Tue | Sep 28, 2021

Business

Closed pumps are seen on the forecourt of a petrol station in Manchester, England, on Monday, September 27. The petrol station was one of many across the UK which ran out of fuel after an outbreak of panic buying. AP

Lines of cars formed at some British gas stations for a fourth day on Monday, as the government mulled sending in the army to help ease supply disruption triggered by a shortage of truck drivers. As the British Medical Association called for...

Mailpac Group, which is heavily into the e-commerce solutions business, has, through its Mailpac Local subsidiary, launched an online grocery store to grow market share, with a plan to retail products some five to 15 per cent less than traditional...
ICAJ President Allison Peart.

Against the background of a recent survey showing that 12 multinational corporations, MNCs, operating in Jamaica would be subject to the proposed global minimum tax rate of 15 per cent, the government is being urged to revisit tax incentives...

France will send its ambassador back to Washington next week after French President Emmanuel Macron and United States President Joe Biden agreed in a phone call on Wednesday to meet next month over a submarine dispute. The two heads of state “have...

Reusable packaging, from stainless steel ice cream containers to glass jars of soap, is about to become more common at groceries and restaurants worldwide. Loop, a two-year-old company that collects and sanitises reusable containers, has said it’s...

The Jamaica Stock Exchange (JSE) Combined Index advanced marginally Friday, on moderate trading, with an advance/decline ratio of 36/37. The JSE Combined Index moved up by 633.24 points or 0.16 per cent to close at 405,934.80. The JSE Main Market...

Europe-based global clean energy firm MPC Energy Solutions, which is listed on the Oslo Stock Exchange in Norway, is reporting that it has leased several acres of land in Jamaica as part of a major project to develop a 72.5-megawatt, MW, solar...

Financial conglomerate JMMB Group Limited, living up to its group CEO Keith Duncan’s mantra of not wasting a crisis, is expanding its business and intends to enter a new Caribbean country this financial year as part of a slate of upcoming...

Advertising and production company Limners and Bards Limited, which trades as The LAB, grew earnings 32 per cent to $142 million for the nine-month period up to July, on revenues which also rose 37 per cent to $942 million. The performance was...

The planned completion of the expansion in the distribution business of manufacturing and distribution company Seprod, which was set to come on stream at the end of September, has been delayed. The company is now looking for the project to happen...
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