Category: Business & Economy

Pipe manufacturer and energy products trader FosRich Company Limited has secured a financing facility for customers wanting to purchase solar energy systems. FosRich will be tapping into the segment demanding systems of 0.5MW…

Perplexity AI has presented a new proposal to TikTok’s parent company that would allow the United States government to own up to 50 per cent of a new entity that merges Perplexity with…

Urban Development Corporation, UDC, is selling lands worth about $12 billion to drive the Caymanas Commercial Development project at Ferry, St Catherine. The divestment includes about 104 acres of land split into 68…

More than half of Jamaica’s workforce needs to get certified in STEM disciplines to maintain global competitiveness, a local edutech entrepreneur has said. STEM is short for science, technology, engineering, and mathematics. “It’s…

A globally recognised expert on artificial intelligence says the new technology will not take the jobs of professionals – not right away – but is taking on the tasks normally done by agents,…

The Government of Jamaica will be offloading its $10-billion stake in TransJamaican Highway Limited, operator of the Highway 2000 East-West toll roads, and divesting outsourcing assets held by the Port Authority of Jamaica…

Netflix added nearly 19 million subscribers during the holiday-season quarter to help propel its earnings beyond analysts’ projections, capping the video-streaming service’s best year yet, in a sign that its expansion into live…

Sugar producer Worthy Park Estate Limited is projecting output of more than 250,000 tonnes of cane from its own fields and contracted farmers for the 2025 crop year, the fruit of its continuing…

Barita cleared another hurdle on Monday when it when it got shareholder approval for a new scheme of arrangement that will see its reorganisation and formation into a financial holding company to be…

Billionaires’ wealth grew three times faster in 2024 than the year before, a top anti-poverty group reported on Monday as some of the world’s political and financial elite prepared for an annual gathering…