SAN FRANCISCO: Google yesterday introduced a free artificial intelligence (AI) app that will implant the technology on smartphones, enabling people to quickly connect to a digital brain that can write for them, interpret what they’re reading and...
Most car shoppers focus their time and energy on getting the best sale price during a vehicle purchase. This is understandable, considering the purchase price is the biggest number in the transaction. But a lot of these shoppers fail to consider...
Former President and CEO of Jamaica Public Service Company (JPS), Steve Berberich, was recently appointed to lead United States (US)-based renewable energy firm Onward Energy, for which he served as a board member in 2023. “I am grateful for the...
Express Catering Limited (ECL) will seek to raise up to US$12 million (J$1.8 billion) in a bond offer which will fund the completion of its new stores at the Sangster International Airport (SIA). The company already runs several restaurants in the...
Returned head of Mystic Mountain Limited (MML), Michael Drakulich, indicates that while the company will open to Jamaicans in the Easter week, a number of upgrades are expected for the attraction which was shuttered in December. Drakulich, founder...
VM Investments has gone to court to recover loans associated with the acquisition of billboard advertising company, Visual Vibe. At issue is a set of three loans for which the company has issued demand letters for three loans totalling $425.5...
FRANKFURT, Germany: Missiles and drones are flying in the Red Sea, disrupting one of the world’s key trade arteries and a chokepoint for energy shipments headed for Europe. Attacks by Yemen’s Houthi rebels over Israel’s war with Hamas are posing a...
It’s called the Royale Winchester Hospital Group and as Jamaica’s first group of companies solely dedicated to the health sector, the group is getting ready to approach the equities market at ‘the right time in 2024’. Chaired by Dequity Capital’s...
BRIDGETOWN, Barbados: Barbados says it expects its tourism sector to receive a boost of 25,000 seats for the 2024/2025 winter season after Delta Air Lines announced it was returning to the island with scheduled flights out of Hartsfield-Jackson...
PORT OF SPAIN, Trinidad: The Trinidad Cement Ltd (TCL) has announced an increase in the price of cement, saying it continues to face increasing manufacturing costs. In a statement, TCL said that the new prices go into effect from February 19, and...
PORT OF SPAIN, Trinidad: The Trinidad and Tobago Government remained optimistic that it will not be affected by a threat by the United States (US) to reinstate sanctions on Venezuela’s oil sector, which is crucial to the economy of the South...
ATLANTIC CITY, New Jersey: Nearly 68 million American adults – about one in four – plan to bet on this year’s Super Bowl, setting a record by a wide margin, according to the gambling industry’s national trade association. Figures released yesterday...
TOKYO: Toyota raised its full fiscal year profit forecast yesterday after reporting its profit in the October to December quarter nearly doubled from the year before. Toyota Motor Corp’s third quarter profit totalled 1.36 trillion yen (US$9 billion...
DETROIT: Honda is recalling more than three quarters of a million vehicles in the United States (US) because a faulty sensor may cause the front passenger air bags to inflate when they’re not supposed to. The recall covers certain Honda Pilot,...
MEXICO CITY: Mexico’s president said on Monday he will propose guaranteeing people pensions equal to their full salaries at the time they retire, something done by no other country, not even those much richer than Mexico. It was among a raft of 20...
The Jamaica Manufacturers and Exporters Association (JMEA) and the Honey Bun Foundation announced the second iteration of a one-year Small to Medium Enterprises (SME) development programme aimed at stimulating growth in the country’s SME sector....
Jamaican influencers can average US$1,000 (J$155,000) per post online but retired sprinter Usain Bolt, with over 14 million followers, can generate 30 times that amount, according to estimates in a state-led publication. Influencers are turning...
Dr Hugh Black, trade administrator and CEO at the Trade Board Limited (TBL), says a new contract with Auto Terminal Japan (ATJ) commenced on February 1, 2024, and will run for five years, ending on January 29, 2029. The Trade Board, through its...
The latest remittance data from the Bank of Jamaica (BOJ) indicates that the island topped US$3 billion in inflows again, despite one month being left in the year under review (2023) and despite year-over-year declines. For the January to November...
ORLANDO, Florida: Disney wants to keep confidential any proprietary information or trade secrets that comes out of its state court fight with Governor Ron DeSantis’ appointees over who controls the governing district at Walt Disney World. The...
FRANKFURT, Germany: The Dutch parent of pioneering Russian tech company Yandex is selling its operations in the country at a steeply discounted price of just over $5 billion to its Russia-based managers and oil company Lukoil, one of the biggest...
As digital media company iCreate prepares to head to court, CEO Tyrone Wilson is charging that his company was badly damaged by being wrongfully put into receivership. Wilson said iCreate is contending that Sagicor Investments Jamaica Limited’s...
Government’s housing solutions provider, the National Housing Trust (NHT), indicated this week in its audited financials for the April 2022 to March 2023 fiscal year that land held for housing development is valued at $6.52 billion. The NHT is the...
Most in the financial sector expect interest rates to remain unchanged until at least March, which reflects a large shift among fincos, according to the latest Bank of Jamaica (BOJ) Inflation Expectation Survey. When polling ended in December, 75...
Petroleum bunkering and marketing company West Indies Petroleum Limited (WIPL) is gunning for 35 per cent of the domestic petroleum market, up 10 percentage points from its current 25 per cent. CEO Charles Chambers is gung-ho about the projection,...
