Mexican authorities are accusing sportswear company Adidas of plagiarising artisans in southern Mexico, alleging that a new sandal design is strikingly similar to the traditional Indigenous footwear known as huaraches. The controversy has fuelled...
Just months after emerging from Chapter 11 bankruptcy, Spirit Airlines is warning about its future ability to stay in business. Spirit Aviation Holdings, the budget carrier’s parent company, says it has “substantial doubt” about its ability to...
As African leaders gather in Cape Town for the African Water Investment Summit, August 13-15, there can be no equivocation: the world faces an unprecedented water crisis that demands a paradigm shift in how we value and govern our most precious...
Shrugging off losses that broke its winning streak after more than three decades of operation, Paramount Trading Jamaica Limited is back in the black for year ending May 2025. In its newly released year-end financial report, the chemicals company...
NCB Financial Group executives mounted a robust defence as the banking and insurance conglomerate’s stock traded at one-third its value. “There’s a dissonance between what the business is doing and the stock price,” said Chairman Michael Lee-Chin...
FosRich Company Limited achieved higher sales volumes but falling revenue, due to cost declines for PVC and solar panels on the world market that were passed on to customers in the form of price reductions, it said in its report to shareholders....
Progressive Grocers of Jamaica plans to deepen its footprint in St Ann. The latest project, a proposed 7,607-square metre commercial complex at Windsor Estate received environmental and planning approvals in July from the National Environment and...
Nvidia and AMD have agreed to share 15 per cent of their revenues from chip sales to China with the United States government, as part of a deal to secure export licences for the semiconductors. The Trump administration halted the sale of advanced...
Democratic societies require free and fair elections and an independent and impartial judiciary that resolves disputes without regard to the identity of the parties. Unless the laws that democracies give themselves are enforced impartially and...
OpenAI on Thursday released the fifth generation of the artificial intelligence technology that powers ChatGPT, a product update that’s being closely watched as a measure of whether generative AI is advancing rapidly or hitting a plateau. GPT-5...
Treasury bills are government short-term debt instruments issued through the Bank of Jamaica. They serve the double purposes of helping to fund government spending and manage liquidity in the market, while providing a means for investors to earn...
It’s been just over two years since the COVID-19 pandemic was declared over by the World Health Organization. Masks are gone, events are back, school is face-to-face again, travel restrictions are behind us, and no-movement days are a distant...
QUESTION: Is motor insurance available in Jamaica to cover my Tesla Model S with an Autopilot system? My family and I live in Houston, Texas. I am planning to ship my household goods and car to the island when we return home next summer. Can you...
Cost-cutting and product innovation, backed by heavy marketing and advertising at gaming and lottery company Supreme Ventures Limited, SVL, have combined to deliver nearly two-thirds higher profit in the June second quarter. Executive Chairman Gary...
The Gleaner Company Media Limited (GCML) and Jamaica Observer Limited (JOL) have signed a Memorandum of Understanding (MOU) to examine the feasibility of using common printing and distribution logistics services. In a media release on Friday...
A disruption to a system housing United Airlines’ flight information that caused more than 1,000 delays has been resolved, but delays continued into Thursday. The impacted system, called Unimatic, houses flight information that is fed to other...
The Bank of England cut its main interest rate on Thursday by a quarter percentage point to 4.0 per cent, as policymakers seek to bolster the sluggish United Kingdom economy. Thursday’s decision was widely anticipated in financial markets as the...
The leader of Haiti’s Transitional Presidential Council claimed on Wednesday that one of its communications employees was threatened and forced to publish a press release about a key contract involving the country’s biggest port and two well-known...
The Economic Commission for Latin America and the Caribbean, ECLAC, is warning that the region will experience a prolonged period of low growth, and that it is estimated that economic output, or gross domestic product, will expand by just 2.2 per...
Lasco Financial Services Limited, LFSL, more than doubled its quarterly profit for the period ending June 2025, posting earnings of $40.5 million – an increase of 125 per cent over the prior year. The profit surge was attributed to revenue growth,...
The Government plans to expand free public Wi-fi by 40 per cent this fiscal year, with a new tender for broadband services in Ocho Rios, St Ann, forming part of the wider push to modernise the national digital infrastructure. The expansion, however...
You don’t have to place your ear to the ground to hear the rumble. People are saying what was once unthinkable: the United States could be headed toward a public debt crisis. One common refrain is that the US has been behaving like an emerging...
Four Caribbean central banks are launching a pilot project to develop an alternative payment system aimed at reducing reliance on the US dollar for trade and remittances. Spearheaded by the Eastern Caribbean Central Bank, ECCB, the initiative...
