Fri | Dec 26, 2025

Business

Published:Friday | December 26, 2025 | 12:11 AM

In Tuesday's trading session the following reflects the movement of the JSE Indices: The JSE Combined Index advanced by 2,124.07 points ( 0.66 %) to close at 322,986.16 points and the volume traded amounted to 16,477,589 valued at $80,938,867.72....

Published:Friday | December 26, 2025 | 12:11 AM

The Trump administration said on Tuesday that it will begin garnishing the wages of student loan borrowers who are in default early next year. The department said it will send notices to approximately 1,000 borrowers the week of January 7, with...

Published:Friday | December 26, 2025 | 12:11 AM

At a time when Americans are frustrated and angry over the high cost of living, the government released a report on Thursday showing that inflation had cooled unexpectedly in November. But economists quickly warned that last month’s numbers were...

Published:Friday | December 26, 2025 | 12:10 AM

Honey Bun Ltd closed its September 2025 year with higher sales but a markedly thinner bottom line, as the commissioning of its new Angels, St Catherine bakery drew heavily on cash, borrowings, and operating expenses. It was a deliberate trade-off...

Published:Friday | December 26, 2025 | 12:10 AM

It was a scary good year for investors. It was scary because the US stock market plunged to several historic drops on worries about everything, from President Donald Trump’s tariffs to interest rates to a possible bubble in artificial-...

Published:Friday | December 26, 2025 | 12:10 AM

This holiday season, many US drivers are getting the gift of lower gas prices. According to data from motor club AAA, December has been the cheapest month for prices at the pump this year. The national average for unleaded gas has stayed below...

Published:Friday | December 26, 2025 | 12:10 AM

The US economy grew at a surprisingly strong 4.3 per cent annual rate in the third quarter, the most rapid expansion in two years, driven by consumers who continue to spend in the face of ongoing inflation. US gross domestic product from July...

Published:Friday | December 26, 2025 | 12:09 AM

GraceKennedy Ltd (GK), the Jamaica-based food and finance conglomerate, has taken full control of Dairy Industries Jamaica Limited (DIJL), the maker of the iconic Tastee Cheese brand. GK will acquire the company from New Zealand-based Fonterra Co-...

Published:Friday | December 26, 2025 | 12:09 AM

Consumers’ confidence in the US economy was shaken in December as Americans grew anxious about high prices and the impact of President Donald Trump’s sweeping tariffs. The Conference Board said on Tuesday that its consumer confidence index fell 3...

Published:Friday | December 26, 2025 | 12:08 AM

Happiness is taking control of a beloved comic strip. Sony is buying a 41 per cent stake in the Charles M. Schulz comic Peanuts and its character,s including Snoopy and Charlie Brown from Canada’s WildBrain in a US$457 million deal, the two...

Published:Friday | December 26, 2025 | 12:08 AM

Pulse Investments Limited has reported a decline in revenue for the quarter ended September 2025, despite its models getting placements in high-profile events. It underscores challenges for the lifestyle and entertainment group. Unaudited...

Published:Wednesday | December 24, 2025 | 12:11 AMNeville Graham/Staff Reporter

The Jamaican rum industry projects a double-digit decline in output for the 2025-2026 season, a blow reverberating across the sugar and spirits sectors due to the impact of Hurricane Melissa. Christopher Gentles, general manager of the Spirits...

Published:Wednesday | December 24, 2025 | 12:10 AM

The Bank of England on Thursday cut its key interest rate for the first time in four months as stubbornly high inflation that has plagued British consumers and businesses starts to ease. The central bank’s policymakers voted 5 to 4 to reduce the...

Published:Wednesday | December 24, 2025 | 12:10 AM

After a half-century immersed in the world of trade, customs broker Amy Magnus thought she had seen it all, navigating mountains of regulations and all sorts of logistical hurdles to import everything, from lumber and bananas to circus animals and...

Published:Wednesday | December 24, 2025 | 12:08 AM

Japan’s space agency said its H3 rocket carrying a navigation satellite failed to put the payload into a planned orbit, a setback for the country’s new flagship rocket and its space launch programme. Monday’s failure is the second for Japan’s new...

Published:Wednesday | December 24, 2025 | 12:08 AM

Two NATO-nation intelligence services suspect that Russia is developing a new anti-satellite weapon to target Elon Musk’s Starlink constellation with destructive orbiting clouds of shrapnel, with the aim of reining in Western space superiority that...

Published:Wednesday | December 24, 2025 | 12:07 AM

Bourbon maker Jim Beam is halting production at one of its distilleries in Kentucky for at least a year as the whiskey industry navigates tariffs from the Trump administration and slumping demand for a product that needs years of aging before it is...

Published:Wednesday | December 24, 2025 | 12:06 AM

The Bank of Jamaica (BOJ) expects borrowers to fall behind on loan payments in the wake of Hurricane Melissa, with non-performing loans (NPLs) projected to double. The central bank said the fallout from Hurricane Melissa – one of the most severe...

Published:Wednesday | December 24, 2025 | 12:06 AM

India and New Zealand announced Monday they have reached a free trade deal, seeking to deepen economic ties and shore up growth at a time of mounting global trade uncertainties. The move comes as New Delhi accelerates efforts to diversify export...

Published:Wednesday | December 24, 2025 | 12:06 AM

Elusive street artist Banksy appeared to confirm Monday that a new mural in London, depicting two children lying down and pointing up at the sky, is his latest work. The artist posted two photos of the artwork on his official Instagram account...

Published:Wednesday | December 24, 2025 | 12:06 AM

Dozens of energy developers, experts, and politicians say there were some highs amid a lot of lows in a roller coaster year for clean energy as President Donald Trump worked to boost polluting fuels while stymying wind and solar. Surveyed by The...

Published:Wednesday | December 24, 2025 | 12:06 AM

It’s shoppers like Quinn Kelsey who keep department store executives up at night. The 38-year-old Denver resident gets makeup ideas from TikTok videos and other social media content, not salespeople at beauty counters. She uses an AI chatbot to get...

Published:Wednesday | December 24, 2025 | 12:06 AM

Most Americans aren’t making end-of-year charitable giving plans, according to the results of a new AP-NORC poll, despite the many fundraising appeals made by nonprofits that rely on donation surges in the calendar’s final month to reach budget...

Published:Tuesday | December 23, 2025 | 12:06 AM

Accompanying Time’s annual Person of the Year selection Thursday is a magazine cover that resembles the “Lunch Atop a Skyscraper” photograph from the 1930s, showing eight of the “Architects of AI” sitting on a beam. “This was the year when...

Published:Sunday | December 21, 2025 | 12:05 AM

Stocks gained ground on Wall Street Friday for a second straight day, wiping away losses from earlier in the week. Technology stocks were once again the main force behind the market’s broader moves, especially companies with a focus on artificial...

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