Business

All does not have to be lost if you have lost or are losing control over your finances such that you are carrying more debt than is desirable. There are many practical steps from which to choose – assess your current financial situation, create a...

Playa Hotels...

Japan’s top automaker Toyota reported record sales for the fiscal year through March on Thursday, but its profit for the latest quarter faltered partly because of a certification scandal. Toyota Motor Corp’s January-March net profit totalled ¥664.6...

The Bank of England cut its main interest rate by a quarter of a percentage point to 4.25 per cent amid concerns over the potential shock to global growth emanating from the tariff policies of the Trump administration. The decision on Thursday was...

When US President Richard Nixon appointed Arthur Burns as Federal Reserve chair in 1970, he welcomed him to the job with these words: “I respect his independence. However, I hope that, independently, he will conclude that my views are the ones that...

Power utility Jamaica Public Service Company, JPS, is investing US$300 million to construct Jamaica’s largest solar power plant and a battery storage facility, starting this month. The renewable energy facility will replace JPS’s aged Hunts Bay...

Guardian Holdings Limited delivered TT$771 million in net profit for the March quarter, more than tripling last year’s quarterly results due to the sale of a subsidiary. The earnings convert to about $18 billion in Jamaican currency. The profit...

Billionaire investor Warren Buffett said Saturday that he wants to step down as chief executive of Berkshire Hathaway at the end of the year. The revelation came as a surprise because the 94-year-old had previously said he did not plan to retire....

El Salvador President Nayib Bukele ordered police via social media on Monday to arrest five heads of bus companies in the Central American country after they defied his order to offer free transport for a week following a major highway closure. The...

When Greg Abel becomes Berkshire Hathaway’s new CEO next year he will of course take on additional responsibilities, but with Warren Buffett remaining as chairman, the surprise change announced at the annual meeting over the weekend is in some ways...

Air-conditioning company CAC 2000 Limited is feeling the effects of logistical delays compounded by pirate activity in the main shipping routes of its suppliers. CEO Gia Abraham adds that customers are not settling their bills quickly. And the...

With less than three months to go, there is no decision yet on whether there will be a second extension of the Portland Caribbean fund. The “limited partners – including PJX – had yet to determine whether a second extension would be pursued” for...