Thu | May 14, 2026

Business

Published:Sunday | October 6, 2024 | 12:05 AM

The high cost of tertiary education calls for good planning, patience, and funding from a variety of sources, including debt, family, scholarships, grants, bursaries, and income earned by the student. Some students find it necessary to generate...

Published:Sunday | October 6, 2024 | 12:05 AM

France’s TotalEnergies and American hydrocarbon company APA Corp plan to invest US$10 billion to extract oil off the coast of Suriname in a historic investment for the South American country, officials announced Tuesday. The first oil is expected...

Published:Sunday | October 6, 2024 | 12:05 AM

Two NASCAR teams – one of them owned by Michael Jordan – filed a federal antitrust lawsuit against the stock car series and chairman Jim France on Wednesday, claiming that the new charter system limits competition by unfairly binding teams to the...

Published:Sunday | October 6, 2024 | 12:05 AM

It doesn’t feel like Christmas in Venezuela. At least not yet. Even if the president wants it to be. Residents of Caracas, the capital, woke up Tuesday to a towering Christmas tree standing in a popular public square, weeks after President Nicolás...

Published:Sunday | October 6, 2024 | 12:05 AMNeville Graham - Business Reporter

Woodcats International Limited, a maker of wooden pallets for manufacturing and distribution companies, is looking to carve value from the scraps it once disposed of as waste. General Manager Peter Douglas says the company is utilising the...

Published:Friday | October 4, 2024 | 3:48 PM

Group Chief Executive Officer of GraceKennedy Limited, Don Wehby, has announced he is taking temporary leave from his role to focus on his health. In a message to the team at the company, Wehby said it "was a difficult decision, but I...

Published:Friday | October 4, 2024 | 12:08 AM

The massive port workers’ strike that has shut down all the major dockyards on the eastern seaboard of the United States and the Gulf Coast is highlighting a fear held by many workers: being replaced by machines. The strike entered a third day on...

Published:Friday | October 4, 2024 | 12:07 AM

Listed company iCreate, which came to market as a digital and creative operation, is repositioning as an investment holding company with a new name. Chairman and CEO Tyrone Wilson said the company is now called Kintyre Holdings Jamaica Limited, and...

Published:Friday | October 4, 2024 | 12:07 AMSteven Jackson - Senior Business Reporter

Johann Heaven will take over the leadership of investment holding company Proven when its founding head steps down in January. The CEO-designate of Proven Management Limited, PML, will be aiming to double earnings. PML is the management company for...

Published:Friday | October 4, 2024 | 12:07 AM

United Oil and Gas Plc is awaiting a licence to begin collecting samples from beneath Jamaica’s seabed, for additional data in its hunt for oil. “As we move forward, our primary focus remains on Jamaica, which we believe offers transformative...

Published:Friday | October 4, 2024 | 12:06 AMNeville Graham - Business Reporter

Investment firm Dequity Capital Management has acquired a 25 per cent stake in Pinnacle Insurance Brokers Dequity Capital CEO Kadeen Mairs said the shareholding in Pinnacle was acquired for $45 million, which, given the insurance brokerage’s $350-...

Published:Friday | October 4, 2024 | 12:06 AM

Statistical Institute of Jamaica, the premier body for economic data, is hiring a raft of analytical professionals, while it modernises the agency. A quarter of the job positions at Statin are vacant at a time where data needs are rising, the...

Published:Thursday | October 3, 2024 | 12:06 AM

Video game maker Epic Games sued Google and Samsung on Monday, accusing the tech companies of coordinating to block third-party competition in application distribution on Samsung devices. At issue is Samsung’s ‘Auto Blocker’ feature, which only...

Published:Wednesday | October 2, 2024 | 12:09 AM

Claudia Sheinbaum was sworn in Tuesday as Mexico’s first female president, riding the enthusiasm over her predecessor’s social programmes but also facing challenges that include stubbornly high levels of violence. After a smiling Sheinbaum took the...

Published:Wednesday | October 2, 2024 | 12:07 AM

MPC Caribbean Clean Energy Limited, MPCCEL, expects to cut operating costs by up to 25 per cent following the reorganisation of the group to simplify its structure. “By simplifying our organisational architecture, we are better positioned to...

Published:Wednesday | October 2, 2024 | 12:06 AM

From Maine to Texas, dockworkers at 36 ports across the eastern United States went on strike on Tuesday for the first time in decades. And the work stoppage could snarl supply chains – leading to shortages and higher prices if it stretches on for...

Published:Wednesday | October 2, 2024 | 12:06 AM

Caribbean Producers Jamaica Limited, CPJ, one of the largest suppliers of food and beverages to the hotel trade, surpassed US$150 million in annual revenue, just ahead of its takeover by AS Bryden, a subsidiary of the Seprod Group, and transition...

Published:Wednesday | October 2, 2024 | 12:06 AM

Jamaica National Group is selling its general insurance business, JN General Insurance Company Limited, to rival operator British Caribbean Insurance Company Limited, BCIC. JN General’s clients will be unaffected by the pending change, the...

Published:Wednesday | October 2, 2024 | 12:06 AM

Britain’s last coal-fired power plant closed on Monday, ending 142 years of coal-generated electricity in the nation that sparked the Industrial Revolution. The Ratcliffe-on-Soar station in central England is finishing its final shift at midnight...

Published:Wednesday | October 2, 2024 | 12:06 AMLuke Douglas/ - Senior Business Reporter

There has been no major fallout in the number of workers in the outsourcing sector in recent times, although there are ongoing resets of some of the business arrangements that gave the local sector a boost during the COVID-19 pandemic, the...

Published:Wednesday | October 2, 2024 | 12:06 AM

Around the world, we are witnessing the devastating effects of changing temperatures. Droughts, floods and sweltering heat are taking lives, eroding hard-earned socio-economic gains, and leaving countries’ future hanging in the balance. Worse,...

Published:Wednesday | October 2, 2024 | 12:06 AM

China is redoubling its first-aid for its economy, targeting banks, workers and poor families as the ruling Communist Party marks the 75th anniversary of the founding of the People’s Republic. Unconfirmed reports by the South China Morning Post...

Published:Tuesday | October 1, 2024 | 12:06 AM

DirecTV is buying Dish and Sling, a deal it has sought to complete for years while aiming to better compete against streaming services that have become dominant. DirecTV said on Monday that it will acquire Dish TV and Sling TV from its owner...

Published:Sunday | September 29, 2024 | 12:08 AM

For most people, the idea of suddenly losing everything – their home, their possessions, and even their family members and friends – is unthinkable. But, for island communities around the world, this idea is all too real. And as the effects of...

Published:Sunday | September 29, 2024 | 12:07 AM

The cost of tertiary education is high, often beyond the reach of many bright and ambitious young people. This is particularly so for those who are from rural Jamaica, generally far from where our universities are located. Nonetheless, some have...

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