Business

The United States Justice Department filed a lawsuit on Monday against some of the largest poultry producers in the US, along with a proposed settlement seeking to end what it claims have been long-standing deceptive and abusive practices against...

Conflicting signs about the health of the United States economy have thrust the US Federal Reserve into a difficult spot. With inflation raging at a four-decade high, the job market strong and consumer spending still solid, the Fed is under...

General Motors’ second-quarter net income fell 40 per cent from a year ago as computer chip and parts shortages hobbled factory output and drove the company’s sales in the United States down more than 15 per cent. The Detroit automaker earned US$1....

Jamaicans are increasingly engaged in the trading of virtual assets, including cryptocurrencies, stablecoins and art in the form of non-fungible tokens, but local regulations are confined to old realities amid a world that is increasingly going...

European Union nations struggled on Monday to find common ground on how to wean the bloc off its reliance on Russian natural gas, seeking to appease wary consumers at home while upholding unity as Moscow turns down the tap. On the eve of an...

Jay Carney, the top policy and communications executive at Amazon and one-time White House spokesman, has been named the head of policy at Airbnb, marking another high-profile departure for Amazon as it faces a shifting consumer landscape and...

It is catching on. More efforts are being made to raise the level of financial literacy in the Jamaican population to foster better financial behaviour. This is timely, because financial literacy is increasingly becoming a necessary core skill for...

The Development Bank of Jamaica, DBJ, wants to engage at least five more institutions to serve as business services intermediaries, BSIs, a move it says will automatically trigger an increase in the number of micro and small businesses it supports...

Massy Holdings Limited, a Trinidad-based conglomerate with regional scope, has so far this year, expanded the capacity of its gas operations in Jamaica, a move which the company says is aimed at offering its more competitive pricing. At the same...

Advertising and production company Limners and Bards Limited, which trades as the LAB, says it is still on the lookout for businesses strategically aligned for acquisition or merger after three potential targets were found to be unfit for the...

A plan to develop a sizeable natural gas field off Cyprus that could help the European Unio, EU, find alternative energy sources to Russia will be ready by the end of the year, the east Mediterranean island nation’s energy minister said on...