Business
December 9, 2025
Japan’s SoftBank sells shares in Nvidia for US$5.8b, turning its focus to OpenAI
Japanese technology giant SoftBank said Tuesday it has sold its stake in Nvidia, raising US$5.8 billion to pour into other investments. It also reported its profit nearly tripled in the first half of…
December 9, 2025
Flight cuts add strain to supply chain as US shutdown lingers
Several airports with major package distribution centres are on the list of airports that will reduce capacity in the wake of the US Federal Aviation Administration’s announcement of a 10 per cent…
December 9, 2025
China rolls out its version of the H-1B visa to attract foreign tech workers
Vaishnavi Srinivasagopalan, a skilled Indian IT professional who has worked in both India and the United States, has been looking for work in China. Beijing’s new K-visa programme targeting science…
December 9, 2025
Melissa triggers second CCRIF payout, US$150m cat bond
CCRIF Spc, the Caribbean catastrophe risk insurance facility, will make a second payment to Jamaica, this time in relation to rainfall due to Hurricane Melissa. A day later, on Friday, the World Bank…
December 9, 2025
by Luke Douglas
Barnett Tech Park suffers significant hurricane damage
The Barnett Tech Park in Montego Bay suffered significant damage as a result of Hurricane Melissa, leaving more than 6,000 workers in the global services, or outsourcing, sector without a job for now.
December 9, 2025
Cedric Stephens | Preparing for future catastrophes
Today’s article is a mixture of a piece I began writing when Melissa, then a tropical storm, first threatened Jamaica. The other parts are post-Hurricane Melissa news. Like many people, I did not know…
December 9, 2025
Oran Hall | Consequences of not making a will
There are several estate planning tools – trusts, joint ownership, living gifts, and wills – but a will is perhaps the most common and effective means of passing on one’s assets to named…
December 9, 2025
Dolla profits surge as it closes in on bond
Dolla Financial Services Limited tripled its profit in the third quarter to $186 million, setting the stage for a new yearly record. The company’s earnings year to date, January-September, have…
December 9, 2025
SVL delivers for Q3 but wary of Melissa effects
Supreme Ventures Limited, SVL, posted strong third-quarter results, but the gaming and lottery company remains cautious about the lingering effects of Hurricane Melissa, which disrupted operations in…