The United States Treasury just made a deal with the other G7 countries that global minimum taxes that were already agreed upon will not apply to American companies. The Group of 7 governments caved under intense pressure from US President Donald...
Cigarette trader Carreras Limited will transition to a new managing director on August 1 when the current office holder Franklin Murillo takes up a new position in the wider British American Tobacco Group. Murrillo is being replaced by Ivan Hurtado...
Real estate developer Michael Lake wants the National Housing Trust, NHT, to do more for the transformation of the inner-city communities of Kingston. Lake, a former chairman of the Jamaica Developers Association, JDA, said the state housing agency...
Key Insurance Company’s board awaits clarity on the company’s future from its parent, GraceKennedy Financial Group Limited, which intends to delist it from the Jamaica Stock Exchange. “We understand that you would be interested in the planning post...
Tropical Battery Company Limited made a profit of $2.78 million, in the March second quarter, reflecting a decline nearly 90 per cent compared to profit of $26.6 million in the year prior. Revenue grew by five per cent to $1.63 billion. Much of the...
Leaders of many of the world’s nations, but not the United States, gathered Monday in Spain to tackle the growing gap between rich and poor nations and try to drum up the trillions of dollars needed to close it. More than 70 world leaders and other...
Power plants and industrial facilities that emit carbon dioxide, the primary driver of global warming, are hopeful that Congress will keep tax credits for capturing the gas and storing it deep underground. The process, called carbon capture and...
Denmark is taking steps toward enacting a ban on the use of ‘deepfake’ imagery online, saying such digital manipulations can stir doubts about reality and foster misinformation. The government said in a statement published Thursday that a “broad...
Weather experts are warning that hurricane forecasts will be severely hampered by the upcoming cut-off of key data from United States Department of Defense satellites, the latest Trump administration move with potential consequences for the quality...
Resource competition has long underpinned international relations. But it seems to be taking centrestage again, much like the nineteenth-century Scramble for Africa or Western grabs for Mideast oil in the last century. As demand rises for the...
Singapore has a low exposure to natural disasters. It is one of the least disaster-prone countries in the world, according to experts. Its location in Southeast Asia provides natural protection from many of the most destructive disasters like...
QUESTION: Can Jamaicans really make money from creating content? BUSINESSWISE: Every week, at least one Jamaican asks me the same thing: How do I make money online from content? It has become the most common question, as someone is always trying...
Jamaica Blue Mountain coffee is a rarity, commanding high prices not just for its taste, but for its story. Its elevation, climate, hand-picked processing, and meticulous standards, all contribute to its reputation. But, in a market where...
Husband-and-wife team Mickoy Holness and Nickeisha Horne Holness have entered the truck dealership market as representatives of a Chinese brand. Holness, who has two decades of experience in trucking, said he was approached by Chinese interests to...
Digital price labels, which are rapidly replacing paper shelf tags at American supermarkets, haven’t led to demand-based pricing surges, according to a new study that examined five years’ worth of prices at one grocery chain. But some shoppers,...
Just steps from the porticos, patios, clay-tiled roofs and manicured lawns of suburbia, Kelly Saxer has gotten used to questions. As she weaves through tomato vines, snaps asparagus and generally gets her hands dirty, visitors and even some nearby...
The United States economy shrank at a 0.5 per cent annual pace in the March quarter, as the trade wars launched by US President Donald Trump disrupted business, the US Commerce Department reported on Thursday, in an unexpected deterioration of...
Despite a challenging 2024 in which it registered a loss of $108 million and a weak first quarter, JFP Limited is upbeat about a return to profitability going forward. Tariffs placed by the United States government on imports from China could...
Supreme Ventures Group is putting US$100 million, or $16 billion in local currency, towards upgrades for Caymanas Park, the home of horse racing in Jamaica. But SVL Group Executive Chairman Gary Peart said the commitment comes with a caveat – that...
Pension plans are not being audited in a timely manner due to a shortage of auditors approved by the Financial Services Commission, FSC, for what is a specialised task, the top spokeswoman for the private pensions market has said. The shortage has...
Wisynco Group Limited is setting up a distillery and brewery, regulatory filings indicate, marking a serious play for the local beer market by the beverage manufacturer and consumer goods company. Its previous effort to enter the market – under a...
Getty Images dropped copyright infringement allegations from its lawsuit against artificial intelligence company Stability AI as closing arguments began Wednesday in the landmark case at Britain’s High Court. Seattle-based Getty’s decision to...
The price of oil tumbled Monday afternoon in an historical move as traders took Iran’s decision to bomb a United States base in Qatar as a signal that it was not planning to do the one thing that could really hurt America: Shut down the flow of oil...
