Tue | May 18, 2021

Business

In this April 27, 2018 photo, a worker controls iron at the Thyssenkrupp steel factory in Duisburg, Germany.

The European Union and the United States on Monday decided to temporarily suspend measures at the heart of a steel tariff dispute that is seen as one of the major trade issues dividing the two sides. With the decision, “we are walking the talk in...

The Jamaica Stock Exchange (JSE) Combined Index closed Monday on a winning note, advancing marginally. The lively trading session ended with an advance/decline ratio of 39/46. The JSE Combined Index advanced by 2,225.45 points or 0.52 per cent to...
Jamaican Teas Limited CEO John Mahfood.

The owners of Jamaica Teas Limited are planning a restructuring of the group to carve out the manufacturing unit, the main component of the business, as a stand-alone entity. The company would then float the manufacturing operation on the stock...

The appointment of Dr Carla Barnett as the next secretary general of Caricom should be an inflection point, a moment when the institution, and more importantly its member states rise to the challenge of delivering the post-pandemic decisions that...

The three scientists credited with helping save lives ahead of a recent explosive volcano eruption in the eastern Caribbean island of St Vincent are known to locals simply as Richie, Rod and TC. The team huddled indoors for weeks on little sleep to...

Airbnb reported Thursday that its first-quarter loss more than tripled, to US$1.17 billion, as travel remained depressed by the pandemic and the company was weighed down by costs from past borrowing. However, revenue topped the same period in 2019...

Evergo Jamaica, through its parent company InterEnergy Group Limited, is investing roughly $150 million in the rollout of 60 electric vehicle charging stations across Jamaica by year-end. The company has already installed four charging stations in...

Housing developer West Indies Home Contractors Limited, WIHCON, is pumping funds into research and development around prefabricated steel and container homes as more affordable options for homebuyers at the mid- to lower end of the residential...

Food distributor Everything Fresh Limited, EFresh, has launched a snack line following a review of its business, which produced losses of $181 million for year ending December 2020. Concurrently, the company is finalising plans to exit at least...

P ortland JSX Limited has cycled back into its investment phase, taking a small stake worth US$52,534 in a Colombian speciality food company on March 4, according to a disclosure in its newly released audited results. In keeping with its alliance...
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