The securities markets of the world, their varying stages of development notwithstanding, aided by technology and fast round-the-clock communication, offer significant scope for investors to diversify their investments and increase their total...
OpenAI is suing Elon Musk for unfair competition and interfering with its business relationships with investors and customers, escalating a legal battle between the ChatGPT maker and the billionaire who helped bankroll the artificial intelligence...
The European Union’s executive commission said on Thursday it will put trade retaliation measures on hold for 90 days to match United States President Donald Trump’s pause on his sweeping new tariffs and leave room for a negotiated solution....
The company now known as Barita Financial Group Limited, BFGL, has finalised the legal aspects of its corporate restructuring, following the approval by the Supreme Court this month. “The schemes will come into effect once the order has been filed...
The International Monetary Fund, IMF, on Tuesday said it has reached a preliminary agreement with Argentina on a US$20-billion bailout, a welcome reprieve to President Javier Milei as he seeks to overturn the country’s old economic order. As a...
Delta Air Lines, which believed as recently as January that it was on track for its best financial year in company history, said on Wednesday that disruptions in global trade have created such enormous uncertainty that it scratched its performance...
Is there any method to the trade tariff madness US President Donald Trump unleashed on April 2? No one can answer this question with confidence, because Trump is a politician who has made unpredictability part of his brand. But answer it we must,...
By year end, Jamaica’s largest wellness chain, Express Fitness, will add a new gym and expand the facilities at the crowded Constant Spring Golf Club centre, which caters to platinum clients at premium prices. Parent company for the gym chain,...
Canopy Insurance Limited, a joint venture between GraceKennedy Group and Musson Jamaica Limited, recorded a fivefold increase in profit in 2024, spurred by higher revenue. “Canopy’s revenue growth in 2024 was driven by acquiring new customers and...
Telecommunication services provider Flow Jamaica is reshaping its retail network and investing in network upgrades to protect its position in the market. It is estimated that more than a million homes in Jamaica are supplied with fixed line and...
The Private Sector Organisation of Jamaica (PSOJ) has announced former government Senator and Group Chief Executive Officer of GraceKennedy Limited, Don Wehby, as the 31st inductee into its Hall of Fame. Wehby’s induction is slated for October...
ROME (AP) — The Prada Group announced a deal Thursday to buy Italy's Versace from the US luxury group Capri Holdings under terms that value the fashion house at 1.25 billion euros ($1.4 billion). Prada said the addition of Versace's "highly...
Oil prices swung wildly on Wednesday, sinking to a four-year low in anticipation of slowing economic growth due to a burgeoning trade war, before jumping two per cent after the announcement of a 90-day pause on most of the new US tariffs. US...
The Netherlands expanded a government-run initiative on Monday allowing legal cannabis sales. While growing cannabis is still illegal, cannabis shops – known as coffeeshops – in 10 municipalities will be allowed to sell marijuana from 10 licensed...
China said Tuesday it would “fight to the end” and take countermeasures against the United States to safeguard its own interests after President of the United States Donald Trump threatened an additional 50 per cent tariff on Chinese imports. The...
Olja Ivanic looked forward to welcoming some cousins from Sweden to her Denver home in June. Ivanic and the four travellers were planning to go hiking in Colorado and then visit Los Angeles and San Francisco. But then United States President Donald...
The Caribbean Hotel and Tourism Association, CHTA, has called on the United States to consider alternative measures to imposing tariffs and port fees on Caribbean destinations, noting the “considerable mutual benefits that tourism brings to both...
Imagine that some strange man wants a picture of your child. If it were the year 1750, he might commission an artist, who would then knock on your door and ask to paint a portrait. You could say no. If it were 1850, he might hire a daguerreotypist...
Panama’s comptroller authority said Monday an audit found irregularities in the renewal of a 25-year port concession in the interoceanic canal and it would request an investigation into the authorisation of the contract to a Hong Kong company....
The Statistical Institute of Jamaica, the official authority on economic data, has confirmed that Jamaica recorded two consecutive quarters of decline. “The contraction in the economy represented the second quarterly decline for 2024,” Statin...
Jamaica’s largest facilities maintenance company Manpower Maintenance Services, MMS, has signed a manufacturing and distribution deal with listed chemicals company Paramount Trading. The agreement was signed on the sidelines of Expo Jamaica 2025 on...
Canabis company Kaya Inc sold a record US$3 million ($470 million) worth of products last year, growing sales by 28 per cent. Marijuana sales accounted for three-quarters of the revenue, with food and merchandise, such as vapes and shirts,...
Undeterred by a stock market collapse that has continued for days, United States President Donald Trump threatened additional tariffs on China on Monday, raising fresh concerns that his drive to rebalance the global economy could intensify a...
Trapped and tariffed is not just a headline nor is it a simulation: this is our current reality. With each passing day, the trap is tightening as we struggle to eke out a place in this era where self-serving hegemony is being packaged and dished...
