Business

This is dedicated to Huntley Medley, this newspaper’s Associate Business Editor, who erected the foundation for today’s article. In an article he wrote titled ‘FinMin drafting new regulations for insurance solvency’, and published February 10, its...

The British economy suffered its biggest decline in more than 300 years in 2020 as the coronavirus pandemic closed shops and restaurants, devastated the travel industry and curtailed manufacturing. The economy shrank 9.9 per cent last year, more...

J MMB Group Limited is seeking $6 billion from the market through the issue of new preference stock at fixed rates of 7.15 per cent and 7.35 per cent. The offer of the two prefs, which runs from February 16 to March 9, is priced at $3 per share....

United Airlines says it will buy up to 200 small electric aircraft to help customers in urban areas get to the airport. The airline said it will help electric aircraft start-up Archer develop an air taxi-type craft capable of helicopter-style,...

Toyota says it will roll out two new battery-electric vehicles and one plug-in gas-electric hybrid in the United States this year as the parade of new EVs continues. The company gave few specifics on the vehicles during a presentation on Wednesday...

The staff is not yet fully settled in, but by the end of March First Rock Guyana should be up and running. The Jamaican company’s entry into the Guyanese market was delayed by the pandemic, but things are a bit more certain now, according to CEO...

A recommendation for changes to the calculation of the capital adequacy ratio for general insurance companies is now being reviewed by the finance ministry and legislation is being drafted to the give effect to either a new minimum capital test or...

A hacker gained entry to the system controlling the water treatment plant of a Florida city of 15,000 and tried to taint the water supply with a caustic chemical, exposing a danger cybersecurity experts say has grown as systems become both more...

They are the annual journeys of late winter and early spring: Factory workers in China heading home for the Lunar New Year; American college students going on road trips and hitting the beach over spring break; Germans and Britons fleeing drab...

Lasco Distributors Limited aims to power close to a third of its operation using solar energy, and potentially a portion of its sister manufacturing company at White Marl, St Catherine, through a 500-kilowatt photovoltaic system. The buildout of...

Tesla has invested around US$1.5 billion in Bitcoin and said it plans to begin accepting the digital currency as payment for its high-end vehicles soon. The price of Bitcoin soared 15 per cent to above US$43,000 in intraday trading Monday. The...

As a leader, has the advent of working-from-home distanced you from your employees? As a result, have you witnessed unwanted behaviours? Perhaps you have even realised the unexpected: workers who are actually worse off. In some companies, we have...