Business

The United States Justice Department may drop its criminal prosecution of Boeing for allegedly misleading US regulators about the 737 Max jetliner before two of the planes crashed and killed 346 people, according to a weekend court filing. The...

The European Union on Tuesday agreed to impose fresh sanctions on Russia, notably targeting almost 200 ships from the shadow fleet illicitly transporting oil to skirt Western restrictions put in place over Moscow’s war in Ukraine. The 27-nation...

The United States Senate has voted to move forward with legislation to regulate a form of cryptocurrency called stablecoins, two weeks after Democrats blocked the measure. Monday’s 66-32 procedural vote keeps one of US President Donald Trump’s top...

One Great Studio Limited, 1GS, posted a $13-million net loss for the first quarter ending March 2025, a sharp reversal from the $10-million profit recorded a year earlier. The company serviced 87 clients during the quarter, with half based in the...

Cigarette trader Carreras Limited posted a net profit of $1.4 billion for the first quarter ended March 2025, more than double the $568.5 million earned in the year prior, as the cigarette distributor benefited from price increases. The strong...

New Fortress Energy, NFE, booked a gain on the sale of its Jamaica operations, but reported an overall loss of US$200 million in the March first quarter. Its losses were nearly four times worse that the comparative quarter for 2024 when it bled US$...

Britain and the European Union hailed a new chapter in their relationship Monday after they sealed new agreements on defence cooperation and easing trade flows at their first formal summit since Brexit. Prime Minister Keir Starmer, who met...

Brazil, one of the world’s largest producers and exporters of poultry, on Friday confirmed the country’s first bird flu outbreak on a commercial farm, the country’s ministry of agriculture said in a statement. The virus was found at a facility in...

Beginning in September 2025, new borrowers from the Students Loan Bureau (SLB) will have up to 10 years to repay their loans, an increase from the current five-year and seven-year repayment periods. This will make tertiary education more accessible...

“Retirement is cancelled,” one entrepreneur told me recently as we discussed the uphill savings catch-up that was required in the post-COVID era. It’s a sobering sentiment. Let me issue a trigger warning – this article may cause some discomfort...

With less than one per cent of the poultry trade throughout CARICOM originating from companies in the region, players in the industry say non-tariff barriers are curtailing their efforts to do more business in the Caribbean. Members of the...

Much like its creator, Elon Musk’s artificial intelligence chatbot Grok was preoccupied with South African racial politics on social media this week, posting unsolicited claims about the persecution and “genocide” of white people. His company, xAI...