A budget airline that serves mostly small cities in the United States, began federal deportation flights Monday out of Arizona, a move that’s inspired an online boycott petition and sharp criticism from the union representing the carrier’s flight...
China is moving to strengthen its alliances with other countries as a counterweight to the United States trade war, presenting a united front with Latin American leaders a day after China and the US agreed to a 90-day truce in their tariffs...
A global trade war is offering Puerto Rico hope as the United States territory attempts to strengthen its fragile economy. Government officials are jumping on planes to try and convince international companies to relocate their manufacturing plants...
Berger Paints Jamaica Limited is making a bigger push into the Caribbean. “We’re going after everything,” General Manager Dwaine Williams told the Financial Gleaner on the sidelines of the company’s annual general meeting. The team at Berger...
NCB Financial Group Limited, NCBFG, has failed to finalise deals to sell two banking subsidiaries. However, the group posted higher profit for its second-quarter ending March 2025, driven by the sale of a third business by its insurance subsidiary...
Barita Investments Limited outlined additional details about its real estate developments, including plans to build a warehouse and a multifunctional complex. The company said it completed significant pre-development work, scoping the nature of...
Wisynco Group Limited reported a net profit of $971 million for the third quarter ended March 2025, reflecting a 17.5 per cent decline year-on-year due to market softening. “In general, there was a softening in the market due to lower demands...
The United States and China agreed Monday to slash their massive recent tariffs, restarting stalled trade between the world’s two biggest economies and setting off a rally in global financial markets. But the de-escalation in the US trade wars did...
The title of this newspaper’s May 7 editorial, ‘Hear from the Chinese Garage’, was ambiguous. The text suggested that local service providers, policymakers, regulators, and others should study the strategies that the foreign garage owners and...
The Trump administration on Thursday proposed a multibillion-dollar overhaul of a US air traffic control system that it said still relies on floppy disks and replacement parts found on eBay and has come under renewed scrutiny in the wake of recent...
United States President Donald Trump agreed Thursday to cut tariffs on UK autos, steel and aluminium in a planned trade deal but played down the possibility of other nations getting similarly favourable terms on his import taxes, which are roiling...
All does not have to be lost if you have lost or are losing control over your finances such that you are carrying more debt than is desirable. There are many practical steps from which to choose – assess your current financial situation, create a...
Assume you are the CEO of a local company, on the verge of asking the C-suite to commit to an exciting grand aspiration. But deep down, you are afraid they’ll ask you for next steps, which you don’t have. Is there a simple formula to follow? On...
A teenager who admitted being “addicted to speed” behind the wheel had totalled two other cars in the year before he slammed into a minivan at 112 mph (180 kph) in a Seattle suburb, killing the driver and three of the five children she was...
Japan’s top automaker Toyota reported record sales for the fiscal year through March on Thursday, but its profit for the latest quarter faltered partly because of a certification scandal. Toyota Motor Corp’s January-March net profit totalled ¥664.6...
The United States Federal Reserve kept its key interest rate unchanged on Wednesday, brushing off demands to lower borrowing costs, and said that the risks of both higher unemployment and higher inflation have risen, an unusual combination that...
The Bank of England cut its main interest rate by a quarter of a percentage point to 4.25 per cent amid concerns over the potential shock to global growth emanating from the tariff policies of the Trump administration. The decision on Thursday was...
French company TotalEnergies plans to begin drilling the Macaw-1 exploration well offshore Suriname by mid-May, the state-owned oil and gas company, Staatsolie Maatschappij Suriname NV, said. The Macaw-1 is the first of five offshore exploration...
When US President Richard Nixon appointed Arthur Burns as Federal Reserve chair in 1970, he welcomed him to the job with these words: “I respect his independence. However, I hope that, independently, he will conclude that my views are the ones that...
A downturn in the local and international equities markets and dogged sluggishness in the real estate market hurt both the top and bottom lines of Jamaican Teas Limited. For the second quarter ended March 2025, JamTeas reported a net loss of $74.49...
Power utility Jamaica Public Service Company, JPS, is investing US$300 million to construct Jamaica’s largest solar power plant and a battery storage facility, starting this month. The renewable energy facility will replace JPS’s aged Hunts Bay...
Marathon Insurance Brokers Limited is planning to expand into three Caribbean countries and says it is on track for listing on the Jamaica Stock Exchange in just over a year from now. However, Marathon Insurance Chairman Richard Burgher said that...
Guardian Holdings Limited delivered TT$771 million in net profit for the March quarter, more than tripling last year’s quarterly results due to the sale of a subsidiary. The earnings convert to about $18 billion in Jamaican currency. The profit...
