Scotia Group Jamaica Limited, SGJ, operator of Jamaica’s second largest bank, said on Monday that the handling of US cash was costly, resulting in the partial pass-through of the expense to customers in the form of foreign exchange spreads. “The...
Published:Wednesday | September 11, 2024 | 12:06 AM
A powerful drought in the Amazon rainforest led on Monday to the lowest water levels on the Paraguay River in more than a century, disrupting commerce on the major waterway, creating hazards for local transport and offering a grim warning for other...
Published:Wednesday | September 11, 2024 | 12:06 AM
One month after a judge declared Google’s search engine an illegal monopoly, the tech giant faces another antitrust lawsuit that threatens to break up the company, this time over its advertising technology. The United States Justice Department,...
Published:Wednesday | September 11, 2024 | 12:06 AM
Apple on Monday charged into the artificial intelligence craze with a new iPhone line-up that marks the company’s latest attempt to latch onto a technology trend and transform it into a cultural phenomenon. The four different iPhone 16 models will...
Drug company Indies Pharma Jamaica Limited is looking to double next year’s revenues, following approval of its abbreviated new drug application, referred to as ANDA or, more simply, generic drug, by the Food and Drug Administration of the United...
The Ministry of Agriculture is taking steps to prevent the illegal importation of pork products into the island, although there has been no confirmation that the popular meat has been coming into the country without a permit. Agriculture Minister...
Devices powered by lithium-ion batteries are overheating more often during airline flights and passengers often put them in checked bags that go into the cargo hold, where a fire might not be detected as quickly. Overheating incidents rose 28 per...
Scotia Group Jamaica (SGJ) plans to offer Apple Pay and Samsung Pay by next year, as part of plans to widen digital wallet acceptance. However, there is still no word on the largest legacy provider Paypal. The bank staff are testing the service...
T he Gleaner’s lead story last Monday, ‘John’s Hall Flood Leaves Residents Suffering Loss’, with photos of debris-filled streets, aroused my interest. Paragraph 16 of the 17-paragraph article summarised its key points in the words of one resident...
Hiring by America’s employers picked up a bit in August from July’s tepid pace, and the unemployment rate dipped for the first time since March in a sign that the job market may be cooling but remains sturdy. Employers added a modest 142,000 jobs...
As billionaire Elon Musk’s clash with a Brazilian Supreme Court justice came to a head last week, there were legal twists, insults, ultimatums, defiance and then, finally, capitulation. When the digital dust settled, X had become an ex. Musk’s...
Following President Joe Biden’s withdrawal from the 2024 United States presidential race and Vice President Kamala Harris’s ascension to the top of the Democratic ticket, a crucial question emerges: How would Harris’s foreign policy depart from...
People wanting a better life often turn to migration – legal or illegal. This has created problems for the target countries. Consequently, the United States has a problem at its southern border, and Britain has one brought on by people crossing the...
What is the best way for entrepreneurs and small businesses to sell more in 2025? The answer may be to invest heavily in social media to drive social commerce, which has taken hold across Asia and appears to be the new frontier in the Western world...
Improving education levels of Jamaica’s workforce is key to the country attracting some types of investment possible under large public-private partnership agreements, called PPPs, which can lead to rapid economic growth. This is the view of...
Grocery aisle deals and an emphasis on affordable but stylish clothes helped Target reverse a year-long sales slump, while Macy’s reported another quarterly decline and said sales for the fiscal year will be weaker than expected due to a “more...
AFLOAT THE SAN JOAQUIN RIVER (AP): Grant Jeide looked like another dude riding the rollicking waves left in the wake of a 23-foot (7-meter) boat ripping through the water at speeds of up to 40 miles per hour on a river in Northern California’s...
With six years to go to meet its time line, Jamaica has achieved 60 per cent of its goal towards developed-world status under its Vision 2030: National Development Plan. The likelihood of fully achieving its objective by 2030 remains slim,...
eMobility company, Evergo, is dialling back on its plans for the deployment of up to 300 EV chargers across Jamaica. CEO Wayne McKenzie said three critical factors related to power distribution, grid infrastructure and tariffs are standing in the...
The City and Guilds Institute is offering a fully subsidised diploma in engineering to secondary-level students as one of its Skills Proficiency Awards, through a contract with the Ministry of Education and Youth. A 10-year contract was signed in...
The closure of some remittance stores during the passage of Hurricane Beryl was blamed for the slowdown of inflows in July, according to new data released by the central bank. Remittance inflows fell in July by nearly 5.0 per cent to US$289 million...
How do you know if an artificial intelligence system is so powerful that it poses a security danger and shouldn’t be unleashed without careful oversight? For regulators trying to put guardrails on AI, it’s mostly about the arithmetic. Specifically...
CAIRO, Egypt, CMC – The African Export-Import Bank (Afreximbank) on Wednesday announced that it is donating more than half a million US dollars to aid disaster relief and rebuilding efforts across Caribbean countries hard hit by the passage of...
Verizon is buying Frontier Communications in a $20-billion deal to strengthen its fiber network. Verizon Communications Inc said on Thursday that the acquisition will also shore up its foray into artificial intelligence, as well as connected smart...
Progressive Grocers of Jamaica has applied to build two commercial centres in Kingston and St James, according to the latest government filings. The group applied for and received two separate environmental planning approvals for the “construction...
