Jamaica and the broader Caribbean will continue generating strong profits for French energy distributor Rubis in 2026, company executives said, dismissing concerns that the Middle East conflict will disrupt oil supplies to the…
Category: Business & Economy
SOS annual sales rise despite hurricane inventory write-downs
Stationery and Office Supplies Limited (SOS) held its ground in 2025, recording its second-highest annual revenue despite losing its entire Montego Bay inventory to Hurricane Melissa – a resilience the company credits to…
Jamaicans are 49th happiest in world – UN report
Jamaicans are happier this year than last year despite hurricane damage, according to the World Happiness Report 2026. In a world where conflict drives nations to the bottom and social media is eroding…
Hurricane Melissa damage prompts rethink of solar reliance for 220mw auction
Jamaica wants investors to build more wind and hydroelectric power projects, citing their resilience during hurricanes as part of a national push to generate half of its electricity from renewable sources by 2030….
Clarendon Alumina Partners to lose $7.6b even as partners push efficiency drive at Jamalco
Clarendon Alumina Partners (CAP), which holds a stake in Jamalco alumina refinery, expects to bleed losses totalling US$46 million (J$7.6 billion) for fiscal year ending 2027, according to government public bodies documents. “CAP’s…
Kintyre snaps up OOH Media outdoor advertiser
Kintyre Holdings (JA) Limited announced that it signed a binding agreement to acquire 100 per cent of OOH Media Services Limited, an outdoor advertising and branding business operating in Jamaica, while separately announcing…
US eases Venezuela oil sanctions as Trump seeks to boost world oil supply during war
UNITED STATES companies will be allowed to do business with Venezuela’s state-owned oil and gas company after the Treasury Department eased sanctions, with some limitations, on Wednesday as the Trump administration looks for…
Jamaica’s fuel stocks surge amid oil war
Shares of Jamaican fuel distribution companies have outpaced the broader market since January, while renewable stocks remain flat amid United States military action in Venezuela and Iran, which sent crude oil prices to…
Yam exports set to dip below US$40m for second year
Jamaican yam exporters expect some recovery in August after production fell by two-thirds at some farms in the wake of Hurricane Melissa. The crop, which in a good year earns about $6.5 billion…
Falling oil prices send Wall Street toward best day since US-Israel war on Iran
Oil prices are down, and stocks are up Monday, though such moves have been quick to reverse since the war in Iran began. The S&P 500 jumped 1.0 per cent and was on…
