Published:Wednesday | February 28, 2024 | 12:06 AM
Amazon.com Inc has joined the ranks of one of Wall Street’s oldest and most exclusive stock indexes: The Dow Jones Industrial Average. The e-commerce pioneer officially take its position among the 30-company Dow before the open of trading on...
Published:Wednesday | February 28, 2024 | 12:06 AM
When it comes to safety culture at Boeing, there is a “disconnect” between senior management and workers, and employees responsible for checking the company’s planes question whether they can raise issues without fear of retaliation, according to a...
Published:Wednesday | February 28, 2024 | 12:06 AM
United States Secretary Janet Yellen on Tuesday offered her strongest public support yet for the idea of liquidating roughly US$300 billion in frozen Russian central bank assets and using them for Ukraine’s long-term reconstruction. “It is...
Published:Wednesday | February 28, 2024 | 12:05 AM
Hotels operated locally by Playa under the Hilton, Hyatt and Jewel brands generated US$220 million ($34 billion) in revenue during 2023, bettering the previous year by 22 per cent. It comes alongside continuing recovery in the travel market and an...
Published:Wednesday | February 28, 2024 | 12:05 AM
This year looks to be a much better one for the United States economy than business economists were forecasting just a few months ago, according to a survey released on Monday. The economy looks set to grow 2.2 per cent this year after adjusting...
Germany plans to enable underground carbon storage at offshore sites, pushing ahead with a much-discussed technology in an acknowledgement that time is running out to combat climate change, the country’s vice-chancellor said on Monday. Europe’s...
SOURCES CLOSE to the management of assets in the Stocks and Securities Limited (SSL) fraud matter say that former sprinter Usain Bolt would not have received anything from assets disbursed or assigned to date. It was stated that what has been...
LONDON: BRITAIN AND its former partners in the European Union (EU) have struck a deal to cooperate more on tackling illegal migration, in the latest sign of a thawing in relations between the two sides following Brexit. The British government said...
Nvidia’s stock price jumped 16 per cent on Thursday, increasing the company’s market value by a staggering $273 billion in just one day, a record amount. The chipmaker has been seeing soaring demand for its semiconductors, which are used to power...
IF THERE’S one thing in life that’s guaranteed, it is that we will all age. It is an inevitable part of the human life cycle, yet the pace at which our population is ageing is unprecedented, and the implications of this massive demographic shift we...
A FEW days ago, I read the Jamaica Fire Brigade’s (JFB) report on its activities for the 2023 calendar year that was published in this newspaper. Details of the report were not posted on the brigade’s website at the time. Also absent was JFB...
TECHNOLOGY FIRM Productive Business Solutions Limited (PBS), controlled largely by businessman PB Scott, made US$11.4 million (J$1.8 billion) in profit for its full year ending December, or one-third higher than a year earlier. Management described...
The Tourism Workers Pension Scheme (TWPS) came into being upon the enactment of The Tourism Workers Pension Act 2019. A defined contribution pension scheme, it is the source from which tourism workers and self-employed workers in the tourism...
DATA PROTECTION consultancy firm Securys is setting up an operational hub in Jamaica. The company, which is based in the United Kingdom, is set to broaden its presence in the Caribbean region with the new branch in Jamaica. The company already has...
SENATOR DANA Morris Dixon, minister without portfolio in the Office of the Prime Minister, indicates that the National Identification System (NIDS) is expected to be deployed in the first quarter of 2024 as long as the relevant regulations are...
KINGSTOWN, St Vincent: ST VINCENT AND and the Grenadines Prime Minister Dr Ralph Gonsalves on Wednesday said he is not prepared to comment on the ongoing situation regarding the embattled President of the Barbados-based Caribbean Development Bank (...
SEPROD SUBSIDIARY AS Bryden Holdings (ASBH) is banking its future growth on a new logistics hub in central Trinidad. CEO Richard Pandohie says this facility is expected to be operational by December 2025. He says the new logistics and distribution...
GEORGETOWN, Guyana: THE PRESIDENT of ExxonMobil Guyana, Alistair Routledge, says the establishment of a local supply chain to support Guyana’s rapidly advancing oil and gas sector was not only important to improve the efficiency of the company’s...
SANTA CLARA, California: NVIDIA CORP, which has seen its value skyrocket over the past year, thanks to soaring demand for its graphics chips used for artificial intelligence (AI), posted stronger-than-expected results on Wednesday for its latest...
BANGKOK: WORLD MARKETS advanced and Japan’s Nikkei 225 share benchmark surged to an all-time high yesterday, bypassing its previous record set in December 1989. Tokyo’s benchmark closed at 39,098.68 yesterday. Its previous record was 38,915.87, set...
DUBAI, United Arab Emirates: THE DUBAI-based budget carrier FlyDubai saw record profits of $572 million in 2023, boosted by carrying the most passengers ever across its network, the company announced yesterday. The state-owned carrier, based in the...
UNITED STATES (US)-based Century Aluminum plans to invest up to US$15 million (J$2.3 billion) in the alumina operations at Jamalco in Clarendon this year, which doubles its investment a year earlier. The investments include new equipment, but also...
BENGALURU, India: JUST A few years ago, someone who wanted to install a rooftop solar connection in India faced getting multiple approvals, finding a reliable company to install the panels and spending heavily before seeing the first surge of clean...
