Business
May 29, 2026
Ferrari's first electric vehicle met with market scepticism
Ferrari, on Tuesday, presented its first-ever fully electric car to Italy's president and Pope Leo XIV. Yet it's still waiting for the ultimate approval from someone less high-profile: the…
May 29, 2026
Australia launches record US$1.4b lawsuit against 3M over 'forever chemicals' at defence bases
Australia is suing US conglomerate 3M for more than AU$2 billion (US$1.4 billion) over so-called ‘forever chemical’ contamination from firefighting foam at defence bases, the government said on…
May 28, 2026
Typical CEO pay hits US$17.7m as gap with workers widens to 200 years
The typical CEO compensation package rose nearly 6 per cent in 2025 to US$17.7 million, as company boards rewarded their top executives for bigger profits and higher stock prices, and gave them…
May 27, 2026
by Luke Douglas
BOJ flags two quarters of above-target inflation, signals readiness to raise rates
The Bank of Jamaica (BOJ) expects inflation to climb above its six per cent target ceiling for at least two consecutive quarters and warned it stands ready to adjust interest rates if price pressures…
May 27, 2026
PayPal’s online checkout empire is under siege as rivals squeeze its core business
PayPal helped invent online checkout. Nearly three decades later, it's struggling to defend its turf.
The iconic online payments company is facing its biggest challenge in nearly three decades…
May 27, 2026
Travel industry worries after Trump administration reiterates threat to sanctuary city airports
The travel industry is on edge after Homeland Security Secretary Markwayne Mullin reiterated his threat to withdraw US Customs and Border Protection (CBP) officers from airports in so-called…
May 27, 2026
Toshifumi Suzuki, the Japanese behind the ‘conbini’ empire, has died
TOKYO (AP) — Toshifumi Suzuki, the Japanese businessman credited with creating the 7-Eleven convenience-chain global retail empire, has died. He was 93.
Suzuki, an honorary adviser at Seven & i…
May 28, 2026
ThisBank to raise US$6.9m in US debt offering
ThisBank Ltd, the UK-based digital lender formerly known as JN Bank UK, raised some US$6.9 million in a debt offering, according to a notice filed with the US Securities and Exchange Commission…
May 27, 2026
JPS profit halves as Hurricane Melissa recovery costs bite
Jamaica Public Service Company (JPS) posted a 50 per cent dip in its first-quarter profit as the power utility absorbed the lingering financial toll of Hurricane Melissa.
The Category 5 storm, which…