Business

Updated 12 hours ago by Neville Graham

Kingston Wharves looking to double business in two years

Kingston Wharves Limited (KWL) said it would invest US$20 million (J$3 billion) initially to double its capacity if it were to acquire lands that include the Tinson Pen Aerodrome. "We feel very…
Updated 11 hours ago by Neville Graham

Derrimon targets release of overdue accounts by month end to lift JSE suspension

Derrimon Trading Company Ltd expects to release its overdue 2025 audited financial statements by June 30, the food distributor said, after problems with its accounting platform delayed the accounts…
Business
Updated 12 hours ago by Luke Douglas

Stanley Motta profit rises 45% on strong rental growth

Stanley Motta Limited operations improved during its March 2026 first quarter from increased occupancy, but also, the company increased the value of its real estate investment.   “This increase…
Updated 12 hours ago

Oran Hall | Making sense of high interest rates

Bank of Jamaica (BOJ) Governor Richard Byles is not happy that the commercial banks have not ‘received the memo’ about reducing lending rates, consistent with the lowering of the central bank's…
Updated 12 hours ago

Energy, water use and pollution of AI and data centres rival most countries

WASHINGTON (AP): The environmental footprint of data centres already rivals some of the world's largest countries, according to a United Nations University report, which also predicts their water…
Updated 12 hours ago

SpaceX's IPO is set to be the biggest ever and could make Elon Musk a trillionaire

NEW YORK (AP): SpaceX says it plans to raise up to US$75 billion when it goes public this month, setting the stage for the largest-ever stock market debut and putting Elon Musk on course to becoming…
Updated 12 hours ago

UK orders Google to allow publishers to opt out of AI scraping for search summaries

Google must allow news sites to opt out of having their online content scraped to feed AI overviews and other artificial intelligence services and features for British users, regulators said on…
Updated 12 hours ago

Trump makes changes to steel, aluminium and copper tariffs

President Donald Trump on Monday adjusted tariffs on some steel, aluminium and copper imports, lowering some tariffs on farming equipment and extending the lower rate to other equipment. In an…
Updated 11 hours ago

The Dow leaps to a record as oil prices ease and US stocks outside of AI rally

Wall Street rallied Thursday after falling oil prices and yields in the bond market eased the pressure on US stocks. Banks, small companies and other stocks that had earlier been left behind by the…