Business

Coldwell Banker Realty Jamaica will redevelop and offer for lease a property acquired at the intersection of Harbour Street and West Street in Kingston for just over $40 million, says Construction Project Manager Peter Issa. The redevelopment,...

Pfizer is spinning off a big chunk of the company, culminating a series of major deals aimed at reshaping the drugmaker into a slimmer but faster-growing operation. The biggest United States-based drugmaker announced the latest move on Monday –...

Massy Technologies Infocom Jamaica has partnered with French company Schneider Electric to distribute cooling and power equipment to local companies. Massy Infocom CEO Anthony Smith said the company is targeting hotels, financial firms, and BPO...

Why aren’t people replying to your emails? At first blush, you may believe it’s personal, but it’s not. You simply may not be using an approach that suits the preferences of your intended recipient. Contrast your experience with the one I had...

In the last few days, new evidence has been published suggesting that scientists are now 99 per cent certain that human activity is causing global warming. As if to validate this, temperatures in parts of Northern Europe spiked this week at 44.9C (...

The European Central Bank, ECB, joined the US Federal Reserve in making clear that more stimulus could be coming soon to support an economy weakening in the face of global trade tensions. The ECB’s rate-setting board left its key interest...

Nissan is slashing 12,500 jobs or about nine per cent of its global workforce to cut costs and achieve a turnaround amid tumbling profits, the Japanese automaker said Thursday. Nissan Motor Company also said it will cut global production capacity...

The Nissan dealership operated by Fidelity Motors was in a celebratory mood on Wednesday with the ­opening of its renovated showroom at Hanover Street in Kingston, notwithstanding that the Japanese carmaker that supplies the brand is looking to...

Ratings agency Fitch is suggesting that Digicel Group consider raising new capital or sell additional ­assets in order to prepare for its next payout on maturing bonds. That’s because more than half of its debt maturities are due within four years...

The value of the Jamaican dollar is at historic lows, but Finance Minister Nigel Clarke is bullish about its future prospects. Clarke said on Wednesday that the successful execution of an inflation-targeting regime should allow Jamaica, within five...

Jamaica Stock Exchange Limited, the JSE Group, grew its bottom line by more than a third in the second quarter, and the value of its shares are on the rise, but some brokers see the stock as pricey. JSE traded at $38.51 on Wednesday, but the...

Boeing’s CEO says the company will consider temporarily shutting down production of the 737 Max if the plane’s return is significantly delayed beyond the company’s October forecast. The comment by Chairman and CEO Dennis Muilenburg underscores the...