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Business

Published:Wednesday | May 29, 2024 | 12:05 AM

Nigeria’s government is cracking down on illegal mining, making dozens of arrests of unlicensed miners since April for allegedly stealing the country’s lithium, a critical mineral used in batteries for electric vehicles, smartphones and power...

Published:Tuesday | May 28, 2024 | 12:08 AM

Vice-President of the United States Kamala Harris announced on Friday the formation of a new partnership to help provide internet access to 80 per cent of Africa by 2030, up from roughly 40 per cent now. The announcement comes as follow-through on...

Published:Sunday | May 26, 2024 | 12:11 AM

United Nations member countries on Friday concluded a new treaty to ensure that genetic resources used in inventions, like new medicines derived from exotic plants in the Andes mountains, are properly traced. It marks the first time the 193 member...

Published:Sunday | May 26, 2024 | 12:10 AM

Minister of Justice Delroy Chuck disclosed during his contribution to the 2024-25 Sectoral Debate in the House of Representatives last week that $530 million was paid as judgment debts in the last financial year. The payments were for 182 matters....

Published:Sunday | May 26, 2024 | 12:10 AM

As a Jamaican employee, you are worried about the future of our nation. Perhaps it appears as if we are stumbling along, barely keeping our heads above water. At the same time, you are aware of the power of a corporate vision. You wonder why...

Published:Sunday | May 26, 2024 | 12:10 AM

Money market funds are meant to be the most conservative of the mutual funds and unit trusts. Their primary investment objective is capital preservation, which is best achieved by short-term interest-bearing securities, which tend not to experience...

Published:Sunday | May 26, 2024 | 12:09 AM

The death of a British man and injuries impacting dozens of other people aboard a Singapore Airlines flight that hit severe turbulence Tuesday highlighted the potential dangers of flying through unstable air. The exact cause of the 73-year-old man’...

Published:Sunday | May 26, 2024 | 12:09 AM

A United Nations tribunal on maritime law said on Tuesday that countries are legally required to reduce greenhouse gas pollution, a victory for small island nations that are on the frontlines of climate change. The International Tribunal for the...

Published:Sunday | May 26, 2024 | 12:08 AM

Anita Akpeere prepared fried rice in her kitchen in Ghana’s capital as a flurry of notifications for restaurant orders lit up apps on her phone. “I don’t think I could work without a phone in my line of business,” she said as requests came in for...

Published:Sunday | May 26, 2024 | 12:06 AM

CIBC Caribbean will close its Bahamas call centre and relocate the one in Jamaica to Kingston amid plans to reshape all its call centre operations into a “digital branch”. The banking group also reported on Friday that it will be deploying another...

Published:Sunday | May 26, 2024 | 12:05 AM

Specialty Coffee Company bond met with the JCSD in the past week to discuss their demands ahead of a vote to extend a bond issued by the coffee investment company, an entity connected to businessman Michael Lee-Chin. “The trustee received a request...

Published:Friday | May 24, 2024 | 12:08 AM

Seprod Limited will spend nearly $1 billion to upgrade its beverage facility in Bog Walk, St Catherine. It will allow the company to meet rising demand for the Swizzle, Cool Fruit, Monster Milk and Supligen brands, said Seprod CEO Richard Pandohie...

Published:Friday | May 24, 2024 | 12:07 AMSteven Jackson - Senior Business Reporter

Securities dealer Barita Investments Limited has said it is among the investors looking to score shares in NCB Financial Group Limited, NCBFG, under the banking conglomerate’s additional public offering of shares that will close in a matter of days...

Published:Friday | May 24, 2024 | 12:07 AM

Hardware company Lumber Depot Limited has taken a stake in a rival operation. Lumber Depot announced on Tuesday that it bought a 35 per cent stake in Atlantic Hardware...

Published:Friday | May 24, 2024 | 12:07 AM

Long-time Apple executive Phil Schiller on Wednesday acknowledged that a court-ordered makeover of the US payment system in its iPhone app store hasn’t done much to increase competition – a shortcoming that could result in a federal judge demanding...

Published:Friday | May 24, 2024 | 12:07 AM

Exploring the cosmos makes for happy employees, federal workers like to work from home like everyone else, and an agency that has struggled with low morale is showing improvement. Those are some of the highlights of a survey released Monday of more...

Published:Friday | May 24, 2024 | 12:07 AM

In March, Chinese Premier Li Qiang announced an ambitious economic growth target of five per cent for 2024. In a subsequent commentary, former World Bank chief economist Justin Yifu Lin endorsed the government’s target, predicting that China’s...

Published:Friday | May 24, 2024 | 12:07 AM

After failing in several US states this year, global chemical manufacturer Bayer said Tuesday that it plans to amplify efforts to create a legal shield against a proliferation of lawsuits alleging that it failed to warn that its popular weedkiller...

Published:Friday | May 24, 2024 | 12:07 AM

Inflation in the United Kingdom fell sharply to its lowest level in nearly three years in April on the back of big declines in domestic bills, official figures showed on Wednesday. The drop was widely seen as a trigger for Prime Minister Rishi...

Published:Friday | May 24, 2024 | 12:07 AM

After several unexpectedly high inflation readings, US Federal Reserve officials concluded at a meeting earlier this month that it would take longer than they previously thought for inflation to cool enough to justify reducing their key interest...

Published:Friday | May 24, 2024 | 12:06 AM

Saudi Arabia’s national airline ordered more than 100 new Airbus jets, a reflection of the kingdom’s ambitious drive to lure more tourists. Saudia Group, which represents the Saudia airline and its budget carrier Flyadeal, said Monday that it...

Published:Friday | May 24, 2024 | 12:06 AM

After Dominican President Luis Abinader coasted into a second term over the weekend, he promised in a nationalistic speech that “the best is yet to come”. But as one of the region’s most popular leaders spoke of economic prosperity and...

Published:Thursday | May 23, 2024 | 12:09 AM

Mastercard said Wednesday that it expects to be able to discover that your credit or debit card number has been compromised well before it ends up in the hands of a cybercriminal. In its latest software update rolling out this week, Mastercard is...

Published:Wednesday | May 22, 2024 | 10:08 AM

NEW YORK (AP) — Mastercard said Wednesday that it expects to be able to discover that your credit or debit card number has been compromised well before it ends up in the hands of a cybercriminal. In its latest software update rolling out this...

Published:Wednesday | May 22, 2024 | 12:10 AM

A delegation from the International Monetary Fund, IMF, ended a nine-day visit to Barbados on Tuesday, having reached a staff-level agreement with Bridgetown on the completion of the third review of the Extended Fund Facility and the Resilience and...

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