Business
21 Aug, 2026
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Alibaba quarterly profit drops 75% as AI investment spending grows
China’s technology giant Alibaba on Thursday reported a 75 per cent drop in profit for the latest quarter as it invested big in artificial intelligence (AI) infrastructure, even as revenue coming from…
21 Aug, 2026
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Higher yields in bond market and drop for Walmart drag US stocks lower
A rise in oil prices on Thursday is sending worries about inflation and yields in the bond market higher, erasing some of the relief the United States Treasury Department created the day before. The…
20 Aug, 2026
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Google unveils latest Pixel phones with slimmer cameras and more AI features
Google on Wednesday unveiled its latest line-up of Pixel phones, with slimmer cameras that include more a powerful zoom and artificial intelligence features designed to help users accomplish things…
19 Aug, 2026
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Dolphin Cove seats new board members, as buyer takes control
Dolphin Cove Limited shareholders on Monday approved four new directors nominated by Global Attractions Limited, the Saint Lucia-based entity that agreed in July to acquire a 79.99 per cent stake in…
19 Aug, 2026
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Modular homes worth $3.1b arriving
Families displaced by Hurricane Melissa are set to receive modular homes as the bulk of 2,500 units purchased by the National Housing Trust (NHT) under a $3.1 billion emergency contract with Chinese…
19 Aug, 2026
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Jamaica’s net remittances jump 9.3% in June, marking strongest monthly gain this year
Net remittance inflows to Jamaica rose 9.3 per cent in June to US$292.8 million, the sharpest year-over-year monthly increase so far in 2026, according to data published by the Bank of Jamaica. The…
19 Aug, 2026
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Kingston air traffic grows while Montego Bay passenger volumes and Falmouth cruise arrivals lag
Airport and cruise arrivals to the island point to an uneven summer recovery. The Norman Manley International Airport (NMIA) in Kingston posted passenger growth in July, bucking a broader pattern of…
19 Aug, 2026
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Jamaica’s cocoa output halves as ageing trees drag production to new lows
Jamaica’s cocoa production has fallen to roughly half its recent output, constrained by an ageing tree stock and a greying farmer base. It has prompted calls to fast-track an ongoing national…
19 Aug, 2026
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Pinnacle hires hospitality veteran to steer US$450m Montego Bay towers to completion
LCH Developments has appointed Joel Tate, a veteran hospitality construction executive, as director of project management for The Pinnacle, the US$450-million four-tower residential development…