National Commercial Bank Jamaica, NCB, has advised that it will be adjusting some of its fees, effective November 1, changes that will mainly result in customers paying more to do business with the bank. NCB has hiked the price on six banking...
Carreras Limited has launched a series of vape products under the Vuse brand, that aims to augment the company’s offering of nicotine products. “By 2025, we want to be the leader in nicotine. We are now the leaders in tobacco, but now we want to be...
A jaguar lies beside George Washington. The United States’ first president holds a rifle with one hand as he rests the other on the dead Argentine predator. The backdrop is a US dollar and an Argentine 500-peso note joined like a book, a clear...
More than a year after the mass protest movement known as the ‘Aragalaya’ ousted Sri Lanka’s President Gotabaya Rajapaksa and his brother, Prime Minister Mahinda Rajapaksa, Sri Lankans have once again taken to the streets. The impetus for the...
The European Central Bank hiked its key interest rate to a record high on Thursday, pressing its fight against stubbornly high inflation that has been plaguing consumers – even as worries grow that higher borrowing costs could help push the economy...
Shares of UK chip designer Arm Holdings rose 10 per cent in their stock market début, in what is the largest initial public offering of shares in nearly two years. The shares opened at US$56.10 on the Nasdaq Thursday after having been priced at US$...
Food company Seprod Limited plans to increase its authorised share capital by 28 per cent in a series of steps that will let the board transfer the new shares to persons or directors and list them on the market. The move requires shareholder...
Suriname, for the first time in its history, will see offshore oil drilling in its waters after French company TotalEnergies on Wednesday announced a US$9-billion project that’s expected to boost the impoverished country’s economy and ease...
The legal fight between National Rums of Jamaica, NRJ, and the Spirits Pool Association on the limits of what can be called Jamaica rum will now see parties face off before year end in front of Jamaica’s trademark office, JIPO, following the...
The growing importation of cheap chicken parts is taking a toll on one particular element of the business operated by top poultry company Jamaica Broilers: baby chicks. For the quarter spanning May to July the company’s local earnings fell seven...
Restaurant Associates Limited Chairman Richard Lake, who operates the Burger King and Popeyes franchises, says while the fast-food or quick-service restaurant chains generally support the Jamaican economy, he has ruled out doing business with...
The amount of funds flowing through Jamaica’s registered charities topped $4 billion last year, new reviews of the sector show. The flow of those funds have long been a concern to money laundering regulators with charities, as a composite, seen as...
Published:Thursday | September 14, 2023 | 12:08 AM
Guyana has opened bids for 14 offshore oil blocks available for exploration and development as the South American country seeks to ramp up oil production. Six companies and groups submitted bids for the available blocks late Tuesday after the...
Published:Wednesday | September 13, 2023 | 7:04 PM
The state-owned oil refinery, Petrojam, has announced increases in the prices of all its products, effective Thursday. E-10 87 is to move up by $2.87 to sell for $191.07 per litre and a litre of E-10 90 will also go up by $2.87 to...
NCB Financial shares slid 2.5 per cent, or more than the overall market, on its first day of trading since the large conglomerate unveiled plans to raise about $20 billion, based on prevailing market prices, through an offer of new shares. On...
Published:Wednesday | September 13, 2023 | 12:07 AM
Google has exploited its dominance of the internet search market to lock out competitors and smother innovation, the United States Department of Justice charged Tuesday at the opening of the biggest American antitrust trial in a quarter century. “...
Another junior market company has announced its intention to graduate to the main market of the Jamaica Stock Exchange, saying its business has matured enough over the past decade to handle the more stringent requirements. General Accident...
Published:Wednesday | September 13, 2023 | 12:06 AM
It’s still early September but as the summer draws to a close Scotia Group Jamaica Limited is already looking towards the promise of new business in the Yuletide season, by which time inflation is expected to be back under control. The No 2 banking...
Published:Wednesday | September 13, 2023 | 12:06 AM
Jamaica’s sole maker of cement expects to start its big expansion project next month, and is looking towards early 2025 to ramp up the new production capacity. Yago Castro, the managing director of Caribbean Cement Company Limited, says a team of...
Published:Wednesday | September 13, 2023 | 12:05 AM
The world economy remains beset by challenges, from tight monetary, financial, and fiscal conditions to the effects of the war in Ukraine. These headwinds are impeding global growth – which is expected to slow to 3.0 per cent this year, compared to...
Published:Wednesday | September 13, 2023 | 12:05 AM
As the United States races to build offshore wind power projects, transforming coastlines from Maine to South Carolina, much remains unknown about how the facilities could affect the environment. And that worries some people, particularly those who...
The United States government is taking aim at what has been an indomitable empire: Google’s ubiquitous search engine, which has become the internet’s main gateway. The legal attack will swing into full force today, Tuesday, in a Washington DC...
NCB Financial Group will be approaching stock market investors to raise fresh equity capital, but needs its shareholders to approve the transaction. The banking conglomerate plans to sell up to 300 million new shares through an additional public...
Most major car manufacturers admit that they may be selling your personal information – though they are vague on the buyers, a new study finds, and half say they would share it with the government or law enforcement without a court order. The...
At least half of the global population lacks access to essential health services, and healthcare expenses push almost 100 million people into extreme poverty each year. How scarce resources are distributed should matter, and there are good reasons...
