Fri | May 15, 2026

Business

Published:Friday | September 6, 2024 | 12:08 AMSteven Jackson - Senior Business Reporter

Cable...

Published:Thursday | September 5, 2024 | 12:07 AM

Elon Musk’s satellite-based internet service provider Starlink backtracked Tuesday and said it will comply with a Brazilian Supreme Court justice’s order to block the billionaire’s social media platform, X. Starlink said in a statement posted on X...

Published:Wednesday | September 4, 2024 | 7:09 PM

Motorists will pay $2.62 less for gas when they go to the pumps on Thursday. The state-owned oil refinery, Petrojam, says E-10 87 will sell for $169.52 per litre and a litre of E-10 90 will sell for $178.54. Automotive diesel oil will move...

Published:Wednesday | September 4, 2024 | 2:52 PM

The Planning Institute of Jamaica (PIOJ) has reported that the economy remained relatively flat, with an estimated growth of 0.1 per cent during the April to June 2024 quarter. The PIOJ forecasts the economy to decline in the July to September...

Published:Wednesday | September 4, 2024 | 12:08 AM

Finance Minister Dr Nigel Clarke signed an agreement on behalf of the Jamaican government that could see the completion of as many as 10 major infrastructure projects valued at US$2 billion. The memorandum of understanding signed with the...

Published:Wednesday | September 4, 2024 | 12:08 AM

To the extent that financial historians ever refer back to August 2024, I suspect it will be for the craziness of the first three days of the month, when equity prices tumbled as investors’ dumped their darling stocks and sent the VIX – Wall Street...

Published:Wednesday | September 4, 2024 | 12:06 AM

Amber Connect is now the the sole provider of vehicle-tracking services for Hawkeye, under a new partnership with the security company. “As of the 1st of September, they’ll be using Amber Connect exclusively. It is a two-way collaboration. All...

Published:Wednesday | September 4, 2024 | 12:06 AMNeville Graham/ - Business Reporter

Beverage maker and consumer goods distributor Wisynco Group Limited is already reaping gains from its big investment in expanding its operations. Wisynco has now commissioned two major components of its expansion programme which was originally...

Published:Wednesday | September 4, 2024 | 12:06 AM

Climate change is stressing rainforests where the highly sensitive cocoa bean grows, but chocolate lovers need not despair, say companies that are researching other ways to grow cocoa or develop cocoa substitutes. Scientists and entrepreneurs are...

Published:Wednesday | September 4, 2024 | 12:06 AM

Imagine a customer-service centre that speaks your language, no matter what it is. Alorica, a company in Irvine, California, that runs customer-service centres around the world, has introduced an artificial intelligence translation tool that lets...

Published:Wednesday | September 4, 2024 | 12:05 AM

Chris Blackwell, the music mogul-turned-investor, has placed two properties on the market – Strawberry Hill Hotel in the Blue Mountains and The Caves Hotel in Negril. The properties are being sold for nearly US$36 million, according to...

Published:Wednesday | September 4, 2024 | 12:05 AM

Coming off a bad second quarter in which its cash holdings were pressured amid falling revenue and heavy losses, Chairman and CEO of Consolidated Bakeries (Jamaica) Limited, Anthony Chang, says the company is in the process of applying fixes to...

Published:Tuesday | September 3, 2024 | 12:07 AM

More than 10,000 workers at 25 hotels in the United States were on strike on Monday after choosing Labor Day weekend to amplify their demands for higher pay, fairer workloads and the reversal of COVID-era cuts. The UNITE HERE union, which...

Published:Sunday | September 1, 2024 | 12:08 AM

An inflation measure closely tracked by the US Federal Reserve remained low last month, extending a trend of cooling price increases that clears the way for the Fed to start cutting its key interest rate next month for the first time in 4½ years....

Published:Sunday | September 1, 2024 | 12:08 AM

Despite committing to nationally determined contributions, or NDCs, in the 2015 Paris climate agreement to limit global warming, countries have struggled to meet their emissions-reduction targets. This is particularly true for developing countries...

Published:Sunday | September 1, 2024 | 12:07 AMLuke Douglas - Senior Business Reporter

The sale of texts for tertiary education, as well as inspirational books, including Bibles, have plummeted by about 70 per cent over the last few years because of their availability online, according to the head of one of the largest booksellers in...

Published:Sunday | September 1, 2024 | 12:07 AM

There are many considerations to be made when making an estate plan that will prove effective in fulfilling the purposes of the person who makes it. Matters such as cost, convenience, your needs and the needs of beneficiaries, the ability of...

Published:Sunday | September 1, 2024 | 12:06 AM

You occupy a leadership role in a government MDA, that is, a ministry, department or agency. As a top public servant, you are deeply committed to strategic plans which make a big difference. But as you look to accomplish a meaningful contribution,...

Published:Sunday | September 1, 2024 | 12:06 AM

Buoyed by the enthusiastic response to its introduction of immersive 4DX technology, cinema company Palace Amusement is bullish on business, despite a general fall-off in movie-goers. The company is yet to recover fully from the pandemic, and it...

Published:Sunday | September 1, 2024 | 12:06 AM

Julie Thurgood-Burnett had no idea that her COVID-19 lockdown whim of starting a lavender patch on her husband’s family farm outside Toronto would turn into a small business. She had never been a farmer, but before long she had a bright purple...

Published:Friday | August 30, 2024 | 12:10 AM

The United States economy grew last quarter at a healthy three per cent annual pace, fuelled by strong consumer spending and business investment, the government said Thursday in an upgrade of its initial assessment. The US Commerce Department had...

Published:Friday | August 30, 2024 | 12:10 AM

Innovative Energy Group Limited, IEG, formerly known as Ciboney Group Limited, has acquired a related company for US$17.7 million ($2.8 billion). The agreement with the owners of Innovative Energy Company DBA IEC SPEI Limited, IECL, to purchase 100...

Published:Friday | August 30, 2024 | 12:09 AM

Chinese overcapacity is raising concerns worldwide. It is easy to see why: China accounts for nearly one-third of the world’s manufacturing value-added, and one-fifth of global manufacturing exports. But there is good reason to believe that the...

Published:Friday | August 30, 2024 | 12:09 AM

After a string of negative quarters that have dogged Medical Disposables...

Published:Friday | August 30, 2024 | 12:09 AM

In an update on the pipeline for new hotels, the Government of Jamaica, GOJ, disclosed in foreign market filings that there are US$2.5 billion worth of projects to be executed over the medium term, but at least of them might fall off the list. The...

Pages

Subscribe to Business