The United States Federal Reserve will continue to wait and see how the economy evolves before deciding whether to reduce its key interest rate, Chair Jerome Powell said on Tuesday, a stance directly at odds with US President Donald Trump’s calls...
There has been an increase of 61 per cent in the number of live horses acquired for the racing industry in the first year since the general consumption tax was lifted on the importation of the animals in November 2023. However, the operators of...
The Limners and Bards Limited, also called The LAB, spun from profit of $23 million to a loss of $1 million for the April second quarter on lower revenue. “This was due to a higher proportion of revenue being derived from media, which typically...
The Companies Office of Jamaica listed over 220 companies at risk of being struck off the register for failing to disclose their beneficial owners. The companies have three months dating from May 23 to remedy the breach, COJ said, otherwise they...
The Wisconsin Supreme Court delivered a victory for environmentalists on Tuesday in the fight over ‘forever chemicals’, known as PFAS, issuing a ruling that advocates said will hold polluters accountable. The liberal-controlled court ruled that...
US President Donald Trump’s attacks on Harvard University and its international students have shocked the world, not just because of their crudeness, but also because of their blatant short-sightedness. For decades, leading universities like...
Almost everyone who walks the halls, corridors and the Ring Road on the Mona campus of the University of the West Indies knows at least one of the enterprising vendors who operate across the campus. Those who have spared the time to interact with...
GK General Insurance Company says more than a thousand farmers have taken up coverage under its Weather Protect policy, with nearly half of that number being added in 2024. The product, which was launched six years ago, provides coverage for...
The war between Israel and Iran has raised concerns that Iran could retaliate by trying to close the Strait of Hormuz, the world’s most important oil chokepoint due to the large volumes of crude that pass through it every day. The United States...
Long-term thinking is the new stability. And you need to discover why. As an executive, you are leading an organisation that’s doing well. Revenues are stable, courtesy of a solid offering, dependable partners and happy customers. But beneath the...
We are living through turbulent times. The postwar international order that the United States largely designed and built is in crisis, with multilateralism – its guiding principle – under serious strain. This decline was long in the making. During...
President of the United States Donald Trump signed an executive order on Thursday to keep TikTok running in the US for another 90 days to give his administration more time to broker a deal to bring the social media platform under American...
Music streaming service Deezer said Friday that it will start flagging albums with AI-generated songs, part of its fight against streaming fraudsters. Deezer, based in Paris, is grappling with a surge in music on its platform created using...
The demand for workers with artificial intelligence-driven skills is accelerating in all industries, globally. This was one of the findings of a report summarised in last Wednesday’s Gleaner titled The Fearless Future: PwC’s 2025 Global AI Jobs...
Few products so effortlessly merge luxury, heritage and national pride as does Jamaica Blue Mountain coffee. From the misty peaks of the Blue Mountains in Jamaica to the five-star cafés in Tokyo and boutique roasters in Europe, JBM coffee is a...
With earnings and employment in the business process outsourcing sector having hit a plateau in the last year, logistics is said to be emerging as the next driver of foreign exchange earnings and jobs. Wayne Sinclair, president of the Global...
E-commerce giant Amazon is gearing up to make as many as 10,000 robotaxis annually at a sprawling plant near Silicon Valley as it prepares to challenge self-driving cab leader Waymo. Tesla CEO Elon Musk is also vying to join the autonomous race....
The Bank of England warned on Thursday about the “highly unpredictable” geopolitical environment as it kept its main interest rate unchanged at the two-year low of 4.25 per cent. With concerns mounting over the conflict between Israel and Iran, and...
Since taking over as CEO of GraceKennedy Group in February, Frank James, who was promoted from within, is keeping his eye on the company’s prize: hitting US$2 billion in revenue by year 2030, which translates to about $320 billion at current...
Brazil auctioned off several land and offshore potential oil sites near the Amazon River on Tuesday as it aims to expand production in untapped regions, despite protests from environmental and Indigenous groups. The event came months before Brazil...
Nippon Steel and US Steel said they have finalised their “historic partnership”, a deal that gives the United States government a say in some matters and comes a year and a half after the Japanese company first proposed its nearly US$15-billion...
America’s financial outlook has darkened under Donald Trump’s leadership. All three major credit rating agencies now rank US federal debt one notch below triple-A, and Jamie Dimon, the chairman and CEO of JPMorgan Chase, warns of a crack in the US...
Representatives of businessman Michael Lee-Chin are working to reschedule bondholder meetings that were postponed this week. The meetings were called over delayed or missed payments and a new proposal for the servicing of nine bond tranches issued...
Medical Disposables and Supplies Limited has chalked up another year in the red. But CEO Kurt Boothe says the end of the downturn is in sight. The distribution company made a net loss of $281 million at year ending March 2025, which was a better...
