Business

The Trump administration on Tuesday ended the most popular forms of US travel to Cuba, banning cruise ships and a heavily used category of educational travel in an attempt to cut off cash to the island’s communist government. Cruise travel from the...

Lubricating Specialties Company (LSC) is adding another 500,000 gallons in capacity at its facility in Rockfort, Kingston, for which it already has the green light from regulator National Environment and Planning Agency, NEPA. LSC operates the...

China issued a travel warning for the United States on Tuesday, saying Chinese visitors have been interrogated, interviewed and subjected to other forms of what it called harassment by US law-enforcement agencies. The warning urges Chinese citizens...

Chairman Jerome Powell said Tuesday that the United States Federal Reserve is prepared to respond to the Trump administration’s trade conflicts to protect the US economic expansion if it decides that would be necessary. Powell’s comments came at a...

Ascendant Group, the parent company of Bermuda’s sole electricity provider, has accepted a takeover bid worth around US$365 million from a Canadian utility group. Monday’s announcement of the intended sale to Algonquin Power...

Reducing the tax obligations of regulated finance companies would increase responsiveness to monetary signalling but there would be fiscal consequences, says the International Monetary Fund’s (IMF) Jamaica office. The Jamaican government, the...

Elizabeth Leite de Souza looks worn out. She’s been looking for work for more than three years, and still hasn’t found it. She and her husband get by on about $300 a month he earns as an informal construction worker and a little government help,...

Uber is continuing to bleed money even as it posts dramatic revenue growth. In its first financial report since its lacklustre début on Wall Street, Uber said on Thursday that its revenue rose to US$3.1 billion in the first quarter of 2019, up 20...

Why is it that your ­employees who start out excited about their jobs lose interest so quickly? Is it a problem with their age, a cultural phenomenon, or just fate? Can their experience be enriched by savvy managers? The dilemma begins with most...

Portland Private Equity has increased its holdings in Chukka Caribbean Adventures Limited, this time through a direct injection of equity under Portland Caribbean Fund II into the tour company founded by the Melville family. Chukka, which offers...

QUESTION: I am interested in knowing more about bonds and preferred stocks, like the minimum amount one can use to purchase either of them. Is there a book or a website about local bonds and stocks that I may refer to? Can I purchase...

Inspired by the Young Leaders programme of former US President Barack Obama in 2015, Craslyn Benjamin’s four-year-old fresh food business Benlar Foods was also a poster child of sorts for the Branson Entrepreneurial Centre Caribbean, the start-up...