Business

Sandals Resorts International’s US$230-million redevelopment of its Dunn’s River hotel property, particularly the addition of 18 overwater villas, has received mixed reactions from the community, according to a newly released environmental impact...

Three researchers who probed the process of business innovation won the Nobel memorial prize in economics Monday for explaining how new products and inventions promote economic growth and human welfare, even as they leave older companies in the...

The decarbonisation of energy systems depends largely on the embrace of wind and solar energy. Fortunately, the costs of solar power are falling fast and, combined with the low-cost batteries that are now available, solar has become a competitive...

Credit unions play a vital role in enhancing economic development, promoting financial inclusion for underserved populations, supporting small businesses, and contributing to systemic resilience and financial stability. They aren’t just financial...

Every night, some 74,000 gallons (280,000 litres) of water are frozen at Norton Audubon Hospital in Louisville, Kentucky. The hospital used to get all of its air conditioning from a conventional system found in most buildings in the United States,...

China outlined new curbs on exports of rare earths and related technologies on Thursday, extending controls over use of the elements critical for many high-tech and military products ahead of a meeting in about three weeks between President of the...

Tesla rolled out new, cheaper versions of two of its electric car models on Tuesday in hopes the offerings will help revive flagging sales, but investors dumped its stock anyway. The new Model Y, costing just under US$40,000 with a stripped-down...

Lasco Manufacturing Limited, LASM, will invest $1.1 billion by the end of 2026 to improve the efficiency of its operations. This investment is in addition to the $425 million spent on improvements in the year ending March 2025, aimed at boosting...

Wigton Energy Limited, which has set sights on becoming one of the largest owners of solar power in Jamaica, says it will take two years to build out the 70 megawatts of capacity. The company will remain focused on renewable energy, but the solar...

The global economy is holding up better than expected despite major shocks, but the head of the International Monetary Fund says that resilience may not last. “Buckle up,” Managing Director Kristalina Georgieva said in a speech at a think tank...

There is a growing fear that the outsourcing industry is under threat, not only from the possibility of replacing live agents with AI, but also from policy changes in America, like the proposed bill called the Keep Call Centers in America Act, that...

Lasco Financial Services Limited, LFSL, says it has clinched a government contract to provide financing routes for small and medium-sized enterprises under a public-private partnership arrangement. “We will be working with them (Jamaican government...