Business

Lumber Depot Ltd which operates a hardware store in Papine, St Andrew, made higher profit for its second quarter which signalled a rebound from earlier disruptions from Hurricane Beryl. The outlook remains cautious based on the wider challenges in...

The unemployment rate is healthy and the stock market is up, but Democrats are feeling more pessimistic about the US economy after Donald Trump’s election victory, according to a new poll. Republicans, meanwhile, are still dour about the current...

Overseas IT firm Simply Secure Group intends to acquire additional shares in tTech Limited. The move will trigger Jamaica Stock Exchange (JSE) rules and result in the delisting of the stock. “Upon delisting of the tTech shares, they will cease to...

Amazon Web Services (AWS) will invest another US$10 billion to bolster its data centre infrastructure in Ohio, USA. The company and Govenor Mike DeWine announced the plan on Monday. The new investment will boost the amount it has committed to...

Popeye can punch without permission and Tintin can roam freely starting in 2025. The two classic comic characters who first appeared in 1929 are among the intellectual properties entering the public domain in the United States on January 1. That...

Agence France-Presse, AFP, is in the news business. It is a leading global news agency, which bills itself as ‘providing fast, comprehensive, and verified coverage of the events shaping our world and of the issues affecting our daily lives’. The...

Dozens of environmental nonprofits issued a manifesto Thursday condemning new laws in Brazilian states that threaten to dismantle the Amazon soy moratorium –a landmark voluntary agreement banning trade in soybeans from recently deforested areas....

With artificial intelligence (AI) poised to reshape industries worldwide, a paradox is emerging. Despite growing demand for people with the knowledge to leverage the technology’s potential, AI-related skills remain in short supply. The scarcity of...

Jamaica’s sun-kissed beaches and vibrant culture might appear to be paradise from the outside looking in, but for many who have made this country our place to live, work and do business it’s a daily struggle to survive. That uphill battle to make...

The poor performance of General Motors’ Chinese joint ventures is forcing the company to write down assets and take a restructuring charge totalling more than US$5 billion in the fourth quarter of this year. The Detroit automaker said in a...

Living in the city offers residents greater access to commerce, but it comes with trade-offs such as higher rent, transportation costs and exposure to crime. Recognising these challenges, the Planning Institute of Jamaica, PIOJ, aims to track urban...

The European Central Bank, ECB, has cut rates by a quarter percentage point amid signs of weakening growth and concern about the impact of political chaos in France and the possibility of new US import tariffs. The bank’s rate-setting committee...