Category: Business & Economy

The United States economy slowed sharply from January through March, decelerating to just a 1.1 per cent annual pace as higher interest rates hammered the housing market and businesses reduced their inventories. Thursday’s…

Caribbean Assurance Brokers Limited, CAB, is doing due diligence on a targeted business that’s expected to become its first acquisition in nearly two decades of operation. The deal is being pursued simultaneously with…

Twitter under its 420-friendly owner Elon Musk became the first major social media company to allow cannabis advertisements earlier this year. Now, the platform is relaxing those rules in an attempt to lure…

Disney sued Florida Governor Ron DeSantis on Wednesday over the Republican’s takeover of its theme park district, alleging the governor waged a “targeted campaign of government retaliation” after the company opposed a law…

Private equity company Portland JSX Limited dipped into losses at year ending February, which Managing Partner Robert Almeida has linked to headwinds from changing interest rate environments and the damper it has put…

Ghana’s National Lottery Authority issued a licence on Wednesday to Game Park Limited, which will be utilising the proprietary platform owned by Supreme Ventures Limited, SVL, to operate two lottery games in that…

Two joint venture agreements between the Factories Corporation of Jamaica and Chinese company Henan Fifth Construction Group Company Limited have got the green light from Cabinet for the construction of mixed-use industrial and…

Despite rising interest rates and its knock-on effect on the cost of financing, the demand for loans in the construction sector has boomed over the past year amid a bullish real estate market….

A waste management business started by CEAC Outsourcing Limited five years ago has hit a snag, after multiple applications to expand the operations were either denied or stalled by the National Environment…

Following more than two years of compressed earnings in Trinidad & Tobago and Jamaica, Prestige Holdings Limited (PHL) is planning to spend big as it seeks to open several new stores and remodel…