Tue | Dec 30, 2025

Business

Published:Friday | December 19, 2025 | 12:10 AM

Tourism-related companies listed on the Jamaica Stock Exchange (JSE) have been dealt a blow from Hurricane Melissa which will impact them well into 2026, according to large brokerage firm NCB Capital in a notice to clients this week. “The outlook...

Published:Friday | December 19, 2025 | 12:10 AM

Proven Management Limited, investment manager of Proven Group Limited, announced plans to partner with Cornerstone Group, which indirectly holds the second largest stake in Proven through its subsidiary, Barita Investments. The collaboration is...

Published:Thursday | December 18, 2025 | 12:10 AM

A private equity firm owned by President Donald Trump’s son in law, Jared Kushner, is no longer backing Paramount’s hostile acquisition bid for Warner Bros. Discovery, the firm confirmed on Tuesday. Days after Warner agreed to be bought by Netflix...

Published:Wednesday | December 17, 2025 | 12:09 AM

Salada Foods Jamaica Limited will close out 2025 with record revenues, a new sorrel-flavoured drink, and a US$302,000 (J$50-million) investment in an X-ray machine to improve the quality of its core coffee products. General Manager Tamii Brown said...

Published:Wednesday | December 17, 2025 | 12:08 AM

Since he started growing cannabis at 14, Mohamed Makhlouf has lived in the shadows, losing sleep while bracing for a knock on his door from authorities that could mean prison or his entire harvest confiscated. But after decades of operating in...

Published:Wednesday | December 17, 2025 | 12:07 AM

Ford Motor Co is pivoting away from its once ambitious electric vehicle (EV) plans amid financial losses and waning consumer demand for the vehicles, in favour of investment in more efficient gas engines and hybrid EVs, the company said on Monday....

Published:Wednesday | December 17, 2025 | 12:07 AM

Sagicor Group Jamaica Ltd said on Tuesday it will merge with Sagicor Life Inc, unifying operations under a new holding company, Sagicor Group Caribbean, and in the process create a US$6.9-billion entity. The deal, struck with parent Sagicor...

Published:Wednesday | December 17, 2025 | 12:07 AM

The United States gained a decent 64,000 jobs in November but lost 105,000 in October as federal workers departed after cutbacks by the Trump administration, the government said in delayed reports. The unemployment rate rose to 4.6 per cent last...

Published:Wednesday | December 17, 2025 | 12:06 AM

President Donald Trump signed an executive order on Thursday pressuring states not to regulate artificial intelligence. Trump and some Republicans argue that the limited regulations already enacted by states, and others that might follow, will...

Published:Wednesday | December 17, 2025 | 12:06 AM

The effects of Hurricane Melissa on Jamaica continue to resonate across all sectors. While more attention has been given to what we label as negative effects, there are more than the residual positive effects on many sectors. For example, there are...

Published:Wednesday | December 17, 2025 | 12:05 AM

TUI Group, one of the world’s largest tour operators, has reported slower-than-usual winter bookings following Hurricane Melissa’s impact in Jamaica, but maintains a positive outlook. The Germany-based company will also pivot towards capturing...

Published:Wednesday | December 17, 2025 | 12:05 AM

The financial conglomerate Scotia Group Jamaica (SGJ) made $20 billion profit for its October 2025 financial year, or roughly $150 million less than a year ago, as provisions tied to Hurricane Melissa offset otherwise steady banking operations. The...

Published:Tuesday | December 16, 2025 | 3:02 PM

The following content was submitted and paid for by Targe Media.

As financial institutions quietly integrate blockchain into cross‑border payment flows, attention is shifting from retail trading to real‑world infrastructure. The XRP price still dominates headlines, but inside banks and payment firms, the focus is on what the XRP Ledger can actually do for settlement speed, liquidity management, and regulatory compliance.

Published:Tuesday | December 16, 2025 | 3:02 PM

Regulators on both sides of the Atlantic are moving from observation to action as the Ethereum ecosystem grows in size and complexity. The ethereum price is no longer viewed only as a speculative chart but as a signal attached to infrastructure that now underpins trading venues, lending protocols and tokenised assets.

Europe’s MiCA Rulebook Comes Into Force

Published:Tuesday | December 16, 2025 | 12:08 AM

Wall Street is losing ground on Monday at the start of a week full of economic reports that could drive where interest rates, and thus stock prices, go. The S...

Published:Sunday | December 14, 2025 | 12:11 AM

The United States Federal Reserve’s governing board unanimously approved the reappointment of nearly all of the Fed’s 12 regional bank presidents, a group that has come under scrutiny by the Trump administration. The Fed’s board approved the...

Published:Sunday | December 14, 2025 | 12:11 AM

The United States Department of Transportation has issued new guidance telling airlines they do not have to cover passenger expenses, such as meals or hotel stays, when flight cancellations or long delays are caused by aircraft recalls. The...

Published:Sunday | December 14, 2025 | 12:11 AM

A federal appeals court on Thursday backed a ruling that held Apple in civil contempt for brazenly defying an order designed to open its iPhone app store to other payment systems besides its own, but the decision also reopened a door for the...

Published:Sunday | December 14, 2025 | 12:10 AM

Next year, global growth is expected to be near 3.1 per cent, almost the same as this year. To many observers, such steadiness suggests a world economy drifting sideways, neither slowing nor accelerating. But the stability implied by the headline...

Published:Sunday | December 14, 2025 | 12:09 AM

Last Sunday, Christopher Burgess, PhD, civil engineer, land developer, climate change scientist, and newspaper columnist, drafted a blueprint of how government should approach rebuilding of the housing stock that was damaged and destroyed by...

Published:Sunday | December 14, 2025 | 12:08 AMLuke Douglas - Senior Business Reporter

Some Jamaican farmers are showing renewed interest in the rearing of goats despite the setback that many in the sector have faced following the passage of Hurricane Melissa, even while consumer demand for local mutton is expected to be muted over...

Published:Sunday | December 14, 2025 | 12:05 AM

A reader from Westmoreland who wrote to me recently shared a question that many people across the western parishes are now asking as they try to rebuild their lives after Hurricane Melissa. “Hey Yaneek, can you consider a question for me? Do you...

Published:Sunday | December 14, 2025 | 12:05 AM

Recently, my friend shared with me that his wife wanted to know what to do with the proceeds of bonds she owned that were due to mature soon in light of calls she had received from her investment adviser about investing the proceeds in new bonds...

Published:Friday | December 12, 2025 | 12:07 AM

Sweeping taxes on imports have cost the average American household nearly US$1,200 since Donald Trump returned to the White House this year, according to calculations by Democrats on Congress’ Joint Economic Committee. Using US Treasury Department...

Published:Friday | December 12, 2025 | 12:07 AM

Disney is investing US$1 billion in OpenAI and will bring characters such as Mickey Mouse, Cinderella and Luke Skywalker to the AI company’s Sora video generation tool, in a licensing deal that the two companies announced on Thursday. The...

Pages

Subscribe to Business