Tue | Aug 14, 2018

Business

Saudi Arabia's sovereign wealth fund would be the main source of money for Tesla CEO Elon Musk's grand plan to take the company private, but the deal isn't done yet, Musk disclosed in a blog on Monday.The fund approached Musk about going private...

National Commercial Bank Jamaica, NCB, has rolled out a second loan product on its digital platform, this time a pay advance loan that has no interest charge attached but comes with a monthly flat fee and is repayable in a month.The bank said on...

More than two years after the official opening of the North-South Highway, and a decade since the Government compulsorily acquired land at Moneague, St Ann as part of the project, businessman Magnus Mullings is still engaged in a struggle to get...

Seprod Limited is investing nearly a billion dollars in the construction of two gas-powered energy plants on-site two of its subsidiary companies that will...

Millennials are driving demand for data services, in Jamaica and across the region, leading to a fivefold growth in usage on Digicel Jamaica's network in half a decade, according to CEO Justin Morin....

Proven Investments Limited, PIL, said Wednesday that its real estate subsidiary will be developing an 80-unit residential complex on Braemar Avenue, which was the original home of Red Bones Blues Cafe...

Virgin Group founder Sir Richard Branson is planning to create the world's first climate-smart zone in the Caribbean and has secured the backing of the Inter-American Development Bank, IDB, for...

Bakery operator Honey Bun Limited entered two new markets in the Caribbean within the quarter ending June, but CEO Michelle Chong is keeping the country's identities close to her chest.Other...

Jamaica Stock Exchange Limited, JSE Group, doubled its net profit in the June quarter buttressed by new listings that are tracking ahead of target, with more to come.JSE Group made $90 million in June, up 97 per...

Tesla CEO Elon Musk is seeking relief from the pressures of running a publicly held company with a US$72-billion buyout of the electric carmaker, but he may be acquiring new headaches with his...
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