Business

Financial services conglomerate JMMB Group Limited, JMMBGL, reported a net loss of $686 million for the June 2025 quarter, citing the Government of Jamaica’s asset tax and a downturn in its investment in a regional insurance powerhouse. The loss,...

Prime Minister of Japan Shigeru Ishiba on Wednesday proposed an economic zone connecting the Indian Ocean to Africa as the country seeks to play a greater role in the African continent while America’s presence there decreases and China’s influence...

US Commerce Secretary Howard Lutnick on Tuesday confirmed the United States government is vying for a 10 per cent stake in Silicon Valley pioneer Intel in an unusual deal that would deepen the Trump administration’s financial ties with major...

Following the recent resignation of its chief executive officer, Caribbean Assurance Brokers Limited has decided not to fill the vacant position until early 2026. Chairman Raymond Walker said the company is in sensitive negotiations with partners...

The 50 per cent tariff on many Brazilian exports to the United States is one of the highest rates that President Donald Trump has imposed as part of his global trade war. Trump has quite plainly stated that the crippling levy is an attempt to...

Trinidad and Tobago NGL Limited says the decision by the United States government to revoke licences for the exploration of gas fields in Venezuela, has resulted in impairments losses of TT$85.2 million. TTNGL is indirectly involved in the the...

The union for 10,000 striking Air Canada flight attendants said on Monday they won’t return to work even though the strike, now in its third day, has been declared illegal. The strike at Canada’s largest airline is affecting about 130,000...

Negotiations to reach a major treaty to end growing plastic pollution around the world fell apart on Friday, with delegates in Switzerland adjourning with no immediate plans to resume. The consequence of the failed talks is devastating, as it...

T he Gleaner letter writer of the day, Fr Donald Chambers, posed important questions on August 13 in the context of speeches made at the groundbreaking for The University Hospital of the West Indies’ (UHWI’s) US$80 million, six-storey, state-of-...

Although often seen as mundane, establishing and maintaining a secure, organised record-keeping system is key to the effective management of your financial affairs during your lifetime and after your death. It can save time and money, and reduce...

Ford Motor Company will invest nearly US$2 billion retooling a Kentucky factory to produce electric vehicles that it says will be more affordable, more profitable to build, and will outcompete rival models. The automaker’s top executive unveiled...

Negotiators working on a treaty to address global plastic pollution discussed a new draft of the text on Wednesday that wouldn’t limit plastic production or address chemicals used in plastic products. The biggest issue of the talks has been whether...