Tue | Dec 31, 2024

Business

Published:Tuesday | December 31, 2024 | 6:37 PM

Motorists will pay more for gas and diesel when they go to the pumps on Thursday. The state-owned oil refinery, Petrojam, says E-10 87 is to move up by $0.57 to sell for $152.35 per litre and a litre of E-10 90 will go up by $0.53 to sell for $161....

Published:Tuesday | December 31, 2024 | 12:06 AM

As artificial intelligence (AI) continues to grow at a rapid pace, more and more businesses are grappling with how to adapt both quickly and responsibly. Dan Priest was recently appointed as the chief AI officer at PwC USA, one of the world’s...

Published:Sunday | December 29, 2024 | 12:14 AM

Dr Marlene Street Forrest, managing director of the Jamaica Stock Exchange (JSE), will remain at the helm of the organisation until the board appoints a successor, the JSE announced on Friday evening. “The JSE announces that the managing director...

Published:Sunday | December 29, 2024 | 12:14 AM

Remember this moment because it probably won’t last: A US lottery jackpot is projected to soar above US$1 billion, and that’s still a big deal. Friday’s Mega Millions drawing is worth an estimated US$1.22 billion, evoking headlines and likely...

Published:Sunday | December 29, 2024 | 12:13 AM

We are a few days shy of 2025, and the stage is set for a precarious year for Jamaica. Small businesses, entrepreneurs, and aspiring startups can expect to confront a complex external environment in the upcoming months that may be shaped by...

Published:Sunday | December 29, 2024 | 12:13 AM

Most Americans believe health insurance profits and coverage denials share responsibility for the killing of UnitedHealthcare’s CEO — although not as much as the person who pulled the trigger, according to a new poll. In the survey from NORC at the...

Published:Sunday | December 29, 2024 | 12:13 AM

Jamaica’s economic future is once again in the spotlight. Elections are around the corner. And the prime minister just unveiled the ASPIRE programme. But amidst past disappointments and skepticism, how can leaders like him inspire others to embrace...

Published:Sunday | December 29, 2024 | 12:10 AMLuke Douglas - Gleaner Writer

The supply of sorrel, a favourite Christmas drink in Jamaica, has declined this season with at least one supplier paying up to 60 per cent more to source the crop. The market blames the reduction on the impact of Hurricane Beryl and the subsequent...

Published:Sunday | December 29, 2024 | 12:09 AM

The Jamaican economy is facing serious challenges going into the first quarter of 2025, and political decisions are likely to play an important role over the next few months, said noted researcher Don Anderson. With the economic indicators...

Published:Friday | December 27, 2024 | 12:07 AM

Bluesky has seen its user base soar since the US presidential election, boosted by people seeking refuge from Elon Musk’s X, which they view as increasingly leaning too far to the right, given its owner’s support of President-elect Donald Trump....

Published:Friday | December 27, 2024 | 12:07 AM

Japanese automakers Honda and Nissan will attempt to merge and create the world’s third-largest automaker by sales as the industry undergoes dramatic changes in its transition away from fossil fuels. The two companies said they had signed a...

Published:Friday | December 27, 2024 | 12:07 AM

A Japan-based, government-commissioned panel of experts on Wednesday largely supported the country’s new energy policy for the next few years. It calls for bolstering renewables up to half of electricity needs by 2040, while maximising the use of...

Published:Friday | December 27, 2024 | 12:07 AM

A task force led by Brazilian prosecutors said it rescued 163 Chinese nationals working in ‘slavery-like’ conditions at a construction site in northeastern Brazil, where Chinese electric vehicle company BYD is building a factory. On Tuesday, the...

Published:Friday | December 27, 2024 | 12:07 AM

El Salvador’s Congress on Monday approved a law that would lift the country’s seven-year-old ban on mining for metals. The law, proposed by President Nayib Bukele and passed on a 57-to-3 vote, would allow mining everywhere except nature reserves...

Published:Friday | December 27, 2024 | 12:07 AM

The vibrant murals by Kingston Creative are transforming the streets and perception of downtown Kingston, with its latest client being the Bank of Jamaica (BOJ). The organisation aims to develop leisure and business within these communities. For...

Published:Friday | December 27, 2024 | 12:06 AMNeville Graham - Gleaner Writer

QWI Investments has managed to turn the page on a string of annual losses aided by adding more US stocks to its portfolio, including Nvidia. Going forward, management wants to grow its US stocks to half of the fund’s portfolio, from the current 25...

Published:Friday | December 27, 2024 | 12:06 AM

Medical Disposables...

Published:Friday | December 27, 2024 | 12:06 AM

Medical scanning company, Elite Diagnostic has introduced a system of “quasi-bonding” to reduce the migration of its skilled staff. The company provides additional training, and it helps to pay off the student loans of newly hired radiographers. It...

Published:Friday | December 27, 2024 | 12:06 AM

Mineral Heights in May Pen, Clarendon, will benefit from further urban development with plans by the Ministry of Education and Youth to build on 10 acres beside the trendy roundabout. The Government recently sent out tenders seeking architects to...

Published:Tuesday | December 24, 2024 | 12:07 AM

The emergence of generative artificial intelligence tools that allow people to efficiently produce novel and detailed online reviews with almost no work has put merchants, service providers and consumers in uncharted territory, watchdog groups and...

Published:Sunday | December 22, 2024 | 12:11 AM

The auditors of NCB Financial Group Limited (NCBFG) have revised the conglomerate’s profit downward by $1.7 billion, bringing it to $21.6 billion, following the restatement of certain contracts. This adjustment represented a 7.0 per cent decrease...

Published:Sunday | December 22, 2024 | 12:07 AM

United Oil...

Published:Sunday | December 22, 2024 | 12:07 AM

The Bank of Jamaica (BOJ) will lower its benchmark policy rate effective Monday, but it chided the banks for the slow pace of adjusting rates downward to customers. The Monetary Policy Committee (MPC) of the BOJ noted that “interest rates on bank...

Published:Sunday | December 22, 2024 | 12:07 AMNeville Graham - Gleaner Writer

In a deal worth $1.6 billion, First Rock Real Estate Investments has acquired a stake in a commercial complex in the Cayman Islands. It’s the largest transaction in that territory for the Jamaica-based group. The company secured a majority stake...

Published:Sunday | December 22, 2024 | 12:06 AM

Drivers and airline passengers without reindeer and sleighs better make a dash for it: it’s beginning to look like another record for holiday travel in the USA. The auto club AAA predicts that more than 119 million people will travel at least 50...

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