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Category: Business & Economy

Business & Economy

Risks spelled out for Anthropic investors include blowback from runaway AI

infojamaica
October 28, 2026

Any time a company looks to start selling shares on Wall Street, it’s required to disclose potential risks to investors. In the case of artificial intelligence (AI) giant Anthropic, that has included the…

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Business & Economy

GraceKennedy puts BPO outsourcing space for rent after Sutherland lease ends

infojamaica
October 28, 2026

GraceKennedy Ltd has returned a major business process outsourcing (BPO) facility in downtown Kingston to the rental market after the departure of long-time tenant Sutherland Global, ending a seven-year occupancy at the Central…

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Business & Economy

Anthropic files potentially biggest IPO ever, CEO warns of risk to humanity from AI

infojamaica
October 27, 2026

Artificial intelligence (AI) giant Anthropic filed papers Monday for what could be the biggest initial public offering (IPO) of stock ever even as its top executive warns that advanced AI could pose an…

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Business & Economy

JSE summary and tables

infojamaica
October 25, 2026

In Friday’s trading session the following reflects the movement of the JSE Indices: – The JSE Combined Index declined by 1,177.17 points ( 0.30 %) to close at 386,768.27 points and the volume…

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Business & Economy

Strategy formulation: The board said, “Use AI.” Now, prove it!

infojamaica
October 25, 2026

Your board has put you under pressure. It insists that you use artificial intelligence (AI) to improve the organisation’s strategic plans. Now, it wants proof. Strategy VP Nancy is reeling. Before today’s meeting,…

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Business & Economy

Fontana aims for chunk of $1.4bn makeup market, bets beauty is recession-proof

infojamaica
October 25, 2026

Óra by Fontana, the beauty division of the pharmacy chain, continues to expand its line-up across price tiers to capture a greater share of Jamaica’s $1.4 billion makeup import market. CEO Anne Chang…

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Business & Economy

Knutsford Express profit dips amid oil price spike

infojamaica
October 25, 2026

The cross-country bus company, Knutsford Express Services Ltd (KEX), said its first-quarter profit fell 19 per cent due to a double-digit rise in fuel costs. Net profit for the quarter ending August was…

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Business & Economy

Seaside villa earnings shrink a year after Melissa

infojamaica
October 25, 2026

Short-term rental earnings at villas and seaside properties along Jamaica’s north coast fell over the past year, even as earnings rose in most other markets. Average annual earnings at coastal villas in Montego…

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Business & Economy

25% of units remain at K2 waterfront apartments, no problem selling units

infojamaica
October 23, 2026

Three-quarters of the apartments at Kingston2 (K2), the $2.1-billion residential development overlooking the downtown Kingston waterfront, have been sold, according to the project’s developers. Richard Lake, principal director of Island Homes, said the…

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Business & Economy

Video game developer BioWare shuts down, next ‘Mass Effect’ cancelled amid broader lay-offs at EA

infojamaica
October 23, 2026

Video game publisher Electronic Arts (EA) is shutting down the popular and influential game development studio BioWare after more than three decades. The upcoming Mass Effect game, the fifth since 2007, has been…

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