Business

Ministry of Finance building, National Heroes Circle, Kingston.
Updated 7 hours ago

Jamaica offers premiums to buy back US$2.3b in bonds

The Government of Jamaica (GOJ) wants to pay out investors holding three bonds valued at US$2.33 billion, offering premiums above face value on the debt. “GOJ announces an invitation for offers to tender for cash,” stated a notice headline on the Government’s offer.

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Contributed H10 Hotels property in Trelawny.
Updated 7 hours ago

H10 Hotels rebrands its Trelawny property as an adults-only luxury resort

Spain-based H10 Hotels will convert its Ocean Eden Bay property in Coral Spring, Trelawny, into an adults-only luxury resort under a new brand. Effective November 1, the Jamaican property will be…
Medical Disposables & Supplies Limited on Hagley Park Road, Kingston.
Updated 7 hours ago

MDS suspended from JSE trading after delays

Medical Disposables & Supplies Limited (MDS) has been suspended from trading on the Jamaica Stock Exchange (JSE) after failing to submit its audited financial statements for the year ended March…
Bran bread, contributed from Purity’s 2025 annual report.
Updated 7 hours ago

Purity plans 18-month plant overhaul

Consolidated Bakeries Ltd, which trades as Purity, has warned shareholders it will take production offline at points over the next 18 months as it installs new plant. Also, its second-half results…
Oran Hall
Updated 7 hours ago

Oran A Hall | Financial insights from the rain

Three afternoons of rainfall have made a world of difference – cooler temperatures, greener, healthier-looking plants and grass. Although it is still early to say the drought has ended, the crops will…
AP Brian Glick, who is fighting to recover the $575,000 stolen from him by a scammer online, joins a group call with other scam victims at his home, where he also produces a podcast on the subject, on Wednesday, June 25, 2025, in Ballston Lake, New York,
Published 12 hours ago

Scams in the US are at a record high, yet most victims get no help

When Simon’s wife of 43 years passed away, it felt a bit like he’d died too. In his overwhelming grief, Simon sought companionship online, like so many other lonely widows and widowers. Almost…
Contributed NVIDIA’s Voyager headquarters in the USA.
Published 12 hours ago

Nvidia to spend $13 billion on Hugging Face, which will remain an open source platform

Chipmaker Nvidia is buying artificial intelligence software platform Hugging Face for US$12.93 billion. Nvidia CEO Jensen Huang wrote in a blog post on Thursday that more than 18 million developers,…
AP A hiring sign for sales professionals is displayed at a store in Vernon Hills, Illinois, on Wednesday, April 15.
Published 12 hours ago

Unemployment claims tick up to 206,000 but remain at historically low levels

More Americans filed for unemployment benefits last week, but lay-offs are still rare and jobless claims remain at historically low levels. The Labor Department reported on Thursday that filings for…
Google campus.
Published 12 hours ago

Judge orders changes to Google’s digital ads business but spares it from a break-up

A federal judge on Wednesday ordered Google to retool the system powering its monopoly in digital advertising, sparing the company from a wrenching break-up sought by the US government. The initial…
The US Federal Reserve is seen from the Washington Monument on Tuesday, September 1 in Washington, DC. AP
Published 12 hours ago

Fed’s Waller says central bank’s next rate move depends on upcoming inflation report

US Federal Reserve Governor Christopher Waller said on Thursday that an inflation report next week will largely determine whether he supports an interest rate hike later this month or not. The…