Business

It will cost US$35 million to drill a well offshore Jamaica in the zone seen as most likely to hold deposits of oil, according to the new consultant hired by licence holder United Oil and Gas Plc to find it a drilling partner. The estimate by...

Seismic shifts are taking place in the global economic architecture as countries accelerate efforts to transition to clean and green economies. In 2015, at the United Nations Climate Change Conference known as COP21, world leaders signed the...

Looking to draw in the next generation of investors, Fidelity Investments is launching a new type of account for teenagers to save, spend and invest their money. The account is for 13 to 17-year-olds, and it will allow them to deposit cash, have a...

More than 20 heads of state and government from Africa held talks in Paris with the heads of international organisations Tuesday on how to revive the continent’s economy, which the COVID-19 pandemic has impacted deeply. Some European leaders and...

PanJam Investment Limited is putting a dozen residential units on the market, the first set among 41 that will sit atop the ROK Hotel on the Kingston waterfront. However, PanJam Deputy CEO Paul Hanworth says the company will not reveal the cost of...

Kingston Properties Limited, KPREIT, has invested US$1 million in a real estate fund based in the United States, which gives the real estate investment trust measured exposure to the American market. “We invested the sum in a real estate private...

Large manufacturer Wisynco Group Limited has brought production of Bigga soft drinks back to its plant in Lakes Pen, St Catherine, bringing an end to a manufacturing agreement the beverage maker had with a partner in the United Kingdom that has...

The European Union and the United States on Monday decided to temporarily suspend measures at the heart of a steel tariff dispute that is seen as one of the major trade issues dividing the two sides. With the decision, “we are walking the talk in...

Airbnb reported Thursday that its first-quarter loss more than tripled, to US$1.17 billion, as travel remained depressed by the pandemic and the company was weighed down by costs from past borrowing. However, revenue topped the same period in 2019...

QUESTION: I need financial advice on how to acquire a house with my current financial status, please. – Marlon FINANCIAL ADVISER: You have not said what your current financial status is, so I can only say generally how you can go about...

As an executive, have you fallen into the trap of looking for psycho-emotional solutions to issues of employee productivity? If so, you may need a fresh lens. The refrain ‘I just don’t understand these people’ is a common complaint in management...