Business
December 9, 2025
Saudi Aramco oil company reports US$26.9b profit in third quarter
Saudi oil giant Aramco reported on Tuesday a US$26.9-billion profit in the third quarter, down slightly from last year as global energy prices remain depressed over concerns of too much oil being on…
December 9, 2025
Timothy Snyder | The big lie behind Trump’s boat strikes
When announcing an aggressive policy, US President Donald Trump typically offers some grotesque justification – a nonsensical fiction that is supposed to stick in our minds as a rationale for…
December 9, 2025
Bank update
Banks continue to reopen branches on a phased basis as they recover from Hurricane Melissa. Scotiabank: On Monday, Scotiabank said many of its employees are still unable to report for work, but that…
December 9, 2025
Big consumer brands deal to put Tylenol, Kleenex, Band-Aid under one roof
Kimberly-Clark is buying Tylenol maker Kenvue in a cash and stock deal worth about US$48.7 billion, creating a massive consumer health goods company. Shareholders of Kimberly-Clark will own about 54…
December 9, 2025
PriceSmart to double Jamaican presence
PriceSmart Inc, operator of membership warehouse clubs across the Americas, plans to double its store count in Jamaica to four by next year. “The company purchased land in Montego Bay, Jamaica, and…
December 9, 2025
Small businesses urged to meet with bankers ASAP post-Melissa
Small business operators who have suffered damage to their business or personal property from Hurricane Melissa are being urged to meet with their creditor institutions immediately in order to…
December 9, 2025
SBAJ wants help from both government and big business post-Melissa
In the wake of Hurricane Melissa, the Small Business Association of Jamaica, SBAJ, is urging the Jamaican government and big businesses to review policies to help micro, small and medium-sized…
December 9, 2025
by Luke Douglas
Widespread devastation for agri-sector
Egg farmers may have sustained greater losses during Hurricane Melissa than during Hurricane Beryl in July last year, according to anecdotal reports reaching the Financial Gleaner. However, the status…
December 9, 2025
Oran Hall | The path to financial recovery after a natural disaster
Hurricane Melissa has come and gone, but she will not be forgotten because of the life-changing effects she has inflicted on a significant portion of the Jamaican population. Eventually, each victim…