Business
News from Jamaica
GraceKennedy Opens Applications for 2027 Birthright Programme
Organizers will select four Jamaican diaspora university students for an all-expenses-paid internship and cult…
Chevron expected to announce expansion operations in Venezuela, US official says
Oil giant Chevron is planning to expand its operations in Venezuela, a U.S. official said Tuesday, just days a…
BNS flags rising Caribbean mortgage write-downs as parent posts record quarter
The Bank of Nova Scotia (Scotiabank) disclosed slightly higher mortgage impairments in the Caribbean during it…
Nearly $6 billion worth of SVL shares remain with major holder
Ian Levy, the third-largest shareholder in Supreme Ventures Limited (SVL), has transferred his direct stake in…
NCB bond offer draws $11.06b, blowing past target by nearly two-thirds
Investment bank, NCB Capital Markets Limited (NCBCM) has closed a bond offer for NCB Financial Group Limited (…
Digicel appoints former Telefónica officer as group chief business officer
Digicel Group announced on Monday the appointment of Salvador ‘Salva’ Hierrezuelo as group chief business offi…
Apple’s new CEO, John Ternus, takes over from Tim Cook after 15 years
Apple’s new CEO, John Ternus, takes the helm of the iconic tech giant on Tuesday, ending Tim Cook’s 15-year te…
Social media companies are trying harder to know which users are kids
The Meta settlement – with protections the company says could become industry standards – will give the social…
Fast-fashion giant Shein’s shares fall after Hong Kong trading debut that spotlights its China roots
Shares in fast-fashion online retail giant Shein fell as much as 10 per cent after they began trading on Hong …
Federal Trade Commission and 22 states sue Amazon over inflated advertising prices
The US Federal Trade Commission and 22 states filed a lawsuit against online retailer Amazon on Monday claimin…
Oil prices rise and stocks slide as Middle East violence flares, adding to uncertainty
Oil prices jumped two per cent and world shares skidded on Tuesday as recurring violence in the Iran war, afte…
Influencer pleads guilty to criminal impersonation for viral pranks at Arizona businesses
A social media influencer known for posting viral videos of pranks has pleaded guilty to criminal impersonatio…
Julian Mair appointed Group CEO of NCB Financial Group, Sheree Martin becomes first woman to lead NCB
Julian Mair has been appointed Group Chief Executive Officer of NCB Financial Group Limited (NCBFG), effective…
Advantage General rebrands as Sagicor General Insurance Jamaica
Advantage General Insurance Company has officially rebranded as Sagicor General Insurance Jamaica Limited, bri…
Francis Wade The ‘Wait-and-See’ AI strategy
You have some doubts about your company’s approach to AI. The leadership team has decided to wait and see rath…
Juul gets OK to sell updated vaping device with age-gating tech
Vaping company Juul Labs on Friday received federal permission to sell an updated version of its e-cigarette, …
Judge says Pentagon’s measures against Anthropic were ‘illegal and baseless’
A federal judge has ruled in favour of artificial intelligence company (AI) Anthropic in its legal battle agai…
Fed Chair Warsh signals rate hikes may be needed as US inflation remains elevated
Federal Reserve Chair Kevin Warsh said Friday that inflation is still too high and suggested the central bank …
One-quarter million square feet of BPO-outsourcing space hits market
More than 245,000 square feet of office space sits vacant, reflecting higher-than-usual inventory amid a downt…
Port Authority seeks design studies for mixed-use Port in St Thomas, marina in Hanover
The Port Authority of Jamaica (PAJ) has moved a step closer to developing two new ports at opposite ends of th…
From tragedy to reform – The next frontier in road safety
On July 29, 2025, Jamaica lost Garfield Batts, a 59‑year‑old mechanical engineer, in a manner both sudden and …
Time limits, midnight cut-off: Meta’s new rules for kids go further, critics say not enough
Kids under 18 will soon see a host of changes to their Instagram and Facebook experiences, thanks to a histori…
NextGen Leaders Gain Firsthand Lessons from JN Group Professionals
KINGSTON, Jamaica — Eight young Jamaicans in the Valda Mae Care Foundation’s NextGen Leadership Programme go…
Strong AI chip demand fuels Nvidia’s Q2 results well beyond Wall Street’s expectations
Nvidia’s latest quarterly results once again blew past Wall Street’s expectations as revenue for the computer …
Atlantic growing amid rebuilding
Atlantic Hardware & Plumbing Company Ltd (AHPC) expects to deliver double-digit growth this year as post-Hurri…
Scotia’s Canadian parent sweetened Ja buyout by J$1.3b before deal went public
Scotiabank Canada raised its offer to acquire the outstanding minority stake in Scotia Group Jamaica Ltd by J$…
Energy ministry seeks independent review of JPS islandwide shutdown
Jamaica’s Energy ministry has commissioned an independent review of the June 5 islandwide power blackout, sign…
JPS net profit grows
Jamaica Public Service Company Ltd (JPS) doubled its net profit for the June 2026 quarter to US$23.5 million, …
How bitcoin, gold went from a slump to an MVP week
Bitcoin and gold shot higher this week, with both getting a boost from some frantic action surrounding the bon…
Cheaper, open and intelligent
China has a hot new product in the United States: artificial intelligence (AI). San Francisco-based Raffi Krik…
Taiwan charges nine over illegal AI server exports to China, including Nvidia and Super Micro staff
Taiwanese prosecutors charged nine people Monday, including one from Nvidia and two from Super Micro, for ille…