Category: Business & Economy

Nippon Steel and US Steel filed a federal lawsuit on Monday challenging a Biden administration decision to block Nippon’s proposed US$15-billion acquisition of the Pittsburgh company and said that the head of the…

The media company Limners and Bards Limited (The LAB) spent $133 million on content development for its latest financial year, that it expects to license going forward. The company said it will focus…

The Jamaica Stock Exchange (JSE) gained some 3.0 per cent in 2024, pushing the market to a $2.1 trillion valuation. “I expect that the trend, though marginal for 2024, will continue into 2025,”…

Dealmaker Dan Theoc expects 2025 to attract institutional investors back to the stock market and longer term bonds for inflation-beating opportunities. Theoc, who heads the investments banking division at Mayberry investments, expects the…

Pulse Investments reported a double-digit fall in earnings for the September first quarter which followed on from write-downs to end its financial year. The company continues to transition after the passing of its…

Mining venture Geophysx Jamaica Ltd expects to start drilling in 2025 as it advances its partnership with Canada-based Barrick Gold. “We will be drilling targets in 2025,” said Geophysx founder and Managing Director…

Cornerstone has given its financial holding company a rough valuation of $38.5 billion in capital to 2023, documents released this week indicate. The financial holding company will combine the capital of Barita Investments,…

As artificial intelligence (AI) continues to grow at a rapid pace, more and more businesses are grappling with how to adapt both quickly and responsibly. Dan Priest was recently appointed as the chief…

Dr Marlene Street Forrest, managing director of the Jamaica Stock Exchange (JSE), will remain at the helm of the organisation until the board appoints a successor, the JSE announced on Friday evening. “The…