Fri | Jan 3, 2025

Business

Published:Sunday | December 15, 2024 | 12:07 AM

With artificial intelligence (AI) poised to reshape industries worldwide, a paradox is emerging. Despite growing demand for people with the knowledge to leverage the technology’s potential, AI-related skills remain in short supply. The scarcity of...

Published:Sunday | December 15, 2024 | 12:07 AM

It is time to take stock of your financial situation to determine where you are in relation to where you set out to be in 2024 when you assessed your position at the end of last year. There is much that could have made it difficult to be where you...

Published:Sunday | December 15, 2024 | 12:07 AM

Jamaica’s sun-kissed beaches and vibrant culture might appear to be paradise from the outside looking in, but for many who have made this country our place to live, work and do business it’s a daily struggle to survive. That uphill battle to make...

Published:Sunday | December 15, 2024 | 12:07 AM

After a sprawling hacking campaign exposed the communications of an unknown number of Americans, United States cybersecurity officials are advising people to use encryption in their communications. To safeguard against the risks highlighted by the...

Published:Sunday | December 15, 2024 | 12:07 AM

The poor performance of General Motors’ Chinese joint ventures is forcing the company to write down assets and take a restructuring charge totalling more than US$5 billion in the fourth quarter of this year. The Detroit automaker said in a...

Published:Sunday | December 15, 2024 | 12:07 AM

The rapid growth of the middle class in China and their search for experiences outside of their country has presented opportunities for international writers, including Jamaicans, to break into that massive market. This is the view of Alicia Liu...

Published:Sunday | December 15, 2024 | 12:06 AM

Living in the city offers residents greater access to commerce, but it comes with trade-offs such as higher rent, transportation costs and exposure to crime. Recognising these challenges, the Planning Institute of Jamaica, PIOJ, aims to track urban...

Published:Sunday | December 15, 2024 | 12:05 AM

When libertarian President Javier Milei assumed office one year ago, supermarkets in Argentina were marking price increases on an almost daily basis. Middle-class families tried to spend their rapidly depreciating pesos as quickly as they got them...

Published:Saturday | December 14, 2024 | 12:08 AM

The European Central Bank, ECB, has cut rates by a quarter percentage point amid signs of weakening growth and concern about the impact of political chaos in France and the possibility of new US import tariffs. The bank’s rate-setting committee...

Published:Saturday | December 14, 2024 | 12:08 AMHuang Yiping - Guest Columnist

China’s GDP growth slowed during the first three quarters of 2024, from 5.3 per cent to 4.7 per cent to 4.6 per cent, raising fears that the country would not achieve its annual growth target of around 5 per cent. But the latest data suggest that...

Published:Saturday | December 14, 2024 | 12:07 AM

Google on Wednesday unleashed another wave of artificial intelligence designed to tackle more of the work and thinking done by humans as it tries to stay on the technology’s cutting edge while also trying to fend off regulatory threats to its...

Published:Saturday | December 14, 2024 | 12:07 AM

It has been a stormy half-year for poultry producer Jamaica Broilers Group Limited, which has been pummelled by hurricane winds, both in Jamaica and the United States. “We’re turning the corner. It’s more not so much damage to assets, it was more...

Published:Saturday | December 14, 2024 | 12:07 AM

National Water Commission, NWC, plans to set up a solar system in St James, with a capacity of around 1 megawatt, to cut down on its energy bill. The water utility received planning approval from the National Environment and Planning Agency, NEPA,...

Published:Saturday | December 14, 2024 | 12:07 AM

Cinema operator Palace Amusement Company blamed poor quality films for its losses and a one-third fall in ticket sales. Palace, however, expects a better 2025, with strong films set for release. “Film distributors and exhibitors like us at Palace...

Published:Saturday | December 14, 2024 | 12:07 AMNeville Graham - Business Reporter

Amber Group is two years behind on its plan to launch a flying service in Jamaica, using recreational aircraft, but it is very much alive, the company’s CEO, Dushyant Savadia, has said. Having previously furloughed staff amid delays in the approval...

Published:Thursday | December 12, 2024 | 12:07 AM

TikTok has challenged a Canadian government order to shut down the Chinese video-sharing app’s business operations in the country that was imposed over national security concerns. The company said Tuesday that it filed an application for a...

Published:Wednesday | December 11, 2024 | 12:08 AMLaura Tyson and Lenny Mendonca/ - Guest Columnists

In exchange for helping Donald Trump get re-elected by spending US$130 million on Trump’s and down-ballot Republicans’ campaigns, and turning X into his messaging machine, Elon Musk earned himself the opportunity to co-lead a new ‘Department of...

Published:Wednesday | December 11, 2024 | 12:07 AM

The Biden administration has approved plans for a sale of oil and gas leases in Alaska that leaves open the door for drilling in a portion of the pristine Arctic National Wildlife Refuge. The sale will be held January 9, less than two weeks before...

Published:Wednesday | December 11, 2024 | 12:07 AM

Chinese electric battery company CATL and automaker Stellantis will build a major battery factory in northern Spain, the partners announced Tuesday. They said the plant will be located in Zaragoza and start producing lithium iron phosphate...

Published:Wednesday | December 11, 2024 | 12:07 AM

Chukka Caribbean Adventures Limited has received planning approval to develop a boutique hotel at Sandy Bay, Hanover, according to filings by the planning authority. The move would diversify Chukka’s tour offerings to include lodgings, at least at...

Published:Wednesday | December 11, 2024 | 12:07 AM

AS Bryden...

Published:Wednesday | December 11, 2024 | 12:07 AM

The Ministry of Agriculture, Fisheries...

Published:Wednesday | December 11, 2024 | 12:07 AM

The Betting Gaming and Lotteries Commission, BGLC, has begun the implementation of a new gaming management information system, which, for the time being, is designed to streamline new licence applications, amendments and renewals. BGLC Manager of...

Published:Wednesday | December 11, 2024 | 12:06 AM

China has banned exports of key materials used to make a wide range of products, including smartphones, electric vehicles, radar systems and CT scanners, swiping back at Washington after it expanded export controls to include dozens of Chinese...

Published:Wednesday | December 11, 2024 | 12:06 AM

Buoyed by strong domestic and export sales performance, coffee processor Salada Foods Jamaica Limited says its reaping returns from its innovations, its latest being the Golden Turmeric Latte. Aided by the new latte product, which the company said...

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