Business
June 5, 2026
by Neville Graham
Kingston Wharves looking to double business in two years
Kingston Wharves Limited (KWL) said it would invest US$20 million (J$3 billion) initially to double its capacity if it were to acquire lands that include the Tinson Pen Aerodrome.
"We feel very…
June 5, 2026
by Neville Graham
Derrimon targets release of overdue accounts by month end to lift JSE suspension
Derrimon Trading Company Ltd expects to release its overdue 2025 audited financial statements by June 30, the food distributor said, after problems with its accounting platform delayed the accounts…
June 5, 2026
by Luke Douglas
Stanley Motta profit rises 45% on strong rental growth
Stanley Motta Limited operations improved during its March 2026 first quarter from increased occupancy, but also, the company increased the value of its real estate investment.
“This increase…
June 5, 2026
Oran Hall | Making sense of high interest rates
Bank of Jamaica (BOJ) Governor Richard Byles is not happy that the commercial banks have not ‘received the memo’ about reducing lending rates, consistent with the lowering of the central bank's…
June 5, 2026
Energy, water use and pollution of AI and data centres rival most countries
WASHINGTON (AP): The environmental footprint of data centres already rivals some of the world's largest countries, according to a United Nations University report, which also predicts their water…
June 5, 2026
SpaceX's IPO is set to be the biggest ever and could make Elon Musk a trillionaire
NEW YORK (AP): SpaceX says it plans to raise up to US$75 billion when it goes public this month, setting the stage for the largest-ever stock market debut and putting Elon Musk on course to becoming…
June 5, 2026
UK orders Google to allow publishers to opt out of AI scraping for search summaries
Google must allow news sites to opt out of having their online content scraped to feed AI overviews and other artificial intelligence services and features for British users, regulators said on…
June 5, 2026
Trump makes changes to steel, aluminium and copper tariffs
President Donald Trump on Monday adjusted tariffs on some steel, aluminium and copper imports, lowering some tariffs on farming equipment and extending the lower rate to other equipment.
In an…
June 5, 2026
The Dow leaps to a record as oil prices ease and US stocks outside of AI rally
Wall Street rallied Thursday after falling oil prices and yields in the bond market eased the pressure on US stocks. Banks, small companies and other stocks that had earlier been left behind by the…