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Business

Published:Monday | February 17, 2025 | 9:21 AM

Google’s digital ad sales continued to grow at a healthy clip during the past holiday season, but that wasn’t enough to offset investors’ worries about whether its big bet on artificial intelligence will be lucrative as once envisioned. The October...

Published:Wednesday | February 5, 2025 | 12:09 AM

US Secretary of State Marco Rubio said late Monday that El Salvador’s president has offered to accept deportees from the United States of any nationality, including violent American criminals now imprisoned in the United States. President Nayib...

Published:Wednesday | February 5, 2025 | 12:09 AM

A start-up in Mexico is trying to help get a handle on one Gulf Coast city’s plastic waste problem by converting it into gasolene, diesel and other fuels. With less than 10 per cent of the world’s plastics being recycled, Petgas’ idea is that...

Published:Wednesday | February 5, 2025 | 12:08 AMAna Toni/Guest Columnist -

Later this year, Brazil will preside over the COP30 United Nations Climate Change Conference in Belém. It is a significant responsibility. As the world marks the tenth anniversary of the Paris climate agreement, there is a heightened sense of...

Published:Wednesday | February 5, 2025 | 12:07 AM

China announced retaliatory tariffs on select American imports and an antitrust investigation into Google on Tuesday, just minutes after a sweeping levy on Chinese products imposed by United States President Donald Trump took effect. American...

Published:Wednesday | February 5, 2025 | 12:07 AMSteven Jackson - Senior Business Reporter

Portland Private Equity won’t proceed with Portland Caribbean Fund III, which received over US$100 million in capital commitments last year, or about a third of the targeted funds. “It is now in the process of being terminated,” said Portland...

Published:Wednesday | February 5, 2025 | 12:06 AM

Ilan Goldfajn, president of the Inter-American Development Bank, IDB, says the Washington-based financial institution has been a steadfast partner for the Caribbean for over half a century. “Our consultations with Caribbean governors ahead of our...

Published:Wednesday | February 5, 2025 | 12:05 AM

Honey Bun Limited plans to finalise the new warehouse this month, which will increase production capacity at the baking company by one and a half times the current levels. “The expected completion date for the expansion is scheduled for February...

Published:Wednesday | February 5, 2025 | 12:05 AMLuke Douglas - Senior Business Reporter

When use of the marijuana plant was decriminalised in 2015, there was excitement that the cannabis industry was going to be the next big thing in Jamaica. But a decade later, the cannabis industry has not taken off as expected, and industry players...

Published:Tuesday | February 4, 2025 | 12:05 AM

No-frills, budget airlines often lead the industry in customer complaints, according to government data. So, if one were to disappear, would it be missed by travellers? That is a question United States regulators will be asking after Frontier...

Published:Monday | February 3, 2025 | 10:39 AM

Restaurant Associates Limited (RAL) has opened four new fast food restaurants in St Catherine — two Popeyes, a Burger King and a Little Caesars. This latest expansion in Angels and Spanish Town further strengthens RAL’s position as a restaurant...

Published:Monday | February 3, 2025 | 5:07 PM

Five years ago Friday, two crowds of people gathered near Britain’s Parliament – some with Union Jacks and cheers, others with European Union flags and tears. On January 31, 2020 at 11 p.m. London time – midnight at EU headquarters in Brussels –...

Published:Monday | February 3, 2025 | 5:06 PMLucrezia Reichlin - Guest Columnist

United States President Donald Trump’s aggressive trade strategy will soon face a fundamental contradiction: imposing tariffs and rejecting multilateralism in the name of protecting American jobs clash with his stated goal of maintaining the dollar...

Published:Monday | February 3, 2025 | 5:06 PM

There is a sharp contrast between holders of money who put priority on the safety of their money and those who favour high returns. The primary difference between them is the level of risk they are prepared to take. The risk averse put priority on...

Published:Monday | February 3, 2025 | 5:06 PM

Movernos seguros is a Spanish phrase. In English, it means ‘moving forward with insurance’ and refers to the policies of governments that are specifically ‘related to mandatory or compulsory vehicle insurance and road safety’. I learnt that...

Published:Monday | February 3, 2025 | 5:00 PM

You are a leader who can clearly see a brighter future for your enterprise. But paradoxically, the more excited you become, the greater the resistance. How do you lead when people around you refuse to be led? You observe the negativity. Cynicism....

Published:Monday | February 3, 2025 | 4:48 PMLuke Douglas - Senior Business Reporter

Following the launch of its prefabricated modular home in May last year, DM Equipment Limited has only sold two of the units so far – one each in Lucea, Hanover and May Pen, Clarendon. However, the company remains optimistic that Jamaicans will...

Published:Monday | February 3, 2025 | 4:46 PM

Fund managers in Jamaica still invest more than half of client funds into fixed-income securities, but that figure fell over the year, while investments in real estate and cash grew by double-digits, according to the latest statistical report from...

Published:Monday | February 3, 2025 | 4:31 PM

Investing in electric-vehicle battery production may seem like a sure thing. And at first glance, Northvolt – the Swedish EV battery developer and manufacturer that filed for bankruptcy protection in November – appeared to have all the advantages...

Published:Monday | February 3, 2025 | 4:31 PMSteven Jackson - Senior Business Reporter

Port services company Cargo Handlers Limited, CHL, cited concerns over global trade tensions but remains positive about its financial outlook. Executive Chairman Mark Hart, when asked to expand on the concerns, responded with a single word: “Trump...

Published:Monday | February 3, 2025 | 4:31 PMSteven Jackson - Senior Business Reporter

Bondholders of Specialty Coffee will meet with their trustee, JCSD Trustee Services Limited, today, Friday, to vote on issues surrounding the delayed bond payout by the Michael Lee-Chin controlled coffee investment company. Bondholders received...

Published:Monday | February 3, 2025 | 4:31 PM

Medical Disposables...

Published:Monday | February 3, 2025 | 4:31 PM

The Urban Development Corporation, UDC, is seeking a consultant to develop a plan for Dunn’s River Falls and Park in St Ann, which will evaluate usage of the 188.5-acre property over an horizon of 10 to 15 years. “The objective of this assignment...

Published:Monday | February 3, 2025 | 4:31 PMNeville Graham - Business Reporter

Energy and automotive products trader Tropical Battery Company Limited will begin selling its products through Amazon, having registered its trademarks in the United States. The trademark approvals, granted on November 19, 2024, encompasses product...

Published:Monday | February 3, 2025 | 4:31 PM

The United Kingdom government is backing the construction of a third runway at London’s Heathrow Airport, Treasury chief Rachel Reeves said on Wednesday in a speech designed to signal to the business world that the new Labour government is serious...

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