Category: Business & Economy

Recent rains have led to nearly $500 million in lost coffee crops. Farmers lost up to 30 per cent of their beans, which were often too fat to hang on to the tree…

Wigton Windfarm Limited, whose energy operations was been built out in three phases over time, has got on extension on its power supply contract with Jamaica Public Service Company, JPS, while it works…

A.S. Bryden…

More than a year after its listing on the stock market and a more than one-third spike in annual sales revenue, Regency Petroleum Company, RPL, is bullish on business in 2024 amid expansion….

Investment company Mayberry foresees a “sexy” stock market emerging by year end, based on government’s enlarged budget, which the company’s officers describe as positioning for the general election. “We now have a clear…

JetBlue Airways and Spirit Airlines are ending their proposed US$3.8 billion merger weeks after a federal judge blocked the deal, saying it would hurt consumers who depend on Spirit’s lower fares. JetBlue said…

American natural gas supplier New Fortress Energy, NFE, racked up record profit of US$548 million year, bettering its previous annual outturn by 180 per cent. “This year was a record by all of…

Sagicor Group Jamaica Limited, SGJ, has made annual profit of $14.4 billion for its shareholders, recording gains on all its main business segments, except for investment banking due to the continuing effects of…

Manufacturing and distribution company Wisynco Group is looking towards August to wrap up the current multibillion-dollar expansion programme but has already put a new production line into operation. It has also launched a…

Profit at Barita Investments Limited halved to $480 million in the December first quarter from $1 billion a year earlier due to reduced gains from real estate. Still, Barita’s outlook sees the securities…