The revenue of Digicel Holdings slipped, but other metrics improved, contributing to a rating upgrade from Moody’s by one notch to B1 from B2. “The rating action incorporates Digicel’s ability to absorb external…
Category: Business & Economy
Warsh’s gamble: A quieter Federal Reserve could mean volatile markets, higher rates
The Federal Reserve has, for decades, moved steadily from a remote, opaque government agency that shared little about what it did or why to a more transparent institution willing to explain how it…
Blue Mahoe Capital Caribbean launches US$5-million crowdfunding push to build affordable homes in Jamaica
Blue Mahoe Capital Caribbean Inc, a Florida-based real estate developer, launched a crowdfunding campaign this month to raise US$5 million for affordable housing projects in Jamaica, marking a step in its bid to…
Kintyre enters EV market through share issuance, diluting existing shareholders
Kintyre Holdings (Ja) Ltd has acquired a majority stake in an electric vehicle (EV) dealership in a deal expected to reach $100 million, financed through the issuance of new shares, marking the company’s…
Digicel flags regulatory concerns over SpaceX’s global 5G cellular ambitions
Digicel Group has raised concerns about regulatory parity as SpaceX moves ahead with plans to deliver 5G connectivity directly to unmodified cell phones — a development that comes as Starlink’s satellite internet service…
Jamaica airport workers earn equal pay overall, but that figure masks gender imbalances underneath
Women and men, on average, earn equal pay at Jamaica’s two largest airports, but that overall equity conceals imbalances at the operational, management, and executive levels, according to the Sustainability Report 2025 released…
In boost to Musk, Justice Department seeks to dismiss air pollution lawsuit against xAI data centre
The Trump administration is helping one of Elon Musk’s companies fight a civil rights lawsuit that alleges it is illegally running dozens of natural gas turbines to power a US$20 billion AI data…
Summit auction rescheduled for today
The auction of the former Knutsford Court Hotel in New Kingston has been rescheduled to June 17 after the original sale date was postponed. “The vendor is selling under powers of sale contained…
UCC seeks US$15m to launch Trelawny ‘smart city’, invites six universities as partners
The University of the Commonwealth Caribbean (UCC) aims to raise US$15 million to complete land acquisition for EcoVista, a 283-acre development in Trelawny. The plan involves building a university-anchored smart city. UCC plans…
