Business

Negotiators working on a treaty to address the global crisis of plastic pollution for a week in South Korea won’t reach an agreement and plan to resume the talks next year. They are at an impasse over whether the treaty should reduce the total...

Is it all over for Basel 3.1, or what is known in the United States as the ‘Basel Endgame’? Should we kiss goodbye to the Basel Committee and the very idea of global banking-supervision accords that establish minimum capital requirements? Many...

What does the Government of Jamaica’s Fiscal Policy Paper for 2024/25 and a big private sector financial group’s consolidated audited financial statements for the period ending March 31, 2024, have in common? Answer: they spend many pages...

Several states in Brazil are trying to rid themselves of rainforest protections, bowing to pressure from cattle ranchers and soybean growers to cut down trees and expand agriculture. Their efforts run counter to those of President Luiz Inácio Lula...

Two years behind schedule, in 2022 the world’s developed countries finally fulfilled their 2009 pledge to mobilise US$100 billion annually to support developing countries’ climate efforts. But now it is time to look beyond this milestone. The clean...

Walmart’s sweeping rollback of its diversity policies is the strongest indication yet of a profound shift taking hold at companies in the United States that are re-evaluating the legal and political risks associated with bold programmes to bolster...

On his way out the door at Proven, investment banker and entrepreneur Christopher Williams has found a new challenge. He has set up a new company called Spark FDI Limited, which will operate as a private-sector promotion agency aimed at driving...

Two of London’s most famous markets – one selling fish, the other meat – are set to close in the coming years, bringing an end to traditions stretching back to medieval times. On Wednesday, the City of London Corporation, the governing body in the...

The Bank of Jamaica, BOJ, has earmarked $420 million for the design of a new office tower at its Nethersole Place base in Kingston. The identity of the consultant selected for the job is yet to be disclosed. “The consultant that we have secured,...

A last round of negotiations on a legally binding treaty to address the global scourge of plastic pollution has opened in Busan, South Korea, where negotiators gathered on Monday in a final push towards an agreement. National delegations still have...

Barita Investments Limited’s appetite for raising capital continues to grow, enticed by the lowering of interest rates. “What is also appealing about potentially going back to the market for debt is that it gives us the opportunity to diversify...

Amazon has introduced a handful of robots in its warehouses that the e-commerce giant says will improve efficiency and reduce employee injuries. Two robotic arms named Robin and Cardinal can lift packages that weigh up to 50 pounds. A third, called...