A high-powered UN advisory body said Thursday that global governance of artificial intelligence is “imperative” and urged the United Nations to lay the foundations for the first inclusive global institutions to regulate the fast-growing technology...
Silvio Almeida’s coffee plantation sits at an ideal altitude on a Brazilian hillside, whose clay-rich soil does well at retaining moisture from rainfall and a nearby reservoir. Lately, though, water is scarce on Almeida’s modest farm in Caconde, a...
Should the authorities impose a rule that licensed firearm holders must have liability insurance? This issue exercised my mind as I read about a recent shooting incident in which a 38-year-old man, called a ‘bird bwoy’ (a relic of our colonial past...
Government scientists and artificial intelligence experts from at least nine countries and the European Union will meet in San Francisco after the United States presidential elections to coordinate on safely developing AI technology and averting...
In my previous column, I shared that the emergence of social commerce in the Western world was a new gold rush, potentially blowing billions in opportunities for entrepreneurs and businesses in the Caribbean. The feedback was overwhelming, with...
Tertiary education is one key that can very effectively open the door to a successful life marked by, among things, a good and satisfying career, a good standard of living, and the ability to contribute significantly to the needs of the less...
There is no denying that plastics have delivered tremendous benefits over the past century, driving technological innovation, transforming healthcare, and fuelling global economic growth. But as we now know, this progress has come at great cost....
A shortage of key inputs, such as scotch bonnet peppers and pimento, is hindering at least one local manufacturing company from filling export orders for its products. Albert Bailey, CEO of Spur Tree Spices Jamaica Limited, says a series of weather...
The United States Federal Reserve on Wednesday cut its benchmark interest rate by an unusually large half-point, a dramatic shift after more than two years of high rates that helped tame inflation, but also made borrowing painfully expensive for...
Some Brazilian users regained access to X on Wednesday despite a nationwide ban put in place by the country’s Supreme Court, a reunion apparently resulting from the social network changing the way its servers are accessed. But the renewed access...
Sagicor Real Estate X Fund Chairman Howard Mitchell says a new deal for commercial property in Cayman Islands, acquired for US$10 million, is the opening play in a one-year programme that will reflect an adjustment of the company’s conservative...
Bauxite-alumina producer Jamalco has reopened its Rocky Point port following repairs, restoring normal shipments in the process. The mining company’s conveyor system at the port suffered storm damage. It switched to other port arrangements while...
Revenue flows from Norman Manley International Airport, NMIA, will secure a bond of up to US$440 million to be floated on the international market by unnamed entities, utilising a special vehicle called Kingston Airport Revenue Finance Limited. A...
The Planning Institute of Jamaica, PIOJ, will oversee Jamaica’s first migration profile study since the pandemic. The country suffers from brain drain, and the study is expected to offer “recommendations on strategic ways to govern the migration...
Dominica has signed a US$41-million loan agreement with the Saudi Fund for Development for a project aimed at enhancing the capital, Roseau, and which the government said will play a major role in the future socio-economic development of the island...
Lumber Depot Limited, which trades in lumber and cement, suffered a reduction in sales for the July first quarter, amid the passage of Hurricane Beryl. The increase in hurricane-preparedness purchases of lumber to protect windows and storefronts...
Published:Thursday | September 19, 2024 | 12:08 AM
Google won a court challenge on Wednesday against a €1.49-billion (US$1.66-billion) European Union antitrust fine imposed five years ago that targeted its online advertising business. The EU’s General Court said it was throwing out the 2019...
Published:Wednesday | September 18, 2024 | 3:56 PM
The Federal Reserve of the United States on Wednesday cut its benchmark interest rate by an unusually large half-point, a dramatic shift after more than two years of high rates that helped tame inflation but also made borrowing painfully expensive...
A group of 22 financially distressed countries, including Pakistan and Ukraine, has become the largest source of net revenue to the International Monetary Fund in recent years, with payments exceeding the IMF’s operating costs. The institution...
Published:Wednesday | September 18, 2024 | 12:07 AM
The Barbados-based Caribbean Development Bank, CDB, is funding a feasibility study for the establishment of a credit facility for micro, small and medium-sized enterprises. The US$160,000 study will explore viable solutions to the recurring...
Published:Wednesday | September 18, 2024 | 12:07 AM
Venezuela’s main opposition coalition on Monday called on the United States to cancel the licences that allow Chevron and other energy companies to operate in the South American country to pressure President Nicolás Maduro into negotiating a...
Published:Wednesday | September 18, 2024 | 12:07 AM
Caribbean Flavours and Fragrances Limited, CFF, is adding a new line, ‘ingredients’, to the line-up of products it manufactures as additives. “In developing, say, a soft drink, a company may come to us and ask for ingredients such as flavourings,...
JMMB Group and partner Liberty Latin America have launched a fintech service called MYNE Lend that will rely on data mined from Flow Jamaica customers to facilitate microloans of up to $150,000. It’s to be operated by Myne Lend Jamaica Limited, a...
Published:Wednesday | September 18, 2024 | 12:06 AM
Main Event Entertainment Group Limited, MEEG, a bellwether of the entertainment sector, emerged from its July third quarter with improved profit of made $28.8 million profit and an upbeat outlook. The company’s focus on top-line and cost management...
