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….
Category: Business & Economy
Customer data demand and hurricane recovery drove Digicel emissions higher
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…
Digicel set to roll out AI agent Ruby across Caribbean after Jamaica debut
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…
Higher yields in bond market and drop for Walmart drag US stocks lower
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….
PROVEN returns to profitability on US$9.4-million gain from Roberts Manufacturing partial sale
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…
Pan Jamaica Group acquires Discount Pharmacy property, charts Manor Park redevelopment
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…
Seprod profit rises 16%, group trims debt
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…
Hotel Four Seasons relisted at US$13.5m
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…
Alibaba quarterly profit drops 75% as AI investment spending grows
China’s technology giant Alibaba on Thursday reported a 75 per cent drop in profit for the latest quarter as it invested big in artificial intelligence (AI) infrastructure, even as revenue coming from its…
Guardian approaches 80% settlement rate on Melissa claims
Regional insurance provider Guardian Holdings Ltd has settled more than 70 per cent of insurance claims arising from Hurricane Melissa, Group CEO Ian Chinapoo said last Friday. “So, as of June, we were…