Business
Hailed as a world first, European Union artificial intelligence rules are facing a make-or-break moment as negotiators try to hammer out the final details this week – talks complicated by the sudden rise of generative AI that produces human-like...
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The record summer heat was met with empty taps for Jamaican consumers. National Water Commission, NWC, plans to embark on a series of projects over the long term to relieve drought conditions, but there may also be an ancient solution that saves...
Cargo shipping and logistics activities are on the rise and with it the demand for warehousing space. Port Authority of Jamaica President...
QUESTION: I need your advice on how to successfully start a work and travel business in Jamaica. – Ms D BUSINESSWISE: The best way to successfully start this business is to take a disciplined strategic planning approach. Remember, this is a...
The Jamaica Stock Exchange, JSE, uses several media to give investors and potential investors information on the stock market, listed companies and the economy to enable them to make informed investment decisions. The media used include...
Last week, the Jamaica Information Service, the Government’s news agency, featured the Disaster Vulnerability Reduction Project, DVRP, which is being implemented by the Jamaica Social Investment Fund. I obtained an introduction to the JSIF’s...
The world just took a big step towards compensating countries hit by deadly floods, heat, and droughts. Nearly all nations on Thursday finalised the creation of a fund to help compensate countries struggling to cope with loss and damage caused by...
With manufacturing kinks still to be worked out, Tesla delivered the first dozen or so of its futuristic Cybertruck pickups to customers Thursday, two years behind the original schedule amid uncertainty over when large-scale production will begin....
Shareholders and axed directors were left stunned as former CEO, Tyrone Wilson, staged a surprise return to the board of beleaguered technology company, iCreate. Wilson's return has been accompanied by the removal of four directors from the...
Seprod Limited plans to become a US$1-billion, revenue-generating company in about two years, which requires doubling its annual sales. The food manufacturing and distribution company, which produces brands such as Chiffon margarine, Betty...
The first of five new production lines being installed under a multibillion-dollar expansion project by beverage manufacturer and consumer products distributor Wisynco Group Limited, was commissioned into operation on Tuesday. The new sweet-...
The private equity firms seeking to acquire Digicel Group have appointed technology guru Rajeev Suri as the telecoms chairman-designate to replace founder Denis O’Brien. However, the restructuring and takeover of the debt-ridden company is still a...
Financial conglomerate Sagicor Group Jamaica Limited, operator of the leading insurance company, reported a rebound in profit and capital for the September quarter, but was subdued in its outlook on business. The group made profit of $4.5 billion...
Saudi Arabia says it will extend a cut in the amount of oil it sends to the world after a series of previous reductions by members of the OPEC+ alliance of major producing countries failed to prop up prices. The group might soon include Brazil. The...
Electric vehicles have proved far less reliable, on average, than gasolene-powered cars, trucks and SUVs, according to the latest survey by Consumer Reports, which found that EVs from the 2021 through 2023 model years encountered nearly 80 per cent...
