Business

Spur Tree Spices Jamaica Limited says its 240-acre farm in Bernard Lodge in St Catherine is currently supplying 60 per cent of the raw materials utilised in the manufacture of its products, CEO Albert Bailey said. The food processing and...

China’s weaponisation of rare earths has emerged as a major flash point in US-China trade negotiations. These critical materials, especially the high-performance magnets they make possible, are vital components in electric vehicles, wind turbines,...

It turns out that many persons aren’t great at identifying which personal decisions contribute most to climate change. A study recently published by the National Academy of Sciences found that when asked to rank actions, such as swapping a car that...

As an executive who has begun making plans for the long term, you have started to glimpse stakeholders others usually miss. They may not be people – consider the environment, for example – but their health and survival matter to your goals. So how...

Century Aluminum plans to invest up to US$30 million in its Jamaican alumina refinery, Jamalco, in 2026, to reduce energy costs and ramp up production towards full capacity. The investment was disclosed during the United States-based company’s...

The Brazilian government on Wednesday unveiled a plan to support local companies affected by a 50 per cent tariff imposed by the United States on several of the country’s exports. Dubbed ‘Sovereign Brazil’, the plan provides for a credit lifeline...

When Condor Airlines landed at Sangster International Airport from Düsseldorf, Germany, last year, conditions were ideal: clear skies and low wind. But something was off. “Ground, we may have hit a bird. You can check the runway,” said the pilot in...

Petrojam Limited, operator of Jamaica’s sole petroleum refinery, spent about US$2 million on plant improvements that are expected to deliver payback in under a year. Since July, the state-owned oil refinery has increased its asphalt production to a...

MPC Caribbean Clean Energy Limited will refrain from pursuing new investments in Jamaica, opting instead to concentrate on its existing renewable energy assets in Central America and the Dominican Republic, company executives affirmed on Tuesday....

Mexican authorities are accusing sportswear company Adidas of plagiarising artisans in southern Mexico, alleging that a new sandal design is strikingly similar to the traditional Indigenous footwear known as huaraches. The controversy has fuelled...

As African leaders gather in Cape Town for the African Water Investment Summit, August 13-15, there can be no equivocation: the world faces an unprecedented water crisis that demands a paradigm shift in how we value and govern our most precious...

Shrugging off losses that broke its winning streak after more than three decades of operation, Paramount Trading Jamaica Limited is back in the black for year ending May 2025. In its newly released year-end financial report, the chemicals company...