Business

Residents walk through Santa Cruz, Jamaica, after Hurricane Melissa passed.
December 9, 2025

Yaneek Page | Resilience or ruin: the financial reckoning facing Jamaican entrepreneurs

After the clouds clear, the wind dies down, and the floodwaters retreat, the real reckoning begins. This is not abstract or distant forecast. It is our neighbours hauling fallen trees and zinc from…
NCB says assessments are still under way across its network, and additional branches will reopen once conditions are deemed safe.
December 9, 2025

Some NCB branches to reopen Thursday

The National Commercial Bank Jamaica Limited (NCB) says it will resume operations at eight branches on Thursday. It says this is part of its phased recovery efforts following the impact of Hurricane…
A man takes photographs of the rising waves at Caribbean Terrace in Kingston, as Hurricane Melissa approaches Jamaica.
December 9, 2025

Stock market closed for second day due to Melissa

The stock market remains closed for a second day as the effects of Hurricane Melissa continue to be felt across Jamaica. The Jamaica Stock Exchange said in an advisory that no trading would take place…
Gabriel Cabrera, president of the Venezuelan Youth Center for Democracy, gives a statement outside of the United States embassy with members of the organisation holding signs that read in Spanish “Intervention is not the solution”, in reference to US w
December 9, 2025

Venezuela suspends energy agreements with Trinidad as it hosts US warship

Venezuela on Monday suspended energy agreements with Trinidad & Tobago, over what officials have described as “hostile” actions by the island nation. Trinidad is now hosting one of the US warships…
Argentina’s President Javier Milei waves to supporters after voting during legislative midterm elections in Buenos Aires, Argentina, Sunday, October 26, 2025.
December 9, 2025

Big win in midterm vote for Argentina’s President Milei boosts markets

Markets in Argentina rallied, the peso surged, and government bonds jumped on Monday as President Javier Milei hailed his party’s resounding victory in midterm congressional elections as a mandate to…
Chinese Premier Li Qiang (right) reacts as he, along with Malaysian Prime Minister Anwar Ibrahim (centre) inspects a car produced by Malaysia’s national automaker, Proton, in which China’s Zhejiang Geely Holding Group holds a 49.9 per cent stake, ahead
December 9, 2025

China pitches itself as alternative to US protectionism

China signed an expanded version of a free trade agreement Tuesday with the Association of Southeast Asian Nations, with Premier Li Qiang pitching expanded economic ties with Beijing as an alternative…
A shopper uses the Amazon app to pay for his purchase at the Amazon 4-star store in the Soho neighbourhood of New York, in this September 27, 2018 photo.
December 9, 2025

Amazon cutting 14,000 corporate jobs as spending on AI accelerates

Amazon will cut about 14,000 corporate jobs as the online retail giant ramps up spending on artificial intelligence while cutting costs elsewhere. In June, CEO Andy Jassy, who has aggressively sought…
People cross a street, with Russian oil company Lukoil’s headquarters seen in the background, in Moscow, Russia, on Thursday, October, 23, 2025.
December 9, 2025

Russian company Lukoil to sell international assets in response to new sanctions

Russian oil company Lukoil says it is selling its international assets in response to sanctions imposed by the United States that aim to push Russia to agree to a ceasefire in its war against Ukraine.…
People walk on a street enveloped in smog, in New Delhi, India, on Tuesday, October 28, 2025.
December 9, 2025

India conducts cloud-seeding trial to clear New Delhi’s smog

Indian authorities in late October carried out a cloud-seeding experiment over smog-choked New Delhi in an attempt to induce rainfall and clear the city’s toxic air, which has sparked anger among…