Kintyre Holdings, the Junior Market company, aims to raise US$500,000 in private equity funding to finance operations. Earning nearly three-quarters of a billion dollars in profit over six months has…
The day after Hurricane Melissa passed, many Jamaicans walked outside to find a different world. The roofs of their houses were gone. Trees lay across roads. Businesses were shuttered. Some families…
Danish jewellery company Pandora has opened the world’s largest fine-jewellery crafting facility in Vietnam, a US$150-million factory powered entirely by renewable electricity and using 100 per cent…
More than 21,000 Jamaicans were no longer employed in July, with most of the losses concentrated in formal jobs, even as the country's unemployment rate remained near historic lows, according to…
Carnegie Mellon University announced on Wednesday that hedge fund chief executive Ken Griffin is donating $3 billion, with the bulk of the money for a new campus in Miami focused on societal…
Turkey’s ruling party accepted the resignation of a deputy chair on Sunday after she was accused of selling shares worth tens of millions of dollars shortly before a stock market crisis. Turkish…
Canada-owned Scotiabank raised its offer to buy out the minority shareholders of Scotia Group Jamaica (SGJ) to $75 a share from $61.50, days before they vote. At $75, the offer values the roughly 848…
Inflation is a thief: it steals purchasing power, it steals the value of interest on savings accounts, it steals the value of some forms of investment income, and it steals living standards. It does…
Online education firm EduFocal Ltd won shareholder approval at its annual general meeting (AGM) to change its name to Walstron Ltd, broaden its business and issue new shares as compensation, despite…