On Thursday, the United States Secretary of State, Mike Pompeo, proposed a new approach to the political crisis that continues to grip Venezuela. In a statement, he called for “free and fair” presidential and national assembly elections organised...
First Rock Capital feted investors at one of its development sites in the upscale ‘Golden Triangle’ in Kingston on Thursday, where the start-up private equity company, which is preparing to go public and list on the stock market, also announced...
Eleven stocks made triple-digit gains on the Jamaica Stock Exchange, JSE, last year, and the market racked up a new record having topped 500,000 points for the first time. Market analysts expect stocks to maintain vibrancy in 2020, given pending...
The Trump administration on Wednesday unveiled its most recent round of guidelines for autonomous vehicle makers that still rely on the industry to police itself despite calls for specific regulations. Transportation Secretary Elaine Chao announced...
The Guyana Government says there is no consideration to granting flag carrier status to Caribbean Airlines Limited, CAL, even though the Trinidadian-owned carrier has been servicing the route for the “last 60 years”. Public Infrastructure Minister...
The Private Sector Organisation of Jamaica, PSOJ, has unveiled a six-point strategic plan to ensure that the country achieve inclusive growth and create an environment that enables private sector-led investments, while protecting the island’s...
When the board of junior market beverage company Jamaican Teas Limited meets on January 14, the directors will consider two subjects: a possible increase in the authorised share capital of the company and a sub-division of the companies issued and...
JMMB Securities Limited lowered its rating on shares of Caribbean Cement Company, CCC, and also set a new target price of $67.05. That’s more than 15 per cent lower than its average price in January but higher than JMMB’s previous target set last...
Soaring pork prices that nearly doubled in December over a year ago kept inflation at a seven-year high despite government efforts to ease meat shortages caused by a disease outbreak, official data showed Thursday. Surging inflation adds to...
China’s economy tsar will visit Washington next week for the signing of an interim trade deal, the government said Thursday. Vice-Premier Liu He, Beijing’s chief envoy in talks with Washington over their tariff war, had been expected to attend the...
The Panama Canal’s watershed experienced its fifth driest year of the last seven decades in 2019, officials said this week, underscoring warnings that climate change poses a major challenge to the recently expanded waterway, a major driver of the...
Pulse Investments Limited has raised $250 million through a global note issue in December which it will use to complete the Villa Ronai suites expansion project, and cut a pathway into the residential real estate market. The modelling and...
The Bank of Jamaica, BOJ, says it does want to be definitive at this time about its projection for inflation, given the increased level of geopolitical tensions in the Middle East over the last two weeks and the upward movement in crude oil prices...
Historians, sociologists, political scientists and economists will have a lot to analyse when they examine the past 30 years. The turn of the millennium marked a confluence of factors and changes in the forms of global organisation. The collapse of...
CAC 2000 has plans and business prospects lined up that it hopes will reinvigorate the company after a bad year that was characterised by a decline in revenue and losses at the bottom line. Given ongoing roadworks at Three Miles in Kingston that...
Facebook says it is banning ‘deepfake’ videos, the false but realistic clips created with artificial intelligence and sophisticated tools, as it steps up efforts to fight online manipulation. The social network said late Monday that it’s beefing...
Jamaica National Group, the largest mortgage lender in the local private market, has landed a banking licence in the United Kingdom that will both allow it do business there and provide cross-border banking services to group members. Not only is...
Main Event Entertainment Group made 29 per cent more in revenue last year, just enough to give the events company a small boost at the bottom line, despite heavy spending. For year ending October 2019, Main Event’s sales were up by $402 million to...
After a big year for its plant-based burger, Impossible Foods has something new on its plate. The California-based company unveiled Impossible Pork and Impossible Sausage on Monday evening at the CES gadget show in Las Vegas. It’s Impossible Food’s...
Tokyo prosecutors obtained an arrest warrant Tuesday for former Nissan chairman Carlos Ghosn’s wife on suspicion of perjury, adding to the couple’s legal troubles in the country where he once was revered as a star executive. The move against...
Mayfair Hotel, the more than 50-year-old property with a perimeter adjoining King’s House at West King’s House Road in Kingston, is up for sale. The popular but secluded villa-hotel and ‘watering hole’, which sports 42 rooms and rests on 2.3 acres...
The global benchmark for crude oil rose above US$70 a barrel on Monday for the first time in over three months, with jitters rising over the escalating military tensions between Iran and the United States. The Brent contract for oil touched a high...
JANUARY 9 Fontana Limited Annual General Meeting, at Grand-A-View Restaurant and Event Place, 7 Queens Drive, Montego Bay, 11 a.m. JANUARY 16 National Leadership Prayer Breakfast, Jamaica Pegasus hotel, Knutsford Boulevard, New Kingston....
A Turkish airline company says its jets were used illegally in Nissan Chairman Carlos Ghosn’s escape from Japan. Istanbul-based MNG Jet said an employee falsified records and that Ghosn’s name did not appear on any documentation related to the...
