Business

Facebook capped a tumultuous 2020 with soaring earnings in the final quarter, its user base boosted by people staying home, and its revenue buoyed by a shift to digital advertising amid the pandemic. But the company predicted uncertainty for 2021...

A new telecommunications outfit owned by the former head of Scotiabank Jamaica, Bruce Bowen, and his wife Suzanne Fernando-Bowen, is finalising plans to enter the Jamaican market, though the full scope of the business is yet to be disclosed. Amid...

Boeing lost US$8.4 billion in the fourth quarter — capping a record loss for all of 2020 — as the pandemic undercut demand for planes, and the company announced another costly delay to its new large jetliner designed for long-haul flights. Most of...

JSE CAPITAL MARKETS CONFERENCE Jamaican investors interested in the American financial market are being urged to be cautious in their investment decisions, even as recent market activity has been bullish. Gregory Fisher, Managing Director...

As developing countries grapple with the challenge of sourcing for their populations, sufficient quantities of vaccines against the dreaded COVID-19 disease, and large nations make a money play and market grab for the precious commodity, emerging...

DAVOS FORUM: COVID VACCINE South African president and African Union chairman Cyril Ramaphosa has called on richer nations to release surplus vaccine doses to the rest of the world. Delivering an address Tuesday to the virtual World Economic Forum...

United States President Joe Biden is set to announce a wide-ranging moratorium on new oil and gas leasing on US lands, as his administration moves quickly to reverse Trump administration policies on energy and the environment and address climate...

Seprod Limited has reported the departure of four managers from the company, separations that CEO Pandohie described as routine, but which had to be disclosed to the market because of the seniority of the positions. The departures were published on...

Carnival Cruise Line is cancelling and delaying more United States trips with new cases of COVID-19 averaging about 170,000 per day in the country amid a jumbled roll-out of vaccines. Carnival’s planned seasonal service out of San Diego has been...

Jamaica’s big telecommunications companies aren’t prioritising rapid roll-outs of 5th generation, or 5G, mobile technology, even though radio frequencies for the service are already earmarked by the agency in charge of distributing spectrum. In its...

Google says it’s making progress on plans to revamp Chrome user tracking technology aimed at improving privacy even as it faces challenges from regulators and officials. The company gave an update Monday on its work to remove from its Chrome...

While most commercial banks have sought to curtail the incidence of card theft, cloning, and attempts at unauthorised activation, by ending the distribution of credit and debit cards to their customers using the regular mail service, the urging to...