Business

Seprod’s complex at Felix Fox Boulevard in Kingston.
August 21, 2026

Seprod profit rises 16%, group trims debt

Seprod Limited reported net profit of $688 million for the second quarter ended June 30, 2026, a 16 per cent increase over the year-earlier levels, as disciplined expense management compensated for a…
Business
August 21, 2026

PROVEN returns to profitability on US$9.4-million gain from Roberts Manufacturing partial sale

PROVEN Group Ltd swung to a net profit of US$8.2 million for the first quarter of fiscal year 2027, reversing a loss of US$2.6 million in the corresponding period a year earlier. The turnaround rested…
Dr Charlene Ashley
August 21, 2026

Charlene Ashley | Is AI making you pay more?

Imagine two passengers boarding the same flight. Same airline. Same aircraft. Same departure time. Same destination. One paid US$463. The other, US$892. We have accepted this for decades. Perhaps one…
August 21, 2026

US debt surpasses US$40-trillion mark

The national debt surpassed a record US$40 trillion on Wednesday, a staggering milestone as defence costs, social programmes like Social Security and Medicare, and interest on the burgeoning deficit…
August 21, 2026

Walmart cautious with expectations after slowest sales growth in six years

Walmart reported its slowest growth in United States comparable sales in six years during its most recent quarter, and the retailer’s guidance for the rest of the year was seen as cautious by Wall…
A visitor walks in front of Alibaba’s booth during the 3rd China International Supply Chain Expo at the China International Exhibition Center in Beijing, China, in July 2025.  AP
August 21, 2026

Alibaba quarterly profit drops 75% as AI investment spending grows

China’s technology giant Alibaba on Thursday reported a 75 per cent drop in profit for the latest quarter as it invested big in artificial intelligence (AI) infrastructure, even as revenue coming from…
Specialist Dilip Patel working on the floor of the New York Stock Exchange on Thursday, July 30 in New York.  AP
August 21, 2026

Higher yields in bond market and drop for Walmart drag US stocks lower

A rise in oil prices on Thursday is sending worries about inflation and yields in the bond market higher, erasing some of the relief the United States Treasury Department created the day before. The…
This image provided by Google in August 2026 shows its line-up of Pixel 11 phones, the Pixel Watch 5 and earbuds.
August 20, 2026

Google unveils latest Pixel phones with slimmer cameras and more AI features

Google on Wednesday unveiled its latest line-up of Pixel phones, with slimmer cameras that include more a powerful zoom and artificial intelligence features designed to help users accomplish things…
Stafford Burrowes co-founder of Dolphin Cove Ltd
August 20, 2026 by Luke Douglas

Dolphin Cove seats new board members, as buyer takes control

Dolphin Cove Limited shareholders on Monday approved four new directors nominated by Global Attractions Limited, the Saint Lucia-based entity that agreed in July to acquire a 79.99 per cent stake in…