Business

At first, it didn’t even register as a threat. Then it seemed like a temporary annoyance. Now, inflation is flashing red for the US Federal Reserve’s policymakers – and delivering sticker shock to Americans at the used car lot, the supermarket, the...

National Commercial Bank Jamaica, NCB, is in the throes of a reorganisation exercise that has so far seen the downgrade of two branches, the separation of one manager, the reassignment of another and an undisclosed number of job cuts. More jobs are...

PriceSmart, which operates warehouse stores across the Caribbean and Latin America, plans to open a new store in three months, its second outlet in nearly two decades of operation in Jamaica. “The company also plans to open a new warehouse club in...

Cyberthreats and the growing space race are emerging risks to the global economy, adding to existing challenges posed by climate change and the coronavirus pandemic, the World Economic Forum said in a report Tuesday. The Global Risks Report is...

The World Bank is downgrading its outlook for the global economy, blaming continuing outbreaks of COVID-19, a reduction in government economic support and ongoing bottlenecks in global supply chains. The 189-country, anti-poverty agency forecasts...

There once was a small fish called “tequila splitfin” or “zoogoneticus tequila” that swam in a river in western Mexico, but disappeared in the 1990s. Scientists and residents, however, have achieved the return of a species extinct in nature – but...

A father-son duo of Pennsylvania treasure hunters who believe they found a huge cache of fabled Civil War-era gold are now on the prowl for something as elusive as the buried booty itself: government records of the FBI’s excavation. Finders Keepers...

Scotiabank Jamaica has set aside $3 billion as loan financing for women entrepreneurs in a refreshed plan to address what the bank says is the under-representation of women in the business world. The lending programme – dubbed Scotiabank’s Women...

Are you planning to increase your net worth in 2022? If your answer is yes, you are in the company of many people because people want to increase their wealth, of which net worth is the prime measure. Net worth is the difference between assets and...

Advertising and production agency The Limners and Bards Limited, LAB, has pumped $15 million into the share acquisition and start up of SCOPE Caribbean, through which it will provide brand-related content and talent services across the region. The...