Constellation Brands, which owns the Modelo and Corona beers in the United States, lowered its full-year sales and profit outlook Tuesday, citing falling demand among Hispanic customers in particular. Constellation President and CEO Bill Newlands...
Published:Wednesday | September 3, 2025 | 12:09 AM
We are facing greater uncertainty – economically, geopolitically, socially – than at any time in recent memory. In these conditions, it is crucial for CEOs, policymakers, investors, and other decision-makers to draw on a wider set of data sources...
As Jamaicans head to the polls to choose the next government, the business community is expecting the next administration to fulfil long-time promises of making it easier to do business in Jamaica by cutting bureaucracy and improving access to...
Published:Wednesday | September 3, 2025 | 12:08 AM
Car dealer Jetcon Corporation Limited has found its footing after transitioning from the used car market to trade in new vehicles, the company reported to shareholders. The company, which is now the local dealer for Chinese automaker BAIC, says it...
Published:Wednesday | September 3, 2025 | 12:07 AM
Kraft Heinz is splitting into two companies a decade after a merger of the brands created one of the biggest food manufacturers on the planet. One of the companies, currently called Global Taste Elevation Company, will include brands such as Heinz...
Published:Wednesday | September 3, 2025 | 12:05 AM
For a few hopeful weeks this summer, a bright billboard on the major highway linking Toronto to New York greeted Canadian drivers with a simple message: “Buffalo Loves Canada”. The marketing campaign, which included a US$500 gift card giveaway, was...
Published:Wednesday | September 3, 2025 | 12:05 AM
Sagicor Select Funds Limited has received shareholder approval to transform into its two exchange-traded investment funds into unit trusts, a process that is expected to conclude with their delisting from the market. The funds are currently trading...
Budget carrier Spirit Airlines said Friday that it has filed for fresh bankruptcy protection just months after emerging from a Chapter 11 reorganisation. The ultra low-cost airline said it plans to keep flying as usual during the restructuring...
Brazil on Thursday said it seized 1.2 billion reais (about US$220 million) in assets linked to a sprawling criminal network as part of a nationwide investigation into a money laundering scheme involving investment funds and the fuel sector....
The recent launches of Gemini Deep Think and GPT-5 have highlighted the rapid evolution of large language models. With 67 per cent of organisations worldwide now using LLMs, you have probably experimented with them, too. Perhaps you were impressed...
As a leader, you feel the pressure to be inspirational. However, it’s not easy. After a few failures, you think you may need further personal development. But before you invest, consider a different approach entirely. When staff lack engagement –...
Jamaica’s financial services industry stands at a regulatory crossroads. The adoption of the twin peaks regulatory model – dividing prudential oversight and market conduct into two distinct regulatory peaks – should be more than a technical job....
BirdShack Fried Chicken is actively looking for a new location in Kingston to re-establish a store in the city, possibly before the end of the year, and is looking forward to adding more restaurants in 2026. Wayne Cummings, CEO of Arya QSR Limited...
Nvidia’s sales of its artificial intelligence chipsets remained a hot commodity during the company’s latest quarter, but the demand wasn’t quite feverish enough to ease recent worries that the AI craze may be fading. The results announced on...
With GDP and employment figures dominating political debates, it is easy to forget that they are hardly timeless truths. In fact, how we measure progress has shifted dramatically over time. The physiocrats – 18th-century French economists who saw...
Student accommodation company 138 Student Living Jamaica Limited, 138SL, is still in talks with the University of the West Indies over adjustments to its concession agreement, particularly in relation to Irvine Hall, for which it is seeking a reset...
Kaya, which trades in medical marijuana and merchandise, reported a bump in sales in the June quarter. Three-month sales of US$866,000 and six-month sales of US$1.6 million – $140 million and $250 million, respectively, in local currency – grew 23...
Marketing and creative company The Limners and Bards Limited has completed at least two of its five movies promised last year and is hoping that, starting in 2026, earnings from the romance flicks will keep shareholders in love with the company....
Excelerate Energy plans to invest up to US$400 million in energy infrastructure across Jamaica and the wider Caribbean, following its acquisition of natural gas assets from New Fortress Energy. The move will position Jamaica as a regional hub for...
A plan to restructure more than US$9 billion in debt held by Puerto Rico’s ailing power company hit a big snag this week after a group of bondholders terminated their deal with a federal control board overseeing the United States territory’s...
Beverage maker and consumer goods distributor Wisynco Group Limited has acquired the assets and operations of Ringtail Bottlers Limited, RBL, and has taken a 30 per cent stake in Ringtail Holdings Limited, the company that owns Select Brands...
Brazil’s government said on Monday it will buy several domestic products hit by the 50 per cent higher US tariffs, such as acai, coconut water, mangoes and Brazilian nuts – and that it will pay an “adequate” price for them. Coffee and beef did not...
President of the United States Donald Trump said on Monday night that he’s firing Federal Reserve Governor Lisa Cook, an unprecedented move that would constitute a sharp escalation in his battle to exert greater control over what has long been...
