Thu | Jun 11, 2026

Business

Published:Wednesday | June 21, 2023 | 12:50 AM

Auto tycoon Carlos Ghosn has filed a US$1 billion lawsuit against Nissan and about a dozen individuals in Beirut over his imprisonment in Japan and what he says is misinformation spread against him, Lebanese officials said Tuesday. According to the...

Published:Wednesday | June 21, 2023 | 12:48 AM

Gannett has filed a civil lawsuit against Google and its parent company Alphabet, claiming that they unlawfully hold monopolies in the advertising technology tools that publishers and advertisers use to buy and sell online ad space. The largest...

Published:Wednesday | June 21, 2023 | 12:44 AM

Electric vehicle maker Rivian says it will follow General Motors and Ford and join Tesla’s charging network next year. The start-up truck, SUV and delivery van maker said on Tuesday that like GM and Ford, it will include ports with Tesla’s...

Published:Wednesday | June 21, 2023 | 12:37 AM

It has now been over two years since G7 leaders announced a groundbreaking agreement to divvy up taxation of multinational corporations’ profits. That breakthrough followed years of fraught negotiations under the aegis of the OECD/G20 Inclusive...

Published:Wednesday | June 21, 2023 | 12:36 AM

June 20 was celebrated as World Productivity Day. The simple but profound mantra of the Jamaica Productivity Centre, a unit within the Labour Division of the Ministry of Labour and Social Security, is ‘Productivity is everybody’s business’. I...

Published:Wednesday | June 21, 2023 | 12:18 AM

An American push to establish “green shipping corridors” is key to reducing carbon emissions from the shipping industry, US Transportation Secretary Pete Buttigieg said Monday while touring the port of Yokohama near Tokyo. Buttigieg was in Japan...

Published:Wednesday | June 21, 2023 | 12:16 AMAvia Collinder/ - Business Writer

Jamaica’s outsourcing sector has quadrupled the number of jobs in a decade, but it still has a far way to go to reposition as a market for higher-end services. Currently, basic business process outsourcing, or BPO, segment accounts for 75 per cent...

Published:Wednesday | June 21, 2023 | 12:14 AM

About a tenth of National Commercial Bank Jamaica’s automated banking and teller machines are out of commission. The bank has poured billions into its digitisation programme over the past eight years, to rebalance the demand for in-branch services...

Published:Wednesday | June 21, 2023 | 12:10 AM

Courtney Wynter, general manager of Jamaica Mortgage Bank, says more mortgage providers are contributing to the state-run bank’s mortgage indemnity insurance fund, referred to as MII, but so far none has drawn down on the coverage it offers against...

Published:Wednesday | June 21, 2023 | 12:09 AM

Nasdaq is buying Adenza, a company that makes software used on Wall Street, for US$10.5 billion in cash and stock. The acquisition from owner Thoma Bravo, an investment company, includes US$5.75 billion in cash and 85.6 million shares of Nasdaq...

Published:Wednesday | June 21, 2023 | 12:07 AM

Tourism officials will be incorporating augmented reality and virtual reality experiences at the Falmouth Cruise Pier. The AR and VR offerings are marketing tools to woo business to the artisan village there. Based on the advice of consultants, the...

Published:Tuesday | June 20, 2023 | 12:31 AM

In early June, sporadic but serious service disruptions plagued Microsoft’s flagship office suite – including the Outlook email and OneDrive file-sharing apps – and cloud computing platform. A shadowy hacktivist group claimed responsibility, saying...

Published:Sunday | June 18, 2023 | 1:13 AM

Planning travel can be a daunting maze. Guidebooks, by their nature, send all readers to the same destinations. And web searches can yield an unhelpful mess of content. Yet some tech-savvy travellers are finding success using artificial...

Published:Sunday | June 18, 2023 | 12:52 AM

The focus of today’s article is customer service. It is written against the background of the experiences of some of my colleagues with financial service providers mainly banks, insurers, and intermediaries; my interactions with some of those...

Published:Sunday | June 18, 2023 | 12:51 AM

FTX founder Sam Bankman-Fried may face two criminal trials after a federal judge on Thursday granted a request by prosecutors to delay a trial on some of the charges until next year. Bankman-Fried faces trial in October on charges brought against...

Published:Sunday | June 18, 2023 | 12:51 AM

The United States Department of Energy and several other federal agencies were compromised in a Russian cyberextortion gang’s global hack of a file-transfer program popular with corporations and governments, but the impact was not expected to be...

Published:Sunday | June 18, 2023 | 12:49 AMSébastien Treyer and Bertrand Badré - Guest Columnists

Lack of investment for sustainable development in the world’s poorest, most vulnerable countries is one of the most pressing global issues today, especially now that many of these countries are in debt distress, or will be soon. The fallout from...

Published:Sunday | June 18, 2023 | 12:45 AM

QUESTION: I am starting a new business and need to ask your opinion on it: Which customer archetype is better for business, from a profit potential, B2B, B2C, or B2G? – Kem BUSINESSWISE: You have posed a good question because it is in the answer...

Published:Sunday | June 18, 2023 | 12:45 AM

Happy Father’s Day to all fathers. Today is probably the best day to look at the critical role fathers should play in the lives of their families. While there is a variety of settings in which fathers are located, there are some basic...

Published:Sunday | June 18, 2023 | 12:31 AM

Consumer food industry veteran James Rawle has been appointed chairman for all three Lasco affiliated companies – Lasco Manufacturing Limited, Lasco Distributors Limited, and Lasco Financial Services Limited. Rawle previously held the post of...

Published:Sunday | June 18, 2023 | 12:13 AMAvia Collinder - Business Writer

Although household debt has been on the rise, the demand for credit reports to ascertain the creditworthiness of retail borrowers has been falling, and the Jamaica’s largest bank has a theory as to why. National Commercial Bank Jamaica, which is...

Published:Sunday | June 18, 2023 | 12:12 AM

To get to its goal of US$100 million in assets by 2025, real estate investor Kingston Properties Limited is looking towards various overseas markets for distressed properties it can snag at cheap prices. Its focus is on Europe, the United Kingdom,...

Published:Sunday | June 18, 2023 | 12:10 AM

Medical technology services company Image Plus Consultants is targeting a move to new headquarters in eighteen months or thereabouts. It’s in the process of acquiring land on which to develop its new operational centre, a three-quarter acre...

Published:Friday | June 16, 2023 | 5:50 PM

A team from the International Monetary Fund (IMF) says the outlook for Jamaica points towards continued growth, with inflation expected to return to the midpoint of the central bank's target range by year end. The IMF noted that over the past...

Published:Friday | June 16, 2023 | 4:37 PM

The Jamaica Stock Exchange (JSE) Combined Index closed the week on a losing note on Friday. The slow to moderate trading, ended with an advance/decline ratio of 49/47. The JSE Combined Index declined by 377.10 points or 0.11 per cent, to close at...

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