Business

Soapmaker Blue Power Group Limited is looking outside of Caricom for new markets, while aiming to beat its best-ever annual sales performance for year ending April 2021. The rise in sales, up 10 per cent to $534 million, is not surprising, despite...

Jamaica Broilers Group Limited, JBG, grew yearly earnings by 76 per cent to $2.4 billion, sufficient to recover the ground lost in 2020 during the pandemic, but the leading poultry producer’s profit performance was flat relative to 2019. Revenue...

In 1996, then President of the United States, Bill Clinton, proclaimed: “The era of big government is over.” But current President Joe Biden’s multitrillion-dollar spending plans are suggesting precisely the opposite. Behind the politicians stand...

● Barita wants more from the market Barita Investments Limited will soon be seeking shareholder approval for another fundraising drive. The board of directors will set a date for an extraordinary general meeting at their board meeting today,...

Logistical delays, material shortages and production problems have been pushing up hardware sector prices, but it’s had no discernible impact on demand for hardware items, according to sector operators. Like the wider construction market, hardware...

Leading spirits company J.Wray...

The United States government on Monday moved to ease crippling sanctions imposed by the previous administration on Venezuela by allowing companies to export propane to the troubled South American country, a step that could mitigate a shortage that...

Tesla founder Elon Musk took to a witness stand on Monday to defend his company’s 2016 acquisition of a troubled company called SolarCity against a lawsuit that claims that he is to blame for a deal that was rife with conflicts of interest and...

The July 1 agreement by 131 countries to establish a global minimum tax rate of at least 15 per cent for multinational corporations, or MNCs, and reallocate taxing rights is a step forward. But the deal as it stands represents another missed...

Financial planning is becoming increasingly important because of the fast-changing nature of the environment in which we live and must operate. People are living longer. Employers are changing their approach to the provision of retirement benefits...

Negotiators from 131 countries agreed on a major overhaul of how the world’s biggest multinational companies are taxed on July 1. It is an effort to deter complex international avoidance schemes that have cost governments billions in revenue. The...