Business

Uber is testing restaurant food deliveries by drone. The company’s Uber Eats unit began the tests in San Diego with McDonald’s and plans to expand to other restaurants later this year. Uber says the service should decrease food delivery times. It...

Year-end profits at tobacco marketing company Carreras Limited were flat despite a mild uptick in revenues up to March 2019. The company made $3.5 billion in net profit, but that was down by $56.8 million or 1.6 per cent relative to the 2018 period...

SSL Venture Capital Jamaica announced a new board at the weekend following three resignations, which was followed up with notice of two management changes. Separately, the company’s auditor, Baker Tilly Strachan Lafayette, avoided giving an opinion...

The price for a share of Beyond Meat almost tripled on the first day of trading in May, and that was just a taste of what was to come. The price has surged between 570 per cent and 650 per cent and on Tuesday, industry analysts with JP Morgan had...

Proven Investments Limited, PIL, is projecting significant profit growth this year when its investment in financial conglomerate JMMB Group would be fully factored into its financials. JMMB contributed US$1.3 million to Proven’s bottom line for the...

Salesforce, a maker of customer-management software, is buying Tableau Software in an all-stock deal valued at US$15.7 billion. By scooping up Tableau, which provides easy-to-use tools for visualising and organising data, Salesforce is the latest...

Nissan chief executive Hiroto Saikawa criticised the Japanese automaker’s French alliance partner, Renault, on Monday for trying to block changes to strengthen corporate governance following the arrest of former Nissan chairman Carlos Ghosn. Nissan...

QUESTION: I must first congratulate you on the good work you have been doing to help entrepreneurs in Jamaica through your TV show, on radio, and in the newspaper. I have followed a great deal of your advice from the relationship with my credit...

Question: I recently got quotations from three different companies to insure my family home. It has reinforced concrete block walls and a Decramastic tile roof. The house covers an area of 2,800 square feet and is in Kingston 6. The estimated...

Finance ministers and central bank governors meeting in Japan this weekend will try to make headway on long-standing issues such as how much global giants like Facebook and Amazon should pay in taxes. They’re likely to end up focusing a large share...

Shares in Sagicor X Fund ticked upwards after the release of its first-quarter results, but dipped following the announcement of a change of auditor. Richard Byles, chairman of the X Fund, indicated that the change in auditors from PwC St Lucia to...