Business

May 31, 2026

Cedric Stephens | Jamaica's traffic crisis is a national risk event
Jamaica is not just dealing with traffic congestion — we are confronting a growing national risk exposure. Every morning and evening, the country bleeds time, productivity, and money as thousands of…
Business
May 31, 2026

SpaceX's Starship rockets are grounded pending investigation after test flight
SpaceX Starship launches are on hold pending an investigation into last week's test flight. The Federal Aviation Administration (FAA) announced on Wednesday that the hour-long space flight…
Business
May 31, 2026

Introducing Argus, a robot with 20 legs and eyes built to move and see in any direction instantly 
A robot being developed at Duke University is almost ready to face the world, in any direction. Instead of trying to copy symmetrical shapes from nature by building robots that look like people, dogs…
May 29, 2026

Flow Jamaica revenue slips to US$103m as Hurricane Melissa weighs on subscribers
The telecoms provider Flow Jamaica posted revenue of US$103.2 million for the first quarter of 2026, or 2.0 per cent lower than a year earlier.  It comes as the lingering effects of Hurricane Melissa…
May 29, 2026

First Rock targets US$28 million in deals as company returns to profit
First Rock Real Estate Investments Limited is in negotiations to acquire income-generating commercial properties in Costa Rica and Martinique with a combined estimated value of about US$28 million,…
May 29, 2026

Butterfield to acquire CIBC Caribbean in US$1.8-billion deal
The Bank of N.T. Butterfield & Son Limited has agreed to buy the CIBC Caribbean Bank Limited, creating one of the Caribbean's largest banking groups with roughly US$29 billion in combined…
Business
May 29, 2026

Fontana posts first profit gain since Hurricane Melissa
Fontana Ltd, which operates a chain of pharmacies, has returned to higher profit following the fallout from Hurricane Melissa.  Net profit for the third quarter rose 11 per cent to $114.1 million…
May 29, 2026 by Luke Douglas

Sanmerna seeks land for new factory, eyes export markets
Sanmerna Paper Products Limited unveiled a three-year time frame for the expansion of its factory as the company moves to re-enter regional export markets. "We need land space to build a bigger…
May 29, 2026

Cedric Stephens | Jamaica's traffic crisis is a national risk event
Jamaica is not just dealing with traffic congestion — we are confronting a growing national risk exposure. Every morning and evening, the country bleeds time, productivity, and money as thousands of…