The Bank of Jamaica (BOJ) reported a loss of $6.9 billion so far this financial year, while holding no funds to distribute to Government, according to the balance sheet the central bank published on…
Tech founder Gordon Swaby is seeking permission to appeal a ruling in favour of digital marketing founder Kemal Brown to the Judicial Committee of the Privy Council in London, Jamaica’s final court of…
Passenger traffic through Sangster International Airport remained 23 per cent below year-earlier levels in August, with the shortfall little changed since June despite a steep recovery in the first…
The credit card has two sides – one smooth, leading to a state of financial bliss; the other rough, leading to a state of financial misery. Bliss or misery is determined not by the terms of the card,…
The Government of Jamaica (GOJ) launched an invitation for bondholders of the notes due in 2028, 2036 and 2039 to exchange their notes for cash as the country restructures its debt profile. The offer…
Investors offered back US$476.6 million of the roughly US$2.33 billion in Jamaican government bonds the administration invited them to sell, in a buyback that closed on Wednesday, according to results…
Oil prices shot past US$100 a barrel on Wednesday as fighting between the US and Iran escalated, threatening to increase costs for consumers and businesses worldwide. Brent crude, the international…
Large semiconductor company Broadcom reported record revenue, operating income and free cash flow for its third fiscal quarter, with revenue rising 86 per cent from a year earlier to US$29.6 billion…
Dangote Petroleum Refinery and Petrochemicals FZE opens subscriptions on Monday for an initial public offering to raise US$1.6 billion and fund a path to becoming the world’s largest refinery. “We are…