Published:Wednesday | February 19, 2025 | 12:11 AM
Huawei on Tuesday held a global launch for the industry’s first tri-foldable phone, which analysts said marked a symbolic victory for the Chinese tech giant amid technology curbs by the United States. But challenges over pricing, longevity, supply...
Published:Wednesday | February 19, 2025 | 12:11 AM
A judge approved an emergency plan Tuesday to keep Britain’s largest water company afloat, averting the possibility of a temporary government takeover. Thames Water, which serves 16 million customers in and around London, was seeking court approval...
Published:Wednesday | February 19, 2025 | 12:11 AM
Brazil’s government on Tuesday approved joining OPEC+, a group of major oil-exporting nations, signalling the country’s evolution into a major oil state just nine months ahead of hosting the United Nations’ annual climate summit. The National...
Published:Wednesday | February 19, 2025 | 12:10 AM
The effects of party politics on family-owned businesses, FOBs, and vice versa, represent an emerging area of research in the family business literature. There is a long history of the connection of family businesses to the political arena, some...
Published:Wednesday | February 19, 2025 | 12:10 AM
In a dramatic escalation of trade tensions, United States President Donald Trump has imposed an across-the-board 10 per cent tariff on goods from China, threatened a 25 per cent tariff on imports from Canada and Mexico, and vowed similar measures...
Published:Wednesday | February 19, 2025 | 12:10 AM
Spirit Airlines has again rejected a third takeover bid from budget rival Frontier, saying that it would focus on its own plan to emerge from bankruptcy and stabilise its finances. Like the last bid, it offers Spirit stakeholders US$400 million in...
Michael Lee-Chin remains in control of NCB Financial Group Limited, operator of Jamaica’s largest commercial bank, even as one of his companies sheds millions of shares and Cornerstone takes up a slot among the top owners. Lee-Chin is currently the...
Published:Wednesday | February 19, 2025 | 12:06 AM
Financial conglomerate JMMB Group Limited, JMMBGL, cites global uncertainty as the latest challenge. “We are in uncertain times,” said Group CEO Keith Duncan during an investor briefing on Monday, while citing the ‘tariff wars’ initiated by United...
As the complaints about the lack of parking spaces for motor vehicles in the capital city continue, the Kingston and St Andrew Municipal Corporation is inviting property owners that hold lands suitable for the purpose to partner with the KSAMC in...
Published:Wednesday | February 19, 2025 | 12:05 AM
NCB Financial Group Limited reported a profit of $5.15 billion for the October-December 2024 quarter on the back of $35.2 billion in revenue compared to $31.3 billion a year earlier. The profit achieved by the financial conglomerate, which owns...
Lawyers in Argentina filed fraud complaints against President Javier Milei in criminal court on Sunday for promoting a cryptocurrency on his social media, one of the lawyers told The Associated Press. On Friday, Milei posted on X about $LIBRA, a...
President of the United States Donald Trump on Thursday rolled out his plan to increase US tariffs to match the tax rates that other countries charge on imports, possibly triggering a broader economic confrontation with allies and rivals alike as...
Jamaica has made much progress in developing formal pension arrangements for the many people who work and must one day retire, but there are serious questions about how people will survive considering how few are covered by these arrangements. The...
The world sits on the edge of its seat, watching DeepSeek.com take a leadership role in AI large language models or LLMs. As a leader, you may have wondered: Why can’t my company perform the same trick? Could we find similar breakthrough insights?...
The Jamaica Civil Aviation Authority, JCAA, which regulates the country’s airways, plans to ease congestion in the skies by implementing new software and systems to assist air traffic controllers. The regulator intends to procure an ATFM or Air...
Toyota is developing and making electric vehicles and EV batteries in China, under a new partnership with the Shanghai government. Toyota Motor Corp also announced it will start producing batteries for EVs, hybrids and plug-ins at a new US$14...
Last weekend’s magnitude 7.6 earthquake, which the US Geological Survey said occurred at sea in an area to the south of the Cayman Islands, surprisingly, caused only a small ripple of concern among people I know. Meanwhile, some authorities abroad...
UK Prime Minister Keir Starmer recently published an ‘AI Opportunities Action Plan’ that includes a multibillion-pound government investment in the United Kingdom’s AI capacity and £14 billion (US$17.3 billion) in commitments from tech firms. The...
West Indies Petroleum Limited, WIP, has struck a deal with American oil and gas company Sunoco to distribute marine fuel in the Caribbean, using Jamaica as a base. It comes amid a reorganisation of the bunkering and petroleum distribution company,...
TotalEnergies Jamaica and Lasco Financial Services Limited have entered into an agreement that will see taxi operators and budget-conscious motorists earning discounts on petrol purchases at one of Jamaica’s largest gas station chains. The...
New portal, GK One Send, is a product of operations at GraceKennedy’s ‘digital factory’. Now, using the GK One app, customers can remit funds using their debit or credit cards. Their recipients will then be able to receive the transferred funds via...
With the ascension of Frank James at GraceKennedy Limited, the move has triggered other management changes, and the new Group CEO, who takes up office today, February 14, says more changes are coming. James vacated the position of CEO of GK Foods...
Financial conglo-merate JMMB Group Limited plans to increase the yield on two expiring preference shares, pending shareholder approval to extend their maturity dates. “The pricing of the Jamaica dollar preference share was designed to ensure that...
PORT OF SPAIN, Trinidad, CMC – The Trinidad and Tobago-owned Caribbean Airlines (CAL) recorded an operating profit of US$12.1 million last year, Finance Minister Colm Imbert has announced. Imbert, speaking at a customer appreciation event of the...
The White House fired the inspector general for the US Agency for International Development on Tuesday, American officials said, a day after his office warned that the Trump administration’s dismantling of USAID had made it all but impossible to...
