The food and finance conglomerate GraceKennedy Limited(GK) has codified a governance rule that ensures neither men nor women can hold less than 30 per cent of board seats. The requirement was outlined in its revised governance code released in late...
President Donald Trump’s plan to take control of Venezuela’s oil industry and ask American companies to revitalise it after capturing President Nicolás Maduro in a raid isn’t likely to have a significant immediate impact on oil prices. Venezuela’s...
Tesla lost its crown as the world’s bestselling electric vehicle maker on Friday as a customer revolt over Elon Musk’s right-wing politics, expiring US tax breaks for buyers and stiff overseas competition pushed sales down for a second year in a...
A 19th-century Georgian style property with ties to the Devon House estate has entered the market, with sellers asking US$3.4 million or J$550 million for just over half an acre. The price, among the higher end of listings, is being pitched as...
Reviewing your 2025 finances is an effective way to set the foundation for establishing your financial plan for 2026, for it will help you to see your successes and failures while showing the pitfalls to avoid. Done effectively, it can help you do...
The economy officially grew faster than initial estimates in the September quarter of 2025, before the onset of Hurricane Melissa. It expanded by 5.1 per cent, according to data from the Statistical Institute of Jamaica (Statin), the final...
US-based Bitmine Immersion Technologies, a crypto company listed on the New York Stock Exchange which also ventured into Caribbean operations, has reported year-end holdings of US$13.2 billion, combining crypto, cash, and strategic investments,...
Limners and Bards Limited (The LAB) reported that its annual profit to October fell by half to $40 million, but management indicated that this reflected continued investment in digital and owned content. The company expects these investments to...
AIC (Barbados) Limited has formally confirmed its obligation to make principal and interest payments in January totalling US$94.09 million to bondholders, following weeks of tension and a public ultimatum issued by investors. “[We] confirm that...
Supreme Ventures (SVL) announced that discussions are under way to divest the loan portfolio of its subsidiary, Evolve Loan Co, along with select assets, to microlender Dolla Financial Services Ltd. SVL will maintain its exposure to future growth...
Fewer Americans applied for unemployment benefits last week with layoffs remaining low despite a weakening labour market. US applications for jobless claims for the week ending December 27 fell by 16,000 to 199,000 from the previous week’s 215,...
Financial services firm Proven Group Limited (PGL) expects to earn US$61.7 million in revenue from the sale of its real estate units in St Ann, which would build on its half-year performance. “The group’s performance is still set to benefit from...
Vodafone Group Plc, one of the world’s largest telecoms companies, has reached a final settlement valued at US$256 million with Vodafone Idea Limited (Vi) over liabilities dating back to their 2017 merger in India. Under the deal, Vodafone will...
Some Federal Reserve officials who supported cutting a key interest rate earlier this month could have instead backed keeping the rate unchanged, minutes released on Tuesday show, underscoring the divisions and uncertainty permeating the central...
A pro-Russian hacking group claimed responsibility for a major cyberattack that halted package deliveries by France’s national postal service just days before Christmas, prosecutors said in December. After the claim by the cybercrime group known as...
US farmers are now learning how much aid they can expect to receive from a US$12-billion package that President Donald Trump announced earlier this month. The US Department of Agriculture released the figures on Wednesday for how much aid per acre...
Imagine the buffet. Forty thousand oysters, lobster worth US$400,000 and a cache of crabmeat all were stolen in separate incidents within weeks of each other in New England. The first seafood vanished on November 22 in Falmouth, Maine, where the...
By some measures, China’s economy is looking resilient, with strong exports and breakthroughs in artificial intelligence (AI) and other advanced technologies. But that is not how it feels for many ordinary Chinese, who have been enduring the strain...
US-based PayPal Holdings, Inc has formally applied to set up PayPal Bank, submitting applications to both the Utah Department of Financial Institutions and the Federal Deposit Insurance Corporation (FDIC), the company stated in a release. The move...
US stocks are slipping in afternoon trading Wednesday as Wall Street closes out a banner year for markets driven by both optimism and uncertainty. The S...
Jamaica’s remittance inflows, a lifeline for households across the island, fell sharply in October, registering an 8.3 per cent decline compared with the same month last year. It reflects one of the steepest declines since the start of the 2020...
The advice that legendary investor Warren Buffett offered on investing and life over the years helped earn him legions of followers who eagerly read his annual letters and filled an arena in Omaha every year to listen to him at Berkshire Hathaway’s...
Published:Wednesday | December 31, 2025 | 12:09 AM
Greg Abel faces the challenge of taking over Berkshire Hathaway from the legendary Warren Buffett later this week. Many regard Buffett as the world’s greatest investor after he grew Berkshire from a struggling New England textile mill that he...
