Business

C hinese tech giant Huawei is asking a United States federal court to throw out a rule that bars rural phone carriers from using government money to purchase its equipment on security grounds. The lawsuit announced Thursday is Huawei Technologies...

O n a cold afternoon in late November, Jan Gerrit Otterpohl eyes the chimneys of Berlin’s Heizkraftwerk Mitte, a state-of-the-art power plant that supplies the city with heat and electricity. It’s not the billowing steam he’s interested in, but...

OP-ED CONTRIBUTION: TRADE The private sector performs well when firms can compete on a level playing field. But if the state is willing to influence market outcomes for individual firms, politically connected parties can gain an advantage over...

B MW is telling owners of some older 3-Series cars to stop driving them after another recall of dangerous Takata air bag inflators. A driver in Australia was killed by an airbag malfunction, while another Australian and a driver in Cyprus were...

Over a seven-month stretch, baking company Honey Bun worked with a foreign consultant on reshaping its organisational and other structures. During the past year, the company also added new warehousing capacity. The results were immediate. For year...

The world may be heading for an even greater oversupply of oil, and that possibility – which could drive down fuel and energy prices – is hanging over members of the OPEC cartel as they head into negotiations Thursday. The oil-producing nations...

Patrick Hylton has taken over as chairman of National Commercial Bank Jamaica Limited, NCBJ, the flagship company in the NCB Financial Group. Hylton, who is also president and CEO of NCB Financial Group Limited, replaces Michael Lee-Chin as...

The founder of Huawei says the Chinese tech giant is moving its US research centre to Canada due to American sanctions on the company. In an interview with Toronto’s Global and Mail newspaper, Ren Zhengfei said the move was necessary because Huawei...

Coffee processing company Salada Foods Jamaica Limited saw modest improvement in sales by more than $700 million. But the gains never made it to the bottom line, which shrank 35 per cent under the weight of regulatory fees. The company’s...

The market for liquefied petroleum gas, LPG, as motoring fuel has a third player, Autogas Jamaica Limited, AJL, a St Ann-based company that has emerged from its testing phase and is now fully operational after two years. AJL both retrofits vehicles...

France’s finance minister is threatening a “strong European riposte” if the Trump administration follows through on a proposal to hit French cheese, Champagne, handbags and other products with tariffs of up to 100 per cent. The US Trade...

Facebook started testing a tool on Monday that lets users move their images more easily to other online services, as it faces pressure from regulators to loosen its grip on data. The social network’s new tool will allow people to transfer their...