General Accident Insurance Company is reporting a fall in profit for the financial year ended December 2024. The 59 per cent fall-off saw earnings dropping to $221.3 million at year ending December 2024, compared to $524.44 million in 2023....
InterEnergy Group has bought Jamaica’s largest solar farm, Paradise Park, from Eight Rivers Energy Company, marking its second renewable energy purchase in Jamaica in less than four months. It now owns 100 per cent of the asset. Paradise Park was...
With her purple-and-pink hair swaying, Reneé Colón stands on a stepladder in the rented corner of a warehouse, pouring Brazilian coffee beans into her groaning, old roasting machine. The beans are precious because they survived severe drought in a...
Starbucks’ sales are on the upswing again, with the company reporting its first quarterly sales increase in more than a year in the January-March period. But the coffee giant said Tuesday that its turnaround effort is far from complete, and its...
Artificial intelligence ‘agents’ are supposed to be more than chatbots. The tech industry has spent months pitching AI personal assistants that know what you want and can do real work on your behalf. So far, they’re not doing much. Visa hopes to...
The Economic Commission for Latin America and the Caribbean revised the growth projection downwards for the region’s economies in 2025 downwards, on Tuesday. The regional UN agency now forecasts that the LAC region’s economies will grow two per...
Backed by a big bank loan, Jamaica Packaging Industries Limited has upgraded its machinery and moved into new operating space that could see the company tripling its output. Country Manager Gary Cole said the complex, spanning 74,000 square feet,...
There’s a new pour from Starbucks: Its first 3D printed store in the United States. The Seattle-based coffee giant with more than 17,000 locations nationwide has never had a store quite like the one opening this week in the Texas city of...
The following content is paid for and submitted by OrangeHRM on behalf of Caribbean HR Summit OrangeHRM, a global leader in human resource management solutions, successfully hosted the inaugural Caribbean HR Summit on April 10–11, 2025, at...
Jamaican company Rainforest Seafoods will be retailing local and imported fish and agricultural produce at its plant in Calliaqua, St Vincent. Minister of Agriculture and Fisheries Saboto Caesar told Parliament, however, that Rainforest’s retail...
A Canadian company announced Tuesday that its American subsidiary submitted applications to the National Oceanic and Atmospheric Administration to mine the seafloor, sparking outrage by bypassing a United Nations agency that regulates deep...
Americans’ confidence in the economy slumped for the fifth straight month to the lowest level since the onset of the COVID-19 pandemic as anxiety over the impact of tariffs takes a heavy toll. The Conference Board said Tuesday that its consumer...
The Caribbean tourism industry is expected to continue its growth this year, but prevailing economic uncertainties and slowdowns in major source markets during the first quarter of the year could affect the pace at which the sector is growing....
Dimitris Kosvogiannis, whose track record spans 25 years in tourism in Jamaica, has joined the executive management team at entertainment company Pulse Investments Limited, with a special focus on a key segment of the company: Villa Ronai. Speaking...
Microsoft said it is “slowing or pausing” some of its data centre construction, including a US$1 billion project in Ohio, the latest sign that the demand for artificial intelligence technology that drove a massive infrastructure expansion might not...
Diana and Rick Bellamy initially planned to take a Caribbean cruise out of Houston, Texas before heading to Laurel, Mississippi, to visit the home of one of their favourite HGTV shows ‘Home Town’. The Calgary couple scrapped those plans and...
A justice on Brazil ‘s Supreme Court on Monday ordered the federal government to seize private properties when owners are found responsible for illegal deforestation or wildfires. The landmark ruling, which could be appealed, also directs the...
The Association for Cruise Tourism is urging support for the Cayman Islands embracing cruise berthing infrastructure, saying it is an imperative to safeguard the future of the territory’s cruise tourism industry. Caymanians will vote in a...
Cricket West Indies, CWI, made record earnings from the 2024 ICC World Cup, allowing it to clear all debts, according to its latest annual report. Thinner margins are expected in the short term as no major tournaments are scheduled until 2026. “...
Armed with the approval of the central bank, entertainment company Supreme Ventures Limited has entered the bill payment market through its fintech arm, Supreme Ventures Fintech Limited. The service will be provided under its Evolve brand. The...
Former employees of OpenAI are asking the top law enforcement officers in California and Delaware to stop the company from shifting control of its artificial intelligence technology from a non-profit charity to a for-profit business. They’re...
Donald Trump is quickly turning the United States into the greatest tax haven in history. One need only note the US Treasury Department’s mandate to withdraw from the transparency regime that shares the real identities of company owners; the...
China’s leaders are downplaying the potential impact from the trade war mounted by the United States, saying they have the capacity to protect jobs and limit damage from higher US tariffs on Chinese exports. The briefing Monday by several senior...
Recently, it became apparent that two aspects of life in Jamaica have improved. Unfortunately, they didn’t make headlines or gain much applause. Why does good news slip by us? And what can thoughtful leaders learn from this blind spot? Consider:...
Last Sunday’s lead story in this newspaper’s business section was about one of the recurring risks that local farmers face. Criminals were said to be now using high-tech tools to help steal farm produce. Absent from the article were metrics about...
