscious entities that they will advocate for ‘...
First Rock Real Estate Investment Limited and its subsidiary FCH Jamaica Developers Limited has settled their debt with Sagicor Bank Jamaica Limited, utilising the proceeds of a corporate note structured and arranged by Mayberry Investments Limited...
Jamaican businesses are bracing for a potential uptick in prices, despite falling annual inflation, which was estimated at 1.2 per cent in August, one of the lowest levels in recent years. “Respondents indicated that they expected the largest...
The Fair Trading Commission, FTC, has released draft guidelines that could shake up the system utilised by certain companies to select third-party service providers. Customers are often directed to the so-called ‘panels’ for certain services,...
Published:Thursday | September 18, 2025 | 12:09 AM
The United States Federal Reserve cut its key interest rate by a quarter-point Wednesday and projected it would do so twice more this year as concern grows at the central bank about the health of the nation’s labour market. The move is the Fed’s...
Published:Wednesday | September 17, 2025 | 12:10 AM
There is the tendency to see the world through the lens of what occupies our thoughts, such as our areas of research or expertise. This is a component of a phenomenon referred to as cognitive bias. This bias reared its head in the aftermath of the...
Published:Wednesday | September 17, 2025 | 12:09 AM
The Trump administration announced that it has reached a framework deal with China for the ownership of the popular social video platform TikTok. US Treasury Secretary Scott Bessent said in a press conference after the latest round of trade talks...
Published:Wednesday | September 17, 2025 | 12:07 AM
Lumber Depot Limited is exploring expansion as the retailer grapples with inadequate operating space at its base in Kingston. “We have approached a range of properties that would serve our expansion needs for storage, warehousing, and pick-up...
Kingston Properties Limited, KPREIT, has been forced to write off a US$1.38-million investment following the foreclosure on a United States-based real estate asset, marking a rare setback for the real estate investment trust. The company disclosed...
Brazil’s President Luiz Inácio Lula da Silva on Sunday pushed back against a 50-per cent tariff on Brazilian imported goods to the United States, arguing that it was “political” and “illogical”. Lula said in a New York Times op-ed that his...
OpenAI has reached a new tentative agreement with Microsoft and said its non-profit, which technically controls its business, will now be given a US$100 billion equity stake in its for-profit corporation. The maker of ChatGPT said it had reached a...
Student use of artificial intelligence has become so prevalent, high school and college educators say, that to assign writing outside of the classroom is like asking students to cheat. “The cheating is off the charts. It’s the worst I’ve seen in my...
Bonds are popular with investors who are keen on the safety of their principal, expecting to receive all of their principal on the maturity date. The experience of some investors, including the elderly who rely on them as a source of retirement...
One of my more faithful readers, a former country head of a global American insurance giant, shared an article with me last month that forms part of today’s content. Its bona fides were excellent: an 80-year-old source calling itself ‘the Swiss...
