Business
Hiring ads for fast-food company Mother’s have been popping up recently on multiple channels. Managing Director Sheldon Seymour says it is part of a non-stop expansion push that began with the change in ownership in May 2023. Mother’s refurbished...
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NICOSIA, Cyprus: Construction of a 1.9 billion-euro ($2.05 billion) section of an electricity cable that will connect the power grids of Greece and Cyprus is slated to begin in the new year, officials said yesterday. An eventual extension of the...
LONDON: Legal and human rights groups have filed a legal challenge with Britain’s High Court calling for the United Kingdom (UK) to stop granting licences for weapons exports to Israel, activists said yesterday. Palestinian human rights...
CASTRIES, St Lucia: The St Lucia government has announced an extension of the reduced import duty and excise tax rates, specifically for hybrid and electric vehicles (EV) to August 30 next year. A statement from the Department of Finance said...
PARAMARIBO, Suriname: Suriname on Wednesday completed its debt restructuring with international creditors with the issuance of a new bond. “This operation alleviates debt service by US$972 million over 2020-2026 and allows the government to devote...
MEXICO CITY: As more Chinese money flows into Mexico, the United States (US) and Mexico yesterday agreed to monitor foreign investments and regularly share information about the screening process. The US is becoming “more deeply integrated with...
ABUJA, Nigeria: At least three-fourths of Africans can’t afford a healthy diet, and a fifth are undernourished due to an “unprecedented food crisis”, United Nations (UN) agencies said in a report released yesterday with the African Union Commission...
Despite new electric vehicle market share and sales hitting a record in the United States (US) this year, EV growth is starting to slow and fall short of the auto industry’s lofty ambitions to transition away from combustion engines. The US has...
Nigel Davy, executive chairman of newly named company Innovative Energy Group (IEG) Limited, says they will be focusing on mergers and acquisitions as they seek to improve their standing in the energy sector. The business’ core functions, he says,...
Developer Richard Lake has indicated that the creation of a new commercial centre and landing at the Forum property in Portmore, St Catherine, is the final element in the makeover of the property which was purchased from the Urban Development...
The Bank of Jamaica (BOJ) has indicated that it is comfortable with the level of household debt, although the stockpile of consumer loans is growing in the island. Financial liabilities for households include consumer loans and mortgage loans....
Jamaica’s quest for oil hit a snag with the exploration firm United Oil and Gas (United Oil) losing its potential drilling partner. “The potential partner that we had been in discussions with for a number of months has taken the decision to...
Google took its next leap in artificial intelligence yesterday with the launch of project Gemini, an AI model trained to behave in human-like ways that’s likely to intensify the debate about the technology’s potential promise and perils. The...
Motorists will pay less for gas and diesel when they go to the pumps on Thursday. The state-owned oil refinery, Petrojam, says E-10 87 is to move down by $3.06 to sell for $168.29 per litre and a litre of E-10 90 will go down by $3.06 to sell for $...
Private equity investor Anthony Dunn and marketing and tourism aficionado Donovan White are now members of the board of junior market-listed company iCreate. Dunn is currently the chief investment officer of Delta Capital Partners Limited and will...
DUBAI: Jamaica signed a financial advisory services agreement on Monday with the International Finance Corporation (IFC), the private sector arm of the Washington-based World Bank, for the development and structuring of the National Broadband...
