Business

Chevron has scored a critical ruling in Paris that has given it the go-ahead for a US$53-billion acquisition of Hess and access to one of the biggest oil finds of the decade. Chevron said Friday that it completed its acquisition of Hess shortly...

QUESTION: I was encouraged to purchase a few stocks, but I have no clue of the financial market. Hence, I am seeking your assistance. – Noel FINANCIAL ADVISER: Although it is a good idea to participate in the financial market, which includes...

Near signs that warn of radioactive risk at Oak Ridge National Laboratory, a half-dozen workers from the nuclear power company X-energy are making what appear to be grey billiard balls. But inside, they are packed with thousands of tiny black...

Innovative Energy Group Limited, IEG, formerly known as Ciboney, more than doubled its share capital during the quarter ended May, resulting in the public float falling below the 20 per cent minimum required by the Jamaica Stock Exchange for a...

Diagnostic imaging company Image Plus Consultants Limited, which trades as Apex Radiology, is in the process of acquiring the assets and brand of The Woman’s Place, a Kingston-based facility specialising in mammography. Image Plus is also in...

United Kingdom Treasury chief Rachel Reeves said she will cut red tape for banks and finance firms so that “informed risk-taking” can help kickstart Britain’s sluggish economy. The government is trying to regain the economic initiative after rocky...

In a filing with the Jamaica Stock Exchange, entertainment company Pulse Investments Limited said it has reassessed the usage of a key asset, the Villa Ronai property, and while residential development is still on the cards, the focus for the short...

India’s government is seeking to limit temperature settings on new air conditioners to save electricity in the country that is considered the fastest-growing market for them. The power minister proposed a rule in June requiring air conditioners...

Tesla Inc opened its first showroom in India on Tuesday, marking the electric vehicle maker’s long-anticipated début in the world’s third-biggest automotive market. Located in the Bandra-Kurla Complex, an upscale business centre in the financial...

Port operator Kingston Wharves Limited has acquired a substantial stake in port services company Cargo Handlers Limited, CHL, and has an option to purchase additional shares, but says its future plans don’t include a takeover of the Montego Bay-...

Caribbean Cement Company Limited, the maker of Carib Cement, projects a 150,000 tonne increase in output in 2026. Managing Director Jorge Martinez reported to the company’s shareholders that one month into the operation of the newly upgraded plant...