Business

Last week, the Jamaica Information Service, the Government’s news agency, featured the Disaster Vulnerability Reduction Project, DVRP, which is being implemented by the Jamaica Social Investment Fund. I obtained an introduction to the JSIF’s...

With manufacturing kinks still to be worked out, Tesla delivered the first dozen or so of its futuristic Cybertruck pickups to customers Thursday, two years behind the original schedule amid uncertainty over when large-scale production will begin....

The record summer heat was met with empty taps for Jamaican consumers. National Water Commission, NWC, plans to embark on a series of projects over the long term to relieve drought conditions, but there may also be an ancient solution that saves...

The private equity firms seeking to acquire Digicel Group have appointed technology guru Rajeev Suri as the telecoms chairman-designate to replace founder Denis O’Brien. However, the restructuring and takeover of the debt-ridden company is still a...

Seprod Limited plans to become a US$1-billion, revenue-generating company in about two years, which requires doubling its annual sales. The food manufacturing and distribution company, which produces brands such as Chiffon margarine, Betty...

Central banks have drastically changed the way they implement monetary policy. Since the 2008 global financial crisis, the US Federal Reserve and the European Central Bank have been providing liquidity directly to banks and other financial...

Amazon finally has its answer to ChatGPT. The tech giant said on Tuesday it will launch Q, a business chatbot powered by generative artificial intelligence. The announcement, made in Las Vegas at an annual conference the company hosts for its AWS...

Juice maker Trade Winds Citrus Limited says fruit supplies continue to fall, affecting both local supplies and exports. The volumes of citrus sold by the company was down nine per cent last year, but revenue still climbed by 10 per cent, said...

The net worth of Cargo Handlers Limited, CHL, now hovers at just under $1 billion, arising from a twenty per cent growth in capital at year ending September despite a small slip in profits. The wharf operator, which is nearly debt-free, also has a...

Already on a long winning spree, capital has just scored another big victory in a clash over the ethics of artificial intelligence. In the drama over OpenAI CEO Sam Altman’s sudden firing and rehiring, a nonprofit company with a mission to...