Thu | Nov 14, 2019

Business

United States Federal Reserve Chairman Jerome Powell expects the United States economy to continue growing at a solid pace, though it still faces risks from slower growth overseas and trade tensions. Powell also said the Fed is likely to keep its...
Joseph Mahfood, head of Circle K Jamaica.

In five years or less, Convenient Brands, the holding company for food franchises controlled by the Mahfood family, plans to build out a number of convenience stores across the Caribbean under the Circle K brand. It’s starting in Jamaica, where two...
Cecil Foster, CEO of FosRich Company Limited.

GraceKennedy Pension Scheme is to do its first real estate development at 76 Molynes Road, Kingston, under a deal with electrical lighting company FosRich, which will lease the facility for use as a distribution centre. The pension fund plans to...

Three new candidates for the European Commission have cleared a first hurdle in their nomination process after lawmakers scrutinising possible conflicts of interest gave the go-ahead on Tuesday. The new Commission – the powerful executive arm of...

Documents released this week by a federal agency raise questions about whether a self-driving Uber SUV that ran down a pedestrian last year should have been allowed on public roads for test purposes. A National Transportation Safety Board (NTSB)...

QUESTION: I find your Gleaner columns very interesting and informative. I have a problem. About two weeks ago, I went out with some friends from work. I started drinking and one cocktail led to two and two led to three, and so on. I lost count of...

Huawei is paying its employees bonuses totalling more than US$285 million as thanks for helping the Chinese tech giant cope with United States sanctions that threaten its smartphone and other businesses. Huawei scrambled to remove US components...

Canadian crude oil is once again moving through a pipeline nearly two weeks after the line leaked an estimated 383,000 gallons (1.4 million litres) of oil in North Dakota. Calgary, Alberta-based TC Energy, formerly known as TransCanada, said in a...

Jamaica’s top banking conglomerate, NCB Financial Group, plans to enter into new markets as part of its five-year growth aspirations. The bank, which has been growing through acquisition, racked up another year of record profit for the fiscal...

NCB Insurance Company, NCBIC, is laying claim to being the oldest continuing pension fund in Jamaica, but they fall second behind the top fund manager Sagicor Life in terms of market dominance. The private pension market is valued above $600...
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