Business

Business
March 1, 2026

Trump orders US agencies to stop using Anthropic technology in clash over AI safety

The Trump administration on Friday ordered all US agencies to stop using Anthropic’s artificial intelligence (AI) technology and imposed other major penalties, culminating in an unusually public clash…
February 27, 2026

Regulator orders drug divestment for $30-billion-plus insulin market

Acado Limited, a Caribbean joint venture, must sell the local distribution rights to one of its insulin brands by September 2026 — or lose the right to complete a landmark acquisition, according to a…
From left: Senator Aubyn Hill, minister of industry, investment and commerce; Handel Lamey, construction manager, Derillion; Benjamin Daley, director, Derillion; Rochelle Lewis, manager, Manufacturing, Logistics and Special Economic Zones, JAMPRO; Shullett
February 27, 2026

Battery plant set for St Catherine at US$30m

A British-Jamaican green energy consortium plans to set up a high-voltage battery manufacturing facility in St. Catherine, in what would be the first plant of its kind in the island. Aqvastor…
February 27, 2026

BOJ predicts stable US dollar

The Bank of Jamaica (BOJ) projects that the US dollar will remain largely stable against Jamaica’s major trading partners over the next two years, though the central bank stopped short of offering a…
Business
February 27, 2026

Jamaica powers Excelerate Energy to record year, despite hurricane setback

Excelerate Energy delivered record financial results in 2025, with its Jamaican operations emerging as the single biggest driver for the US-based liquefied natural gas (LNG) company. The company…
Caribbean Producers Jamaica Chairman Richard Pandohie.
February 27, 2026

CPJ quarterly sales slashed in half

Caribbean Producers Jamaica Limited (CPJ), which provides food and beverage to the hotel trade, reported that its quarterly revenue were slashed in half due to travel disruptions caused by Hurricane…

The destruction caused by Hurricane Melissa on a MegaMart store in Montego Bay.
February 27, 2026 by Cedric Stephens

Cedric Stephens | Risk and insurance: Solar panels, salvage rights, and the struggle for fair hurricane claims

Hurricane Melissa is healing my recurring ambivalence about writing this nearly three-decade-old column. The first sign that the process had started was an email from a leading environmentalist. The…
Exterior view of the head office of ASML, a leading maker of semiconductor production equipment, in Veldhoven, Netherlands, on January 30, 2023. (AP Photo)
February 27, 2026

Francis Wade | The five-year plan that killed a 50-y-o company: An AI supplier case study

Your company is doing much right. Your executives, however, are uneasy about the future and what might be waiting over the horizon. These fears are genuine, but do they warrant a hearing? Consider a…
Business
February 27, 2026

JSE Summary and tables

In Thursday’s trading session the following reflects the movement of the JSE Indices: • The JSE Combined Index advanced by 888.78 points (0.25%) to close at 352,983.91 points and the volume traded…