Every extraordinary fortune tells a story, especially in a small economy where wealth is easier to see than to understand. The question then is whether we have the collective courage to read it….
Category: Business & Economy
Jamalco unplugs from grid, power turbine set to save up to US$28m a year
Century Aluminum Company brought a new power-generation turbine online at its Jamalco alumina refinery in Clarendon at the beginning of August, enabling the plant to generate all its own electricity, independent of the…
Women run the workforce, while men lead at the board level, VM Group data shows
Women account for nearly three-quarters of the workforce at VM Group – among the island’s oldest financial entities – but that ratio flips at the board level, according to the company’s 2025 annual…
Rising temperatures could keep more flights from taking off on time
Airline passengers know to expect possible flight delays when weather forecasts call for thunderstorms, heavy snow or strong wind. The omens are less obvious on a hot summer day with clear skies. Yet,…
SpaceX shares rise even as company insiders get a chance to sell for the first time
Stock in Elon Musk’s space company rose Thursday even after many SpaceX insiders were freed up to sell for the first time. Investors in SpaceX have pushed the shares down sharply in recent…
CDB funds feasibility study on CARICOM regional stock exchange
The Caribbean Development Bank (CDB) has approved a US$100,000 grant to study whether a single regional stock exchange could deepen capital-market integration across the Caribbean, an initiative that would reshape how businesses raise…
Wigton secures fund arranger for solar projects
Wigton Energy Limited has tapped Mayberry Investments Ltd (MIL) to lead the charge in arranging the funding for the installation of over 70 megawatts (MW) of solar power. Wigton Energy’s two utility-scale solar…
KingAlarm enters real estate development with 10-project pipeline
KingAlarm, the Azar family-owned security company, plans to develop real estate properties, with land already acquired for two initial projects in Kingston and Ocho Rios and eight more in the pipeline. The developments,…
IronRock returns to profit, after paying out most of Melissa claims
IronRock Insurance ompany Ltd returned to profit in its second-quarter 2026 with $21.7-million profit as the general insurer worked through claims from Hurricane Melissa while growing its top line at double-digit rates. CEO…
Disney’s strong quarter driven by ‘Toy Story 5’ and draw of US theme parks
Disney’s solid third quarter was driven by a US$1-billion box office haul from Toy Story 5 and the strong draw of US theme parks that helped to offset continued weakness from international tourism….