Business

July 12, 2026

Volkswagen sales plunge as German automaker lays out plan to slash number of brands

Volkswagen reported weak sales numbers on Friday, a day after the giant German automaker announced plans to slash the number of models by nearly half as sales plunged, particularly in China. The…
July 12, 2026

Global oil demand dropping, but US drivers keep buying more gas

Global oil demand is set to decline this year for the first time since the height of the COVID-19 pandemic in 2020, according to a report from the International Energy Agency. The drop, which the…
July 12, 2026

Apple files lawsuit accusing ChatGPT maker OpenAI of stealing trade secrets

Apple on Friday accused OpenAI of stealing trade secrets as it seeks to build its own hardware for ChatGPT, a major rupture in a partnership between the iPhone maker and the artificial intelligence…
July 14, 2026 by Luke Douglas

Montego Bay sports complex banks on daily wellness, pickleball revenue

The developers behind the Montego Bay sports complex being rebuilt at Catherine Hall say the facility will operate as a daily health and wellness destination rather than a match-day venue, a model…
July 10, 2026 by Luke Douglas

JP Farms: Banana, pineapple production return but more time needed for plantain

JP Farms has nearly recovered from two years of hurricane damage, with pineapples back to full production and bananas at roughly 90 per cent of pre-storm output. The St Mary-based company, which runs…
July 10, 2026 by Neville Graham

CAC 2000 breaks profit drought

CAC 2000 Ltd has returned to profitability for the first time in four quarters, delivering a modest second-quarter profit as management intensifies efforts to collect outstanding receivables, manage…
July 10, 2026 by Carolyn Guniss

Slow claims in spotlight as FSC reviews ‘average clause’ after Hurricane Melissa

Many policyholders still await settlement of their insurance claims more than eight months after Hurricane Melissa battered the island, prompting the Financial Services Commission (FSC) to…
July 10, 2026

Prepare workforce for jobs that do not yet exist, says PSOJ president

The Private Sector Organisation of Jamaica (PSOJ) wants greater focus on training the workforce in artificial intelligence (AI) and other technical fields to future-proof the country’s labour force…
July 10, 2026

Cedric E. Stephens | Promoting resilience in an age of climate risk – if the regulator can keep up

Today’s comments should be read and interpreted in the context of Christopher Burgess, PhD, civil engineer, land developer, climate change scientist, and managing director of CEAC Solutions, who…