Tue | Jul 14, 2026

Business

Published:Sunday | February 3, 2019 | 12:00 AM

For Starbucks, former CEO Howard Schultz is a hero — and a headache. Schultz spent more than 30 years at Starbucks, growing a handful of coffee shops into a global brand. But now as the billionaire mulls running for president as an...

Published:Sunday | February 3, 2019 | 12:00 AM

Tech companies and nearly two dozen US states clashed with the United States government in federal court Friday over the repeal of net neutrality, a set of Obama-era rules aimed at preventing big internet providers from discriminating against...

Published:Sunday | February 3, 2019 | 12:00 AM

  COLUMN: FOREIGN POLICY According to the Central Bank of Barbados, the island’s tourism output slowed in 2018 to an estimated 0.6 per cent despite there being a 2.8 per cent increase in visitor arrivals last year. The reasons given were...

Published:Sunday | February 3, 2019 | 12:28 AM

ADVISORY COLUMN: SMALL BUSINESS

Published:Sunday | February 3, 2019 | 12:00 AMMcPherse Thompson/ Assistant Editor - Business

The Bank of Jamaica (BOJ) has intervened in the foreign exchange market by selling US$50 million to authorized dealers and cambios to offset what it said was the effects of excessive daily volatility in recent weeks. That followed the continued...

Published:Sunday | February 3, 2019 | 12:00 AM

  ADVISORY COLUMN: PERSONAL FINANCIAL ADVISER QUESTION: I have $300,000 to put into the market. What do you think is good for a 53 year-old man? -Peter FINANCIAL ADVISER: The stock market is what I believe you are referring to. The best course...

Published:Sunday | February 3, 2019 | 12:00 AM

  ADVISORY COLUMN: INSURANCE HELPLINE Ganja, according to the website weedmap.com, is a term derived from Sanskrit. It refers to Cannabis sativa, otherwise called marijuana. Ganja is said to have entered the local vocabulary via Indian...

Published:Sunday | February 3, 2019 | 12:00 AMSteven Jackson/Senior Business Reporter

Coffee processor Salada Foods Jamaica Limited is offloading its spice company, which sold compressed pimento leaves to flavour the fire for jerk meats but has been idle since 2017. Salada owns 70 per cent of Pimora Company Limited, whose net assets...

Published:Sunday | February 3, 2019 | 12:00 AMAvia Collinder/Business Reporter

The Hussey family, owners of the Terra Nova hotel, has tapped architects Clifton Yap and Outram Hussey to design a new high-rise for luxury condominiums that will be sold to investors. The new development to be called ‘The Residences at Terra...

Published:Sunday | February 3, 2019 | 12:00 AM

Dr Guna Muppuri founder of junior market company Indies Pharma Jamaica Limited announced that shares valued at over $2.8 billion held by him and connected parties were moved to a holding company. It reflected the largest movement in shares of the...

Published:Wednesday | February 6, 2019 | 11:03 AMHuntley Medley/Senior Business Writer

On January 29, Chorvelle Johnson completed her first year as head of Sagicor Bank, the banking outfit now k

Published:Friday | February 1, 2019 | 12:00 AM

Telecoms gear provider Nokia reported Thursday a rise in fourth-quarter earnings, thanks to strong demand for new-generation mobile networks, the so-called 5G systems that have been the focus of a high-stakes dispute between the United States...

Published:Friday | February 1, 2019 | 12:34 AM

Auto plants and other big energy users throughout southeast Michigan are shutti

Published:Friday | February 1, 2019 | 12:00 AM

After years of belt-tightening and spin-offs that ate into revenue and profits, General Electric Company, GE, reported fourth-quarter net income of US$761 million, sending shares up 10 per cent in premarket trading. The company also reached a US$1....

Published:Friday | February 1, 2019 | 12:00 AM

Canada announced Wednesday it is removing up to half of the Canadians at its embassy in Cuba after another diplomat fell mysteriously ill. Canada has confirmed 14 cases of unexplained health problems since early 2017. Twenty-six workers at the...

Published:Friday | February 1, 2019 | 12:00 AM

OP-ED CONTRIBUTION: LEGAL AFFAIRS Jamaica was recently ranked on the World Bank’s Doing Business index at No. 6 in the world for ease of starting a business. Foreign entities seeking to do business in Jamaica may wonder whether it is...

Published:Friday | February 1, 2019 | 12:32 AM

OP-ED CONTRIBUTION: EMERGING MARKET ADVISER

Published:Friday | February 1, 2019 | 12:00 AM

After gliding through years where stocks mostly just rose, a generation of investors last year suddenly confronted a hard financial truth: stocks are risky and can plunge at any moment. For older investors, the nearly 20 per cent drop in the S&...

Published:Friday | February 1, 2019 | 12:00 AMMcPherse Thompson/ Assistant Editor - Business

Kingston Freeport Terminal Limited, KFTL, a subsidiary of the French-based shipping company CMA CGM, said that on January 24 it recorded the best performance ever in the history of the port of Kingston in terms of container moves. Kingston Freeport...

Published:Friday | February 1, 2019 | 12:00 AMAvia Collinder/Business Reporter

CB Group has taken under its wing a start-up company named Benchmark Quality Management Solutions Limited, run by past employee Dr Velton Gooden, who says he is bringing to the table quality management systems of an international quality – at...

Published:Friday | February 1, 2019 | 12:00 AM

Food service company Express Catering Limited, ECL, is indicating that the generous dividends paid to shareholders last year will not be a one-time event. CEO Ian Dear says the company will continue to make ample distributions to its owners from...

Published:Thursday | January 31, 2019 | 12:20 AM

Apple says Facebook can no longer distribute an app that paid users, including teenagers, to extensively tra

Published:Wednesday | January 30, 2019 | 12:00 AMMark Titus/Gleaner Writer

Zimmer & Company has entered into distribution arrangements that will see its cannabis-laced health and wellness products entering markets in Mexico and Colombia. T’Shura Gibbs, who heads the Montego Bay-based company, says she has struck...

Published:Wednesday | January 30, 2019 | 12:00 AM

Greece has raised money on international bond markets for the first time since emerging from its bailout programmes last summer, getting €2.5 billion (US$2.87 billion) Tuesday in a five-year bond auction. Finance Minister Euclid Tsakalotos...

Published:Wednesday | January 30, 2019 | 12:00 AM

A key adviser to the European Union’s highest court said on Tuesday that a controversial element on dispute settlement in the free trade agreement with Canada complies with European Union law. Advocate General Yves Bot said in a legal opinion...

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