Published:Wednesday | December 31, 2025 | 12:09 AM
Greg Abel faces the challenge of taking over Berkshire Hathaway from the legendary Warren Buffett later this week. Many regard Buffett as the world’s greatest investor after he grew Berkshire from a struggling New England textile mill that he...
Published:Wednesday | December 31, 2025 | 12:08 AM
US technology giant Meta has announced the acquisition of Manus, a Singapore-based developer of general-purpose AI agents, which builds on chatbots prompts to create workflows. The deal closed on Monday for an undisclosed sum but various news...
Published:Wednesday | December 31, 2025 | 12:08 AM
Cargo Handlers Limited (CHL), which provides dockside services at the Montego Bay Freeport, reported higher revenue and profit for its financial year ended September 2025, reflecting increased economic activity prior to Hurricane Melissa....
Published:Wednesday | December 31, 2025 | 12:07 AM
Dormitory operator 138 Student Living Jamaica Limited (138SL) closed its financial year on solid ground, reporting higher revenue and improved earnings, amid ongoing negotiations with The University of the West Indies (UWI) over Irvine Hall. The...
Published:Wednesday | December 31, 2025 | 12:07 AM
Stocks fell slightly on Wall Street Tuesday as trading for 2025 nudges closer to the finish line. With just one trading day left before the year ends, most big investors have closed out their positions and volume has been thin. Every major index is...
Published:Wednesday | December 31, 2025 | 12:06 AM
Silver and gold futures fell sharply on Monday after the Chicago Mercantile Exchange (CME), one of the world’s largest trading floors for commodities, asked traders to put up more cash to make bets on precious metals with prices surging this year....
Published:Wednesday | December 31, 2025 | 12:06 AM
Jamaican businesses raised their inflation expectations in November 2025, reflecting concerns about the economic fallout from Hurricane Melissa and signalling higher anticipated costs across key inputs. “The expected inflation 12 months ahead was...
West Indies Petroleum Energy (WIP Energy) will set up fuel station outlets along Jamaica’s north and south coasts under its Thrifty Gas brand. It received planning approvals for 11 sites granted by the National Environment and Planning Agency (...
Published:Wednesday | December 31, 2025 | 12:06 AM
The Trump administration made work requirements for low-income people receiving government assistance a priority in 2025. The US departments of health and human services, agriculture and housing and urban development have worked to usher in...
Published:Wednesday | December 31, 2025 | 12:05 AM
Shares opened mixed in Europe on Tuesday after slipping in Asia as some regional markets wrapped up trading for the year. Crude oil prices edged higher and gold and silver resumed their ascent. US futures were flat. In Tokyo, Japanese Prime...
The start of a new year usually brings new motivation to achieve goals like eating healthier or finally cleaning your basement. Many resolutions also focus on financial goals, such as paying off credit card debt, saving for a new house, or simply...
The listed entity, Kingston Properties Limited (KPREIT), has completed the acquisition of its third property in the United Kingdom for an undisclosed sum. The acquisition adds to its growing portfolio of international assets. The deal was finalised...
CIBC Caribbean Bank Jamaica Ltd made $45.9 million profit for its October 2025 year end or four-fifths less than a year earlier, as the bank grappled with the impact of Hurricane Melissa. It also forecasts that the credit quality of its borrowers...
Asian shares were mixed Thursday in thin holiday trading, with most markets in the region and elsewhere closed for Christmas. In Tokyo, the Nikkei 225 edged 0.1 per cent higher to 50,407.79. It has gained nearly 30 per cent this year. The dollar...
Question: Since the hurricane, you would expect that business is booming for us but it’s not. We have a lot of inquiries, we are bogged down with evaluating repair jobs and providing estimates for customers to repair Hurricane Melissa damage, but...
Like many retirement communities, The Terraces serves as a tranquil refuge for a nucleus of older people who no longer can travel to faraway places or engage in bold adventures. But they can still be thrust back to their days of wanderlust and...
In Tuesday's trading session the following reflects the movement of the JSE Indices: The JSE Combined Index advanced by 2,124.07 points ( 0.66 %) to close at 322,986.16 points and the volume traded amounted to 16,477,589 valued at $80,938,867.72....
The Trump administration said on Tuesday that it will begin garnishing the wages of student loan borrowers who are in default early next year. The department said it will send notices to approximately 1,000 borrowers the week of January 7, with...
At a time when Americans are frustrated and angry over the high cost of living, the government released a report on Thursday showing that inflation had cooled unexpectedly in November. But economists quickly warned that last month’s numbers were...
Honey Bun Ltd closed its September 2025 year with higher sales but a markedly thinner bottom line, as the commissioning of its new Angels, St Catherine bakery drew heavily on cash, borrowings, and operating expenses. It was a deliberate trade-off...
It was a scary good year for investors. It was scary because the US stock market plunged to several historic drops on worries about everything, from President Donald Trump’s tariffs to interest rates to a possible bubble in artificial-...
This holiday season, many US drivers are getting the gift of lower gas prices. According to data from motor club AAA, December has been the cheapest month for prices at the pump this year. The national average for unleaded gas has stayed below...
The US economy grew at a surprisingly strong 4.3 per cent annual rate in the third quarter, the most rapid expansion in two years, driven by consumers who continue to spend in the face of ongoing inflation. US gross domestic product from July...
GraceKennedy Ltd (GK), the Jamaica-based food and finance conglomerate, has taken full control of Dairy Industries Jamaica Limited (DIJL), the maker of the iconic Tastee Cheese brand. GK will acquire the company from New Zealand-based Fonterra Co-...
