Wed | Sep 17, 2025

Business

Published:Sunday | August 3, 2025 | 12:11 AM

Microsoft said Wednesday that annual revenue for its flagship Azure cloud computing platform has surpassed US$75 billion, up 34 per cent from a year earlier. The Azure cloud business is a centrepiece of Microsoft’s efforts to shift its focus to...

Published:Sunday | August 3, 2025 | 12:11 AM

China’s top leaders have pledged to help companies slammed by higher US tariffs but held back on major moves after trade talks with the United States last week kept businesses and planners in limbo. At their summer economic planning meeting, the...

Published:Sunday | August 3, 2025 | 12:11 AM

Investors occasionally scoop up shares of companies whose financial prospects appear dim. The consensus around such companies is that the shares should, if anything, fall further. But then they suddenly get touted in online forums and take off for...

Published:Sunday | August 3, 2025 | 12:11 AM

The world’s superpowers have developed a seemingly insatiable appetite for the critical minerals that are essential to the ongoing energy and digital transitions, including rare-earth metals for semiconductors, cobalt for batteries , and uranium...

Published:Sunday | August 3, 2025 | 12:11 AM

The Government of Jamaica aims to better manage its cash resources of about $100 billion flowing through financial institutions. The Ministry of Finance is in the process of recruiting consultants to help craft a public funds investment policy and...

Published:Sunday | August 3, 2025 | 12:10 AM

Democrats and Republicans in the United States don’t agree on much, but they share a conviction that the government should help American manufacturers, one way or another. Democratic President Joe Biden handed out subsidies to chipmakers and...

Published:Friday | August 1, 2025 | 9:32 AM

The first phase of the Caymanas Special Economic Zone, CSEZ, project will take four years to complete at a cost of $8 billion, Chairman of the Port Authority of Jamaica Alok Jain has said. During construction, which will encompass 200 acres of the...

Published:Friday | August 1, 2025 | 9:32 AM

Federal Reserve Chair Jerome Powell gave little indication on Wednesday of bowing anytime soon to United States President Donald Trump’s frequent demands that he cut interest rates, even as signs of dissent emerged on the Fed’s governing board....

Published:Friday | August 1, 2025 | 9:32 AM

The listing of A.S. Brydens Holdings Limited on the Trinidad...

Published:Friday | August 1, 2025 | 9:32 AM

The leadership of the Jamaica Public Service Company Limited, JPS, is preparing for negotiations with the Government of Jamaica towards a new all-island electricity licence agreement when its current exclusive arrangement expires in two years. JPS...

Published:Friday | August 1, 2025 | 9:32 AMSteven Jackson - Senior Business Reporter

Caribbean Development Bank, CDB, sounded the alarm on Tuesday on the need for climate-resilient infrastructure across the region, citing the increasing frequency and severity of extreme weather events. “We cannot continue to rebuild our...

Published:Friday | August 1, 2025 | 9:32 AM

Visa restrictions continue to limit mobility for many nations in the Global South and hinder Africa-Caribbean trade, high-level delegates at an investment forum have said. According to the latest version of the Henley Passport Index, which ranks...

Published:Friday | August 1, 2025 | 9:36 AM

The United States economy expanded at a surprising three per cent annual pace in the April-June period, bouncing back at least temporarily from a first-quarter drop that reflected disruptions from the US trade wars. Still, details of the report...

Published:Wednesday | July 30, 2025 | 12:12 AM

Stellantis hopes to counteract some of the expected €1.5-billion (US$1.7-billion) cost of tariffs this year by boosting North American profitability with new model launches like the discontinued Jeep Cherokee, the carmaker’s new CEO said on Tuesday...

Published:Wednesday | July 30, 2025 | 12:11 AM

Union Pacific wants to buy Norfolk Southern in a US$85-billion deal that would create the first transcontinental railroad in the United States, and potentially trigger a final wave of rail mergers across the country. The proposed merger, announced...

Published:Wednesday | July 30, 2025 | 12:10 AM

Larry Howai, governor of the Central Bank of Trinidad and Tobago, CBTT, says finding a solution to the ongoing problems in the foreign exchange market remains a priority but that a long-term solution was dependent on mechanisms to bring demand and...

Published:Wednesday | July 30, 2025 | 12:09 AM

For decades, the United States was the champion of democracy, the rule of law, and human rights. Of course, there were glaring discrepancies between rhetoric and reality: during the Cold War, the US overturned democratically elected governments in...

Published:Wednesday | July 30, 2025 | 12:07 AM

The International Monetary Fund is upgrading the economic outlook for the United States and the world for this year and the next because US President Donald Trump’s protectionist trade policies have so far proven less damaging than expected. The...

Published:Wednesday | July 30, 2025 | 12:06 AM

Manufacturing and distribution company Seprod Limited is looking to extract maximum benefit from its acquisition programme over the last two years. Reporting to shareholders on Monday, CEO Richard Pandohie said since the company’s last annual...

Published:Wednesday | July 30, 2025 | 12:06 AM

Consolidated Bakeries Jamaica Limited, which trades as Purity, says it has secured a $600 million, 10-year credit facility from Sagicor Bank Jamaica Limited to be utilised for the refinancing of existing debt, the funding of capital expenditures,...

Published:Wednesday | July 30, 2025 | 12:06 AM

A Hong Kong conglomerate that had agreed to sell its two ports at the Panama Canal said on Monday it may seek a Chinese investor to join a consortium of buyers, a move that could please Beijing but bring more scrutiny by Washington to the...

Published:Wednesday | July 30, 2025 | 12:05 AM

Jamaican Copyright Licensing Agency, known as JAMCOPY, paid out $30.3 million in royalties at the end of last year to more than 900 rightsholders whose works appeared in print, the organisation reported at its annual general meeting. JAMCOPY...

Published:Wednesday | July 30, 2025 | 12:05 AM

NCB Financial Group Limited, operator of Jamaica’s largest commercial bank, has received a ‘B’ rating for its pending US$225 million debt issue on the international capital markets, the proceeds of which will primarily refinance existing borrowings...

Published:Tuesday | July 29, 2025 | 12:07 AM

A cyberattack on Russian state-owned flagship carrier Aeroflot caused a mass outage to the company’s computer systems on Monday, Russia’s prosecutor’s office said, forcing the airline to cancel more than 100 flights and delay others. Ukrainian...

Published:Sunday | July 27, 2025 | 12:10 AM

The global switch to renewable energy has passed a “positive tipping point” where solar and wind power will become even cheaper and more widespread, according to two United Nations reports released Tuesday, describing a bright spot amid otherwise...

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