Business

Director of Public Prosecutions Paula Llewellyn is calling on financial institutions in the Caribbean to establish an organisation and fraud-alert systems to address the problem of cybercrime on a regional level, which she says is fleecing the...

Tesla has scheduled an annual shareholders meeting for November, one day after the electric vehicle company came under pressure from major shareholders to do so. Billionaire Elon Musk’s company said in a regulatory filing on Thursday that the...

President of Brazil Luiz Inácio Lula da Silva said Thursday that he will impose retaliatory tariffs on the United States if President Donald Trump follows through on a pledge to boost import taxes by 50 per cent over the South American country’s...

Is a defined benefit pension fund or a superannuation fund an irrevocable trust? A superannuation fund and an irrevocable trust are set up for different purposes and have some similarities, but are different due largely to the legal framework and...

Jamaica’s Fair Trading Commission, FTC, is recommending “urgent reform” for the credit bureau sector, inclusive of credit information. “Mandate reciprocal data-exchange contracts,” the FTC urged in its now completed report the credit bureau system...

Some farmers and processors are raising concerns about data ownership, the exposure of trade secrets, and costs associated with the phased start of a blockchain traceability platform by the commodities regulator, which aims to protect Jamaica’s...

Italian confectioner Ferrero, known for brands like Nutella and Kinder, is buying the century-old American cereal company WK Kellogg in an effort to expand its North American sales. The Ferrero Group said Thursday it will pay US$23 for each Kellogg...

Poultry company Jamaica Broilers Group Limited, JBG, has released a provisional report for the month of May, as it overhauls its operations in the United States. “The board has approved this reporting format through which we will be providing a...

The St Kitts-Nevis government says it has received five bids from internationally recognised firms for the production drilling phase for the twin-island Federation’s geothermal power project. Prime Minister Dr Terrance Drew, in a nationwide radio...

United Oil...

A fierce protest in Mexico City railing against gentrification and mass tourism was fuelled by government failures and active promotion to attract digital nomads, according to experts, who said tension had been mounting for years. The criticism...

A consortium made up of ExxonMobil and partner Qatar Energy International has made a second natural gas discovery beneath the seabed south of Cyprus, the government said Monday, a find that bolsters the region’s potential as an energy exporter. New...