The Jamaica Stock Exchange (JSE) Combined Index advanced on Tuesday with an advance/decline ratio of 45/33. The JSE Combined Index advanced by 4,926.04 points or 1.24 per cent to close at 402,090.72. The JSE Main Market Index advanced by 5,036.25...
Nissan said Monday it is investing ¥2 trillion (US$17.6 billion) over the next five years and developing a cheaper, more powerful battery to boost its electric vehicle line-up. The Japanese automaker’s chief executive, Makoto Uchida, said 15 new...
In a rock concert-like atmosphere, El Salvador President Nayib Bukele announced that his government will build an oceanside ‘Bitcoin City’ at the base of a volcano. Bukele used a gathering of bitcoin enthusiasts on November 20 to launch his latest...
Human resource departments are facing an unprecedented demand to become analytic and data-driven. But few are answering the call. What should HR practitioners and consultants do to respond? A few years ago, I substituted for a VP-HR of a major...
Apart from the convenience, there are advantages to using credit cards. People who pay in full and on time may consider that they do get free short-term credit. Users of some cards may benefit from discounts from some providers of goods and...
Today’s article was inspired by two advertisements. One occupied a full page in the business section of The Sunday Gleaner published November 21. It was sponsored by a life insurer and featured photographs of 18 persons – eight men and 10 women....
Future Energy Source Company, which trades as Fesco, fell short of its profit forecast for year ending March 2021, and could do so again this period, based on its earnings to date. At half-year profit of $97 million, recorded over the April-...
The Supreme Court is being asked to resolve several issues that have derailed a scheme of arrangements for a payout to creditors of Mystic Mountain Limited, MML, which owns and operates the Ocho Rios-based attraction known for its bobsled and...
Collins Dictionary has chosen the term ‘NFT’ as its word of the year after surging interest in the digital tokens that can sell for millions of dollars brought it into the mainstream. NFT is short for non-fungible token. Collins defines it as “a...
Many Brazilians felt bearish about the new Wall Street-inspired bull sculpture outside the stock exchange, and didn’t have to wait long for it to crash: The statue has been removed a week after it was installed. Sao Paulo’s stock exchange had...
P rime Minister Ariel Henry swore in his new cabinet on Wednesday, more than four months after he assumed leadership of Haiti following the assassination of President Jovenel Moïse. The appointments come as Haiti struggles with a rise in violence...
Victoria Mutual Investments Limited, VMIL, has entered into an agreement with Republic Bank (Barbados) Limited to acquire 100 per cent shareholding in Republic Funds (Barbados) Inc. Republic Funds owns and operates the Republic Bank Barbados which...
T he Jamaican economy grew 6.3 per cent for the July-September 2021 quarter relative to the similar quarter in 2020, reflecting continued recovery in most sectors, except mining, preliminary growth estimates from the Planning Institute of Jamaica...
Baked-goods sales are on track to re-enter the $1-billion band at Consolidated Bakeries Jamaica, which trades as Purity Bakery, but the positive trajectory failed to appease some minority investors who are eager for profit. “If things continue...
S amsung said it plans to build a US$17-billion semiconductor factory outside of Austin, Texas, amid a global shortage of chips used in phones, cars and other electronic devices. “This is the largest foreign direct investment in the state of Texas...
J ean Monnet, an architect of the European Union, once said that European unity “will be forged in crises, and will be the sum of the solutions adopted for those crises”. The past decade and a half has provided further confirmation of Monnet’s...
Marijuana company Kaya shipped five kilogrammes of cannabis flower to Australia, its first such export arrangement. The shipment, valued at $1.3 million, was made in November. Kaya, which operates a ganja farm as well as a chain of medical...
The Untied States economy slowed to a modest annual rate of 2.1 per cent in the July-September quarter according to the government’s second read of the data, slightly better than its first estimate. But economists are predicting a solid rebound in...
The Jamaica Stock Exchange (JSE) Combined Index continued its rally on Wednesday, marginally up on moderate trading, with an advance/decline ratio of 47/35. The JSE Combined Index advanced by 2,146.92 points or 0.54 per cent to close at 397,387.97...
Published:Wednesday | November 24, 2021 | 12:10 AM
Tech giant Apple announced Tuesday it is suing Israel’s NSO Group, seeking to block the world’s most infamous hacker-for-hire company from breaking into Apple’s products, like the iPhone. Apple said in a complaint filed in federal court in...
Bank of the Jamaica, BOJ, which houses the prime contact office that spearheads Jamaica efforts to bring the country’s laws in line with the global regime on anti-money laundering and countering the financing of terrorism, or AML/CFT, regime, has...
Published:Wednesday | November 24, 2021 | 12:09 AM
United States President Joe Biden on Tuesday ordered 50 million barrels of oil released from America’s strategic reserve to help bring down energy costs, in coordination with other major energy consuming nations, including India, the United Kingdom...
Published:Wednesday | November 24, 2021 | 12:09 AM
Outsiders have long profited from Africa’s riches of gold, diamonds, and even people. Digital resources have proven no different. Millions of internet addresses assigned to Africa have been waylaid, some fraudulently, including through insider...
Published:Wednesday | November 24, 2021 | 12:08 AM
The United States Justice Department filed a lawsuit on Tuesday seeking to block a major US sugar manufacturer from acquiring its rival, arguing that allowing the deal would harm competition and consumers. The suit was filed in federal court in...
