Business

Renewable energy firm Soleco Limited will build two solar plants, totalling a combined 11.25MW, under separate projects for large industrial clients CB Group and the Jamalco alumina refinery. The larger plant with a capacity of 9.2MW will be...

The International Monetary Fund said Tuesday that economic growth is projected to be 57.8 per cent this year for Guyana as the country continues to shake off the effects of the coronavirus pandemic-induced recession in 2020, amid protracted...

Thirty-five years after former US Federal Reserve Chair Paul Volcker left office, and nearly three years after his death, the mere mention of his name still gives shivers to Latin Americans who remember the economic devastation caused by his battle...

United States Federal Reserve Chair Jerome Powell said Tuesday that stablecoins will need greater regulation as they become more widely used by consumers. Powell also said, in virtual remarks to a conference on digital finance in Paris, that the...

The British pound stabilised Tuesday as United Kingdom authorities tried to ease investor concerns after the biggest tax cuts in 50 years sent the currency tumbling to a record low the previous day. The turmoil is already having real-world effects...

With the recent enactment of the Inflation Reduction Act, foreign investors are being invited to invest in solar manufacturing in the United States. Head of market intelligence and public affairs at Qcells, Scott Moskowitz, said the US has never...

The British pound fell to an all-time low against the US dollar early Monday after UK Treasury chief Kwasi Kwarteng pledged a sweeping package of tax cuts, fuelling concerns about the government’s economic policy as the United Kingdom teeters...

A growing number of businesses, including grocery stores and gas stations, are temporarily closing across Puerto Rico as power outages caused by Hurricane Fiona drag on in the United States territory, sparking concern about the availability of fuel...

Technology provider Productive Business Solutions Limited said Friday that it had a regional partnership with Google, one of several projects undertaken this year. “We are privileged to represent Google,” said PBS Chairman Paul ‘PB’ Scott in...

QUESTION: I want your advice regarding a problem in my business now. We have not been getting paid on time. It started as a minor issue, but has elevated. I have a small transportation company, which mainly goes by contracts. Every now and again I...

American EV auto company Cenntro Electric Group plans to set up a distribution centre in Jamaica and other markets to sell and service electric commercial vehicles, according to market filings. The company intends to sell delivery vehicles for...