LONDON: BRITAIN AND its former partners in the European Union (EU) have struck a deal to cooperate more on tackling illegal migration, in the latest sign of a thawing in relations between the two sides following Brexit. The British government said...
Nvidia’s stock price jumped 16 per cent on Thursday, increasing the company’s market value by a staggering $273 billion in just one day, a record amount. The chipmaker has been seeing soaring demand for its semiconductors, which are used to power...
IF THERE’S one thing in life that’s guaranteed, it is that we will all age. It is an inevitable part of the human life cycle, yet the pace at which our population is ageing is unprecedented, and the implications of this massive demographic shift we...
A FEW days ago, I read the Jamaica Fire Brigade’s (JFB) report on its activities for the 2023 calendar year that was published in this newspaper. Details of the report were not posted on the brigade’s website at the time. Also absent was JFB...
TECHNOLOGY FIRM Productive Business Solutions Limited (PBS), controlled largely by businessman PB Scott, made US$11.4 million (J$1.8 billion) in profit for its full year ending December, or one-third higher than a year earlier. Management described...
The Tourism Workers Pension Scheme (TWPS) came into being upon the enactment of The Tourism Workers Pension Act 2019. A defined contribution pension scheme, it is the source from which tourism workers and self-employed workers in the tourism...
DATA PROTECTION consultancy firm Securys is setting up an operational hub in Jamaica. The company, which is based in the United Kingdom, is set to broaden its presence in the Caribbean region with the new branch in Jamaica. The company already has...
SENATOR DANA Morris Dixon, minister without portfolio in the Office of the Prime Minister, indicates that the National Identification System (NIDS) is expected to be deployed in the first quarter of 2024 as long as the relevant regulations are...
KINGSTOWN, St Vincent: ST VINCENT AND and the Grenadines Prime Minister Dr Ralph Gonsalves on Wednesday said he is not prepared to comment on the ongoing situation regarding the embattled President of the Barbados-based Caribbean Development Bank (...
SEPROD SUBSIDIARY AS Bryden Holdings (ASBH) is banking its future growth on a new logistics hub in central Trinidad. CEO Richard Pandohie says this facility is expected to be operational by December 2025. He says the new logistics and distribution...
GEORGETOWN, Guyana: THE PRESIDENT of ExxonMobil Guyana, Alistair Routledge, says the establishment of a local supply chain to support Guyana’s rapidly advancing oil and gas sector was not only important to improve the efficiency of the company’s...
SANTA CLARA, California: NVIDIA CORP, which has seen its value skyrocket over the past year, thanks to soaring demand for its graphics chips used for artificial intelligence (AI), posted stronger-than-expected results on Wednesday for its latest...
BANGKOK: WORLD MARKETS advanced and Japan’s Nikkei 225 share benchmark surged to an all-time high yesterday, bypassing its previous record set in December 1989. Tokyo’s benchmark closed at 39,098.68 yesterday. Its previous record was 38,915.87, set...
DUBAI, United Arab Emirates: THE DUBAI-based budget carrier FlyDubai saw record profits of $572 million in 2023, boosted by carrying the most passengers ever across its network, the company announced yesterday. The state-owned carrier, based in the...
UNITED STATES (US)-based Century Aluminum plans to invest up to US$15 million (J$2.3 billion) in the alumina operations at Jamalco in Clarendon this year, which doubles its investment a year earlier. The investments include new equipment, but also...
BENGALURU, India: JUST A few years ago, someone who wanted to install a rooftop solar connection in India faced getting multiple approvals, finding a reliable company to install the panels and spending heavily before seeing the first surge of clean...
SMARTWATCHES AND rings that claim to measure blood sugar levels for medical purposes without piercing the skin could be dangerous and should be avoided, the United States Food and Drug Administration (FDA) warned on Wednesday. The caution applies...
SINGAPORE: AS THE aviation sector seeks ways to make air travel less polluting and more sustainable, aerospace company Embraer and South Korean automaker Hyundai are among the companies betting on a new form of air travel - air taxis. Hyundai’s...
LOS ANGELES, California. GLOBAL REAL estate brokerage, The Agency, launched its new office in Jamaica, The Agency Jamaica, which is the firm’s first office in the country. It joins the brokerage’s growing network of offices in the United States,...
JAMAICAN ENTREPRENEUR Yoni Epstein has been recognised again for his contribution to the business process outsourcing sector. It was announced on Tuesday in Port of Spain, Trinidad, that Epstein is to receive the Caribbean’s most prestigious...
MANUFACTURING AND distribution company Seprod is doubling down on its export strategy as it targets 30 per cent of its production base for exports by December 2025. In its just-released fourth-quarter report, the company scored big in 2024, with a...
THE FINANCIAL Gleaner has been reliably informed that promissory notes valued at around US$10 million are due for collection from connected companies of Stocks and Securities Limited (SSL). SSL, a brokerage house facing dissolution after the...
