Category: Business & Economy

THE PHARMACY chain Fontana Limited bagged $341 million in record profit from its second quarter, which ended in the busy Christmas season. It resulted in a 5.0 per cent growth in profit, in…

Thousands of ride-hailing and delivery workers in the United States (US) and the United Kingdom (UK) went on strike on Valentine’s Day, calling for higher pay and other changes to their working conditions….

NEW YORK: A few months ago, Derek Carrier started seeing someone and became infatuated. He experienced a “ton” of romantic feelings, but he also knew it was an illusion. That’s because his girlfriend…

HAMILTON, Bermuda: THE BERMUDA Tourism Authority (BTA) says the British Overseas Territory (BOTT) has recorded “a significant turning point” in visitor arrivals last year, recording a total of 714,000 as compared with 808,000…

FORMER TRUSTEE for Mystic Mountain Limited, Debbie-Ann Gordon, was granted permission on Monday to present her grounds for appeal on or before February 23, in relation to costs awarded against her in the…

Two affiliated Lasco companies will graduate to the main market on the Jamaica Stock Exchange (JSE) next month after a decade of listings. “The effective date of the graduation is Wednesday, March 27,…

Motorists will pay $1.56 more for gas when they go to the pumps on Thursday. The state-owned oil refinery, Petrojam, says E-10 87 will sell for $166.70 per litre and a litre of E-10…

Diamondback Energy will attempt to buy rival Endeavor Energy Resources to create an energy giant in the Southwestern United States worth more than $50 billion. Growing confidence in an economic recovery, particularly in…

National Commercial Bank (NCB), the largest bank in the island, said that its backlog of fraud cases under investigation was cut in half after implementing two anti-fraud measures. Also, the parent of the…

There are new regulations coming for virtual asset providers in Jamaica, which are said to be offshore. In Jamaica, the Financial Services Commission (FSC) is currently conducting a risk assessment on virtual assets…