Business

Greg Abel paid tribute to his predecessor Warren Buffett, while promising in his first shareholder letter that Berkshire Hathaway will not retreat from investing or make significant changes in the way it operates. Abel said he will always maintain...

Remittances to Jamaica rose 3.8 per cent in 2025, as a sharp post-hurricane rebound in the final two months of the year more than offset the slump that followed Hurricane Melissa’s October landfall. The calendar-year total of US$3.49 billion edged...

Cement Company Limited (CCC) made $5.9-billion profit for the year ended December 2025, or flat compared to year-earlier levels, despite the passage of Hurricane Melissa. Also, the island’s sole cement maker posted record revenue of $31.5 billion...

The ‘Life in Venice’ housing development, a multibillion-dollar replica of the Italian city on the Chinese coast, stands silent. Many of the tens of thousands of homes are hollow husks of concrete and alabaster. But in recent years the remote,...

The Trump administration on Friday ordered all US agencies to stop using Anthropic’s artificial intelligence (AI) technology and imposed other major penalties, culminating in an unusually public clash between the government and the company over AI...

Ash Wednesday, February 18, marked the beginning of Lent, forty days of preparation for Easter, for many Jamaicans. Beyond its religious significance, this time of renewal can also be a period of significance for adopting and maintaining meaningful...

Local insurance brokerages are pushing parametric coverage as a complement to traditional policies for companies still stinging from shortfalls exposed by two recent hurricanes — and one Kingston firm is bringing the world’s largest reinsurers...

In Thursday’s trading session the following reflects the movement of the JSE Indices: • The JSE Combined Index advanced by 888.78 points (0.25%) to close at 352,983.91 points and the volume traded amounted to 35,407,373 valued at $134,657,826.93...

Your company is doing much right. Your executives, however, are uneasy about the future and what might be waiting over the horizon. These fears are genuine, but do they warrant a hearing? Consider a Kingston-based business. They handled every...

The Bank of Jamaica (BOJ) projects that the US dollar will remain largely stable against Jamaica’s major trading partners over the next two years, though the central bank stopped short of offering a definitive outlook for the local currency. In its...

Excelerate Energy delivered record financial results in 2025, with its Jamaican operations emerging as the single biggest driver for the US-based liquefied natural gas (LNG) company. The company reported full-year net income of US$167 million and...

Century Aluminium pumped US$34 million (about J$5.3 billion) into capital upgrades at its majority-owned Jamalco alumina refinery, racing to sever the operation’s dependence on the island’s power grid after Hurricane Melissa exposed the cost of...