Business

This year marks the halfway point for implementing the Sustainable Development Goals, SDGs, the ambitious set of global targets introduced by the United Nations in 2015. These 17 goals, devised to address today’s most pressing challenges and put...

The world is changing fast, and ‘winning’ in business may already be a fool’s errand. You are a company leader who has risen through the ranks. You enjoy the competitive side of running an organisation. Why? There are obvious winners and losers...

Portland JSX Limited, the locally listed fund that’s managed by Portland Private Equity, posted a US$7.23-million net loss for the May quarter due to write-downs related to its Merqueo investment. However, the equity fund says it’s expecting less...

GraceKennedy Limited has signed an agreement to purchase 100 per cent shareholding in beverage company Unibev Limited, an advancement on the deal it struck two years ago with the company to acquire the 876 spring water brand. The announcement of...

Late Tuesday, Fitch Ratings became the second of the three major credit rating firms to remove its coveted triple-A assessment of the United States government’s creditworthiness, a move that spurred debate in Washington about spending and tax...

Most taxpayers will be able to digitally submit a slew of tax documents and other communications to the Internal Revenue Service, IRS, next filing season as the US agency aims to go completely paperless by 2025. The effort to reduce the exorbitant...

Scotiabank is going after more business in the middle to upper income band through a partnership struck with American Express to issue Jamaica’s first metal AmEx Platinum card. The co-branded card comes with a range of specially curated benefits...

Europe’s economy has grown modestly after months of stagnation, but higher interest rates designed to fight inflation are casting a shadow as they make it more expensive for households and businesses to borrow, invest, and spend. The 20 countries...

Revealing new details about its pending headquarters project, Image Plus Consultants Limited said the new structure will encompass at least four floors, half of which will be placed on the rental market. The near three-quarter-acre site identified...

The change in majority ownership of Digicel Group is expected to take effect by year end, and with it a one-third reduction in its debt load to US$3 billion. Concurrently, in its latest assessment of the telecoms, ratings agency Fitch downgraded...

An escalating dispute over a gasfield in the Persian Gulf poses an early challenge to a Chinese-brokered agreement to reconcile regional rivals Saudi Arabia and Iran. Saudi Arabia and neighbouring Kuwait jointly claim the offshore Al-Durra gasfield...