NICOSIA, Cyprus: Construction of a 1.9 billion-euro ($2.05 billion) section of an electricity cable that will connect the power grids of Greece and Cyprus is slated to begin in the new year, officials…
Category: Business & Economy
Rights groups urging a halt on British arms exports to Israel
LONDON: Legal and human rights groups have filed a legal challenge with Britain’s High Court calling for the United Kingdom (UK) to stop granting licences for weapons exports to Israel, activists said yesterday….
Google launches Gemini, upping the stakes in the global AI race
Google took its next leap in artificial intelligence yesterday with the launch of project Gemini, an AI model trained to behave in human-like ways that’s likely to intensify the debate about the technology’s…
iCreate seeking to settle after shake-up
Private equity investor Anthony Dunn and marketing and tourism aficionado Donovan White are now members of the board of junior market-listed company iCreate. Dunn is currently the chief investment officer of Delta Capital…
Jamaica signs PPP agreement with IFC
DUBAI: Jamaica signed a financial advisory services agreement on Monday with the International Finance Corporation (IFC), the private sector arm of the Washington-based World Bank, for the development and structuring of the National…
Caribbean rebrand to cost CIBC CA$27 million
The rebranding of its Caribbean subsidiary is set to cost the Canadian Imperial Bank of Commerce (CIBC) CA$27 million ($3.03 billion) or US$19.87 million as it seeks to establish one unified brand. This…
Baking success
Manufacturer of industrial and domestic plastic products Omni Industries is going after new business in the untapped bread tray and motor oil buckets industry. The two segments are both areas of the thermoplastics…
US job openings fall to lowest level since March 2021 as labour market cools
WASHINGTON (AP) — US employers posted 8.7 million job openings in October, the fewest since March 2021, in a sign that hiring is cooling in the face of higher interest rates yet remains…
Mastercard to up SME focus in 2024
I n its own attempt to further economic expansion across industries in Latin America and the Caribbean (LAC), Mastercard as a global pioneer in payment innovation and technology is looking to build up…
Arosa supports local pig industry through Pork Jamaica campaign
AROSA Limited, a processor of meats and purveyor of wines, cheeses and breads, in partnership with the Jamaica Pig Farmers’ Association (JPFA), is bolstering support for the local pork industry through a Pork…
