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...
European Union regulators on Friday hit Google with a €2.95 billion (US$3.5 billion) fine for breaching the bloc’s competition rules by favouring its own digital advertising services, marking the fourth such antitrust penalty for the company. The...
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...
American employers added just 22,000 jobs last month as the labour market continued to cool due to uncertainty over US President Donald Trump’s economic policies. Hiring decelerated from 79,000 in July, the United States Labor Department said...
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...
Retirees need a steady, reliable flow of income. It can come from several different streams, but must be able to suit the needs of the retiree effectively because not all retirees have the same priorities. Retirement is the spending phase of the...
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...
Why has Jamaica trailed Barbados on the path to sustained growth? Orlando Patterson, the John Cowles Professor of Sociology at Harvard University, and who served as special adviser to former Prime Minister Michael Manley, posed and answered this...
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...
After a five-year legal showdown pitting the US Department of Justice against Google, a federal judge concluded that the disruptive forces of artificial intelligence technology will have a better chance of hobbling an illegal monopoly than any...
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...
Much has changed since Chinese President Xi Jinping and Russian President Vladimir Putin last stood together atop Tiananmen Square in 2015. When they did so again this week, it was supposedly as equal partners. But, of course, the reality is far...
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...
In a celebrated ruling in August, the St Elizabeth Parish Court ordered the release of 295 pounds of marijuana seized from Zion Yard, a Rastafari community authorised to cultivate the herb for sacramental use. The marijuana – also referred to...
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...
Office furniture supplier JFP Limited is ramping up its salesforce to make a more aggressive play for business in Jamaica, the Caribbean and beyond. It comes amid lagging sales and disappointing project-related income. But the company sees a...
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...
Published:Wednesday | September 3, 2025 | 12:09 AM
We are facing greater uncertainty – economically, geopolitically, socially – than at any time in recent memory. In these conditions, it is crucial for CEOs, policymakers, investors, and other decision-makers to draw on a wider set of data sources...
As Jamaicans head to the polls to choose the next government, the business community is expecting the next administration to fulfil long-time promises of making it easier to do business in Jamaica by cutting bureaucracy and improving access to...
Published:Wednesday | September 3, 2025 | 12:08 AM
Car dealer Jetcon Corporation Limited has found its footing after transitioning from the used car market to trade in new vehicles, the company reported to shareholders. The company, which is now the local dealer for Chinese automaker BAIC, says it...
Published:Wednesday | September 3, 2025 | 12:07 AM
Kraft Heinz is splitting into two companies a decade after a merger of the brands created one of the biggest food manufacturers on the planet. One of the companies, currently called Global Taste Elevation Company, will include brands such as Heinz...
Published:Wednesday | September 3, 2025 | 12:05 AM
For a few hopeful weeks this summer, a bright billboard on the major highway linking Toronto to New York greeted Canadian drivers with a simple message: “Buffalo Loves Canada”. The marketing campaign, which included a US$500 gift card giveaway, was...
Published:Wednesday | September 3, 2025 | 12:05 AM
Sagicor Select Funds Limited has received shareholder approval to transform into its two exchange-traded investment funds into unit trusts, a process that is expected to conclude with their delisting from the market. The funds are currently trading...
