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,…
Category: Business & Economy
PwC’s view on AI in 2025
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…
JSE head remains until successor chosen
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…
Sorrel price spike
The supply of sorrel, a favourite Christmas drink in Jamaica, has declined this season with at least one supplier paying up to 60 per cent more to source the crop. The market blames…
The $100m murals of Kingston
The vibrant murals by Kingston Creative are transforming the streets and perception of downtown Kingston, with its latest client being the Bank of Jamaica (BOJ). The organisation aims to develop leisure and business…
QWI wants more US stocks after Nvidia bounce
QWI Investments has managed to turn the page on a string of annual losses aided by adding more US stocks to its portfolio, including Nvidia. Going forward, management wants to grow its US…
Fake AI reviews for Christmas
The emergence of generative artificial intelligence tools that allow people to efficiently produce novel and detailed online reviews with almost no work has put merchants, service providers and consumers in uncharted territory, watchdog…
First Rock buys $1.6B stake in Cayman complex
In a deal worth $1.6 billion, First Rock Real Estate Investments has acquired a stake in a commercial complex in the Cayman Islands. It’s the largest transaction in that territory for the Jamaica-based…
