Business
April 22, 2026
Petrol price hike viewed as opportunity for Knutsford Express
Cross country bus service, Knutsford Express Services Limited (KEX) argued that the rise in petrol prices due to the conflict in the Middle East could benefit its business. CEO Oliver Townsend said…
April 22, 2026
Jamaicans shift deposits to US dollars at accelerated pace in 2025
Jamaicans and local businesses moved the equivalent of J$95 billion into US dollar accounts at a pace six times faster in 2025 than the year before, amid Hurricane Melissa uncertainty, according to…
April 22, 2026
FTC staff recommends clearing Observer-Gleaner joint venture
The Fair Trading Commission’s (FTC) staff has raised no objection to a proposed joint venture to print the Jamaica Observer and The Gleaner at a central location under a jointly owned entity. The…
April 22, 2026
Confidence results mixed for first quarter 2026
Consumer and business confidence in Jamaica delivered mixed results in the first quarter of 2026. Households recovered some ground lost after Hurricane Melissa, but businesses became more cautious as…
April 22, 2026
Tim Cook will step down as Apple CEO and hand reins over to the iPhone maker’s hardware leader
Apple CEO Tim Cook is stepping down from the job that he inherited from the late Steve Jobs, ending a 15-year reign that saw the company’s market value soar by more than US$3.6 trillion during an…
April 22, 2026
TSMC profits jump 58% in March quarter on AI demand
Taiwan’s chipmaker TSMC, one of the world’s largest companies, reported a 58 per cent jump in profit on Thursday for the January-March quarter, thanks to strong demand driven by the artificial…
April 22, 2026
AI startup Anthropic commits US$100 billion to Amazon’s AWS over next 10 years
Artificial intelligence company Anthropic has agreed to commit more than US$100 billion to Amazon’s AWS cloud platform over the next 10 years to train and run its Claude chatbot. Amazon will invest…
April 22, 2026
Gas going up $4.50 on Thursday
Motorists will need more cash to buy gas come Thursday. The state-owned oil refinery, Petrojam, says on Thursday, E-10 87 will move up by $4.50 to sell for $181.13 per litre and a litre of E-10 90…
April 21, 2026
Oil jumps, stocks barely budge
Oil prices are climbing Monday following the latest rise of tensions between the United States and Iran, but the moves are more modest than they were earlier in the war. US stocks, meanwhile, are…