Business

Britain’s business secretary was scheduled to hold emergency talks with industry leaders and consumer groups on this week as the UK government looks for ways to support energy companies threatened by soaring natural gas prices. Kwasi Kwarteng said...

Lines of cars formed at some British gas stations for a fourth day on Monday, as the government mulled sending in the army to help ease supply disruption triggered by a shortage of truck drivers. As the British Medical Association called for...

Instruments like bonds and preference shares are usually attractive to more conservative investors because of their relative ability to hold their value and for the regular income they generate. I am noticing, though, that some interests are seeing...

Against the background of a recent survey showing that 12 multinational corporations, MNCs, operating in Jamaica would be subject to the proposed global minimum tax rate of 15 per cent, the government is being urged to revisit tax incentives...

British Prime Minister Boris Johnson has conceded that a post-Brexit trade deal with the United States was not imminent as he voiced confidence that the decades-long US ban on imports of British lamb would be lifted. A day after President Joe Biden...

Mailpac Group, which is heavily into the e-commerce solutions business, has, through its Mailpac Local subsidiary, launched an online grocery store to grow market share, with a plan to retail products some five to 15 per cent less than traditional...

The energy company, bp Trinidad and Tobago LLC, bpTT, has confirmed that its Matapal project has safely achieved first gas ahead of schedule and under budget, despite the constraints brought about by the COVID-19 pandemic. In a statement, bpTT said...

Head of Montego Bay-based listed pharmaceutical company Indies Pharma, Dr Guna Muppuri, says he and the company are already looking past a 35 per cent drop in nine-month profits to July 31. It’s the long term on which their gaze it fixed, as the...

The US-based rating agency Moody’s has downgraded the sovereign creditworthiness of The Bahamas as the country welcomed a new government last week following general elections. Moody’s slashed the country’s long-term issuer and senior unsecured...

A US-based private cybersecurity company said on Wednesday it has uncovered evidence that an Indian media conglomerate, a police department and the agency responsible for the country’s national identification database have been hacked, likely by a...

Advertising and production company Limners and Bards Limited, which trades as The LAB, grew earnings 32 per cent to $142 million for the nine-month period up to July, on revenues which also rose 37 per cent to $942 million. The performance was...