One on One Educational Services Limited CEO Ricardo Allen said the company continues to implement strategic initiatives, including launching proprietary technologies, geared toward generating “sustainable medium- to long-term revenues” that will drive shareholder…
Category: Business & Economy
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In recent months, the development of artificial intelligence has accelerated considerably, with generative AI systems such as ChatGPT and Midjourney rapidly transforming a wide range of professional activities and creative processes. The window…
Paramount aims to quadruple business
PARAMOUNT Trading (Jamaica) has set its sights on an aggressive target of quadrupling both its revenues and profits by 2027 as it builds out its manufacturing arm to satisfy demand for its products…
Fortinet skills gap report uncovers lack of cybersecurity skills
New Fortinet research reveals escalating cyber risks due to the ongoing talent shortage. The report revealed that organisations in Latin America and the Caribb ean experienced an average of three breaches last year….
Barbados Government seeks extension of IDB final disbursement date
BRIDGETOWN, Barbados, CMC – Barbados has requested an extension of the final disbursement date for a multimillion-dollar Inter-American Development Bank (IDB) loan aimed at deploying cleaner fuels and renewable energies. Home Affairs and…
Big Tech crackdown looms as EU, UK ready new rules
TikTok, Twitter, Facebook, Google, and Amazon are facing rising pressure from European authorities as London and Brussels advanced new rules Tuesday to curb the power of digital companies. They’re among those on a…
Appeals court upholds Apple’s control of iPhone app store
An appeals court on Monday upheld Apple’s exclusive control over the distribution of iPhone apps, rejecting the latest attempt to force one of the world’s most powerful companies to dismantle the digital walls…
Cuba fuel shortages prompt rationing, event cancellations
Cuba’s fuel shortages have increased dramatically with authorities suspending activities, including a concert by the country’s national symphony, as well as rationing gasolene sales and moving some universities’ classes online. Cubans have…
Jamalco sold for US$1
Century Aluminum Company, a United States-based associate of Glencore, will acquire the majority stake in Jamalco for US$1, stripping former owner Noble Group of the lossmaking alumina refinery. The deal is days away…
Sygnus Credit share buy-back to begin shortly
As the local stock market continues to decline amid rising interest rates, Sygnus Credit Investments Limited (SCI) will be seeking to execute its share buy-back programme by mid-June to provide additional liquidity and…