Business

China’s leaders are promising to shore up economic growth next year in the face of a tariff war with Washington and to reduce poverty and pollution. Leaders of the ruling Communist Party, in a statement reported on Friday by state media, pledged at...

Regional news coverage can be patchy. While electoral politics, national economic performance, and crime from across the Caribbean are regularly reported and commented upon, this is not the case when the issues are regarded as being domestic. The...

Aircraft cargo and handler provider AJAS is going public and plans to list on the junior market of the Jamaica Stock Exchange, JSE, early in the new year. The owners hope to open the initial public offering of shares to investors before the year...

Troubled airline Fly Jamaica is seeking protection from creditors as it tries to restructure and stay in business or explore other options, such as a sale. That filing for bankruptcy protection with the Office of Insolvency was done on October 29,...

Delta Air Lines, the most profitable American carrier, expects profits and revenue to increase next year on sustained demand for air travel and stable prices for jet fuel. The airline’s top executive, however, warns that concern about the...

Christine Lagarde is wasting no time in putting her stamp on the European Central Bank, ECB. The bank’s new president said at her first news conference Thursday that she will lead a top-to-bottom review of how the institution sets monetary policy...

Investors in Proven Investments Limited on Wednesday morning witnessed an apparent hundredfold rise in the share price, which would have rocketed the company’s market capitalisation to US$25 billion, or nearly twice the GDP output of Jamaica, based...

How can we know if an economic policy is achieving its stated objective? Well, we can create two similar groups, randomly allocate the ‘treatment’ to only one of them and measure the results. By comparing the groups, we will obtain a reliable...

Less than five months after opening as the fourth cinema in the Palace Amusement chain, the early performance of Sunshine Palace has been clouded by security measures imposed to contain and deter crime. The 674-seat facility at the Sunshine Outlet...

B. Don Russell wasn’t thinking about preventing a wildfire when he developed a tool to detect power line problems before they cause equipment failures, blackouts or even deadly accidents. The electrical engineering professor at Texas A...

After three and half years as the chief executive of large food and spirits distributor Caribbean Producers Jamaica Limited, CPJ, Dr David Lowe is departing the company within weeks to re-enter the financial sector as partner in a new private...

Elite Diagnostics Limited, a provider of ­medical imaging services, expects revenues to equal expenses at its new location in Drax Hall, St Ann, by next March. The Drax Hall location lost $2 million to $4 million in the September quarter. “But I do...