Sat | Dec 13, 2025

Business

Published:Sunday | November 30, 2025 | 12:07 AM

AI is often portrayed as the harbinger of a prosperous, more efficient future. But the machines driving this revolution depend on a resource far older – and far more contested – than data or electricity: water. As the Heinrich Böll Foundation’s...

Published:Sunday | November 30, 2025 | 12:07 AM

The Consumer Affairs Commission, CAC, recovered $17.21 million as compensation for aggrieved customers from 971 complaints for the period April to November, 2024, according to the Jamaica Information Service. By protecting consumers from financial...

Published:Sunday | November 30, 2025 | 12:06 AM

As was expected, the government’s provisional estimate of the damage caused by Hurricane Melissa has increased. In one instance, the numbers climbed from a base of US$6-7 billion to US$8.8 billion. In the other, a newspaper editorial reported an...

Published:Friday | November 28, 2025 | 12:08 AM

Blue Power Group Limited, a manufacturer of cake and bar soaps, is preparing to enter the market for liquid soaps within the next two years. “Our end goal is to expand beyond just bar soaps. Our team is on the ground gathering all the consumer data...

Published:Friday | November 28, 2025 | 12:07 AM

Lumber Depot Limited is expecting increased business, at least for the remainder of 2025, as property owners affected by Hurricane Melissa look to rebuild their damaged homes. But beyond that, the impact is uncertain, as many of the construction...

Published:Friday | November 28, 2025 | 12:07 AM

GraceKennedy Limited has posted mixed results for the nine months ended September. While revenues climbed, profits faltered – and Hurricane Melissa has added a new layer of complexity and may further brunt the food and financial services...

Published:Friday | November 28, 2025 | 12:07 AMSteven Jackson - Senior Business Reporter

Travellers to Jamaica fell sharply in October 2025, underscoring the immediate impact of Hurricane Melissa on the country’s tourism and travel markets. Despite making landfall just three days prior to month-end, the storm caused double-digit...

Published:Friday | November 28, 2025 | 12:07 AMNeville Graham - Business Reporter

Seprod Limited delivered another quarter of robust revenue growth, buoyed by its regional acquisitions and expanded distribution footprint. However, the gains at the top line have not translated into commensurate improvements in profitability, as...

Published:Thursday | November 27, 2025 | 3:04 PMSteven Jackson - Senior Business Reporter

Bondholders are set to vote in December on terms for payment or an extension of the outstanding bonds issued by companies ultimately controlled by investor and chairman of Portland Private Equity, Michael Lee-Chin. Arising out of a meeting convened...

Published:Thursday | November 27, 2025 | 12:07 AM

Britain’s centre-left Labour government sought to seize the political narrative Wednesday with a tax-raising budget that it hopes will boost economic growth, reduce child poverty and ease cost-of-living pressures. But the budget’s contents were...

Published:Wednesday | November 26, 2025 | 12:08 AMSteven Jackson/ - Senior Business Reporter

The Planning Institute of Jamaica, PIOJ, says said that while the country should expect a recession, steps are being taken to strengthen the economy’s ability to withstand future weather shocks. The agency is forecasting economic decline in the...

Published:Wednesday | November 26, 2025 | 12:07 AM

China’s Alibaba Group posted a 34 per cent jump in revenue from its cloud business in its most recent quarter, buoyed by the boom in artificial intelligence. But overall revenue at the Chinese tech group for the July-September quarter increased by...

Published:Wednesday | November 26, 2025 | 12:07 AM

After an agreement from UN climate talks in the Amazon that fell short of many nations’ expectations, experts found some bright spots alongside weighty reasons for worry in the fight against global warming. The Associated Press asked 17 experts –...

Published:Wednesday | November 26, 2025 | 12:06 AM

On October 28, Jamaica witnessed a once-in-a-generation storm, a Category 5 hurricane, the largest to make landfall on the island since Hurricane Gilbert in 1988, and we are just beginning to understand the depth of the damage and the effort it...

Published:Wednesday | November 26, 2025 | 12:06 AMLuke Douglas/ - Senior Business Reporter

In the wake of Hurricane Melissa, Spur Tree Spices Jamaica Limited says it manufacturing operation has suffered no downtime due to its decision to stockpile raw material for the range of seasonings and sauces it produces. It comes amid extensive...

Published:Wednesday | November 26, 2025 | 12:06 AM

VM Investments Limited has produced its best results in the third quarter, after two periods of losses, year-to-date, but is uncertain what the next period will bring as it assesses the operational and economic fallout of Hurricane Melissa. “...

Published:Wednesday | November 26, 2025 | 12:05 AM

Sygnus Real Estate Finance Limited has closed its financial year on a strong note, with a 150 per cent surge in net profit, buoyed by significant fair value gains on investment properties and joint ventures. Reporting to investors, Chief Investment...

Published:Tuesday | November 25, 2025 | 12:09 AM

Brazil’s Vice President Geraldo Alckmin on Friday hailed US President Donald Trump’s order to remove the additional import tariffs on some agribusiness products as “significant progress”, but said the country will keep pushing for more exemptions...

Published:Monday | November 24, 2025 | 7:12 PM

The Bank of Jamaica (BOJ) has opted to keep its policy rate unchanged at 5.75 per cent per annum, amid mounting inflation pressures following the passage of Hurricane Melissa. The decision was taken during meetings of the Monetary Policy...

Published:Sunday | November 23, 2025 | 12:12 AM

More swings hit Wall Street on Friday, except the US stock market finished higher this time. After bobbing up and down through the morning, the S...

Published:Sunday | November 23, 2025 | 12:11 AM

Verizon is laying off more than 13,000 employees in mass job reductions that arrive as the telecommunications giant says it must “reorient” its entire company. The job cuts began on Thursday, per a staff memo from Verizon CEO Dan Schulman. In the...

Published:Sunday | November 23, 2025 | 12:10 AM

President Donald Trump is considering pressuring states to stop regulating artificial intelligence (AI) in a draft executive order obtained by The Associated Press. Some in Congress are also weighing whether to temporarily block states from...

Published:Sunday | November 23, 2025 | 12:10 AM

France’s government is taking action against artificial intelligence chatbot Grok, which was launched by a company owned by billionaire Elon Musk, after it generated inaccurate French language posts about the use of gas chambers at Auschwitz,...

Published:Sunday | November 23, 2025 | 12:10 AM

Imagine your fellow executives adopting a dangerous belief: people only perform when threatened by a crisis like Hurricane Melissa. This point of view sounds plausible, but it worries you. On the positive side, Jamaica’s recent tragedy brought out...

Published:Sunday | November 23, 2025 | 12:09 AM

Fears about the artificial intelligence boom turning into an overblown bubble have diminished for now, thanks to a stellar earnings report from Nvidia that illustrated why its indispensable chips transformed it into the world’s most valuable...

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