Business

More cancelled flights frustrated air travellers on the final day of 2021 and appeared all but certain to inconvenience hundreds of thousands more over the New Year’s holiday weekend. Airlines blamed many of the cancellations on crew shortages...

Pension reform is a thankless but necessary task. Pensions are a difficult and emotional subject that affects every citizen, and changing how they are calculated or when workers can retire involves negotiating a complex web of rules, habits, and...

QUESTION: I am finally leaving my job to start my business in 2022. It has been a dream of mine to be my own boss since schooldays, and now, the COVID pandemic makes me realise that life is too short to postpone that dream. The problem is that I...

The effect of inflation on each household is unique because no two households are exactly alike, and households combine the goods and services they use in different ways. The items in the ‘basket’ of goods and services used in calculating the...

The fundamentals of the company are strong and growth is sustained, notwithstanding pandemic disruptions and a dip in profits in 2021, the head of pharmaceutical developer and distributor Indies Pharma Jamaica has said. CEO Dr Guna Muppuri points...

Tesla is recalling certain Model 3s because a coaxial cable for its backup camera can become worn and fail to transmit images to the dashboard console. All Model 3s from model years 2017 to 2020 are included in the recall, with as many as 356,309...

Dolphin Cove’s deal with Reserve Investments Limited has been on pause for almost a year due to COVID-related disruptions, but on Wednesday, Chairman and CEO Stafford Burrowes reassured shareholders that the sale of the 23-property it owns is...

Courtney Walsh Drive, a road in Kingston historically known as an event and entertainment zone, is becoming attractive to the developers of commercial real estate targeted at the outsourcing market. The latest development being marketed for lease...

Advertisements featuring some Chinese models have sparked feuding in China over whether their appearance and make-up are perpetuating harmful stereotypes of Asians. German automaker Mercedes-Benz and a Chinese food company are the latest to get...

Cosmetics sales are said to be showing signs of recovery a year after plummeting due to the pandemic, which forced some industry players out of business and others back to the drawing board in a scurry to revive market share. Beauty products were...

The owner of a Miami-based payday loan company bilked hundreds of investors out of millions of dollars and repaid others with money he acquired from a Ponzi scheme, according to a newspaper report and federal regulators. About 500 investors, many...

The fortnightly report on the financial holdings of the Bank of Jamaica, BOJ, is showing healthy foreign reserves and local assets combined at $1.05 trillion, and reflects a $6-billion increase in cash in the economy, amid the high shopping season...