Business

Innovative Energy Group Limited, IEG, formerly known as Ciboney Group, is entering into the distribution of electric golf carts across the region to augment its energy business. The group earned $100-million profit for its third quarter ending...

The world’s biggest corporations have caused US$28 trillion in climate damage, a new study estimates as part of an effort to make it easier for people and governments to hold companies financially accountable, like the tobacco giants have been. A...

IronRock Insurance Company has a new home and a new leader. It’s looking next to grow its talent pool. The general insurer has relocated its offices to Hope Road in Kingston, taking up office space that was formerly occupied by Stocks and...

Gas prices will go up by $1.88, effective Thursday. The state-owned oil refinery, Petrojam, says E-10 87 will sell for $151.46 per litre and a litre of E-10 90 will sell for $157.48. Automotive diesel oil will move up by $0.25 per litre to sell...

As economic uncertainty deepens worldwide, gold prices have notched more and more record highs. That’s because gold sales can rise sharply when anxious investors seek “safe havens” for parking their money. Gold’s current rally comes as United...

One of the issues faced family-owned businesses, FOBs, in Jamaica is whether to engage the process of ‘family business advising’. In recent years, conversations related to FB advising has gained some momentum in Jamaica, motivated by the reports of...

Knutsford Express Services Limited, a luxury bus service popular among tourists and Jamaican commuters, faced rising costs as air travel slowed. For the February third quarter, its profit was sliced in half, dropping to $49 million, even as revenue...

The securities which trade on the Jamaica Stock Exchange, equities, bonds and preference shares, though providing some form of income for investors and having similar characteristics, have their own unique features. Ordinary stock, also called...

Ireland’s data privacy watchdog said Friday it’s investigating Elon Musk’s social media platform X over its use of personal data to train his artificial intelligence chatbot Grok. The Data Protection Commission said it has opened an inquiry into “...

Farm thieves are turning to drones and the hijacking of trucks despite an overall fall in violent crimes. Agribusiness leaders say they are experiencing high levels of theft, and that rising security costs due to minimum wage hikes adds to the...

JSE COMBINED MARKET SUMMARY April 16, 2025 In Wednesday’s trading session, the following reflects the movement of the JSE indices: • The JSE Combined Index declined by 1,047.70 points (0.32 %) to close at 324,658.31 points and the volume traded...

LONDON: In this era of growing protectionism, defending globalization can feel like a losing proposition. But rather than retreat from the debate, it is more urgent than ever to spell out the costs of a trade war, which threatens to accelerate the...