Wed | Oct 8, 2025

Business

Published:Friday | July 18, 2025 | 12:08 AM

In a filing with the Jamaica Stock Exchange, entertainment company Pulse Investments Limited said it has reassessed the usage of a key asset, the Villa Ronai property, and while residential development is still on the cards, the focus for the short...

Published:Friday | July 18, 2025 | 12:08 AM

More than 6,000 acres of land have been leased for agricultural production in the country’s agro parks and production zones by the Agro-Investment Corporation. According to figures supplied to the Financial Gleaner by Agro-Invest, more than 900...

Published:Friday | July 18, 2025 | 12:08 AM

India’s government is seeking to limit temperature settings on new air conditioners to save electricity in the country that is considered the fastest-growing market for them. The power minister proposed a rule in June requiring air conditioners...

Published:Friday | July 18, 2025 | 12:08 AM

Suriname’s state-owned oil and energy company, Staatsolie, has confirmed that the American oil and gas company Hess Corporation has decided to relinquish its interest in Block 59 offshore Suriname. “Hess has fulfilled its minimum-work obligations...

Published:Thursday | July 17, 2025 | 12:09 AM

Tesla Inc opened its first showroom in India on Tuesday, marking the electric vehicle maker’s long-anticipated début in the world’s third-biggest automotive market. Located in the Bandra-Kurla Complex, an upscale business centre in the financial...

Published:Wednesday | July 16, 2025 | 6:44 PM

Motorists will pay more for gas on Thursday. The state-owned oil refinery, Petrojam, says E-10 87 is to move up by $1.04 to sell for $161.78 per litre and a litre of E-10 90 will go up by $0.90 to sell for $168.78. Automotive diesel oil will...

Published:Wednesday | July 16, 2025 | 12:10 AM

Port operator Kingston Wharves Limited has acquired a substantial stake in port services company Cargo Handlers Limited, CHL, and has an option to purchase additional shares, but says its future plans don’t include a takeover of the Montego Bay-...

Published:Wednesday | July 16, 2025 | 12:09 AM

Consumer and business confidence rose in the second quarter of 2025, even as business leaders expressed uncertainty about the United States market. The consumer confidence index rose 1.4 per cent to 186.3 points in the second-quarter 2025 compared...

Published:Wednesday | July 16, 2025 | 12:07 AM
Published:Wednesday | July 16, 2025 | 12:06 AM

Studies show that 80 per cent of victims of ransomware will receive another attack, according to a specialist in the field of cybersecurity based in Trinidad and Tobago. But David Green, Managing Director of CYPFER, a global cybersecurity and...

Published:Wednesday | July 16, 2025 | 12:06 AM

Caribbean Cement Company Limited, the maker of Carib Cement, projects a 150,000 tonne increase in output in 2026. Managing Director Jorge Martinez reported to the company’s shareholders that one month into the operation of the newly upgraded plant...

Published:Wednesday | July 16, 2025 | 12:05 AM

Director of Public Prosecutions Paula Llewellyn is calling on financial institutions in the Caribbean to establish an organisation and fraud-alert systems to address the problem of cybercrime on a regional level, which she says is fleecing the...

Published:Tuesday | July 15, 2025 | 12:08 AM

European Union trade ministers agreed Monday that the announcement of 30 per cent tariffs on the European Union was “absolutely unacceptable” and are studying a new set of countermeasures to respond to the move. The ministers met Monday in Brussels...

Published:Sunday | July 13, 2025 | 12:14 AM

Tesla has scheduled an annual shareholders meeting for November, one day after the electric vehicle company came under pressure from major shareholders to do so. Billionaire Elon Musk’s company said in a regulatory filing on Thursday that the...

Published:Sunday | July 13, 2025 | 12:14 AM

United States Treasury Secretary Scott Bessent and Jared Bernstein, former President Joe Biden’s chief economist, appear to agree that US interest rates are too high. So, are we about to see a bipartisan consensus in favour of cutting them? That...

Published:Sunday | July 13, 2025 | 12:13 AM

President of Brazil Luiz Inácio Lula da Silva said Thursday that he will impose retaliatory tariffs on the United States if President Donald Trump follows through on a pledge to boost import taxes by 50 per cent over the South American country’s...

Published:Sunday | July 13, 2025 | 12:13 AM

Is This You? It’s the start of a new month and your business account is empty. In June, you barely managed to pay your staff. The rent was late. It was a struggle to pay the JPS electricity bill and your suppliers. When the dust settled, you couldn...

Published:Sunday | July 13, 2025 | 12:11 AM

Is a defined benefit pension fund or a superannuation fund an irrevocable trust? A superannuation fund and an irrevocable trust are set up for different purposes and have some similarities, but are different due largely to the legal framework and...

Published:Sunday | July 13, 2025 | 12:09 AM

As jobseekers look for work in a challenging environment, an increasing number are falling victim to job scams that promise good pay for completing easy online tasks, according to the Federal Trade Commission of the United States. The scams start...

Published:Sunday | July 13, 2025 | 12:09 AM

Jamaica’s Fair Trading Commission, FTC, is recommending “urgent reform” for the credit bureau sector, inclusive of credit information. “Mandate reciprocal data-exchange contracts,” the FTC urged in its now completed report the credit bureau system...

Published:Sunday | July 13, 2025 | 12:05 AM

Global financial services experts say Barbados is among the leading insurance centres in the Western Hemisphere. It ranks behind the Cayman Islands and Bermuda. Its insurance industry assets amounted to US$174 billion in September 2024. By this...

Published:Friday | July 11, 2025 | 12:10 AMSteven Jackson - Senior Business Reporter

Some farmers and processors are raising concerns about data ownership, the exposure of trade secrets, and costs associated with the phased start of a blockchain traceability platform by the commodities regulator, which aims to protect Jamaica’s...

Published:Friday | July 11, 2025 | 12:10 AM

The European Union has launched a fresh privacy investigation of TikTok into user data sent to China, regulators said Thursday. The Data Protection Commission opened the inquiry as a follow up to a previous investigation that ended earlier this...

Published:Friday | July 11, 2025 | 12:10 AM

Italian confectioner Ferrero, known for brands like Nutella and Kinder, is buying the century-old American cereal company WK Kellogg in an effort to expand its North American sales. The Ferrero Group said Thursday it will pay US$23 for each Kellogg...

Published:Friday | July 11, 2025 | 12:09 AM

Jacinth Hall-Tracey will step down as managing director of Lasco Financial Services Limited in less than six months, having worked with the company for two decades in different capacities. Her tenure comes to an end on December 31, having overseen...

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