Business
July 17, 2026
JSE SUMMARY - THURSDAY, JULY 16
In Thursday’s trading session the following reflects the movement of the JSE Indices:
. The JSE Combined Index declined by 2,377.08 points (0.64%) to close at 367,345.09 points and the volume traded…
July 17, 2026
US to impose 25% tariff on some Brazilian imports starting July 22
The United States is imposing 25 per cent tariffs on imports from Brazil, after finding a range of what it deemed unfair trade practices by the world’s 10th-biggest economy.
The tariffs, which were…
July 17, 2026
US producer prices drop 0.3 per cent from May to June on lower energy prices
U.S. wholesale inflation fell from May to June on plunging energy prices, but intensifying hostilities with Iran are clouding the outlook.
The US Labor Department reported Wednesday that its producer…
July 16, 2026
Image Plus pays $620m for recent acquisitions
Image Plus Consultants Ltd (IPCL), which trades as Apex Radiology, paid $620 million for two recent acquisitions, expanding its footprint to eight locations across Jamaica.
"Having successfully…
July 16, 2026
Lee-Chin signs nuclear energy pact in Turkey
Jamaican-Canadian businessman Michael Lee-Chin is pushing into nuclear energy, with his Portland Holdings group signing a memorandum of understanding (MOU) with a Turkish nuclear technology company to…
July 16, 2026
Global Attractions Ltd to buy 80 per cent of Dolphin Cove
A Saint Lucia-based entity has agreed to purchase the 79.99 per cent controlling stake in Dolphin Cove Ltd, bringing to a head more than a year of US bankruptcy proceedings that have held the fate of…
July 15, 2026
by Carolyn Guniss
PriceSmart to open distribution centre in Jamaica as retailer doubles island footprint to four clubs
PriceSmart Inc, the membership warehouse retailer, plans to open a distribution centre in Jamaica before the end of its current fiscal year in August, even as it prepares to double its club footprint…
July 15, 2026
Gov’t puts Silver Sands villas up for sale as Harmony Cove project stays dormant
The Government plans to sell two beachfront properties at the Silver Sands Estate in Duncans, Trelawny, the latest move in a long-running effort to extract value from a state-owned coastal property…
July 15, 2026
Mailpac continues growth momentum
Mailpac Group Ltd’s revenue grew 10 per cent for its first quarter ended March, as the company continues to benefit from rising online shopping.
Revenue totalled $790 million, up 10.3 per cent…