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Business

Published:Sunday | April 6, 2025 | 12:12 AM

China hit back with a stiff import tax on American goods as countries and industries around the world weighed their responses to United States President Donald Trump’s latest tariff hikes that are roiling global trade and world markets. China on...

Published:Sunday | April 6, 2025 | 12:12 AMMark Blyth - Guest Columnist

With the Trump administration imposing “insane” tariffs on the rest of the world, many commentators are worried about the problem of “sane-washing”: imputing cogent rationales to policies that have none. Such naive punditry, they argue, distracts...

Published:Sunday | April 6, 2025 | 12:10 AM

With the promise of newer, cheaper nuclear power on the horizon, US states are vying to position themselves to build and supply the industry’s next generation as policymakers consider expanding subsidies and paving over regulatory obstacles....

Published:Sunday | April 6, 2025 | 12:10 AM

The owners of what was once Pennsylvania’s biggest coal-fired power plant said on Wednesday that they will turn it into a US$10-billion natural gas-powered data centre campus designed to capitali3e on the fast-growing energy demands of Big Tech...

Published:Sunday | April 6, 2025 | 12:07 AM

US President Donald Trump said on Friday he is signing an executive order to keep TikTok running in the United States for another 75 days to give his administration more time to broker a deal to bring the social media platform under American...

Published:Sunday | April 6, 2025 | 12:07 AM

If you have ever bought a pair of jeans from an American brand like Levi’s or Wrangler, chances are they were manufactured at a factory in the small southern African nation of Lesotho. Textile manufacturing is one of Lesotho’s key industries,...

Published:Monday | April 7, 2025 | 3:16 PM

There seems to be a significant misconception as it relates to the purchase of an asset versus that of a business. However, it is highly imperative that one appreciates the difference whenever executing transactions. The IFRS, or International...

Published:Sunday | April 6, 2025 | 12:07 AM

Investors who see themselves as conservative consider bonds to be the ideal securities, but investors who have a greater appetite for risk also find them useful in building balanced portfolios. Although not risk-free, bonds appeal to investors who...

Published:Sunday | April 6, 2025 | 12:07 AM

The United States Supreme Court on Wednesday ruled for the Food and Drug Administration in its crackdown on sweet-flavoured vaping products following a surge in teen electronic cigarette use. In a unanimous decision, the high court ruled that the...

Published:Sunday | April 6, 2025 | 12:06 AMLuke Douglas - Senior Business Reporter

Despite steady growth in exports of yam over several years, stakeholders in the agricultural sector say the once humble tuber can earn even more than the US$40 million it did from exports from Jamaica in 2023. However, a shortage of workers for...

Published:Friday | April 4, 2025 | 12:09 AM

Dow, a major producer of chemicals and plastics, wants to use next-generation nuclear reactors for clean power and steam at a Texas manufacturing complex, instead of natural gas. Dow’s subsidiary, Long Mott Energy, applied Monday to the US Nuclear...

Published:Friday | April 4, 2025 | 12:09 AM

In August 1914, Europeans saw little value in the century of peace that had followed Napoleon’s defeat at Waterloo. As historian Barbara W. Tuchman recounted in her 1962 book The Guns of August, public sentiment in Berlin, Paris, London, and Vienna...

Published:Friday | April 4, 2025 | 12:09 AM

Amazon has put in a bid to purchase TikTok, a Trump administration official said on Wednesday, in an eleventh-hour pitch as a American ban on the platform is set to go into effect Saturday. The official, who was not authorised to comment publicly...

Published:Friday | April 4, 2025 | 12:09 AMNeville Graham - Business Reporter

In the nearly eighteen months since Dwaine Williams has been leading Jamaica’s largest paint manufacturer, Berger, as its top boss, the marketing and distribution specialist has been resetting the business and recolouring its bottom line. Coming...

Published:Friday | April 4, 2025 | 12:09 AM

MPC Caribbean Clean Energy Limited valued its stake in Paradise Park solar farm in Westmoreland at US$5.9 million ($930 million) through its holding company EREC Investment Limited. The company, which previously announced it would sell its stake in...

Published:Friday | April 4, 2025 | 12:09 AM

The directors of Key Insurance Company Limited have endorsed an offer from the company’s largest shareholder GraceKennedy Financial Group Limited to acquire 100 per cent of the Key’s shares. The buy up of minority holdings, if successful, would...

Published:Thursday | April 3, 2025 | 12:09 AM

Tesla sales fell 13 per cent in the first three months of the year, another sign that Elon Musk’s once high-flying electric car company is struggling to attract buyers. The double-digit drop is likely due to a combination of factors, including its...

Published:Wednesday | April 2, 2025 | 12:08 AM

The abrupt announcement rattled members of the little-known International Seabed Authority, a UN agency based in Jamaica that has protected international deep-sea waters for more than 30 years. The Metals Company in Vancouver, Canada, said late...

Published:Wednesday | April 2, 2025 | 12:08 AM

A federal judge in Florida has blocked the imports of a high-priced fish from protected waters near Antarctica, siding with US regulators who argued that they were required to block imports amid a diplomatic feud triggered by Russia’s obstruction...

Published:Wednesday | April 2, 2025 | 12:08 AMSteven Jackson/Senior Business Reporter

JN Bank UK has accumulated more than £43 million in losses over five years, according to UK Companies House filings. The bank, which launched into business in late 2020, during the advent year of the pandemic, was sold last year to Step One Money...

Published:Wednesday | April 2, 2025 | 12:06 AM

Markets around the world continue to sink on fears about America’s protectionist trade policies, and investors keep ploughing money into gold, with futures hitting another record high Monday. The latest round of US tariffs roll out today, Wednesday...

Published:Wednesday | April 2, 2025 | 12:06 AM

The Irish playwright George Bernard Shaw is often credited with saying, “I learned long ago never to wrestle with a pig”. You get dirty, and besides, the pig likes it. Such is South Africa’s dilemma in dealing with US President Donald Trump’s...

Published:Wednesday | April 2, 2025 | 12:05 AM

The Department of Cooperatives and Friendly Societies, DCFS, has recently relocated from property it occupied at 2 Musgrave Road in Kingston, adjacent to Guardian Life, which signalled it intends to develop the property at some point. The DCFS is...

Published:Wednesday | April 2, 2025 | 12:05 AMNeville Graham/Business Reporter

Jamaica’s largest poultry company, Jamaica Broilers Group Limited, racked up more than $1 billion in losses for the January third quarter, the first loss in company’s nearly seven decades of operation. JBG President and CEO Christopher Levy said...

Published:Tuesday | April 1, 2025 | 12:08 AM

US government efforts to eliminate diversity initiatives are not going down well on the European continent. Laurent Saint-Martin, France’s minister for foreign trade, said the country won’t compromise after the United States State Department...

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