Business

A dealer watches computer monitors in a dealing room of Hana Bank in Seoul, South Korea, yesterday.
28 Oct, 2026 0

Asian stocks advance following rally on Wall Street

Asian stocks were mostly higher on Tuesday after an AI-led rally on Wall Street ahead of major corporate earnings and central bank decisions. US futures edged lower after earlier gains and oil prices…
Perrin Gayle
27 Oct, 2026 0

Perrin Gayle returns to head Scotia subsidiary

Scotia Group Jamaica Limited (SGJ) has named Perrin Gayle, a former Scotiabank executive who left for rival National Commercial Bank Jamaica (NCB) in January 2025, managing director of Bank of Nova…
27 Oct, 2026 0

National Bakery eyes summer 2027 for opening of bread plant in Montego Bay

National Bakery is aiming to have its new bread plant in Montego Bay, St James, up and running by summer next year, and should commence some activities in time for next Easter. Craig Hendrickson, who…
Dario Amodei, CEO and co-founder of Anthropic, at the annual meeting of the World Economic Forum in Davos, Switzerland, in January 2025.
27 Oct, 2026 0

Anthropic files potentially biggest IPO ever, CEO warns of risk to humanity from AI

Artificial intelligence (AI) giant Anthropic filed papers Monday for what could be the biggest initial public offering (IPO) of stock ever even as its top executive warns that advanced AI could pose…

Fontana CEO Anne Chang, in white, with stakeholders at the opening of Ora by Fontana at Sovereign Centre in St Andrew in 2025.
25 Oct, 2026 0

Fontana aims for chunk of $1.4bn makeup market, bets beauty is recession-proof

Óra by Fontana, the beauty division of the pharmacy chain, continues to expand its line-up across price tiers to capture a greater share of Jamaica’s $1.4 billion makeup import market. CEO Anne Chang…
Keody Thompson, realtor at Jamaica Sotheby’s International Realty
25 Oct, 2026 0

Seaside villa earnings shrink a year after Melissa

Short-term rental earnings at villas and seaside properties along Jamaica’s north coast fell over the past year, even as earnings rose in most other markets. Average annual earnings at coastal villas…
A bus owned and operated by Knutsford Express Ltd.
25 Oct, 2026 0

Knutsford Express profit dips amid oil price spike

The cross-country bus company, Knutsford Express Services Ltd (KEX), said its first-quarter profit fell 19 per cent due to a double-digit rise in fuel costs. Net profit for the quarter ending August…
Francis Wade
25 Oct, 2026 0

Francis Wade | Strategy formulation: The board said, “Use AI.” Now, prove it!

Your board has put you under pressure. It insists that you use artificial intelligence (AI) to improve the organisation’s strategic plans. Now, it wants proof. Strategy VP Nancy is reeling. Before…
New Mexico Attorney General Raúl Torrez discusses a judgment in the state’s Facebook case during a news conference in Albuquerque, New Mexico, on Wednesday, October 21. AP
25 Oct, 2026 0

Meta ordered to pay New Mexico $25 billion for deceiving users about privacy on Facebook

A judge on Wednesday ordered Meta to pay New Mexico US$25 billion after a jury found the company liable for deceiving users about privacy on Facebook, marking the biggest fine ever against the tech…