A regional UN agency is warning that despite projected growth in the region for 2021, it will still be insufficient to reverse the adverse effects of the COVID-19 pandemic. In a new report titled Recovery Paradox in Latin America and the Caribbean...
The United States government on Monday moved to ease crippling sanctions imposed by the previous administration on Venezuela by allowing companies to export propane to the troubled South American country, a step that could mitigate a shortage that...
A new energy facility southwest of Phoenix, scheduled to open in December, will capture methane from cow manure and reuse the biogas as renewable natural fuel. Facility stakeholders told The Arizona Republic that the process will capture harmful...
Tesla founder Elon Musk took to a witness stand on Monday to defend his company’s 2016 acquisition of a troubled company called SolarCity against a lawsuit that claims that he is to blame for a deal that was rife with conflicts of interest and...
The Jamaica Stock Exchange (JSE) Combined Index advanced on Monday with an advance/decline ratio of 40/36. The index moved up by 2,362 points or 0.55 per cent to close at 431,037. The JSE Index advanced by 2,473.87 points or 0.58 per...
The July 1 agreement by 131 countries to establish a global minimum tax rate of at least 15 per cent for multinational corporations, or MNCs, and reallocate taxing rights is a step forward. But the deal as it stands represents another missed...
Too many executives are unaware of game-changing ways their markets are shifting. Their post-COVID audience of prospects and customers now expect more than message blasts. Instead, they require your company to become better attuned to their unmet...
Financial planning is becoming increasingly important because of the fast-changing nature of the environment in which we live and must operate. People are living longer. Employers are changing their approach to the provision of retirement benefits...
Negotiators from 131 countries agreed on a major overhaul of how the world’s biggest multinational companies are taxed on July 1. It is an effort to deter complex international avoidance schemes that have cost governments billions in revenue. The...
The corrugated box industry has seen a significant turnaround in business after the initial shock of the pandemic, but now they face a new dilemma: the world’s paper mills are not churning out paper fast enough. Demand, partly driven by the upswing...
At Vale Wood Farms in Cambria County, a group of high school kids are learning the right way to move a cow. The newest hires are getting up to speed – a process that could be more time consuming than usual this year, said Carissa Itle Westrick, the...
The Jamaica Stock Exchange (JSE) Combined Index declined on Friday with an advance/decline ratio of 39/37. The index moved down by 413.58 points or 0.10 per cent to close at 428,675.22. The JSE Main Market Index declined by 71.20 points or 0.02 per...
The European Union handed down US$1 billion in fines to major German car manufacturers on Thursday, saying they colluded to limit the development and roll-out of car emission-control systems. Daimler, BMW and Volkswagen, along with its Audi and...
Stellantis is a little late to the global electric vehicle party, but on Thursday it pledged to catch up and pass its competitors. CEO Carlos Tavares says that by 2025, some 98 per cent of its models in Europe and North America will have fully...
United States President Joe Biden said he would “deliver” a message to Russian President Vladimir Putin about the latest ransomware attacks targeting American businesses, setting up a test of Biden’s ability to balance his pledge to respond firmly...
Electricity distributor Jamaica Public Service Company, JPS, says it has enough power to charge the estimated 50,000 electric vehicles that is projected to be in use in Jamaica by 2030, but can only do so effectively if EV owners confine the...
The European Central Bank has adopted a new approach to managing the economy that would tolerate transitory periods of consumer inflation moderately above its 2 per cent goal – and take greater account of climate change in its forecasting and...
Since the start of the COVID-19 pandemic, we have heard a lot about global solidarity. Unfortunately, words by themselves will not end the pandemic – or curb the impact of the climate crisis. Now is the moment to show what solidarity means in...
Wayne Gentles, the interim chief executive of medical company GWest Corporation Limited, is promising a financial turnaround for the loss-making firm, whose business is the sale and rental of units at its multistorey Fairview complex in Montego Bay...
The ability of the Jamaican government to finance private-sector and public welfare stimulus packages without resorting to external borrowing, including the non-take-up of special drawing rights allocation from the International Monetary Fund, has...
The Private Sector Vaccine Initiative, PVSI, now has some 200 companies signed up, its primary spokesman, Peter Melhado, said this week, with expectations that more will join as the national vaccine programme, NVP, run by the Jamaican Government...
The Court of Appeal has rejected a request by Arc Systems Limited to put a hold on the receivership granted by the Supreme Court in May, until its challenge of that ruling is heard. But the company is not ready to give up on that fight. “Our...
The Jamaica Stock Exchange (JSE) Combined Index advanced on Thursday with an advance/decline ratio of 40/36. The index moved up by 3,301.31 points or 0.78 per cent to close at 429,088.80. The JSE Main Market Index advanced by 3,362.7...
