You love a national sport. Nothing inspires you more than seeing the Jamaican or West Indian flag flying high over a global stage. But you also realise that in football and cricket, we have fallen. Does it have something to do with long-term...
The indictment of former Brazilian President Jair Bolsonaro for money laundering and criminal association in connection with undeclared diamonds from Saudi Arabia marked the far-right leader’s second formal accusation with more potentially in store...
Industrial policy is back in vogue. After decades of eschewing the use of market-shaping policy tools like tariffs and subsidies, many Western governments have embraced them, spurred by the COVID-19 pandemic, which exposed vulnerabilities in global...
Commercial bank loans and advances to individuals and households resident in Jamaica for non-business purposes, commercial bank credit card receivables or outstanding balances, and credit union consumer loans show that Jamaicans have a healthy...
Venezuela’s self-described socialist government is facing a serious electoral challenge in a presidential election for the first time in decades. President Nicolás Maduro, now in his 11th year in office, is being challenged by former diplomat...
Kingston Wharves Limited, KWL, and Norman Manley International Airport, two of the prime ports that handle cargo, were getting back to normal on Friday, following the passage of Hurricane Beryl. That said, Kingston Wharves already started...
Seprod Group, a large manufacturer and distributor of food items, was back in operation on Thursday, having withstood the wrath of Hurricane Beryl with minimal disruption due to the precautionary steps taken by the company’s business continuity...
Customers seeking car or home valuations are often limited to choosing from a pre-approved list of valuators provided by insurance firms or banks. The Fair Trading Commission, FTC, believes this restriction reduces consumer choice and stifles...
Despite the rapid proliferation of artificial intelligence chatbots and virtual assistants, finding an answer to a question that a company’s software is not programmed to address can be frustrating. Searching through countless options on price-...
China has requested far more patents than any other country when it comes to generative artificial intelligence, the United Nations intellectual property agency said Wednesday, with the United States a distant second. The technology, which offers...
The European Union is imposing sharply higher customs duties on electric vehicles imported from China. EVs are the latest flash point in a broader trade dispute over Chinese government subsidies and Beijing’s burgeoning exports of green technology...
MFS Capital Partners Limited, now in the process of repositioning as a money services company, has set a goal of hitting $1 billion in annual revenue within two years. MFS Capital CEO Dino Hinds also said the company wants around a fifth of its top...
The United Nations General Assembly adopted a Chinese-sponsored resolution with support of the United States urging wealthy developed nations to close the widening gap with poorer developing countries and ensure that they have equal opportunities...
Brazil’s national data protection authority determined on Tuesday that Meta, the parent company of Instagram and Facebook, cannot use data originating in the country to train its artificial intelligence. Meta’s updated privacy policy enables the...
There will be no trading in on the Jamaica Stock Exchange today, July 3, due to the pending hurricane. The intention is to stay closed for a day during the passage of Hurricane Beryl but reopen on Thursday, unless otherwise advised. The one-day...
The Jamaica Stock Exchange, JSE, suspended two more stocks on Tuesday over the late filing of the December 2023 year-end audited accounts. The suspended stocks are tech distributor and Xerox agent Productive Business Solutions Limited, PBS, and...
In late May, Dominican President Luis Abinader was re-elected with 58 per cent of the vote, securing the majority needed to forgo a second round of voting. In addition to Abinader’s resounding victory, his Modern Revolutionary Party retained its...
The World Bank Group has announced the appointment of Diletta Doretti as its first resident representative for Guyana, effective July 1. In a statement, the World Bank said that the appointment seeks to unify country-level leadership across the...
Jamaica’s removal from the grey list of the Financial Action Task Force, FATF, will make the country more favourable for international investment, and could lead to financing of projects at better interest rates. This is the view of the Private...
Businessman Elias ‘Lee’ Issa wants to sell the dealership for the Ellesco electric bike brand, which he brought to Jamaica in 2021. “Thriving opportunity to buy ebike and warehouse equipment business,” read a notice from Ellesco published in The...
Surveys of Chinese factory managers showed a mixed outlook for the world’s second-largest economy in June, with growth steady but not picking up much steam. The China Federation of Logistics and Purchasing’s official purchasing managers index, or...
FirstCare Medical Plan, a company that facilitates discounts from a range of healthcare providers across Jamaica, is expanding its services to include spas and some restaurants. Launched in September 2022 with five providers in Kingston, FirstCare...
Much of the reporting earlier this month about the “non-renewal” of a decades-old “petrodollar agreement” between Saudi Arabia and the United States was riddled with inaccuracies and half-truths. Some outlets even went so far as to allege that...
Federal prosecutors and victims’ families are waiting for Boeing to decide whether to accept a plea deal that would settle a criminal fraud charge accusing the aerospace giant of misleading regulators who approved the 737 Max jetliner before two of...
European Union regulators accused social media company Meta Platforms on Monday of breaching the bloc’s new digital competition rulebook by forcing Facebook and Instagram users to choose between seeing ads or paying to avoid them. Meta began...
