Helio Castroneves felt an immediate difference – a subtle but noticeable uptick in speed – the first time he utilised the boost of horsepower offered by IndyCar’s novel hybrid engines around the imposing…
Category: Business & Economy
Egg farmers praying for good weather to help boost production
With the main tourism season having ended in April, egg farmers are praying for a more favourable hurricane season this year so that they can fully supply the country including the hoteliers with…
Carreras profit more than doubles in first quarter
Cigarette trader Carreras Limited posted a net profit of $1.4 billion for the first quarter ended March 2025, more than double the $568.5 million earned in the year prior, as the cigarette distributor…
Non-tariff barriers stalling CARICOM poultry trade
With less than one per cent of the poultry trade throughout CARICOM originating from companies in the region, players in the industry say non-tariff barriers are curtailing their efforts to do more business…
Guardsman launches new cybersecurity centre
Guardsman Group Limited has launched its new Cyber Secure Operations Centre, SOC, in Kingston, which Group Director of Finance Neil Robinson says was outfitted at a cost of just under US$2 million. “We…
PM wants long term agri-supply contracts to become the norm
Prime Minister Dr Andrew Holness is urging hotel operators to negotiate long-term contracts with farmers who supply them with food produce, saying it would give the farmers security to invest in their operations….
Jamaica’s poultry sector valued at $310b in new study
A new study commissioned by the Caribbean Poultry Association estimates that the sector contributes more than $300 billion to the Jamaica economy, and is in a position to satisfy nearly all of the…
Nissan slashes 15% of global workforce as the Japan automaker sinks into losses
Nissan is slashing about 15 per cent of its global work force, or about 20,000 employees, as the Japanese automaker reported a loss Tuesday for the fiscal year that just ended amid slipping…
US and China reach a deal on tariffs, with a 90-day pause
The United States and China agreed Monday to slash their massive recent tariffs, restarting stalled trade between the world’s two biggest economies and setting off a rally in global financial markets. But the…