Business
August 7, 2026
Disney’s strong quarter driven by ‘Toy Story 5’ and draw of US theme parks
Disney’s solid third quarter was driven by a US$1-billion box office haul from Toy Story 5 and the strong draw of US theme parks that helped to offset continued weakness from international tourism.…
August 7, 2026
US dollar weakens sharply against Japanese yen after market interventions
AP: The US dollar weakened this week against the Japanese yen after US President Donald Trump and Japan’s finance minister confirmed that both sides had intervened in markets. Before late last week,…
August 6, 2026
Stocks hover near record highs and oil prices stabilise with talk of a deal to open Strait of Hormuz
Stocks wavered in afternoon trading on Wall Street Wednesday and hovered around their records set a day earlier, while oil prices held steady. The S&P 500 rose 0.1 per cent. The Dow Jones…
August 5, 2026
Caribbean remittance growth cools as uncertainty rises and pandemic momentum fades
Remittance inflows across the Caribbean grew 5.9 per cent in the first quarter of 2026, compared with the year-earlier period, but the pace of growth has decelerated, according to a recent report from…
August 5, 2026
by Carolyn Guniss
VM Group $3b in moratorium affect profit
VM Group placed $3 billion in loans under moratorium following Hurricane Melissa, absorbing a short-term hit to fee income, as it balanced member relief over near-term profit Group Chief Financial…
August 5, 2026
by Neville Graham
Paramount nearly quadruples profit despite Melissa
Paramount Trading Jamaica Ltd nearly quadrupled its net profit for the financial year ended May 2026, powered by cost discipline and one-off gains that offset a revenue dip linked to the impact of…
August 5, 2026
VM Investments upsizes bond offer to $4.8b
VM Investments Ltd (VMIL) has increased the size of its public bond offer to $4.8 billion after increased investor demand, the company disclosed on Sunday. “Successful applicants will receive…
August 6, 2026
by Neville Graham
Regency Petroleum to build $300m gas station near Kingston’s airport
Regency Petroleum will invest $300 million to build a service station beside the Norman Manley International Airport in Kingston, with a strategy that extends well beyond fuel sales. CEO Andrew…
August 4, 2026
US stocks rally near record as falling oil prices ease Wall Street’s worries about inflation
US stocks are rallying to the edge of their all-time high on Monday after easing oil prices helped calm Wall Street’s worries that inflation could get even worse. The S&P 500 jumped 1.5 per cent…