The Gleaner Company Media Limited (GCML) and Jamaica Observer Limited (JOL) have signed a Memorandum of Understanding (MOU) to examine the feasibility of using common printing and distribution logistics services. In a media release on Friday...
A disruption to a system housing United Airlines’ flight information that caused more than 1,000 delays has been resolved, but delays continued into Thursday. The impacted system, called Unimatic, houses flight information that is fed to other...
The Bank of England cut its main interest rate on Thursday by a quarter percentage point to 4.0 per cent, as policymakers seek to bolster the sluggish United Kingdom economy. Thursday’s decision was widely anticipated in financial markets as the...
The leader of Haiti’s Transitional Presidential Council claimed on Wednesday that one of its communications employees was threatened and forced to publish a press release about a key contract involving the country’s biggest port and two well-known...
The Economic Commission for Latin America and the Caribbean, ECLAC, is warning that the region will experience a prolonged period of low growth, and that it is estimated that economic output, or gross domestic product, will expand by just 2.2 per...
Lasco Financial Services Limited, LFSL, more than doubled its quarterly profit for the period ending June 2025, posting earnings of $40.5 million – an increase of 125 per cent over the prior year. The profit surge was attributed to revenue growth,...
The Government plans to expand free public Wi-fi by 40 per cent this fiscal year, with a new tender for broadband services in Ocho Rios, St Ann, forming part of the wider push to modernise the national digital infrastructure. The expansion, however...
You don’t have to place your ear to the ground to hear the rumble. People are saying what was once unthinkable: the United States could be headed toward a public debt crisis. One common refrain is that the US has been behaving like an emerging...
Four Caribbean central banks are launching a pilot project to develop an alternative payment system aimed at reducing reliance on the US dollar for trade and remittances. Spearheaded by the Eastern Caribbean Central Bank, ECCB, the initiative...
Having adopted one major piece of digital-currency legislation, called the GENIUS Act, and with more pending (the CLARITY Act has passed the US House of Representatives) the United States is poised to become a major hub for cryptocurrency-related...
United States and Chinese officials may be able to settle many of their differences to reach a trade deal and avert punishing tariffs, but they remain far apart on one issue: the US demand that China stop purchasing oil from Iran and Russia. “...
Having invested significantly in more efficient machinery, Omni Industries Limited is confident that it will soon reap the benefits of its investments in the form of increased profits. The company’s net profit for the first quarter of 2025 dipped...
Following a period of reorganisation, VM Group Limited is back in the black and is aiming to maintain that trajectory by wrangling its spending. The financial institution, which holds large private mortgage bank VM Building Society Limited and...
Tesla is awarding CEO Elon Musk 96 million shares of restricted stock valued at approximately US$29 billion, just six months after a judge ordered the company to revoke his massive pay package. The electric vehicle maker said in a regulatory...
Financial slavery is the state of being controlled by our finances and the financial decisions we make. There are several ways by which people become financial slaves, but freedom can be achieved, though not necessarily overnight. Financial slavery...
China’s cyberspace regulators on Thursday summoned Nvidia over security concerns that its H20 chips can be tracked and turned off remotely, the Cyberspace Administration of China said on its website. In the meeting, Chinese regulators demanded that...
As a C-suiter committed to influencing your peers, you may find yourself falling short. It’s clear that you want to build a legacy. But you can’t convince the board and other executives to commit to long-term thinking. How can you transform this...
Microsoft said Wednesday that annual revenue for its flagship Azure cloud computing platform has surpassed US$75 billion, up 34 per cent from a year earlier. The Azure cloud business is a centrepiece of Microsoft’s efforts to shift its focus to...
China’s top leaders have pledged to help companies slammed by higher US tariffs but held back on major moves after trade talks with the United States last week kept businesses and planners in limbo. At their summer economic planning meeting, the...
Investors occasionally scoop up shares of companies whose financial prospects appear dim. The consensus around such companies is that the shares should, if anything, fall further. But then they suddenly get touted in online forums and take off for...
The world’s superpowers have developed a seemingly insatiable appetite for the critical minerals that are essential to the ongoing energy and digital transitions, including rare-earth metals for semiconductors, cobalt for batteries , and uranium...
The Government of Jamaica aims to better manage its cash resources of about $100 billion flowing through financial institutions. The Ministry of Finance is in the process of recruiting consultants to help craft a public funds investment policy and...
Democrats and Republicans in the United States don’t agree on much, but they share a conviction that the government should help American manufacturers, one way or another. Democratic President Joe Biden handed out subsidies to chipmakers and...
The first phase of the Caymanas Special Economic Zone, CSEZ, project will take four years to complete at a cost of $8 billion, Chairman of the Port Authority of Jamaica Alok Jain has said. During construction, which will encompass 200 acres of the...
Federal Reserve Chair Jerome Powell gave little indication on Wednesday of bowing anytime soon to United States President Donald Trump’s frequent demands that he cut interest rates, even as signs of dissent emerged on the Fed’s governing board....
