Brazil’s federal government on Friday reached a multibillion-dollar settlement with the mining companies responsible for a 2015 dam collapse that the government said was the country’s worst-ever environmental disaster. Under the agreement, Samarco...
There will be adequate supplies of chicken and chicken products for the upcoming Christmas season, says the Jamaica Broilers Group Limited, JBG, the country’s largest poultry producer and supplier. The company’s leadership is upbeat about the near...
Micro, small and medium enterprises are missing out on the billions of income available to businesses that vie for government contracts, which keep being awarded to a narrow set of companies, Nadia Morris, the acting executive director of the...
Southwest Airlines will replace several members of its board with candidates pushed by Elliott Investment Management to end a months-long fight with the hedge fund, which is pressuring the airline to boost profits and the stock price. Southwest...
Apple is releasing a free software update that will inject its first dose of artificial intelligence into its iPhone 16 line-up as the trendsetting company tries to catch up with technology’s latest craze. The upgrade to the iOS 18 operating system...
Spirit Airlines is cutting jobs and selling off some jets worth millions of dollars as the budget carrier aims to cut costs amid looming financial struggles and an uncertain future. In a Thursday regulatory filing, Spirit said it has identified...
Some readers, mainly from insurance companies, criticised my two recent articles about the industry’s slow adoption of technology to speed up the motor claims settlement process. The articles were said to be “unfair and damaged the industry’s...
Multiple studies show that most strategic plans fail. The reasons are many, but one mistake is common. Teams believe they know what “strategic” means, but they end up being wrong to the detriment of their companies. Their “strategic plan” lacks...
For the financial system to function effectively, people must feel confident that their money is safe. This is a primary reason why there are regulatory bodies, laws, codes of conduct, and penalties for breaches. Rules and structures,...
Gore Developments Limited plans to construct 700 homes under phase two of its Coral Springs Village housing project in Trelawny, but the development faces hurdles from heritage and tourism agencies. The key issues revolve around archaeological...
The Jamaica Broilers Group Limited, JBG, says most of its growth in the immediate future will come from the United States segment of its business, where it expanded its chicken plant to produce 700,000 chickens per week. The company disclosed that...
Cinema operator Palace Amusement Company has reduced screenings of Joker: Folie à Deux, a film that has underperformed locally and internationally, based on reviews. Rarely has a film, a super villain action movie set as a musical, been so...
Most people have accumulated a pile of data – selfies, emails, videos and more – on their social media and digital accounts over their lifetimes. What happens to it when we die? It’s wise to draft a will spelling out who inherits your physical...
A long, wooden boat puttered down the Indio River’s chocolate waters carrying Ana María Antonio and a colleague from the Panama Canal Authority on a mission to hear directly from villagers who could be affected by plans to dam the river. The canal...
Mexico’s new president announced an agriculture plan that could make the country’s food production and distribution look a lot more like it did in the 1980s, when meals in Mexico were dominated by tortillas, beans, instant coffee and cheap hot...
Russian President Vladimir Putin on Thursday presided at the closing session of a summit of the BRICS bloc of developing economies, praising its role as a counterbalance to what he called the West’s “perverse methods”. The three-day summit in the...
More emphasis on innovation and a refreshed industrial policy are needed for the country to avoid what has been called “the middle-income trap”, according to views on what Jamaica needs to move up the income scale espoused at a forum in Kingston....
The Jamaican Government has launched a search for architects and other professionals to design the Morant Bay Museum, which is expected to draw visitors to the parish of St Thomas. The St Thomas Chamber of Commerce anticipates increased commercial...
Mayberry Group Limited, MGL, is announcing big changes as Patrick Bataille joins the team as a director and chief executive of Mayberry Investments Limited, with immediate effect. Bataille, whose expertise includes digital transformation, has...
The United States government fined American Airlines US$50 million for failing to provide wheelchair assistance to passengers with disabilities and damaging thousands of wheelchairs over a five-year period. The US Transportation Department said...
After a tumultuous couple of years, the global economy finally seems to be in recovery mode. But beneath a placid surface of falling inflation and rising overall growth lie considerable inconsistencies, weaknesses, and tensions, reflected in...
The Inter-American Development Bank says it has launched organisational changes to increase the impact and scale of its development work throughout the Latin American and the Caribbean region. “We’re doing this to increase the impact and scale of...
AMG Packaging and Paper Limited, which makes cardboard packaging for businesses, recorded higher profit but blamed the sluggish economy for its flat sales. Profit totalled $136 million for year ending August 2024 , up from $89 million in the...
Jamaica celebrated its 56th National Heroes Day on Monday, October 21. There are more Jamaican heroes than the seven who have been accorded the title Order of National Hero. History is replete with instances where many things got done or have been...
