Business
04 Nov, 2026
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World Cup delivers $776m sales bump for Supreme Ventures
Supreme Ventures Ltd made the bulk of its rise in revenue from sports betting tied to the football World Cup. Executive Chairman Gary Peart had predicted as much in April, telling investors the gaming…
04 Nov, 2026
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Carib Cement profit falls 1/3rd in third quarter, warns staff about El Niño
Caribbean Cement Company, majority-owned by Mexico based Cemex, sold more cement in the September quarter, but a planned shutdown of its kiln furnace pushed production costs higher, resulting in lower…
04 Nov, 2026
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FosRich sees opportunity in rebuild
Chief Executive Officer Cecil Foster told shareholders at the company’s annual general meeting that FosRich Company Ltd intends to supply the island’s rebuild. “We want to be in the reconstruction…
04 Nov, 2026
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Poly Pet outlook cut as bottle maker faces first bond repayments
Jamaica’s largest plastic bottle manufacturer has had the outlook on its $800-million bond lowered to negative by regional ratings agency CariCRIS, which warned that Poly Pet Company Limited may not…
04 Nov, 2026
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Mayberry swings to $1.57bn quarterly profit on stock market rebound
Mayberry Group Ltd returned to profit in the September quarter, posting $1.57 billion attributable to shareholders against a loss of $751.4 million a year earlier, as Jamaica’s recovering stock market…
04 Nov, 2026
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Elite shares dropping towards buyout offer price
Resource Assets Ltd, a St Lucia-registered company, has offered to buy all of Elite Diagnostic Ltd’s issued ordinary shares at $1.60 each or less than its trading price but roughly equivalent to its…
04 Nov, 2026
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Alcoa profit doubles from gains
Alcoa Corp’s third-quarter profit more than doubled from a year earlier as it benefited from mark-to-market gains rather than an improvement in the core business. “During the third quarter, we ...…
04 Nov, 2026
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Shoprite, largest African retailer, sales hit record US$16.3b; hiring slows
Shoprite Holdings lifted sales 7.2 per cent to R270.8 billion (US$16.3 billion) in its 2026 financial year and raised its dividend almost 12 per cent, but South Africa’s largest food retailer created…
04 Nov, 2026
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When the young stop waiting: Europe’s Gen Z is sending us all a message
This autumn I have found myself watching the evening news from Europe with a growing sense of recognition. Not of the tear gas or the burning barricades, which I deplore, but of the faces. Teenagers…