Business

A sold sign posted outside a newly constructed house in Wellesley, USA on August 25, 2026. (AP Photo)
September 3, 2026

AI boom heats up Bay Area housing market as wealthy buyers drive demand for high-end homes across US

Here’s another place the artificial intelligence (AI) frenzy is making itself felt: the market for luxury homes. High-income earners, many of them employees at AI companies, are snapping up…
Supreme Ventures Logo .
September 2, 2026 by Neville Graham

Nearly $6 billion worth of SVL shares remain with major holder

Ian Levy, the third-largest shareholder in Supreme Ventures Limited (SVL), has transferred his direct stake in the company to a holding entity of which he remains the beneficial owner. It forms part…
NCB Atrium on Trafalgar Road in New Kingston.
September 2, 2026

NCB bond offer draws $11.06b, blowing past target by nearly two-thirds

Investment bank, NCB Capital Markets Limited (NCBCM) has closed a bond offer for NCB Financial Group Limited (NCBFG), attracting $11.06 billion in subscriptions against an initial target of $6.80…
Business
September 2, 2026

Jamaica now has more Internet subscriptions than people, latest post-Melissa data reveals

The first official telecoms data released since Hurricane Melissa struck Jamaica last October reveals a sector with reduced fixed-line services, but with greater mobile broadband penetration than the…
Salvador “Salva” Hierrezuelo, Digicel Business’ group chief business officer.
September 2, 2026

Digicel appoints former Telefónica officer as group chief business officer

Digicel Group announced on Monday the appointment of Salvador ‘Salva’ Hierrezuelo as group chief business officer. He brings more than 20 years of experience, and his position became effective on…
Currency traders watch monitors at the foreign exchange dealing room of the Hana Bank headquarters in Seoul, South Korea, on Tuesday, September 1.
September 2, 2026

Oil prices rise and stocks slide as Middle East violence flares, adding to uncertainty

Oil prices jumped two per cent and world shares skidded on Tuesday as recurring violence in the Iran war, after more than a month with no significant fighting, heightened uncertainty over the future…
An Amazon company logo on  the facade of a building  in Schoenefeld, near Berlin, Germany, in March 2022.
September 2, 2026

Federal Trade Commission and 22 states sue Amazon over inflated advertising prices

The US Federal Trade Commission and 22 states filed a lawsuit against online retailer Amazon on Monday claiming that it defrauded advertising customers. The lawsuit, filed in the US District Court in…
A logo of fast-fashion retailer Shein is seen on T-shirts at the listing ceremony in Hong Kong on Tuesday, September 1. AP
September 2, 2026

Fast-fashion giant Shein’s shares fall after Hong Kong trading debut that spotlights its China roots

Shares in fast-fashion online retail giant Shein fell as much as 10 per cent after they began trading on Hong Kong’s stock market on Tuesday, after a long delay in the company’s plans to list its…
Meta office, MPK 21 Town Square .
September 2, 2026

Social media companies are trying harder to know which users are kids

The Meta settlement – with protections the company says could become industry standards – will give the social media giant a year to refine its approach. But the options are limited, and improving…