Seprod Ltd, the manufacturing conglomerate, plans to break ground on its first housing development, a joint venture with parent company Musson Group on 3,000 acres of agricultural land at Belvedere in St Thomas….
Author: infojamaica
Hanover losses spotlighted in Lloyd’s study on Caribbean insurance gaps
A study commissioned by Lloyd’s, the London-based insurance and reinsurance marketplace, found that farmers, fishers and tourism workers in three hurricane-exposed Caribbean countries — Jamaica, Barbados and Grenada — are left to replace…
JMMB’s Dom Rep arm deploys US$11m to solar, wind through fund
JMMB Group’s Dominican Republic (DR) fund management subsidiary has placed US$11 million (J$1.5 billion) in renewable energy investments through its Sustainable Energy Fund, marking one of the more concrete examples of a Caribbean…
Oil prices jump, Dow drops more than 1,100 as sinking AI stocks drag Wall Street lower
Oil prices got back to jumping on Wednesday, while sinking technology stocks dragged Wall Street lower amid uncertainty about what the Federal Reserve will do to get high inflation under control. The S&P…
US economy grows at sluggish 1.5% in Q2 with inflation remaining high
The US economy expanded at a sluggish 1.5 per cent pace from April through toJune as rising imports weighed on growth, yet consumers continued to spend. And the Federal Reserve’s favoured measure of…
Why Jamaican athletes should prepare for life after sports
Our athletes are busy, and there are opportunities for professionals and amateurs. Some are making good money, and others are on the cusp. But money can be fleeting and the active years relatively…
Microsoft beats Wall Street expectations with US$90b in revenue
Microsoft posted strong results for its quarterly earnings on Wednesday, beating expectations and showing strong growth in its cloud computing platform and a boost in paid AI users. The Redmond, Washington company earned…
Russia accuses Telegram CEO of aiding terrorism
Russian authorities said on Wednesday that tthey had charged Pavel Durov, the founder and CEO of the messaging app Telegram, with aiding terrorism, the latest step by the Kremlin to bring the Internet…
Massive Legacy, Heavy Moment: Derrick Morgan & Queen Ifrica
Massive Legacy, Heavy Moment: Derrick Morgan & Queen Ifrica The reggae community is witnessing a painful and deeply emotional moment as a legal battle unfolds between ska foundation legend Derrick Morgan and his…
The Numbers That Tell the Story: Jimmy Cliff
Jimmy Cliff, born James Chambers, was not just a musician; he was the charismatic face of reggae’s introduction to the world globally. Before the genre became synonymous with Bob Marley’s global superstardom, it…