Business
A 19th-century Georgian style property with ties to the Devon House estate has entered the market, with sellers asking US$3.4 million or J$550 million for just over half an acre. The price, among the higher end of listings, is being pitched as...
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The economy officially grew faster than initial estimates in the September quarter of 2025, before the onset of Hurricane Melissa. It expanded by 5.1 per cent, according to data from the Statistical Institute of Jamaica (Statin), the final...
Reviewing your 2025 finances is an effective way to set the foundation for establishing your financial plan for 2026, for it will help you to see your successes and failures while showing the pitfalls to avoid. Done effectively, it can help you do...
Limners and Bards Limited (The LAB) reported that its annual profit to October fell by half to $40 million, but management indicated that this reflected continued investment in digital and owned content. The company expects these investments to...
Tesla lost its crown as the world’s bestselling electric vehicle maker on Friday as a customer revolt over Elon Musk’s right-wing politics, expiring US tax breaks for buyers and stiff overseas competition pushed sales down for a second year in a...
US-based Bitmine Immersion Technologies, a crypto company listed on the New York Stock Exchange which also ventured into Caribbean operations, has reported year-end holdings of US$13.2 billion, combining crypto, cash, and strategic investments,...
AIC (Barbados) Limited has formally confirmed its obligation to make principal and interest payments in January totalling US$94.09 million to bondholders, following weeks of tension and a public ultimatum issued by investors. “[We] confirm that...
The Chicago-based Hyatt Hotels Corporation this week closed its US$2-billion sale of the Playa Hotels...
Financial services firm Proven Group Limited (PGL) expects to earn US$61.7 million in revenue from the sale of its real estate units in St Ann, which would build on its half-year performance. “The group’s performance is still set to benefit from...
Jamaica’s remittance inflows, a lifeline for households across the island, fell sharply in October, registering an 8.3 per cent decline compared with the same month last year. It reflects one of the steepest declines since the start of the 2020...
Supreme Ventures (SVL) announced that discussions are under way to divest the loan portfolio of its subsidiary, Evolve Loan Co, along with select assets, to microlender Dolla Financial Services Ltd. SVL will maintain its exposure to future growth...
US-based PayPal Holdings, Inc has formally applied to set up PayPal Bank, submitting applications to both the Utah Department of Financial Institutions and the Federal Deposit Insurance Corporation (FDIC), the company stated in a release. The move...
Fewer Americans applied for unemployment benefits last week with layoffs remaining low despite a weakening labour market. US applications for jobless claims for the week ending December 27 fell by 16,000 to 199,000 from the previous week’s 215,...
Vodafone Group Plc, one of the world’s largest telecoms companies, has reached a final settlement valued at US$256 million with Vodafone Idea Limited (Vi) over liabilities dating back to their 2017 merger in India. Under the deal, Vodafone will...
Some Federal Reserve officials who supported cutting a key interest rate earlier this month could have instead backed keeping the rate unchanged, minutes released on Tuesday show, underscoring the divisions and uncertainty permeating the central...
A pro-Russian hacking group claimed responsibility for a major cyberattack that halted package deliveries by France’s national postal service just days before Christmas, prosecutors said in December. After the claim by the cybercrime group known as...
