SURFSIDE, Florida (AP) — The number of people missing in the Florida condominium collapse fell substantially Friday, from 145 to 128, after duplicate names were eliminated and some residents reported missing turned up safe, officials...
The Jamaica Stock Exchange (JSE) Combined Index ended the week down on Friday. The busy trading ended with an advance/decline ratio of 34/44. The JSE Combined Index declined by 2,208.39 points or 0.51 per cent to close at 426,876.85. The JSE Main...
The central bank announced this week its decision to hold firm the policy interest rate offered to deposit-taking institutions, DTIs, on overnight placements at the Bank of Jamaica, BOJ. The rate remains unchanged at 0.50 per cent per annum in the...
Mexico’s richest man has pledged to rebuild and pay for a segment of a Mexico City subway line that collapsed on May, killing 26 people, President Andrés Manuel López Obrador said on June 30. López Obrador said telecoms and construction magnate...
United States-based technology and commerce behemoth Amazon is asking that the new head of the Federal Trade Commission, FTC, step aside from antitrust investigations into the e-commerce giant, contending that her past public criticism of the...
Buffeted by losses occasioned by the sharp downturn in business as a result of the COVID-19 pandemic, Caribbean Producers Jamaica, CPJ, a major seller of food, wines and other beverages to hotels in the Caribbean, is looking to new revenue streams...
Miguel Smith Jr is adding another gas station to his holdings, its first in Kingston and the second to operate under the Yaadman brand. He has leased lands from the Jamaica Railway Corporation, JRC, near the Kingston waterfront, for the station – a...
Robinhood Financial will pay nearly US$70 million to settle a wide range of allegations, including that it gave customers misleading information and improperly allowed some users to make riskier trades after they lied about their trading experience...
The Jamaica Stock Exchange (JSE) Combined Index continued to inch back up on Thursday. The slow trading ended with an advance/decline ratio of 46/32 The JSE Combined Index advanced by 1,240.64points or 0.29per cent to close at 429,085.24. The JSE...
Chinese ride-hailing service Didi Global Inc jumped 16 per cent on Wednesday shortly after making its US stock market debut. The stock opened at US$16.65 on the New York Stock Exchange. The Beijing-headquartered company’s initial public offering of...
The Jamaica Stock Exchange (JSE) Combined Index clawed back lost ground on Wednesday. The again busy trading ended with an advance/decline ratio of 52/31. The JSE Combined Index advanced by 5,874.53 points or 1.39 per cent to close at 427,844.60....
Starting Thursday, July 1, all international business companies, or IBCs, registered in the popular offshore jurisdiction of St Lucia, will be governed by a new, less favourable regime, including higher income taxes and less confidentiality. It’s...
First Rock Capital Holdings, which focuses on real estate investments, wants to grow its assets by a third or more this year, a goal it sees as doable, given its pace of growth since listing on the stock market. The start-up closed financial year...
The United States government’s highway safety agency has ordered automakers to report any crashes involving fully autonomous vehicles or partially automated driver assist systems. The move on Tuesday by the National Highway Traffic Safety...
Mexico’s central bank on Monday swatted down the cryptocurrency enthusiasm expressed over the weekend by one of the country’s leading bankers. Ricardo Salinas Pliego, a magnate with large operations in retail, banking and television who has been...
Many regard the market for bitcoin – the world’s leading cryptocurrency – as a game of winners and losers played out among hedge funds, amateur investors, geeks, and criminals. The huge risk inherent in a highly volatile anonymous digital currency...
Sagicor Group Jamaica is moving ahead with plans for the development of a residential complex on 11 acres of land that sits adjacent to its newly built commercial complex in Mineral Heights, Clarendon. The financial conglomerate, which operates a...
Imagine a tax haven. Does a Caribbean island come to mind? Sand, surf and thousands of post office boxes housing shell corporations? Some tax havens, like the Cayman Islands or Bermuda, do fit that description. But many others do not. The key to a...
Model Agricultural Production Limited, MAP, which grow crops for local and overseas consumption on leased land in Innswood, St Catherine, is projected to double the national onion yield from new methodologies used on its farms. But it is still not...
The International Finance Corporation, IFC, is providing up to US$40 million of funding to Sagicor Bank Jamaica, for onlending to small and medium-sized businesses, referred to as SMEs. The funds which translate to around $6 billion in local...
United Airlines is making one of the largest orders ever for commercial airplanes in an aggressive bet that air travel will rebound strongly from the pandemic. United said on Tuesday that it will buy 200 Boeing Max jets and 70 planes from Europe’s...
The coronavirus already changed the way we work. Now it’s changing the physical space, too. Many companies are making adjustments to their offices to help employees feel safer as they return to in-person work, like improving air circulation systems...
The Jamaica Stock Exchange (JSE) Combined Index continued losing ground on Tuesday. The busy trading ended with an advance/decline ratio of 34/47. The JSE Combined Index declined by 5,497.66 points or1.29 per cent to close at 421,970.07. The...
Although General Motors will build Honda’s first two fully electric vehicles for North America, the Japanese automaker plans to change course and manufacture its own later this decade. Company officials say they’re developing their own EV...
