Business

As a committee of the Jamaican parliament discusses new and more comprehensive tobacco control legislation, advocates for limiting the sale and promotion of tobacco products in the country are stepping up their campaign, including pushing for a ban...

Y aadman Petroleum is set to enter the fiercely competitive service station market in the Corporate Area, opening a new service station at the Pechon Street and Water Lane intersection in downtown Kingston as part of plans to spend more than...

The number of Americans who do not have a bank account fell to a record low last year, as the proliferation of online-only banks and an improving economy is bringing more Americans into the traditional financial system. A new report from the...

United Kingdom Treasury chief Jeremy Hunt on Wednesday delayed his much-anticipated economic statement until November 17, giving new Prime Minister Rishi Sunak a chance to weigh in on policies meant to stabilise the country’s finances after his...

Rishi Sunak became the United Kingdom’s third prime minister this year on Tuesday, tasked with taming an economic crisis that has left the country’s finances in a precarious state and millions struggling to pay their food and energy bills. Sunak,...

The three biggest United States airlines enjoyed a boffo summer, reaping a combined profit of more than US$2 billion as Americans jammed on to planes despite fares that were sharply higher than a year ago. American Airlines said that it earned US$...

Economists are supposed to be good at understanding risk. Decision-making in the face of uncertainty, after all, is the discipline’s bread and butter. Yet at a time when real-world risks – geopolitical, macroeconomic, financial, public-health, and...

General Motors’ third-quarter net profit rose 36.6 per cent as vehicle sales began to rebound from persistent supply chain troubles. The Detroit automaker on Tuesday reported earnings of US$3.3 billion from July through September, compared with US$...

The Bahamas Hotel and Tourism Association, BHTA, says hoteliers are planning to meet with Bahamas Power and Light, BPL, to discuss ways to mitigate the effects of the increased fuel surcharge for hotels and large property owners. President of the...

Hyginus ‘Gene’ Leon, president of the Caribbean Development Bank, CDB, warned on Monday that it “cannot be business as usual”, while urging a new global trade deal that would allow small island developing states or SIDS to achieve their potential...

The Jamaican Government wants consultants to vet two casino applicants – Hardrock Jamaica Limited and Inco Land-Princess Hotels – according to tender document from the Ministry of Finance. The hotels were named on a tender seeking consultants to...