Jamaica Public Service Company Ltd (JPS) doubled its net profit for the June 2026 quarter to US$23.5 million, up from US$11.9 million a year earlier, boosted by a US$17.3-million insurance payout that offset…
Category: Business & Economy
Cheaper, open and intelligent
China has a hot new product in the United States: artificial intelligence (AI). San Francisco-based Raffi Krikorian, the chief technology officer at Mozilla, which runs the Firefox browser, switched to Chinese AI startup…
Scotia’s Canadian parent sweetened Ja buyout by J$1.3b before deal went public
Scotiabank Canada raised its offer to acquire the outstanding minority stake in Scotia Group Jamaica Ltd by J$1.50 per share – a sweetener worth roughly J$1.3 billion (CDN$10 million) across the minority shares…
Taiwan charges nine over illegal AI server exports to China, including Nvidia and Super Micro staff
Taiwanese prosecutors charged nine people Monday, including one from Nvidia and two from Super Micro, for illegally exporting “high-end AI servers” to mainland China, adding another wave of turbulence in the AI rivalry…
Jardiance drug searches spike 50% amid Usain Bolt campaign
The makers of the chronic kidney disease (CKD) drug Jardiance say that enlisting retired sprinter Usain Bolt as the face of their latest campaign has raised awareness, amid a spike in online searches….
US stocks rise even as bond market applies more pressure
US stocks rose Friday and trimmed their losses from a shaky week. That was even though the bond market, which has been the centre of Wall Street’s action, remained jumpy and continued to…
Uber fined nearly $1 billion by Dutch regulators over automated suspensions of driver accounts
Dutch data-protection authorities have fined Uber nearly US$1 billion, saying the ride-hailing company used automated software to suspend driver accounts, sometimes permanently, with no human review to check for mistakes. The Dutch Data…
Japan economy inches up 1.1 per cent in June quarter
Japan’s economy grew at an annual rate of 1.1 per cent in the April-June quarter even as private consumption stayed flat and the growth of exports declined, according to government data recently released….
Customer data demand and hurricane recovery drove Digicel emissions higher
Digicel Group consumed a fifth more energy across its 25-market network in the fiscal year ended March 2026, as surging customer data demand and hurricane recovery operations pushed greenhouse gas emissions higher, according…
Digicel set to roll out AI agent Ruby across Caribbean after Jamaica debut
Telecom provider Digicel Group revealed that Ruby, its artificial intelligence (AI)- powered assistant, now successfully resolves more than half of the queries routed through it in Jamaica without human involvement. Ruby augments rather…