UPS has reached a tentative contract agreement with its 340,000-person-strong union, potentially averting a strike that threatened to disrupt logistics nationwide for businesses and households alike. The agreement was announced after UPS and the...
On July 27-28, Colombia will host the first ministerial summit for sustainable, inclusive and equitable global taxation, with the support of Brazil and Chile. The choice of venue is not coincidental: it reflects Colombia’s commitment to tackling...
Jamaicans generally subscribe to the maxim that ‘nothing is certain in life, except death and taxes’. While corporate income tax is a significant contributor to government revenue, it often places a heavy burden on domestic and overseas companies...
Elon Musk has unveiled a new ‘X’ logo to replace Twitter’s famous blue bird as he follows through with a major rebranding of the social media platform he bought for US$44 billion last year. The X started appearing at the top of the desktop version...
The United States Federal Aviation Administration would get more money to hire air traffic controllers and the mandatory retirement age for airline pilots would be raised under a bill approved Thursday by the House. The measure seeks to improve air...
Netflix enjoyed its biggest springtime spurt in subscribers since the early days of the pandemic three years ago, providing the latest sign that a recent crackdown on password sharing and the rollout of a cheaper subscription option are paying off...
Bright green vines snake upwards 20 feet (six metres) towards an umbrella of solar panels at Josef Wimmer’s farm in Bavaria. He grows hops, used to make beer, and in recent years has also been generating electricity, with solar panels sprawled...
Key officials have acknowledged that profits have been a major source of inflation in Europe – a realistic position informed by facts rather than by the economics of the 1970s. Now that they have embraced a new analysis of what’s driving inflation...
The total of Bolivia’s confirmed lithium resources has increased by two million tons to 23 million tons, the Andean country’s president said Thursday. The new estimate further cements Bolivia’s position as the country with the world’s biggest known...
Amazon, Google, Meta, Microsoft, and other companies that are leading the development of artificial intelligence technology have agreed to meet a set of AI safeguards brokered by United States President Joe Biden’s administration. The White House...
A bond is a certificate issued by a government or corporation as evidence that it has borrowed a sum of money on which it promises to pay a specified amount of interest to the lender for a specified period and to repay the principal at maturity....
You have heard of the corporate sustainability reporting directive or its acronym, CSRD. You know that it has something to do with the European Union, but you haven’t paid it much attention because it’s far away. However, this could be a mistake....
QUESTION: Are non-Jamaicans living here who hold driver’s licences issued by the authorities in their countries of origin permitted to drive vehicles under Jamaica’s new Road Traffic Act without passing the local driving test? – MW, Kingston 9...
A start-up venture called Offshore Oasis Limited wants to construct and operate an overwater bar attraction that will target business from tourists as well as locals. It’s awaiting approval from the National Environment...
FTX founder Sam Bankman-Fried is harassing a key witness against him at his upcoming trial by giving a newspaper personal things she wrote while she was the chief executive of his cryptocurrency hedge fund trading firm, prosecutors say. They asked...
IGL Limited, the sole local supplier of ammonia gas used as a refrigerant by companies, says it has restored adequate supplies of the product after facing difficulties with shipment. The islandwide shortage of ammonia during the second quarter of...
Real estate transactions topped $13 billion in value in the first half of this year, with a plurality of the sales concentrated within the top income bracket encompassing the luxury market, data provided by Realtors Association of Jamaica shows....
The Jamaica Stock Exchange (JSE) Combined Index closed the week advancing marginally on Friday. The moderate trading ended with an advance/decline ratio of 46/53. The JSE Combined Index advanced by 535.15 points or 0.16 per cent, to close at 341,...
Google says it is in the early stages of developing artificial intelligence tools to help journalists write stories and headlines, and has discussed its ideas with leaders in the news industry. The rapidly-evolving technology is already raising...
American Airlines reported a US$1.34 billion profit for the second quarter, boosted by strong ticket sales and a huge drop in the price of jet fuel, and the airline raised its profit expectations for the year. Revenue rose five per cent to a...
Speaking at this summer’s European Central Bank Forum in Portugal, Gita Gopinath, the International Monetary Fund’s first deputy managing director, set out what she described as ‘Three Uncomfortable Truths for Monetary Policy’. But it was the...
Remittance inflows fell in the month of April and are also down year to date for Jamaica, even while other countries are experiencing a rise in flows. Jamaicans collected US$272 million in remittances in April, nearly six per cent less than a year...
More entrepreneurs operating businesses within the tourism sector are taking up loans on offer from the National Export-Import Bank of Jamaica, new data from the state-run financial institution has revealed. The EXIM Bank markets five loan products...
Jamaica Agricultural Society President Lenworth Fulton has cited three court cases and problems with the delegate’s list of eligible voters as the reasons for the derailment of the group’s annual general meeting on July 12. There is also the matter...
Originally slated for a summer début, the new Fontana pharmacy at Braeton Parkway and Municipal Drive in Portmore is now set for opening in three months. Fontana is leasing space in a complex that’s also expected to house a Starbucks café and...
