Many countries had their worst showing in more than a decade in an index released on Tuesday that serves as a barometer of public-sector corruption worldwide, from leading powers such as the United States and France to authoritarian nations such as...
A group of investors led by Elon Musk is offering about US$97.4 billion to buy the non-profit behind OpenAI, escalating a dispute with the artificial intelligence company that Musk helped found a decade ago. Musk and his own AI start-up, xAI, and a...
A crowd of 500 descended from dusty trucks on a recent morning and shuffled through a tiny gap in a border gate separating Haiti from the Dominican Republic. They were the first deportees of the day, some still clad in work clothes and others...
Tariffs imposed by the United States on steel and aluminum “will not go unanswered”, European Union chief Ursula von der Leyen vowed on Tuesday, adding that they will trigger tough countermeasures from the 27-nation bloc. It means iconic American...
Vice-President of the United States JD Vance on Tuesday warned global leaders and tech industry executives that “excessive regulation” could cripple the rapidly growing artificial intelligence industry in a rebuke to European efforts to curb AI’s...
The release of the Chinese DeepSeek-R1 large-language model, with its impressive capabilities and low development cost, shocked financial markets and led to claims of a “Sputnik moment” in artificial intelligence. But a powerful, innovative Chinese...
Medical imaging company Image Plus Consultants Limited, IPCL, was looking towards reaping a return on investment in new machines installed recently. But according to CEO Kisha Anderson, increased costs and machine downtime have combined to shave...
Citrus fruits are fetching record prices in Jamaica due to a severe shortage locally and across the globe, caused by both disease and climate events. A 90-pound field box of oranges costs about $15,000, which is up from about $800 about 15 years...
Project STAR reported the halving of major crimes in communities in which it intervened, according to its first-quarter report for the period ending August 2024. It also provided 100 residents with job opportunities over three months. “STAR...
Apple disclosed that its iPhone sales dipped slightly during the past quarter, signalling a sluggish start to the trendsetting company’s effort to catch up to the rest of Big Tech in the race to bring artificial intelligence to the masses. The...
The Insurance Council of New Zealand, ICNZ, welcomed the New Zealand government’s recent commitment to introduce legislation in parliament in 2025 on a climate adaptation framework. A climate adaptation framework is a structured approach to help...
Elon Musk’s lawyers faced off with OpenAI in court last Tuesday as a federal judge weighed the billionaire’s request for a court order that would block the ChatGPT maker from converting itself to a for-profit company. US District Judge Yvonne...
Nine months ahead of this year’s annual United Nations climate summit, known as COP30, lodging prices in the Brazilian host city of Belem are turning heads – and may soon turn off would-be attendees from the first such meeting in the Amazon...
Traditional retirement, marked by people leaving the workforce permanently to relax and enjoy the fruits of their labour after working for many years, is itself retiring as people live longer, work longer, and must make their money last longer...
It has only been 20 days since Donald Trump’s inauguration as the 47th president of the United States of America, and the global turbulence is more violent than even the pundits had predicted. In December, I warned Jamaicans to brace for impact...
American President Donald Trump’s threats to raise tariffs on imports from Canada, China, and Mexico have the world bracing for major trade disruptions. While protectionism has come back into vogue, and countries like the United States are...
Innovative Energy Group Limited, IEG, formerly known as Ciboney Group, has made a profit following the acquisition of IEC Limited. IEG acquired Ciboney as a shell company in mid-2023, via purchase of the 72 per cent shareholdings in the former...
Dubai International Airport, the world’s busiest for international travel, saw a record 92.3 million passengers pass through its terminals in 2024, airport officials announced. The result cements Dubai’s bounce-back from the coronavirus pandemic,...
Two associations representing small businesses in Jamaica have welcomed the move to amend the laws governing the use of personal property to acquire loans and hope the change will make it easier for their members to do business. Minister of...
As soon as the sun glints over miles of border fence dividing the United States and Mexico, the engines of cargo trucks packed with auto and computer parts roar to life along border bridges and bleary-eyed workers file into factories to assemble a...
Doorstep Jamaica, the food delivery app formerly called Cutdiline, has sold a stake in the business to a fund whose minority owner includes Afrobeats artiste Burna Boy. The size of the acquisition was not disclosed, nor the price paid for the...
JN Financial Group Limited is offloading assets amid its third straight year of losses. The group, known as the largest mortgage lender in Jamaica, sold the bulk of JN Bank UK last September for a loss. It also struck a deal last year to sell JN...
Guna Muppuri, CEO of Indies Pharma Jamaica Limited, says the pharmaceutical company will be concentrating growth efforts outside of its home market this year. This as Muppuri continues to inveigh against the relatively slow pace of approvals for...
Once again, the idea of negative interest rates has made headlines, following the Swiss National Bank’s decision in December to cut its policy rate to a mere 0.5 per cent. When this issue came up in the past, commentators decried negative nominal...
Japanese technology giant SoftBank Group and OpenAI stepped up their AI partnership Monday, setting up a 50-50 held company called SB OpenAI Japan. SoftBank Chief Masayoshi Son and OpenAI Chief Sam Altman appeared at an event in Tokyo, talking up...
