Business

On a recent sunny morning in a channel at the Port of Los Angeles, seven blue steel structures that look like small boats are lowered into the ocean one by one. Attached to an unused wharf on a site that once housed oil tanks, they gently bob up...

A.S. Bryden...

Education services provider EduFocal Limited has appointed a new chairman and aims to publish its overdue 2024 audited financial report by October 10. The stock remains suspended from trading on the Jamaica Stock Exchange until it resolves the...

China’s exports grew last month but at a slower pace than in recent months, the country’s customs agency said Monday. Exports reached US$321.8 billion in August, a 4.4 per cent increase compared to the same month last year. That was down from a 7.2...

The world’s richest man could become its first trillionaire if Elon Musk hits a series of extremely aggressive targets for his electric car company over the next decade, according to a proposed pay package released by the company. Tesla said in a...

In recent years, the world’s poorest and most climate-vulnerable countries have made one thing clear: the current system for financing development in low-income and middle-income economies is not working. At annual climate conferences and through...

The 2025 general elections are over. The ballots have been counted, victory speeches delivered, and Jamaica Labour Party supporters are celebrating a third consecutive term with 34 seats in parliament and 51 per cent of the total votes cast. The...

Island Grill now has 18 stores in its portfolio, but plans to ramp up those numbers to at least 25 within four years, a project in which it will invest about US$10 million to US$14 million. The company has a solid footing in the fast-food chicken...

Mayberry Group has doubled its private equity stake in Keoworld, a fast-growing Miami-based fintech firm now positioned to absorb a segment of American Express’s international credit card business. The value of Mayberry’s stake in Keoworld — which...

With the general election reaching its climax on Wednesday, September 3, some businesses are counting windfall earnings from the provision of goods and services to boost both major political parties in their quest for victory at the polls. From...

Barita Investments Limited is reporting progress on its real-estate activities, saying it has assembled a team and secured funding for a couple projects. “Subject to approvals, we will be building in 2026, and we have identified two sites,” said...

Constellation Brands, which owns the Modelo and Corona beers in the United States, lowered its full-year sales and profit outlook Tuesday, citing falling demand among Hispanic customers in particular. Constellation President and CEO Bill Newlands...