Island Grill now has 18 stores in its portfolio, but plans to ramp up those numbers to at least 25 within four years, a project in which it will invest about US$10 million to US$14 million. The company has a solid footing in the fast-food chicken...
After a five-year legal showdown pitting the US Department of Justice against Google, a federal judge concluded that the disruptive forces of artificial intelligence technology will have a better chance of hobbling an illegal monopoly than any...
Mayberry Group has doubled its private equity stake in Keoworld, a fast-growing Miami-based fintech firm now positioned to absorb a segment of American Express’s international credit card business. The value of Mayberry’s stake in Keoworld — which...
Much has changed since Chinese President Xi Jinping and Russian President Vladimir Putin last stood together atop Tiananmen Square in 2015. When they did so again this week, it was supposedly as equal partners. But, of course, the reality is far...
With the general election reaching its climax on Wednesday, September 3, some businesses are counting windfall earnings from the provision of goods and services to boost both major political parties in their quest for victory at the polls. From...
In a celebrated ruling in August, the St Elizabeth Parish Court ordered the release of 295 pounds of marijuana seized from Zion Yard, a Rastafari community authorised to cultivate the herb for sacramental use. The marijuana – also referred to...
Barita Investments Limited is reporting progress on its real-estate activities, saying it has assembled a team and secured funding for a couple projects. “Subject to approvals, we will be building in 2026, and we have identified two sites,” said...
Office furniture supplier JFP Limited is ramping up its salesforce to make a more aggressive play for business in Jamaica, the Caribbean and beyond. It comes amid lagging sales and disappointing project-related income. But the company sees a...
Constellation Brands, which owns the Modelo and Corona beers in the United States, lowered its full-year sales and profit outlook Tuesday, citing falling demand among Hispanic customers in particular. Constellation President and CEO Bill Newlands...
Published:Wednesday | September 3, 2025 | 12:09 AM
We are facing greater uncertainty – economically, geopolitically, socially – than at any time in recent memory. In these conditions, it is crucial for CEOs, policymakers, investors, and other decision-makers to draw on a wider set of data sources...
As Jamaicans head to the polls to choose the next government, the business community is expecting the next administration to fulfil long-time promises of making it easier to do business in Jamaica by cutting bureaucracy and improving access to...
Published:Wednesday | September 3, 2025 | 12:08 AM
Car dealer Jetcon Corporation Limited has found its footing after transitioning from the used car market to trade in new vehicles, the company reported to shareholders. The company, which is now the local dealer for Chinese automaker BAIC, says it...
Published:Wednesday | September 3, 2025 | 12:07 AM
Kraft Heinz is splitting into two companies a decade after a merger of the brands created one of the biggest food manufacturers on the planet. One of the companies, currently called Global Taste Elevation Company, will include brands such as Heinz...
Published:Wednesday | September 3, 2025 | 12:05 AM
For a few hopeful weeks this summer, a bright billboard on the major highway linking Toronto to New York greeted Canadian drivers with a simple message: “Buffalo Loves Canada”. The marketing campaign, which included a US$500 gift card giveaway, was...
Published:Wednesday | September 3, 2025 | 12:05 AM
Sagicor Select Funds Limited has received shareholder approval to transform into its two exchange-traded investment funds into unit trusts, a process that is expected to conclude with their delisting from the market. The funds are currently trading...
Budget carrier Spirit Airlines said Friday that it has filed for fresh bankruptcy protection just months after emerging from a Chapter 11 reorganisation. The ultra low-cost airline said it plans to keep flying as usual during the restructuring...
Brazil on Thursday said it seized 1.2 billion reais (about US$220 million) in assets linked to a sprawling criminal network as part of a nationwide investigation into a money laundering scheme involving investment funds and the fuel sector....
The recent launches of Gemini Deep Think and GPT-5 have highlighted the rapid evolution of large language models. With 67 per cent of organisations worldwide now using LLMs, you have probably experimented with them, too. Perhaps you were impressed...
As a leader, you feel the pressure to be inspirational. However, it’s not easy. After a few failures, you think you may need further personal development. But before you invest, consider a different approach entirely. When staff lack engagement –...
Jamaica’s financial services industry stands at a regulatory crossroads. The adoption of the twin peaks regulatory model – dividing prudential oversight and market conduct into two distinct regulatory peaks – should be more than a technical job....
BirdShack Fried Chicken is actively looking for a new location in Kingston to re-establish a store in the city, possibly before the end of the year, and is looking forward to adding more restaurants in 2026. Wayne Cummings, CEO of Arya QSR Limited...
Nvidia’s sales of its artificial intelligence chipsets remained a hot commodity during the company’s latest quarter, but the demand wasn’t quite feverish enough to ease recent worries that the AI craze may be fading. The results announced on...
With GDP and employment figures dominating political debates, it is easy to forget that they are hardly timeless truths. In fact, how we measure progress has shifted dramatically over time. The physiocrats – 18th-century French economists who saw...
