Business

New Fortress Energy, NFE, supplier of the gas that fuel’s most of Jamaica’s electricity generation, is seeking partners to take on its local and regional assets. The deal would see investors partnering to finance the entity with cheaper debt or...

Haiti’s international airport shut down on Monday after gangs opened fire at a commercial flight landing in Port-Au-Prince, prompting some airlines to temporarily suspend operations as the country swore in a new interim prime minister who promised...

While the world’s attention has been on the US election, the rising number of extreme weather events – from disastrous flooding in Spain to southern Africa’s worst drought in a century – highlights the need to remain focused on climate change,...

A complex international two-week-long game of climate change poker is convening. Curbing and coping with climate change’s worsening heat, floods, droughts and storms will cost trillions of dollars and poor nations just don’t have it, numerous...

Nissan reported Thursday a loss for the latest fiscal quarter as its vehicle sales sank while costs and inventory ballooned, prompting the Japanese automaker to slash 9,000 jobs. Chief Executive Makoto Uchida said he was taking a 50 per cent pay...

Omni Industries Limited, a trader in plastic products for household and industrial use as well as supplier of pipes and fittings, reported higher profit despite an economic slowdown and the impact of Hurricane Beryl. Pretax profit totalled $38...

Artificial intelligence has been discussed in this column a few times. The term was used on the premise that most readers understood what it is and recognised the profound impact that it will have in the short and long term. I now believe that my...

Cybersecurity Awareness Month was just celebrated in October, the perfect time to learn how to protect yourself from scams. “Scams have become so sophisticated now. Phishing emails, texts, spoofing caller ID, all of this technology gives scammers...

The United States Federal Reserve cut its key interest rate Thursday by a quarter point in response to the steady decline in the once-high inflation that had angered Americans and helped drive Donald Trump’s presidential election victory this week...

MPC Caribbean Clean Energy Limited , MPCCEL, announced plans to sell its shares in Paradise Park, a solar power plant based in Westmoreland, by the first quarter of 2025. The sale price was not disclosed. The company says on its website that its...

A historic agreement that’s helped curb deforestation in Brazil’s Amazon for nearly two decades suffered a major blow after Mato Grosso, the country´s largest soybean-producing state, passed a law ending incentives for participating processing and...