Business

ADVERTORIAL: MC SYSTEMS In 2021, business was characterised by a continued reshaping of the ways of working, as the world morphed to embrace life with COVID-19. This shift catalysed digital transformation across verticals, as leaders increased...

Oil and gas companies CGX Energy Inc and Frontera Energy Corporation have revised figures previously announced for a find of oil-bearing reserves in the Kawa-1 well. In a statement, the joint venture partners said the new figure has been confirmed...

JFP Limited, a supplier of furniture for hospitality clients and offices, plans to raise $280 million in its initial public offering of shares, half of which will go towards paying out shareholders, who are matching the number of shares being...

Cigarette sales during Christmas and the wider third quarter have served up the highest profit in years for distributor Carreras Limited. The company said that it was able to claw back some market share from illicit cigarette sellers. “The absence...

Former New York Yankees slugger Alex Rodriguez, once vilified by Donald Trump as a “druggie” and “joke” unworthy of wearing the pinstripes, is now a key part of an investment group seeking to buy the rights to the ex-president’s marquee Washington...

The United Kingdom’s departure from the European Union has brought higher costs, more red tape, and border delays for businesses, and not yet delivered promised benefits, a public-spending watchdog has said. A day after Prime Minister Boris Johnson...

President of Brazil Jair Bolsonaro has issued two decrees to drive gold prospecting, with a focus on the Amazon rainforest, according to the texts published on Monday in the official gazette. The Programme to Support Development of Artisanal and...

SpaceX’s Elon Musk said on Thursday that the first orbital flight of his towering Starship – the world’s most powerful rocket ever built – could come in another month or two. While he anticipates failures, he is confident Starship will reach...

The Development Bank of Jamaica (DBJ) expects to launch two equity funds that will inject capital into small businesses by mid-year. “The process is under way to evaluate and undertake due diligence on fund managers which have responded to the call...

Allianz SE is a multinational financial services company headquartered in Munich, Germany. Its core businesses are insurance and asset management, and it provides services to 90 million customers around the world. The company publishes an annual...

Broadband By Home Town Limited to set up wireless Internet across underserved areas, but it needs a licence first. The company wants to offer Internet to persons by way of Wi-Fi and broadband connectivity, the Financial Gleaner understands, and...

States are being given the go-ahead to build a nationwide network of electric vehicle-charging stations in that would place new or upgraded stations every 50 miles (80 kilometres) along interstate highways, part of the Biden administration’s plan...