There are several estate planning tools – trusts, joint ownership, living gifts, and wills – but a will is perhaps the most common and effective means of passing on one’s assets to named beneficiaries. It takes effect after the death of the...
Today’s article is a mixture of a piece I began writing when Melissa, then a tropical storm, first threatened Jamaica. The other parts are post-Hurricane Melissa news. Like many people, I did not know then that this storm would quickly develop into...
PriceSmart Inc, operator of membership warehouse clubs across the Americas, plans to double its store count in Jamaica to four by next year. “The company purchased land in Montego Bay, Jamaica, and leased land located on South Camp Road, Jamaica,...
Airports in New York, Los Angeles and Chicago are among 40 of the busiest across the United States where flights will be cut starting Friday due to the government shutdown, according to a list distributed to the airlines and obtained by The...
General Accident Insurance Company Jamaica Limited is expanding through the addition of a new subsidiary, Trinidad-based Beacon Insurance Company Limited, which will create one of the largest regional insurance platforms in the English-speaking...
What are we to make of gold and US stocks, especially tech-heavy indices, recently hitting record highs around the same time? Traditionally, gold surges when equities correct; but this time, both have risen together, defying conventional wisdom....
In the wake of Hurricane Melissa’s devastating sweep across Jamaica, CG United Insurance Limited has mobilised a regional disaster recovery team to support its Jamaican operations and assist affected policyholders. The Category 5 storm, which made...
Agro-Investment Corporation, an agri-business promotion and facilitation agency, has estimated losses to its network at around $690 million in the wake of Hurricane Melissa, but that number is preliminary and could rise. Meanwhile, a tally of the...
Federal appeals court judges in Manhattan reacted sceptically Tuesday when a lawyer for once high-flying cryptocurrency entrepreneur Sam Bankman-Fried argued that his fraud conviction was unfair and should be overturned. The attorney, Alexandra...
Food distributor Everything Fresh Limited confirmed that its operations are intact post-hurricane, albeit that its plant at Bog Walk in St Catherine has to be operating on generator power. “There has been no cold chain issue whatsoever, therefore...
Pizza Hut could soon be up for sale. Yum Brands, Pizza Hut’s parent company, said on Tuesday it’s conducting a formal review of options for the brand, which has struggled to compete in a crowded pizza market. Yum CEO Chris Turner said Pizza Hut...
Caribbean Cement Company Limited said it holds sufficient cement inventory and production capacity to support Jamaica’s rebuilding efforts following Hurricane Melissa, as it disclosed third-quarter earnings. The country’s sole cement manufacturing...
Just nine months in, General Accident Insurance Company Jamaica Limited’s earnings have already surged past the full-year results for all of 2024, performance that positioned the insurer for a strong year end close; but that was before Melissa....
Caribbean Cream Limited’s Montego Bay depot sustained damage during Hurricane Melissa, but the company expects to be back to normal before the busy holiday season. The ice cream company, which trades as Kremi, is already grappling with losses,...
Google Maps is heading in a new direction with artificial intelligence sitting in the passenger’s seat. Fuelled by Google’s Gemini AI technology, the world’s most popular navigation app will become a more conversational companion as part of a...
The European Union has agreed with China on stabilising the flow of rare earth materials and products from China that are critical elements for many high-tech and military products, an official said Tuesday. EU trade commissioner Maroš Šefčovič met...
Verisk Analytics, a global data analytics firm, estimates that insured property losses from Hurricane Melissa in Jamaica could range between US$2.2 billion and US$4.2 billion, but these figures await corroboration from local insurance and other...
All nations of the world had homework this year: submit new-and-improved plans to fight climate change. But the plans they handed in “have barely moved the needle” on reducing Earth’s future warming, a new United Nations report finds. And a good...
Artificial intelligence company Stability AI mostly prevailed against Getty Images on Tuesday in a British court battle over intellectual property. Seattle-based Getty had accused Stability AI of infringing its copyright and trademark by scraping...
When announcing an aggressive policy, US President Donald Trump typically offers some grotesque justification – a nonsensical fiction that is supposed to stick in our minds as a rationale for violence. The more we swallow these lies now, the harder...
Small business operators who have suffered damage to their business or personal property from Hurricane Melissa are being urged to meet with their creditor institutions immediately in order to renegotiate their loans. Dennise Williams, second vice...
In the wake of Hurricane Melissa, the Small Business Association of Jamaica, SBAJ, is urging the Jamaican government and big businesses to review policies to help micro, small and medium-sized enterprises get back on their feet as soon as possible...
CAC 2000 Limited has reported a net loss for the third quarter ended July 2025, citing persistent logistical challenges, increased operating expenses, and delayed project invoicing. The air-conditioning and energy solutions company made a loss of $...
Indian authorities in late October carried out a cloud-seeding experiment over smog-choked New Delhi in an attempt to induce rainfall and clear the city’s toxic air, which has sparked anger among residents. A plane sprayed chemicals into clouds...
The Postal Corporation of Jamaica, which operates as Jamaica Post, has scaled back its outbound deliveries to currently one-quarter of the world nations, and that’s before factoring in disruptions caused by Hurricane Melissa. The slowdown has...
