Category: Business & Economy

MPC Caribbean Clean Energy Limited valued its stake in Paradise Park solar farm in Westmoreland at US$5.9 million ($930 million) through its holding company EREC Investment Limited. The company, which previously announced it…

Tesla sales fell 13 per cent in the first three months of the year, another sign that Elon Musk’s once high-flying electric car company is struggling to attract buyers. The double-digit drop is…

JN Bank UK has accumulated more than £43 million in losses over five years, according to UK Companies House filings. The bank, which launched into business in late 2020, during the advent year…

The Department of Cooperatives and Friendly Societies, DCFS, has recently relocated from property it occupied at 2 Musgrave Road in Kingston, adjacent to Guardian Life, which signalled it intends to develop the property…

US government efforts to eliminate diversity initiatives are not going down well on the European continent. Laurent Saint-Martin, France’s minister for foreign trade, said the country won’t compromise after the United States State…

United Oil…

Daniel Chong will step into the role of CEO of Honey Bun, as soon as he wraps up a $600-million project to expand the baking company’s business, replacing his mother as head of…

New Fortress Energy, NFE, supplier of nearly two-thirds of the energy powering Jamaica’s electricity grid, announced on Thursday the sale of its Jamaican assets and operations to Excelerate Energy Inc for US$1 billion….

A six-storey apartment complex recently completed on Upper Waterloo Road in Kingston has added 47 residential units to the housing stock, nearly two-thirds of which are already sold. The Nitram of Waterloo which…

The United States is on track to hit its statutory debt ceiling – the so-called X-date when the country runs short of money to pay its bills – as early as August without…