Sun | May 3, 2026

Business

Published:Friday | May 30, 2025 | 12:07 AM

A federal court on Wednesday blocked US President Donald Trump from imposing sweeping tariffs on imports under an emergency-powers law, swiftly throwing into doubt Trump’s signature set of economic policies that have rattled global financial...

Published:Friday | May 30, 2025 | 12:07 AM

The headline-grabbing tale of an Italian man who said he was kidnapped and tortured for weeks inside an upscale Manhattan townhouse by captors seeking his bitcoin highlights a dark corner of the cryptocurrency world, the threat of violence by...

Published:Friday | May 30, 2025 | 12:07 AMNeville Graham - Business Reporter

The former Foote Prints on the Sands hotel is reopening with a new name and new design, and is going after a different clientèle. “It’s going to be more upscale; it’s going to be more boutique, more luxurious,” said Executive Chairman Dr Andre...

Published:Friday | May 30, 2025 | 12:07 AM

Puerto Caribe Properties Limited plans to build one of the tallest structures in Jamaica at Secret Estate, Rose Hall, which will operate under the Moon Palace brand, document filings and sources have revealed. The hotel will have about 30 floors,...

Published:Friday | May 30, 2025 | 12:07 AM

Barita Investments Limited reported a $627.5-million profit for the quarter, down 55 per cent from a year earlier, reflecting normalised activities following last year’s real estate revaluation in its investment holdings. “The decline is largely...

Published:Friday | May 30, 2025 | 12:06 AM

After reporting an outturn of nearly $4 billion for the first quarter ended March 2025, financial conglomerate,Sagicor Group Jamaica Limited is aiming to replicate the performance across all the remaining quarters of this year, but with a note of...

Published:Friday | May 30, 2025 | 12:06 AMLuke Douglas - Senior Business Reporter

The shortage of warehouse spaces in Kingston and in other parts of the country are currently being addressed, although the demand for such spaces remains high, say people involved in the construction and real estate sectors. David Dixon, realtor...

Published:Thursday | May 29, 2025 | 12:10 AM

Elon Musk is criticising the centrepiece of United States President Donald Trump’s legislative agenda, a significant fracture in a partnership that was forged during last year’s presidential campaign. The billionaire entrepreneur, who supported...

Published:Wednesday | May 28, 2025 | 12:08 AM

The United States Justice Department has reached a deal with Boeing that will allow the airplane giant to avoid criminal prosecution for allegedly misleading US regulators about the 737 Max jetliner before two of the planes crashed and killed 346...

Published:Wednesday | May 28, 2025 | 12:07 AM

Drones have harassed airports and bedevilled local police. They have trespassed over nuclear plants and prisons. On the battlefield, they can kill. But aside from shooting down the devices, which may create further danger, there’s often not much...

Published:Thursday | May 29, 2025 | 9:56 AM

According to the International Monetary Fund’s Articles of Agreement, the IMF’s main purpose is to facilitate the balanced growth of international trade and thereby promote high levels of employment and real (inflation-adjusted) income. Yet, with...

Published:Wednesday | May 28, 2025 | 12:06 AMNeville Graham/Business Reporter

Seprod Limited reported significant revenue growth in the first quarter ended March 2025, but expenses and finance costs put a damper on profits at the distribution and manufacturing conglomerate. Net profit and earnings per share declined in the...

Published:Wednesday | May 28, 2025 | 12:06 AMLuke Douglas/Senior Business Reporter

The Jamaica Business Development Corporation, JBDC, has carried out tests on almost 30 different plant materials over the past two years, with a view to producing essential oils locally for a worldwide market estimated at over US$20 billion....

Published:Wednesday | May 28, 2025 | 12:06 AM

Fort Lauderdale in Florida now accounts for the busiest destination for air passengers leaving Kingston. January was the highest-ever arrivals recorded, said Sitara English-Byfield, CEO of PAC Kingston Airport Limited, also referred to as PACKAL,...

Published:Tuesday | May 27, 2025 | 12:07 AM

Money-losing Japanese automaker Nissan is banking on its latest ‘e-Power’ technology for a turnaround. A kind of hybrid, e-Power comes equipped with both an electric motor and gasoline engine, much like the Toyota Motor Corp’s Prius. It’s...

Published:Sunday | May 25, 2025 | 12:09 AM

Passengers on Southwest Airlines flights will soon be required to keep their portable chargers in plain sight while using them because of concerns about the growing number of lithium-ion battery fires in a new policy that other airlines may adopt....

Published:Sunday | May 25, 2025 | 12:06 AM

Wall Street’s quiet corner is making noise again. While the bond market is typically seen as sedate and respectful, it can pack a heavy punch when it’s alarmed. And right now, it’s getting worried about how much more Washington is preparing to pile...

Published:Sunday | May 25, 2025 | 12:06 AM

The United States Mint has made its final order of penny blanks and plans to stop producing the coin when those run out, a US Treasury Department official confirmed Thursday. This move comes as the cost of making pennies has increased markedly, by...

Published:Sunday | May 25, 2025 | 12:06 AM

Retirement, being the final phase of your life, should be its crowning period when you enjoy your best life, barring debilitating health issues. How well you succeed in realising this period of fulfilment depends on the long-term plans you put in...

Published:Sunday | May 25, 2025 | 12:06 AM

As a business leader, you are tired of Jamaica’s lack of GDP growth. You are also committed to solving this apparently wicked problem, but just haven’t found the right conversations. Here’s a helpful point of view. Recently, I watched a YouTube...

Published:Sunday | May 25, 2025 | 12:06 AM

The Gleaner’s May 14, 2025 story, ‘PAHO/WHO, National Safety Council Donate Breathalysers’ influenced today’s article. It sparked two questions that life and non-life insurance companies, policymakers, the opposition party, religious and other...

Published:Sunday | May 25, 2025 | 12:06 AM

Rice is essential to Japanese culture, tradition and politics. People take pride in the oval-shaped sticky Japonica grain, which is still a staple even though total consumption has fallen over the decades. But since last summer, prices have soared...

Published:Sunday | May 25, 2025 | 12:06 AM

Latin America has not figured prominently in US President Donald Trump’s foreign and trade policies during his first 100 days in office, despite the appointment of a Latino – Marco Rubio – as US Secretary of State. But that does not mean the region...

Published:Sunday | May 25, 2025 | 12:05 AMLuke Douglas - Senior Business Reporter

There have been calls for the motor vehicle repair sector in Jamaica to be overhauled in light of the influx of Chinese vehicles to the island as well as the interest generated by a new Chinese repair outlet in Ferry, St Catherine, which was...

Published:Friday | May 23, 2025 | 12:09 AM

Fewer work and study visas contributed to a near halving in net migration into the United Kingdom — the number of people moving to the UK minus the number of those moving abroad — in 2024, official figures showed on Thursday. The Office for...

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