Business

January was expected to bring a spike in foreclosures and property auctions, with the end-of-loan moratoriums having rolled off in December, but there has been no unusual jump in the number of forced sales, with just days left in the month. Some...

In the dying days of the Trump presidency, the United States State Department designated Cuba a ‘state sponsor of terrorism’. Regrettably, the measure will slow efforts by the Biden administration to take a calibrated approach to gradually...

Private equity fund Portland JSX Limited is dragging a US$1.5-million loss, due to write-downs in the value of its investments, but sees signs of a turnaround in its latest numbers to November. This month, it’s also due to collect income of US$977,...

With more than a trillion euros in stimulus still in the pipeline to the economy, the European Central Bank, ECB, left its key bond-purchase programme unchanged on Thursday as the 19-country eurozone endures a winter economic slowdown due to the...

China’s highest-profile entrepreneur, Jack Ma, appeared on Wednesday in an online video, ending a 2½-month absence from public view that prompted speculation about the future of the e-commerce billionaire and his Alibaba Group. In the 50-second...

Construction on the long-disputed Keystone XL oil pipeline halted on Wednesday in anticipation of United States President Joe Biden revoking its permit. Biden’s day-one plans included moving to revoke a presidential permit for the pipeline. The...

Bus company Knutsford Express Services Limited, which offers cross-country commutes, should benefit from improved cash in its operations as it continues to draw down on borrowed funds to withstand the recession and fallout in travel. Knutsford...

US stocks rallied to records on Wednesday on encouraging earnings reports and continued optimism that new leadership in Washington will mean more support for the struggling economy. The S...

ADVERTORIAL: MC SYSTEMS Six major technology applications are among the key trends to watch out for in 2021. These are: • Expansion in remote working and video conferencing • Increased competition in remote educational delivery tools • New uses...

Consumer and business confidence inched up for the first time in four quarters, driven by expectations for jobs and future profits, the survey for the December quarter has found. Optimism broke through even though large numbers of Jamaicans are...

Efforts to assess the impact of a more than seven-month-old cyberespionage campaign blamed on Russia – and boot the intruders – remain in their early stages, says the cybersecurity firm that discovered the attack. The hack has badly shaken the...