Jamaica’s securities dealers are sitting on relatively high levels of cash within a market affected by uncertainty. Cash holdings in local collective investment schemes (CIS) surged 40.2 percent to $18.5 billion in the quarter ended September...
More artificial intelligence (AI) is being implanted into Gmail as Google tries to turn the world’s most popular email service into a personal assistant that can improve writing, summarise far-flung information buried in inboxes, and deliver daily...
Jamaica ended 2025 with 524,000 fewer passengers, marking the largest annual decline since the pandemic, as Hurricane Melissa battered the island’s tourism sector. “Montego Bay and Kingston recorded decreases ... as a result of disruptions caused...
President Donald Trump said on Wednesday that he wants to block large institutional investors from buying houses, saying that a ban would make it easier for younger families to buy their first homes. Trump — who has been under pressure to address...
Google and artificial intelligence chatbot maker Character Technologies have agreed to settle a lawsuit from a Florida, USA mother who alleged that a chatbot pushed her teenage son to kill himself. Attorneys for the two tech companies have also...
California will lose US$160 million for delaying the revocations of 17,000 commercial driver’s licences for immigrants, federal transportation officials announced on Wednesday. Transportation Secretary Sean Duffy already withheld US$40 million in...
US employers posted far fewer jobs in November than the previous month, a sign that employers are not yet ramping up hiring even as growth has picked up. Businesses and government agencies posted 7.1 million open jobs at the end of November, the...
West Indies Petroleum Terminal Ltd. (WIPT) stock climbed above $5.60 in Thursday trading, or 11 times its listing price some two weeks earlier, reflecting a rally driven more by scarcity than fundamentals. Since its December 23 debut on the...
Crowds flooded the freshly opened showroom floors on Day 2 of CES, which originally stood for the Consumer Electronic Show, and were met by thousands of robots, AI companions, assistants, health longevity technology, wearables, and more. Siemens...
Nvidia, AMD and Intel all had important chip and AI platform announcements on the first day of CES 2026, but all audiences wanted to see more of was Star Wars and Jensen Huang’s little robot buddies. The Consumer Electronic Show (CES) in Las Vegas...
Broad gains led by technology stocks pushed Wall Street to more records on Tuesday. The gains mirror much of the action from the previous year, when big technology stocks often drove the market to a series of records. Technology stocks led the...
Pipeline safety regulators on Monday assessed their largest fine ever against the company responsible for leaking 1.1 million gallons of oil into the Gulf off the coast of Louisiana in 2023. The US$9.6 million fine, however, isn’t likely to be a...
Hyundai-owned Boston Dynamics publicly demonstrated its humanoid robot Atlas for the first time on Monday at the CES technology showcase, ratcheting up a competition with Tesla and other rivals to build robots that look like people and do things...
Barita Investments Limited can proceed in fully acquiring JN Fund Managers Limited (JNFM), a wholly owned subsidiary of Jamaica National Group, according to a release on the matter. “The transaction is expected to increase Barita’s assets under...
The value of all shares on the Jamaica Stock Exchange (JSE) closed 2025 at US$1.98 trillion in market capitalisation, some 5.0 per cent lower than the previous year, as all three major indices registered declines. Investors grappled with relatively...
Betty Boop and ‘Blondie’ are joining Mickey Mouse and Winnie the Pooh in the public domain. The first appearances of the classic cartoon and comic characters are among the pieces of intellectual property whose 95-year US copyright maximum has been...
Digita Global Marketing (DGM) has opened a $75-million multimedia production space on Mountain View Avenue, Kingston, designed to streamline content creation for businesses and creatives. DGM acquired a 1,000-square-foot facility for about $50...
Annie recently completed her honours MBA with an A- in strategic planning and was promoted to chief marketing officer (CMO). However, just before the holidays, her CEO gave her feedback. “You’re not being strategic enough,” he said, which sent her...
Asian shares and US futures advanced on Tuesday after stocks closed higher on Wall Street. Oil prices fell back after gaining on Monday following the capture by US forces of Venezuelan President Nicolás Maduro in a weekend raid. In Tokyo, the...
The food and finance conglomerate GraceKennedy Limited(GK) has codified a governance rule that ensures neither men nor women can hold less than 30 per cent of board seats. The requirement was outlined in its revised governance code released in late...
President Donald Trump’s plan to take control of Venezuela’s oil industry and ask American companies to revitalise it after capturing President Nicolás Maduro in a raid isn’t likely to have a significant immediate impact on oil prices. Venezuela’s...
Tesla lost its crown as the world’s bestselling electric vehicle maker on Friday as a customer revolt over Elon Musk’s right-wing politics, expiring US tax breaks for buyers and stiff overseas competition pushed sales down for a second year in a...
A 19th-century Georgian style property with ties to the Devon House estate has entered the market, with sellers asking US$3.4 million or J$550 million for just over half an acre. The price, among the higher end of listings, is being pitched as...
