The Federal Reserve raised its benchmark interest rate Wednesday for the first time since 2023 in an effort to quell stubbornly-high inflation, a move that could spur a sharp response from the White…
Island Grill plans to grow its restaurant network by two-thirds to 30 outlets by 2030, a target that overtakes the goal the chain set a year ago. Chief Executive Officer Tania Waldron-Gooden told the…
The Bank of Jamaica said it booked a $6.9-billion loss in the eight months to August, driven mainly by writedowns and currency movements. “The losses year to date have arisen primarily from unrealised…
The Financial Services Commission (FSC) has established two departments – an Innovation Unit and a Market Growth & Development Department – to give securities, insurance and private pension firms…
Fontana Limited generated record revenue but lower profit across its enlarged 11-store pharmacy network. It plans to cut costs going forward. “The next phase will focus on inventory optimisation,…
Omni Industries Limited has cut its export ambitions by half and stretched the deadline, telling shareholders it now wants overseas sales to reach 10 per cent of revenue within five years – down from…
Millions of students every day turn to AI chatbots for help with schoolwork, emotional support and personal advice – often unaware of where their conversations and other personal information end up.…
Kenute Hare’s new book deserves attention because it asks a question Jamaica can no longer afford to treat as technical: When people die or are injured on the roads, are we investigating crashes well…
Nigerian industrialist Aliko Dangote opened his refinery to public ownership on Monday with plans to raise US$1.6 billion from retail investors across the continent in Africa’s biggest initial public…