Sun | Jan 23, 2022

Business

Anthony Dunn, COO of SSL Ventures.

Listed junior market company SSL Venture Capital Jamaica Limited, SSL Ventures, has received a takeover offer that could see the acquiring party purchasing 100 per cent shareholding in the company, in a deal expected to close in early April. The...
Aldwyn Wayne, founder of WiPay.

Regional payment portal provider WiPay Caribbean, which has been ramping up its business in Jamaica in recent times, hopes to later this year offer its clients in Jamaica and elsewhere in the Caribbean, the opportunity to use its payment platform...
Jason Morris, co-founder and chief investment officer of Sygnus Capital.

Real estate financing firm, Sygnus Real Estate Finance, SRF, which chalked up a $100 million loss for the quarter ended November 30, 2021, is now leading the buildout of an industrial and logistics park in the Lakes Pen area of St Andrew that was...

Fast-food chain McDonald’s is expanding sales of its meatless McPlant burger to hundreds of locations in the United States. The company said the McPlant, which it co-developed with plant-based protein company Beyond Meat, will be sold at 600 stores...

New York City’s new mayor, Eric Adams, plans to convert his first paycheque into two cryptocurrencies, which he has been hyping as a potential economic engine for the city. The Democrat’s office announced on Thursday, January 20, that Adams’ first...

French energy conglomerate TotalEnergies has asked the American and French governments to support targeted sanctions against Myanmar’s oil and gas funds, the largest single source of income for the country’s military leaders. In a letter to Human...

Netflix delivered its latest quarter of disappointing subscriber growth during the final three months of last year, a trend that management foresees continuing into the new year as tougher competition is undercutting the video-streaming leader. The...

One year after creditors called their investment for non-payment of bond interest, the takeover of the assets of indebted attractions owner and operator Mystic Mountain Limited, MML, was averted on Tuesday when a ruling was handed down in the...

D errimon Trading Company has acquired the business and assets of Spicy Hill Farms, a Trelawny-based business that deals in the manufacturing of dried agricultural products, soup and spice mixes. The new subsidiary will be the first food...

T he Royal Jamaican ginger-flavoured beer is back in production after a three-year hiatus, and in its comeback the owners are aiming for markets both inside and outside Jamaica. Founders of RJ Rums and Spirits, Rick Anand and Peter Wong, have...
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