Business

04 Oct, 2026 0

Sagicor rates Scotia buyout offer acceptable

The raised offer to buy out Scotia Group Jamaica’s (SGJ) minority shareholders is acceptable, according to the insurance group Sagicor whose pooled equity funds tally to the second-largest holders of…
Catapillar Cat374 hydraulic excavator.
04 Oct, 2026 0

Massy sells Trinidad Caterpillar business for US$16 million

Conglomerate, Massy Holdings Ltd has announced the sale of its Caterpillar (CAT) line of business in Trinidad and Tobago for US$16 million and expects to record a loss on the sale of US$9.8 million.…
Yaneek Page
04 Oct, 2026 0

Yaneek Page | Stop telling unemployed graduates to ‘just start a business’

For over a year, my friend’s son has been waking up to the same unsettling routine: tailor his résumé, modify the cover letter, submit the applications, keep checking for a response, and continue to…
Specialist Dilip Patel works on the floor of the New York Stock Exchange, Thursday, July 30, 2026, in New York.
04 Oct, 2026 0

US stocks rose near record levels after latest jobs report eased worries

US stocks climbed near their all-time high on Friday after the latest update on the U.S. job market cooled worries that a potentially hot U.S economy could make inflation much worse. The S&P 500…
A Coherent manufacturing facility in Sherman, Texas, Tuesday, June 16, 2026.
04 Oct, 2026 0

US economy grew 2.2 per cent in the second quarter, government says, upgrading previous estimate

The US economy grew at a solid 2.2 per cent pace from April through June as consumer spending and business investment came in strong. Growth in gross domestic product – the nation’s output of a goods…
The Portmore, St Catherine JMMB location.
02 Oct, 2026 0

JMMB Group watching interest rates hikes, adds that Guyana market difficult to enter

Large financial provider JMMB Group Ltd said it is closely monitoring US interest rates and Middle East tensions, while flagging the Guyanese market as difficult to enter. “It’s a little volatile…
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Fesco gas station on Beechwood Avenue in  St Andrew.
02 Oct, 2026 0

Fesco opening more stations

Future Energy Source Company Ltd (FESCO) plans to open two more dealer-owned service stations this year, which would take its network to 26 islandwide. The expansion follows record sales and rising…
Dr Ike Johnson
02 Oct, 2026 0

Sygnus co-founder Ike Johnson to step down as COO

Sygnus Capital Group Ltd says co-founder Dr Ike Johnson will leave his post as executive vice-president and chief operating officer (COO) on December 31, ending a decade in the senior ranks of the…
Payoneer offices.
02 Oct, 2026 0

Payoneer renews Etsy deal, but most Jamaican sellers remain shut out

Payoneer, the cross-border payments company many Jamaicans use to collect overseas earnings, has renewed its partnership with global marketplace Etsy through to 2029. The renewal continues Payoneer…