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Category: Business & Economy

Business & Economy

US stocks rise even as bond market applies more pressure

infojamaica
August 23, 2026

US stocks rose Friday and trimmed their losses from a shaky week. That was even though the bond market, which has been the centre of Wall Street’s action, remained jumpy and continued to…

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Business & Economy

Uber fined nearly $1 billion by Dutch regulators over automated suspensions of driver accounts

infojamaica
August 23, 2026

Dutch data-protection authorities have fined Uber nearly US$1 billion, saying the ride-hailing company used automated software to suspend driver accounts, sometimes permanently, with no human review to check for mistakes. The Dutch Data…

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Business & Economy

Japan economy inches up 1.1 per cent in June quarter

infojamaica
August 23, 2026

Japan’s economy grew at an annual rate of 1.1 per cent in the April-June quarter even as private consumption stayed flat and the growth of exports declined, according to government data recently released….

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Business & Economy

Customer data demand and hurricane recovery drove Digicel emissions higher

infojamaica
August 23, 2026

Digicel Group consumed a fifth more energy across its 25-market network in the fiscal year ended March 2026, as surging customer data demand and hurricane recovery operations pushed greenhouse gas emissions higher, according…

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Business & Economy

Digicel set to roll out AI agent Ruby across Caribbean after Jamaica debut

infojamaica
August 21, 2026

Telecom provider Digicel Group revealed that Ruby, its artificial intelligence (AI)- powered assistant, now successfully resolves more than half of the queries routed through it in Jamaica without human involvement. Ruby augments rather…

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Business & Economy

Higher yields in bond market and drop for Walmart drag US stocks lower

infojamaica
August 21, 2026

A rise in oil prices on Thursday is sending worries about inflation and yields in the bond market higher, erasing some of the relief the United States Treasury Department created the day before….

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Business & Economy

PROVEN returns to profitability on US$9.4-million gain from Roberts Manufacturing partial sale

infojamaica
August 21, 2026

PROVEN Group Ltd swung to a net profit of US$8.2 million for the first quarter of fiscal year 2027, reversing a loss of US$2.6 million in the corresponding period a year earlier. The…

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Business & Economy

Pan Jamaica Group acquires Discount Pharmacy property, charts Manor Park redevelopment

infojamaica
August 21, 2026

Pan Jamaica Group Limited (PJG) has acquired the property housing Discount Pharmacy on the corner of Constant Spring and Olivier roads in upper St Andrew, giving the conglomerate ownership of three contiguous properties…

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Business & Economy

Seprod profit rises 16%, group trims debt

infojamaica
August 21, 2026

Seprod Limited reported net profit of $688 million for the second quarter ended June 30, 2026, a 16 per cent increase over the year-earlier levels, as disciplined expense management compensated for a three…

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Business & Economy

Hotel Four Seasons relisted at US$13.5m

infojamaica
August 21, 2026

Hotel Four Seasons, the 114-room hospitality property on Ruthven Road in New Kingston, has returned to the market at US$13.5 million, reflecting a discount from its listing five years earlier. The property is…

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