Business
Updated 18 hours ago
RJRGLEANER Communications Group enters agreement for sale of Gleaner building
The RJRGLEANER Communications Group has announced it has entered an agreement with LP Azar Limited for sale of the Gleaner building at 7 North Street, Kingston.
May 10, 2026
NCB Update
The conglomerate NCB Financial Group Ltd (NCBJ) reported net profit of $5.2 billion for the quarter ended March 2026, down sharply from $17 billion in the same period a year earlier — a decline driven…
May 10, 2026
Higher air fares as Spirit's low-price floor vanishes
The cheapest one-way seat from Fort Lauderdale to Kingston cost US$107 when Spirit Airlines was flying. Today, it starts at about US$157 — nearly 50 per cent more — based on current fares on online…
May 10, 2026
Massy sells Jamaica distribution arm at over J$2b loss
Massy Holdings Limited has booked a TT$105.3 million loss — equivalent to more than J$2.3 billion — on the sale of its Jamaican distribution subsidiary to a Trinidad and Barbados-backed consumer goods…
May 10, 2026
US employers defy economic shock from Iran war and add a surprisingly strong 115,000 jobs in April
America's employers delivered a surprising 115,000 new jobs last month despite an economic shock from the Iran war.
Hiring beat the 65,000 jobs forecasters had expected, though it decelerated…
May 8, 2026
by Neville Graham
Jamaican Teas growing faster than it can build
Jamaican Teas Ltd has nearly exhausted the capacity of its rural St Andrew headquarters less than two years after relocating to a facility almost twice the combined size of its previous operations.
May 8, 2026
Mayberry loss widens to $2.2 billion in first quarter
Securities dealer Mayberry Group Ltd posted a net loss of $2.2 billion for the first quarter ended March 2026, about one-third worse than a year earlier, as continued equity market volatility hammered…