Business

More than a year after the mass protest movement known as the ‘Aragalaya’ ousted Sri Lanka’s President Gotabaya Rajapaksa and his brother, Prime Minister Mahinda Rajapaksa, Sri Lankans have once again taken to the streets. The impetus for the...

Shares of UK chip designer Arm Holdings rose 10 per cent in their stock market début, in what is the largest initial public offering of shares in nearly two years. The shares opened at US$56.10 on the Nasdaq Thursday after having been priced at US$...

Suriname, for the first time in its history, will see offshore oil drilling in its waters after French company TotalEnergies on Wednesday announced a US$9-billion project that’s expected to boost the impoverished country’s economy and ease...

The growing importation of cheap chicken parts is taking a toll on one particular element of the business operated by top poultry company Jamaica Broilers: baby chicks. For the quarter spanning May to July the company’s local earnings fell seven...

The amount of funds flowing through Jamaica’s registered charities topped $4 billion last year, new reviews of the sector show. The flow of those funds have long been a concern to money laundering regulators with charities, as a composite, seen as...

Google has exploited its dominance of the internet search market to lock out competitors and smother innovation, the United States Department of Justice charged Tuesday at the opening of the biggest American antitrust trial in a quarter century. “...

It’s still early September but as the summer draws to a close Scotia Group Jamaica Limited is already looking towards the promise of new business in the Yuletide season, by which time inflation is expected to be back under control. The No 2 banking...

The world economy remains beset by challenges, from tight monetary, financial, and fiscal conditions to the effects of the war in Ukraine. These headwinds are impeding global growth – which is expected to slow to 3.0 per cent this year, compared to...

The United States government is taking aim at what has been an indomitable empire: Google’s ubiquitous search engine, which has become the internet’s main gateway. The legal attack will swing into full force today, Tuesday, in a Washington DC...

Most major car manufacturers admit that they may be selling your personal information – though they are vague on the buyers, a new study finds, and half say they would share it with the government or law enforcement without a court order. The...

QUESTION: I have several grouses with defined benefit pension plans, but my biggest is that plan members are not allowed to remove funds from the pension plan to purchase property. I believe the legislation should be changed to accommodate...