The Planning Institute of Jamaica, PIOJ, says said that while the country should expect a recession, steps are being taken to strengthen the economy’s ability to withstand future weather shocks. The agency is forecasting economic decline in the...
Published:Wednesday | November 26, 2025 | 12:07 AM
China’s Alibaba Group posted a 34 per cent jump in revenue from its cloud business in its most recent quarter, buoyed by the boom in artificial intelligence. But overall revenue at the Chinese tech group for the July-September quarter increased by...
Published:Wednesday | November 26, 2025 | 12:07 AM
After an agreement from UN climate talks in the Amazon that fell short of many nations’ expectations, experts found some bright spots alongside weighty reasons for worry in the fight against global warming. The Associated Press asked 17 experts –...
Published:Wednesday | November 26, 2025 | 12:06 AM
On October 28, Jamaica witnessed a once-in-a-generation storm, a Category 5 hurricane, the largest to make landfall on the island since Hurricane Gilbert in 1988, and we are just beginning to understand the depth of the damage and the effort it...
In the wake of Hurricane Melissa, Spur Tree Spices Jamaica Limited says it manufacturing operation has suffered no downtime due to its decision to stockpile raw material for the range of seasonings and sauces it produces. It comes amid extensive...
Published:Wednesday | November 26, 2025 | 12:06 AM
VM Investments Limited has produced its best results in the third quarter, after two periods of losses, year-to-date, but is uncertain what the next period will bring as it assesses the operational and economic fallout of Hurricane Melissa. “...
Published:Wednesday | November 26, 2025 | 12:05 AM
Sygnus Real Estate Finance Limited has closed its financial year on a strong note, with a 150 per cent surge in net profit, buoyed by significant fair value gains on investment properties and joint ventures. Reporting to investors, Chief Investment...
Brazil’s Vice President Geraldo Alckmin on Friday hailed US President Donald Trump’s order to remove the additional import tariffs on some agribusiness products as “significant progress”, but said the country will keep pushing for more exemptions...
The Bank of Jamaica (BOJ) has opted to keep its policy rate unchanged at 5.75 per cent per annum, amid mounting inflation pressures following the passage of Hurricane Melissa. The decision was taken during meetings of the Monetary Policy...
Verizon is laying off more than 13,000 employees in mass job reductions that arrive as the telecommunications giant says it must “reorient” its entire company. The job cuts began on Thursday, per a staff memo from Verizon CEO Dan Schulman. In the...
President Donald Trump is considering pressuring states to stop regulating artificial intelligence (AI) in a draft executive order obtained by The Associated Press. Some in Congress are also weighing whether to temporarily block states from...
France’s government is taking action against artificial intelligence chatbot Grok, which was launched by a company owned by billionaire Elon Musk, after it generated inaccurate French language posts about the use of gas chambers at Auschwitz,...
Imagine your fellow executives adopting a dangerous belief: people only perform when threatened by a crisis like Hurricane Melissa. This point of view sounds plausible, but it worries you. On the positive side, Jamaica’s recent tragedy brought out...
Fears about the artificial intelligence boom turning into an overblown bubble have diminished for now, thanks to a stellar earnings report from Nvidia that illustrated why its indispensable chips transformed it into the world’s most valuable...
The US government on Thursday released a new crash test dummy design that advocates believe will help make cars safer for women. The Department of Transportation will consider using the dummy in the government’s vehicle crash test five-star ratings...
OpenAI and Taiwan electronics giant Foxconn have agreed to a partnership to design and manufacture key equipment for artificial intelligence data centres in the United States as part of ambitious plans to fortify American AI infrastructure....
Chinese technology enterprise Huawei announced that it will launch the ‘Wheelchair Mode’ for its Active Ring feature this month, specifically developed for wheelchair users worldwide, integrating accessibility functions into the sports and health...
When Hurricane Melissa struck New Hope in Westmoreland with Category Five winds, it left devastation – and with it the livelihoods of residents. The storm destroyed homes, businesses, and infrastructure, leaving the country facing a long road to...
Regency Petroleum Company Ltd expects stronger sales in the wake of Hurricane Melissa. “People are signing up for our membership programme in droves,” according to founder and CEO Andrew Williams in a Financial Gleaner interview. “We’ve kept prices...
Walmart delivered another standout quarter, posting strong sales and profits that blew past Wall Street expectations as it wins over more cash-strapped Americans who have grown increasingly anxious about the economy. With other retailers dialling...
Kaya Limited, operator of cannabis stores in Jamaica, reported strong financial gains for the September quarter. But its next report will be coloured by Hurricane Melissa, which inflicted severe damage across the company’s operations, during the...
International rating firm Fitch has affirmed Jamaica’s sovereign credit rating at BB-, but has revised Jamaica’s Outlook from positive to stable, noting the significant damage inflicted by Hurricane Melissa, which it says is expected to lead to an...
Artificial intelligence pioneer Yann LeCun said Wednesday he will leave his job as Meta’s chief AI scientist at the end of the year. LeCun said he will be forming a start-up company to pursue research on advanced forms of AI that can “understand...
Nvidia’s sales of the computing chips powering the artificial intelligence craze surged beyond the lofty bar set by stock market analysts in a performance that mingle ease recent jitters about a Big Tech boom turning into a bust that topples the...
