Fri | May 8, 2026

Business

Published:Tuesday | March 25, 2025 | 12:08 AM

President of the United States Donald Trump said on Monday he would be placing a 25 per cent tariff on all imports from any country that buys oil or gas from Venezuela, as well as imposing new tariffs on the South American country itself. In a...

Published:Sunday | March 23, 2025 | 10:04 PM

Canadian Prime Minister Mark Carney is triggering the process for an early parliamentary election, with an expected vote on April 28. The election will take place against the backdrop of a trade war and sovereignty threats from the United States...

Published:Sunday | March 23, 2025 | 10:03 PM

A growing industry is racing to engineer a solution to global warming using the absorbent power of the oceans. Dozens of companies and academic groups are pitching the same theory: that sinking rocks, nutrients, crop waste or seaweed in the ocean...

Published:Sunday | March 23, 2025 | 10:03 PM

Lennon Tyler and her German fiancé often took road trips to Mexico when he vacationed in the United States since it was only a day’s drive from her home in Las Vegas, one of the perks of their long-distance relationship. But things went terribly...

Published:Sunday | March 23, 2025 | 10:03 PM

Climate change poses a growing threat to coastal and marine ecosystems, whose resilience is vital for global stability, economic prosperity, and the survival of all life on Earth. While urgent action is necessary to protect these ecosystems, many...

Published:Sunday | March 23, 2025 | 10:02 PM

What will be the new value of human work in a few years, and is entrepreneurship a safe bet? Picture this: The year is 2028, and the world has transformed with the quiet efficiency of the latest advancements in artificial intelligence. Financial...

Published:Sunday | March 23, 2025 | 10:01 PM

Tropical Battery Company Limited expects its offer of new shares via an additional public offering will hit the market next month. The battery distribution and solar energy company intends to utilise the full proceeds of the APO to pay down debt,...

Published:Sunday | March 23, 2025 | 10:00 PM

It is easy to believe that the high yield of a managed personal investment portfolio or a pooled investment fund means that its performance is top-notch, but it might not be so as it might not be sustainable, or it could have been achieved by...

Published:Sunday | March 23, 2025 | 9:59 PM

While the rise of artificial intelligence could revolutionise numerous sectors and unlock unprecedented economic opportunities, its energy intensity has raised serious environmental concerns. In response, tech companies promote frugal AI practices...

Published:Sunday | March 23, 2025 | 9:59 PMSteven Jackson - Senior Staff Reporter

An Israeli-led consortium plans to build a luxury resort in western Jamaica, but the Government of Jamaica’s endorsement of the investment has sparked online criticism. It comes amid Israel’s actions in Gaza, described by some as urbicide. Minister...

Published:Sunday | March 23, 2025 | 9:57 PM

Church’s Texas Chicken will be entering Jamaica’s quick-service restaurant market with its first store scheduled to open at Mall Plaza in Kingston in the third quarter of this year. The Church’s franchise is operated by Global Brands Group, a...

Published:Sunday | March 23, 2025 | 9:57 PM

The European Union on Wednesday outlined the steps that Apple must take to open up its iPhone and iPad operating systems to work better with competing technologies. It’s the first time the EU has moved to compel a technology company to comply with...

Published:Sunday | March 23, 2025 | 9:35 PM

Saudi Arabia’s state-owned oil giant Aramco reported a profit of US$106.25 billion for year 2024, down 12 per cent from the prior year as lower energy prices now squeeze the kingdom’s multi-trillion-dollar development plans. Already, Saudi’s de...

Published:Sunday | March 23, 2025 | 9:59 PM

The US stock market’s downward trend appears to be continuing, with the Dow Jones Industrial Average and the S...

Published:Sunday | March 23, 2025 | 9:59 PM

The Bank of England kept its main UK interest rate unchanged at 4.50 per cent on Thursday, even though the economy is barely growing and the nation faces more uncertainty in light of the tariff policies being enacted by the United States. The...

Published:Sunday | March 23, 2025 | 9:57 PM

Delaware is trying to protect its status as the corporate capital of the world with fast-tracked legislation amid fallout from a judge’s rejection of billionaire Elon Musk ’s landmark Tesla compensation package, although critics say the bill will...

Published:Sunday | March 23, 2025 | 9:57 PM

Attacks on property carrying the logo of Elon Musk’s electric-car company are cropping up across the United States and overseas. While no injuries have been reported, Tesla showrooms, vehicle lots, charging stations and privately owned cars have...

Published:Sunday | March 23, 2025 | 9:54 PMSteven Jackson - Senior Business Reporter

Retired investment banker Christopher Williams has joined forces with Gary Matalon and others to form a new real estate development firm that’s taking aim at the short- term rental market, with a pipeline of projects that may extend beyond Jamaica...

Published:Sunday | March 23, 2025 | 9:53 PM

In a reaction to consistent calls by the business community for commercial banks to lower their lending rates, National Commercial Bank Jamaica Limited, NCB, has responded with the launch of $1-billion facility targeted at MSMEs or micro, small and...

Published:Sunday | March 23, 2025 | 9:53 PM

Main Event Entertain-ment Group Limited reported a 27 per cent decline in net profit for the first quarter ending January 2025, falling to $73.7 million from $100.3 million, primarily due to higher expenses. “This decline resulted from higher...

Published:Sunday | March 23, 2025 | 9:53 PM

Exclusive distributor of Hyundai vehicles in Jamaica, Magna Motors, will provide all members of the Jamaica Manufacturers and Exporters Association, JMEA, with special access to commercial fleet solutions and regular vehicle options. The deal...

Published:Sunday | March 23, 2025 | 9:57 PM

The United States Federal Reserve kept its benchmark interest rate unchanged Wednesday and signalled that it still expects to cut rates twice this year, though the outlook is more uncertain. The Fed also now expects the economy to grow more slowly...

Published:Sunday | March 23, 2025 | 9:50 PM

Thousands of cocoa farmers across Indonesia are working with businesses and other organisations to protect their crops from the bitter impacts of climate change and underinvestment that have pushed cocoa prices to record levels. Cocoa trees are...

Published:Sunday | March 23, 2025 | 9:36 PM

Auditing and advisory firm PricewaterhouseCoopers has raised concerns about funding the increased tax threshold and the predicted business losses due to higher depreciation on capital items while lauding the balanced budget presented by the...

Published:Sunday | March 23, 2025 | 9:36 PM

In only two decades, China has grown to be the dominant player in shipbuilding, claiming more than half of the world’s commercial shipbuilding market while the US share has fallen to just 0.1 per cent, posing serious economic and national security...

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