Business

Blue Power Group Limited invested more than $124.5 million to more than double the value of its soapmaking plant and machinery in the 2022 financial year which ended April 30, in the process absorbing the production outlay of another soapmaking...

In periods of crisis, digital technologies provide a lifeline that keeps people, communities, and businesses functioning. From the COVID-19 pandemic to violent conflicts and natural disasters, being connected has allowed us to continue working,...

The Statistical Institute of Jamaica, Statin, recorded inflation for the country at 10.9 per cent over 12 months to June 2022, the same rate of price increases recorded a month earlier. This shows that price rises slowed over the two months from a...

The European Union’s head office on Wednesday proposed that member states cut their gas use by 15 per cent over the coming months as the bloc braced for a possible full Russian cut-off of natural gas supplies that could add a big chill to the...

The makers of Appleton Estate rums this week auctioned a bottle of the premium blend, containing spirits as old as 60 years, for US$16,000, or $2.4 million, at an event in Kingston, with Jamaica’s tourism ministry announcing that it will acquire...

Family-owned businesses, FOBs, face the challenge of managing the escapable interactions between family members and business. This is made more difficult when there is the insistence in employing family members under any circumstance. This has led...

Anti-government demonstrators in Hungary blocked one of the capital’s main thoroughfares during morning rush-hour traffic on Monday, the latest in a series of protests against recent changes to the country’s tax code that have carried on for nearly...

Airline company Delta is ordering 100 737 Max 10 airplanes, the largest of the line produced by Boeing, potentially giving the manufacturer additional momentum after a troubled roll-out of its most advanced aircraft. Delta has an option to...

France and the United Arab Emirates, UAE, on Monday signed an agreement on energy cooperation to ensure oil and natural gas supplies from the Gulf country as Europe prepares for the possibility of a total gas cut-off from Russia in retaliation for...

Key Republicans are warming up to passing a bill that provides roughly US$52 billion in incentives for the semiconductor industry, now that Democratic Senator Joe Manchin of West Virginia has quashed the idea of imposing higher taxes on the rich...

Rising energy prices are being accompanied by an increase in electricity theft, which is now estimated to cost the Jamaica Public Service Company, JPS, and its paying customers US$200 million, or more than $30.5 billion, annually, a whopping 80 per...

Dunn’s Electrical Lighting...