Business

Business
June 3, 2026

Chinese online retailer Temu hit with US$232-million fine over claims of unsafe toys and electronics 
Temu was hit with a 200-million euro (US$232-million) fine after a European Union (EU) investigation found the Chinese online retailer failed to protect consumers from illegal products, like toxic or…
Business
May 31, 2026 by Carolyn Guniss

MoneyMasters breaks ground on US$25m 10-storey commercial project near Half-Way Tree 
When Claudette Crooks set out in 2022 to build a commercial project in Kingston, she had a pointed challenge for Jamaica’s pension fund managers: Instead of investing incremental amounts in New York…
Business
May 31, 2026

Contractors sought for modernisation drive for Fantasy, Pagee and Success beaches
For most Jamaicans, a day at the beach means makeshift stalls, limited shade, and decades-old facilities but the Government plans to change that — upgrading three public beaches in quick succession,…
May 31, 2026

Cedric Stephens | Jamaica's traffic crisis is a national risk event
Jamaica is not just dealing with traffic congestion — we are confronting a growing national risk exposure. Every morning and evening, the country bleeds time, productivity, and money as thousands of…
Business
May 31, 2026

SpaceX's Starship rockets are grounded pending investigation after test flight
SpaceX Starship launches are on hold pending an investigation into last week's test flight. The Federal Aviation Administration (FAA) announced on Wednesday that the hour-long space flight…
Business
May 31, 2026

Introducing Argus, a robot with 20 legs and eyes built to move and see in any direction instantly 
A robot being developed at Duke University is almost ready to face the world, in any direction. Instead of trying to copy symmetrical shapes from nature by building robots that look like people, dogs…
May 29, 2026

Flow Jamaica revenue slips to US$103m as Hurricane Melissa weighs on subscribers
The telecoms provider Flow Jamaica posted revenue of US$103.2 million for the first quarter of 2026, or 2.0 per cent lower than a year earlier.  It comes as the lingering effects of Hurricane Melissa…
May 29, 2026

First Rock targets US$28 million in deals as company returns to profit
First Rock Real Estate Investments Limited is in negotiations to acquire income-generating commercial properties in Costa Rica and Martinique with a combined estimated value of about US$28 million,…
May 29, 2026

Butterfield to acquire CIBC Caribbean in US$1.8-billion deal
The Bank of N.T. Butterfield & Son Limited has agreed to buy the CIBC Caribbean Bank Limited, creating one of the Caribbean's largest banking groups with roughly US$29 billion in combined…