Category: Business & Economy

The Jamaica Stock Exchange (JSE) has announced that trading of shares in junior market company iCreate Limited will resume on Wednesday. Trading in iCreate’s shares was suspended on January 18, with the JSE citing a…

China’s central bank kept a key lending rate unchanged on Monday, choosing not to loosen credit as data for May showed signs of persisting weakness in the world’s No. 2 economy’s manufacturing and…

Constant rain since last fall has slowed down rum production at J. Wray…

Businessman Balram ‘Bali” Vaswani will remain at the helm of Kaya ganja stores in Jamaica after the merger with Canadian magic mushroom firm Silo Wellness. “I’ve been asked to serve as CEO and…

NCB Financial Group Limited said on Thursday that it has reached a deal with Cornerstone Financial Holdings Limited for the sale of a 30.2 stake in Clarien Group Limited. Its holdings in Bermuda-based…

Kingston Properties Limited, which trades as KPREIT, has stepped up its search for properties in the United Kingdom as it seeks to further diversify its real estate assets beyond markets in the Caribbean…

Inflation in the United States eased in May for a second straight month, a hopeful sign that a pickup in prices that occurred early this year may have passed. The trend, if it…

The planned addition of a 300-metre safety zone to the runway at Norman Manley International Airport, NMIA, will cost US$66 million ($10.2 billion), funded by PAC Kingston Airport Limited, the entity that manages…

The Urban Development Corporation, UDC, wants a test the viability of building low, middle and high-end homes in seven areas across five parishes, with low-end prices capped at $20 million. The developments can…

Activist shareholder Elliott Investment Management has bought a US$1.9 billion stake in Southwest Airlines and is seeking to force out the CEO of the airline, which has struggled with operational and financial problems….