T he Private Sector Vaccine Initiative, PSVI, has administered more than 33,000 COVID-19 vaccinations in three months, but those numbers represent just over a half the level that corporate Jamaica had hoped to achieve. In fact, the low take-up of...
Things look great across most financial markets, with everything from stocks to bitcoin near record highs. That’s not the case in the market often seen as the most steady and sober of them all: government bonds. In the bond market, yield can be...
Outsourcing Management, a business process outsourcing company which trades as itel, has raised $3.1 billion in fresh capital on the bond market, four-fifths of which will fund new projects. The debt raise consisted of two bonds – one set to...
T he Ugly American, the title of a novel published in 1958 by Eugene Burdick and William Lederer, entered the language to refer to boorish American officials abroad who sought to improve the lives of natives without taking the trouble to learn...
P rices for United States consumers jumped 6.2 per cent in October, compared with a year earlier, as surging costs for food, gas and housing left Americans grappling with the highest inflation rate since 1990. The year-over-year increase in the...
G uardian Holdings Limited, GHL which operates regional insurance services, stated that it suffered higher payouts in the September quarter due in part to COVID-19 mortality in Jamaica. “Our life insurance operations in Jamaica have been...
Facebook whistle-blower Frances Haugen warned on Tuesday that the ‘metaverse’, the all-encompassing virtual reality world at the heart of the social media giant’s growth strategy, will be addictive and rob people of yet more personal information,...
L oan disbursements at microfinance company Access Financial Services Limited are back to pre-crisis levels. The company, which gets majority of its business from micro and small business owners, transport operators and employed consumers, last...
The Jamaica Stock Exchange (JSE) Combined Index advanced on Thursday with an advance/decline ratio of 47/36. The JSE Combined Index advanced by 1,648.12 points or 0.41 per cent to close at 402,981.49. The JSE Main Market Index advanced by 1,916.17...
Shares in Rivian Automotive were set to trade publicly on Wednesday, and the world should get a better idea of just how excited investors are about the electric vehicle market. Rivian, the EV start-up backed by Amazon and Ford, hopes to raise about...
The Jamaica Stock Exchange (JSE) Combined Index declined on Wednesday with an advance/decline ratio of 43/37. The JSE Combined Index declined by 3,111.63 points or 0.77 per cent to close at 401,333.37. The JSE Main Market Index declined by 3,958.63...
Published:Wednesday | November 10, 2021 | 10:53 AM
Minister of Finance Dr Nigel Clarke has been tapped by the leaders of 38 of the world’s richest countries that comprise the Organisation for Economic Co-operation and Development, OECD, to chair a virtual ministerial roundtable discussion on '...
Having contemplated the move for two years, beverage company Wisynco Group Limited has struck a deal for warehousing space in Trelawny that will serve as a hub for its distribution activity in western Jamaica, where nearly a third of the businesses...
Published:Wednesday | November 10, 2021 | 12:09 AM
Big cannabis companies are backing a new, celebrity-infused campaign to enlist marijuana users to pressure members of the United States Congress to legalise pot nationwide. Federal legalisation has advanced somewhat but still faces strong...
Published:Wednesday | November 10, 2021 | 12:09 AM
Crafts vendors are returning to the streets, transport between provinces is gradually returning to normal and crowds once again line the seafront Malecon boulevard in the Cuban capital. The characteristic bustle of the Caribbean nation is gradually...
Published:Wednesday | November 10, 2021 | 12:09 AM
President of Chile Sebastián Piñera was impeached Tuesday by the lower house of Chile’s congress, setting up a trial in the nation’s Senate over allegations he favoured the sale of a family property while in office. The vote to impeach got the bare...
Published:Wednesday | November 10, 2021 | 12:08 AM
Following the fire which gutted half of its warehousing space, distribution operations, Seprod Limited says its making progress on the restoration of the business that was conducted from the damaged site. The October 10 fire, the cause of which was...
The association representing lawyers in Jamaica continues to take issue with the Government’s stated position that non-inclusion of attorneys in anti-money laundering legislation represents a threat to the country’s standing in the global fight...
Published:Wednesday | November 10, 2021 | 12:06 AM
The storied American company General Electric, which struggled under its own weight after growing to become a sprawling conglomerate, will divide itself into three public companies focused on aviation, healthcare and energy. GE has spent recent...
Published:Wednesday | November 10, 2021 | 12:06 AM
Latin Americans have many talents. One is a remarkable ability to misgovern ourselves, as the pandemic has made clear. Six of the 20 countries with the most COVID-19 deaths per capita in the world are in Latin America. Peru tops the list. Brazil is...
Published:Wednesday | November 10, 2021 | 12:06 AM
The United States government’s road safety agency has paid more than US$24 million to a whistleblower who reported that Hyundai and Kia moved too slowly to recall of over 1 million vehicles with engines that could freeze up or catch fire. The...
Seven suspected hackers linked to ransomware attacks that have targeted thousands of victims have been arrested since last February as part of a global cybercrime crackdown, European law enforcement authorities announced Monday. The FBI and the...
The Jamaica Stock Exchange (JSE) Combined Index declined on Monday with an advance/decline ratio of 35/48. The JSE Combined Index declined by 3,226.00 points or 0.79 per cent to close at 403,321.11. The JSE Main Market Index declined by 2,974.64...
