In response to the growth of its pharmaceutical operations, Lasco Distributors Limited has acquired a commercial property in the vicinity of its base on Red Hills Road in Kingston to facilitate the division’s expansion. Lasco Chairman James Rawle...
Two years ago, Pfizer was the envy of the pharmaceutical world, with more than US$100 billion in annual sales from its COVID-19 vaccine and antiviral Paxlovid. Today, CEO Albert Bourla is trying to turn the page from that success story, which has...
Prime Minister Andrew Holness listed ‘rural development, climate resilience, and sustainable agriculture’ as areas of action when he spoke at a UN Food and Agriculture Organisation (FAO) regional meeting in Montego Bay, according to a March 8, 2018...
In 1971, US Treasury Secretary John Connally famously told his counterparts in the G10 that “the dollar is our currency, but it’s your problem”. Connally was being unexpectedly candid about the fact that even though the greenback was the world’s...
The United States is speeding up efforts to license and build a new generation of nuclear reactors to supply carbon-free electricity. Faster development is one thing Congress and the administration agree on. President Joe Biden signed legislation...
We often count our medals long before the Olympics. Sometimes our athletes meet or exceed our expectations. Other times, they do not. The same happens with our personal financial plan, so it is important to monitor it. There are many reasons why...
Renewable energy company Wigton Windfarm Limited, which now trades as Wigton Energy, is reporting improved performance for the first quarter ended June, a period in which net profit shot up 142 per cent. The improved numbers resulted from several...
Salada Foods Jamaica Limited has gone digital while heading downmarket for fresh revenue. For the third quarter ended June, sales at the coffee processing company rose to $405 million, a 46 per cent increase from $277 million for the similar period...
Is incivility stealing productivity and profits from your business? Recently there has been a surge in research and evidence around the world that it is, and people managers and leaders must pay attention, and act. Cyberbullying, rudeness,...
Deforestation in Brazil’s Amazon rainforest slowed by nearly half compared to the year before, according to government satellite data released Wednesday. It’s the largest reduction since 2016, when officials began using the current method of...
Disney returned to a profitable third quarter as its combined streaming business started making money for the first time, along with a very strong showing in theatres for the movie Inside Out 2. Operating income for the entertainment segment, which...
Consider last week’s tale of two central banks. Each is long-established, with influence that extends well beyond its country’s borders, and both are pressed to make delicate judgement calls aimed at continuing to reduce inflation, while avoiding...
The Trinidad and Tobago government said Tuesday that at least 10 proposals have been submitted for the operation of the state-owned oil refinery in Point-a Pierre. The request for proposals issued by Trinidad Petroleum Holdings Limited closed on...
A federal judge in the United States has branded Google as a ruthless monopolist bent on suffocating its competitors. But how do you go about creating alternatives to a search engine that’s synonymous with internet exploration? It’s a process that...
After posting its first loss in company history, Paramount Trading Jamaica Limited has embarked on a programme of retrenchment even as it continues headhunting fresh talent. CEO Hugh Graham said the dual track, that is, job separations amid new...
Key Insurance Company Limited earned profit of $16 million in the June second quarter, a seven per cent improvement that was driven by higher core revenue and investments. The company’s outlook remains positive despite external risks. “Despite a...
Holder of one-fifth of the world’s fresh water, the Amazon is beginning the dry season with many of its rivers already at critically low levels, prompting governments to anticipate contingency measures to address issues ranging from disrupted...
Dubai International Airport saw a record 44.9 million travellers pass through its terminals in the first half of this year, putting the world’s busiest airport for international travel back on track to beat its all-time record, as aviation booms...
Motorists will pay more for gas when they go to the pumps on Thursday. The state-owned oil refinery, Petrojam, says E-10 87 is to move up by $0.06 to sell for $175.67 per litre and a litre of E-10 90 will go up by $0.07 to sell for $184.68....
The Caribbean Hotel and Tourism Association, CHTA, says the regional tourism industry has shown extraordinary resilience in the wake of Hurricane Beryl, with data revealing a rapid rebound in travel bookings. Hurricane Beryl, the first hurricane of...
Fertiliser manufacturer Newport-Fersan Jamaica Limited says there should be no shortage of the critical agricultural input for the rest of the year as the sector seeks to recover from nearly $5 billion in losses as a result of Hurricane Beryl. The...
Billionaire Warren Buffett slashed Berkshire Hathaway’s massive Apple stake in a move that could prove unsettling for the broader stock market – both because the investor is so revered and because there had been little positive financial news...
A judge on Monday ruled that Google’s ubiquitous search engine has been illegally exploiting its dominance to squash competition and stifle innovation in a seismic decision that could shake up the internet and hobble one of the world’s best-known...
Central banks are not sovereign principalities, and their governors are not sovereign princes. While central bank independence has been essential to effective policymaking in recent decades – giving monetary authorities the political cover to...
Despite robust labour regulations, Latin American countries have exceptionally high turnover rates. Roughly 24 per cent to 44 per cent of workers in Argentina, Brazil, Ecuador, Mexico, Paraguay, and Peru quit each year, and 30 per cent to 50 per...
