Business

The rise and fall of empires are tumultuous events, with far-flung consequences. World War I and II were the spasmodic death throes of a handful of empires and their replacement with a new set of hegemonic actors. It is a regenerative dialectic...

T he United States economy slowed to a modest growth rate of 1.9 per cent in the summer as consumer spending downshifted and businesses continued to trim their investments in response to trade war uncertainty and a weakening global economy. The US...

L ocal rum and spirit sales of Campari-owned brands are growing at more than twice the pace of global sales for the Italian company. Spirits sales in Jamaica of home-based brands such as Appleton Estate and Wray...

A respected British think tank slammed Prime Minister Boris Johnson’s Brexit deal on Wednesday, concluding that the economy would be 3.5 per cent smaller over the next decade compared with staying in the European Union. The study by the National...

Only two weeks of a lengthy strike against General Motors, GM, happened in the third quarter, but that was enough to dent the company’s net profit by about $1 billion. GM reported on Tuesday that its third-quarter net income fell seven per cent as...

British Prime Minister Boris Johnson is preparing to grant telecommunications giant Huawei access to the UK’s future 5G telecoms network, a move that is expected to benefit Jamaica. The UK is moving towards a decision that will see Huawei allowed...

Every year, an estimated 100 billion plastic bottles are produced in the United States, the bulk of which comes from three of America’s biggest beverage companies: Coca-Cola, Pepsi and Keurig Dr Pepper. The problem? Only one-third of those bottles...

Khary Robinson, executive chairman of Mailpac Group Limited, has announced plans to come to market with the “largest junior market offering in Jamaica’s history” for the delivery company later this year. Details of the initial public offering were...

US house prices increased modestly in August, a trend that could make home buying affordable for more Americans. The S...

Political uncertainty and volatile oil prices are hindering economic growth in the Middle East this year, but trends should reverse next year, according to a new report released Monday by the International Monetary Fund. The IMF’s regional outlook...

Japanese technology giant SoftBank has committed billions of dollars to bailing out office-space sharing start-up WeWork in a daring vote of confidence from its intrepid founder Masayoshi Son. WeWork’s woes are substantial enough that some analysts...

It looks like a rock ‘n’ roll guitar that Led Zeppelin’s Jimmy Page would have played. But this one is 450 feet (137 metres) tall and is a light-beam hotel that the Seminole Tribe wants to become South Florida’s latest tourist destination. The...