Business

There’s something missing from a new wave of bars opening around the world – alcohol. Aimed at the growing number of people exploring sobriety, the bars pour adult drinks like craft cocktails without the booze. At 0 per cent Non-Alcohol Experience...

On March 10, the credit rating agency Moody’s placed Ethiopia on review for a downgrade The problem isn’t violence and repression in Ethiopia’s embattled Tigray region. Rather, Moody’s has concluded that the Ethiopian government’s commitment to...

Sebastian Tickle, the former global head of operation and partnership development at business process outsourcing company Smart Solutions, has left to head up an outfit, in the same industry, that he co-owns with an American partner. He is now...

Scotia Group Jamaica, operator of the country’s second largest commercial bank, will deepen its investment in digital services this year and is weighing the prospect of what the virtual currency being developed by the central bank could mean for...

QUESTION: About mid-April 2020, we launched our company’s digital-transformation plan in response to the pandemic crisis, which forced us to implement work from home and utilise more technology to get the work done. We had to buy more laptops and...

A consumer who waited over two years to resolve her motor insurance claim against a third-party driver’s insurer was sent a 116-word email on March 2 by her insurer as the claim neared settlement. The email read: “Please be advised that based on...

Christie’s says it has auctioned off a digital collage by an artist named Beeple in an unprecedented sale of a digital artwork that fetched more money than physical works by many better known artists. The piece, titled ‘Everydays: The First 5,000...

Baking company Honey Bun Limited will, by mid-year, decide on what use it will put the property it quietly purchased last year. The lot connects to the back of its manufacturing complex located at Retirement Crescent in Kingston, but Honey Bun isn’...

The Jamaican Govern-ment is defending its $33-billion dividend payout from the Bank of Jamaica, BOJ, at a time when big financial companies have been persuaded, at the behest of the regulator, to avoid making large distributions to their owners....

Investors have seemingly cleared airline stocks for take-off, but the industry still faces a long and bumpy climb. The S...

Jamaica is facing a lost decade of economic growth, unless its recovery surpasses three per cent expansion annually, Professor Densil Williams has warned. The pro-vice-chancellor of the University of the West Indies, Mona, says the Jamaican...

Caribbean economies have largely been primary producers with a focus on commodities for much of our history. Diversification has been a constant in our regional and national discourse, with limited progress, notwithstanding our best efforts....