Business
26 Aug, 2026
0
JPS net profit grows
Jamaica Public Service Company Ltd (JPS) doubled its net profit for the June 2026 quarter to US$23.5 million, up from US$11.9 million a year earlier, boosted by a US$17.3-million insurance payout that…
26 Aug, 2026
0
Energy ministry seeks independent review of JPS islandwide shutdown
Jamaica’s Energy ministry has commissioned an independent review of the June 5 islandwide power blackout, signalling it will not rely solely on the utility’s own account of the event. “We really want…
26 Aug, 2026
0
Scotia’s Canadian parent sweetened Ja buyout by J$1.3b before deal went public
Scotiabank Canada raised its offer to acquire the outstanding minority stake in Scotia Group Jamaica Ltd by J$1.50 per share – a sweetener worth roughly J$1.3 billion (CDN$10 million) across the…
26 Aug, 2026
0
Atlantic growing amid rebuilding
Atlantic Hardware & Plumbing Company Ltd (AHPC) expects to deliver double-digit growth this year as post-Hurricane Melissa rebuilding demand and a new agro-distribution business combine to push…
26 Aug, 2026
0
Cheaper, open and intelligent
China has a hot new product in the United States: artificial intelligence (AI). San Francisco-based Raffi Krikorian, the chief technology officer at Mozilla, which runs the Firefox browser, switched…
26 Aug, 2026
0
How bitcoin, gold went from a slump to an MVP week
Bitcoin and gold shot higher this week, with both getting a boost from some frantic action surrounding the bond market, and the cryptocurrency also benefiting from activity in Washington. Bitcoin had…
26 Aug, 2026
0
Zillow, Redfin resolve litigation over deal FTC claims suppresses rental listings competition
The US Federal Trade Commission (FTC) has reached a settlement with Zillow and Redfin to resolve the regulator’s claim that the companies made an illegal deal to suppress competition in online rental…
25 Aug, 2026
0
Taiwan charges nine over illegal AI server exports to China, including Nvidia and Super Micro staff
Taiwanese prosecutors charged nine people Monday, including one from Nvidia and two from Super Micro, for illegally exporting “high-end AI servers” to mainland China, adding another wave of turbulence…
23 Aug, 2026
0
FosRich losses double as solar panel prices fall faster than distributors can keep pace
Solar panel prices are falling faster than distributors can adjust, and for FosRich Company Limited, the result is a business that moves more product but collects less money for it. The challenge is…