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Business

Published:Sunday | June 30, 2024 | 12:09 AMLuke Douglas - Senior Business Reporter

After registering big losses over the past two years, online learning company EduFocal Limited is banking on the introduction of new exam marking software, new clients and cutting more than half of its staff to turn its fortunes around. The delayed...

Published:Sunday | June 30, 2024 | 12:09 AMSteven Jackson - Senior Business Reporter

Barita Investments Limited isn’t ready yet with a date on when it plans to start developing the large property holdings it controls. “We are doing market studies and getting the market information to put forward the right inventory into the market...

Published:Sunday | June 30, 2024 | 12:08 AM

QUESTION: I’m a marketing associate working in corporate. My goal is to start my own thing, but I don’t have all the resources yet. A friend put me on to white labelling as a fast track. He said the main benefits are I can save time, need minimum...

Published:Sunday | June 30, 2024 | 12:08 AM

The United States Supreme Court on Friday upended a 40-year-old decision that made it easier for the federal government to regulate the environment, public health, workplace safety, and consumer protections, delivering a far-reaching and...

Published:Sunday | June 30, 2024 | 12:08 AM

The Center for Investigative Reporting said Thursday it has sued ChatGPT maker OpenAI and its closest business partner, Microsoft, marking a new front in the news industry’s fight against unauthorised use of its content on artificial intelligence...

Published:Sunday | June 30, 2024 | 12:07 AM

Bakery company Honey Bun (1982) Limited, having acquired the Swirls brand from its founders, is branching out into fast food, specifically, as a sandwich shop. The company has a plan for five Swirls shops in three years. It will operate as a...

Published:Sunday | June 30, 2024 | 10:56 PM

The questions that readers have put to me over the last sixteen years tell me much about why people incur personal debt, why they fail to pay, what they do to address it, how they expect lenders to respond, and the consequences of not honouring...

Published:Sunday | June 30, 2024 | 10:57 PM

“There’s no way that we can continue on this path.” Those were the words of Minister of Science, Energy, Telecommunications...

Published:Sunday | June 30, 2024 | 12:06 AM

Everyone has too many passwords. The credentials we need to remember to navigate online life keep multiplying, not just for frequently used email, banking, social media, Netflix, and Spotify logins, but also, say, the little-known e-commerce site...

Published:Friday | June 28, 2024 | 7:29 PM

The Bank of Jamaica (BOJ) expects inflation to stay within the 4.0 to 6.0 per cent target range in the forthcoming months, but says it will keep its key interest rate unchanged at 7.0 per cent, which most businesses expected. “The Monetary...

Published:Friday | June 28, 2024 | 12:12 AM

Marine park operator Dolphin Cove Limited is seeking to have a family-friendly hotel developed on a 22-acre property at its dolphin park in Hanover. Dolphin Cove Chairman and CEO Stafford Burrows says he has been scouting investors in the...

Published:Friday | June 28, 2024 | 12:12 AMLuke Douglas - Senior Business Reporter

Government entities will occupy a large chunk of the new office space that has come on the market in the capital city in the past few months, checks by the Financial Gleaner show. The 10-storey commercial building situated across from King’s House...

Published:Friday | June 28, 2024 | 12:12 AMSteven Jackson - Senior Business Reporter

Key Insurance Company Limited wants to grow its travel insurance business to offset rising costs related to its core motor segment. The company launched a travel insurance portal on its website this year, ahead of the summer Olympic Games being...

Published:Friday | June 28, 2024 | 12:11 AM

The United States Supreme Court on Thursday stripped the US Securities and Exchange Commission, SEC, of a major tool in fighting securities fraud in a decision that also could have far-reaching effects on other regulatory agencies. The justices...

Published:Friday | June 28, 2024 | 12:11 AM

Gig-economy firms and workers – or ‘giggers’ – are like magicians and alchemists, only their tricks are real. Although physicists assure us that new matter cannot be created, the gig economy conjures up new supplies of stuff, thereby making the...

Published:Friday | June 28, 2024 | 12:11 AM

A global tax on the super-rich is proposed in a new report that Brazil commissioned for its current presidency of the leading 20 rich and developing nations. Individuals with more than US$1 billion in total assets would be required to pay the...

Published:Friday | June 28, 2024 | 12:11 AM

Brazil’s Supreme Court on Tuesday voted to decriminalise possession of marijuana for personal use, making the nation one of Latin America’s last to do so, in a move that could reduce its massive prison population. With final votes cast on Tuesday,...

Published:Friday | June 28, 2024 | 12:11 AMNeville Graham - Business Reporter

Food service company Mother’s Enterprise Limited is ramping up its expansion programme through new partnerships with gas station operators, and others. After opening the doors to a new brand, Mother’s Café, at the UWI Hospital and a Mother’s...

Published:Thursday | June 27, 2024 | 4:41 PMSteven JacksonSenior Business Reporter -

The share price of West Indian Tobacco Company, which makes cigarettes for traders such as Carreras, has dipped 11 per cent since the placement of its managing director Raoul Glynn on leave this week. Shares dipped from TT$9.99 to TT$8.90 on...

Published:Thursday | June 27, 2024 | 8:37 AM

Managing director of the Trinidad-based West Indian Tobacco Company, Raoul Glynn, has been placed on administrative leave with pay, pending an internal investigation. A report in the Trinidad Guardian says the action is with effect from June 24,...

Published:Thursday | June 27, 2024 | 12:08 AM

Denmark will tax livestock farmers for the greenhouse gases emitted by their cows, sheep and pigs from 2030, the first country to do so as it targets a major source of methane emissions, one of the most potent gases contributing to global warming...

Published:Wednesday | June 26, 2024 | 12:12 AM

General Motors on Tuesday named a veteran technology executive with roots in the video game industry to steer its troubled robotaxi service Cruise as it tries to recover from a gruesome collision that triggered the suspension of its California...

Published:Wednesday | June 26, 2024 | 12:09 AM

The Biden administration is announcing new steps to increase access to affordable housing as still-high prices on groceries and other necessities and high interest rates have dramatically pushed up the cost of living in the post-pandemic years....

Published:Wednesday | June 26, 2024 | 12:08 AM

Ford is recalling more than 550,000 pickup trucks in the US because the transmissions can unexpectedly downshift to first gear no matter how fast the trucks are going. The recall covers certain F-150 pickups from the 2014 model year. Ford’s F-...

Published:Wednesday | June 26, 2024 | 12:08 AM

The Norwegian government on Tuesday signed a deal to start stockpiling grain, saying the COVID-19 pandemic, a war in Europe and climate change have made it necessary. The deal to store 30,000 tons of grain in 2024 and 2025 was signed by agriculture...

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