Michael Lee-Chin remains in control of NCB Financial Group Limited, operator of Jamaica’s largest commercial bank, even as one of his companies sheds millions of shares and Cornerstone takes up a slot among…
Category: Business & Economy
Argentine lawyers accuse President Milei of fraud over cryptocurrency promotion
Lawyers in Argentina filed fraud complaints against President Javier Milei in criminal court on Sunday for promoting a cryptocurrency on his social media, one of the lawyers told The Associated Press. On Friday,…
JCAA to make flights safer
The Jamaica Civil Aviation Authority, JCAA, which regulates the country’s airways, plans to ease congestion in the skies by implementing new software and systems to assist air traffic controllers. The regulator intends to…
Oran Hall | Retirement without a formal pension
Jamaica has made much progress in developing formal pension arrangements for the many people who work and must one day retire, but there are serious questions about how people will survive considering how…
TotalEnergies restructuring to deepen Jamaican operations
TotalEnergies Jamaica and Lasco Financial Services Limited have entered into an agreement that will see taxi operators and budget-conscious motorists earning discounts on petrol purchases at one of Jamaica’s largest gas station chains….
West Indies Petroleum partners with new supplier Sunoco as it reorganises
West Indies Petroleum Limited, WIP, has struck a deal with American oil and gas company Sunoco to distribute marine fuel in the Caribbean, using Jamaica as a base. It comes amid a reorganisation…
White House fires USAID inspector general, officials say
The White House fired the inspector general for the US Agency for International Development on Tuesday, American officials said, a day after his office warned that the Trump administration’s dismantling of USAID had…
Citrus fetching record prices amid severe shortage
Citrus fruits are fetching record prices in Jamaica due to a severe shortage locally and across the globe, caused by both disease and climate events. A 90-pound field box of oranges costs about…
Image Plus revenue clipped by machine downtime
Medical imaging company Image Plus Consultants Limited, IPCL, was looking towards reaping a return on investment in new machines installed recently. But according to CEO Kisha Anderson, increased costs and machine downtime have…
Apple iPhone sales slip despite highly anticipated AI rollout
Apple disclosed that its iPhone sales dipped slightly during the past quarter, signalling a sluggish start to the trendsetting company’s effort to catch up to the rest of Big Tech in the race…