Fontana Limited has announced it has signed an agreement to acquire the Monarch chain of pharmacies from Gerk Limited. In a media release on Thursday, Fontana said due diligence on the agreement is to begin shortly and that the move could...
Netflix added nearly 19 million subscribers during the holiday-season quarter to help propel its earnings beyond analysts’ projections, capping the video-streaming service’s best year yet, in a sign that its expansion into live programming is...
President of the United States Donald Trump signed an executive order on Monday to keep TikTok operating for 75 days, a relief to the social media platform’s users even as national security questions persist. TikTok’s China-based parent ByteDance...
Women in family-owned businesses, FOBs, continue to form part of the debate and intrigue in the family business literature. Not everyone is interested in this debate and believe that the continuation of this debate has helped to detract from...
President of the United States Donald Trump’s insistence Monday that he wants to have the Panama Canal back under US control fed nationalist sentiment and worry in Panama, home to the critical trade route and a country familiar with US military...
Barita cleared another hurdle on Monday when it when it got shareholder approval for a new scheme of arrangement that will see its reorganisation and formation into a financial holding company to be known as Barita Financial Group Limited, a new...
Sugar producer Worthy Park Estate Limited is projecting output of more than 250,000 tonnes of cane from its own fields and contracted farmers for the 2025 crop year, the fruit of its continuing investments in the new acreage and production. In just...
InterEnergy Group has cemented itself as Jamaica’s largest independent power supplier with the acquisition of the local wind farm operation of BMR Energy. InterEnergy’s subsidiaries and affiliates increased their power supply to Jamaica from one-...
One on One Educational Services Limited, provider of online classes for 250 schools, has slashed its accumulated deficit after a turnaround in profit. That’s quite a “milestone”, Chairman Michael Bernard said. The company reported three consecutive...
Billionaires’ wealth grew three times faster in 2024 than the year before, a top anti-poverty group reported on Monday as some of the world’s political and financial elite prepared for an annual gathering in Davos, Switzerland. Oxfam International...
There is a buzz about intergenerational wealth, but it is not new. What is new is the increase in the types and value of assets that people own accompanied by increased knowledge about asset accumulation and distribution. What should be of...
Your company has a comprehensive strategic plan. Its creators feel proud of its breadth. But should you narrow its focus? See why this idea may save it from failure. Somewhere in your email inbox there’s a very long strategic plan. You haven’t...
Advertising company Visual Vibe has struck a screen-sharing agreement with events company NGAP Limited, giving both joint-venture partners greater presence in the outdoor advertising space. Visual Vibe recently upgraded its screens at Half-Way Tree...
A major private player in the medical imaging space remains optimistic that the pending addition of 16 new medical imaging devices across public facilities won’t significantly impact earnings. That’s because facilities are still not meeting local...
The dairy sector is aiming to double the output of milk from Jamaica in the next three to five years, with at two of Jamaica’s large dairy producers at the forefront of the drive. Serge Island Farms in St Thomas and Trade Winds Citrus in St...
The United States Supreme Court on Friday unanimously upheld the federal law banning TikTok beginning Sunday unless it’s sold by its China-based parent company, holding that the risk to national security posed by its ties to China overcomes...
ADVISORY COLUMN: INSURANCE Climate change, the condition of the island’s roads, government’s strategic priorities and legislative agenda, its response to citizens’ road complaints and small and medium enterprises were among the main points of last...
When he was still a boy making long, tedious trips between his school and his woodsy home in the mountains during the 1980s, JoeBen Bevirt began fantasising about flying cars that could whisk him to his destination in a matter of minutes. As CEO of...
Swings in the bond market recently sent the yield on the 10-year US Treasury above 4.8 per cent and its highest level since 2023. That’s injected nervousness into the US stock market and knocked indexes off their records. The bond market’s moves...
In one month, Frank James will take over as Group CEO of GraceKennedy Limited, while Don Wehby heads into retirement. James, who currently heads up the food and financial serves conglomerate’s domestic food operations, promised continuity at the...
The newly promoted CEO of Derrimon Trading Company Limited, Ian Kelly, says he will be using 2021 as a base year for taking the company forward. The year 2021 was the time when revenues shot up 39 per cent to $17.74 billion and profit increased 44...
After languishing for decades, another effort is being made to bring back the dairy sector to its former glory, when Jamaica produced three times more milk. Industry players cite climate change and the need to import better breeds of dairy cattle...
One question that 2025 may begin to answer is whether the BRICS – Brazil, Russia, India, China, South Africa – is becoming the new centre of power in world politics. Now that the group has added new members – namely Egypt, Ethiopia, Iran and the...
Federal officials on Wednesday released a far-reaching proposal to make cigarettes far less addictive by capping their nicotine content, a goal long sought by anti-smoking advocates that is unlikely to go into effect anytime soon. The proposed rule...
This year’s annual meeting of the World Economic Forum in Davos, where participants will address the theme of ‘Collaboration for the Intelligent Age’, comes at a critical juncture for the planet. Ecosystems are straining under the pressure of...
