For the third straight year, efforts to fight climate change haven’t lowered projections for how hot the world is likely to get – even as countries gather for another round of talks to curb warming, according to an analysis Thursday. At the United...
Cities in Asia and the United States emit the most heat-trapping gas that feeds climate change, with Shanghai the most polluting, according to new data that combines observations and artificial intelligence. Nations at United Nations climate talks...
Good or bad, the United Nations climate negotiations process itself became the focus of the international talks that aim to curb warming from coal, oil, and natural gas. Environmental advocates released reports Friday decrying fossil fuel industry...
Boutique investment house Sterling Asset Management Limited is urging careful consideration as investors move to reinvest their money in an atmosphere of declining interest rates. Anna-Joy Tibby, Sterling’s assistant vice-president in charge of...
A Dutch appeals court on Tuesday overturned a landmark ruling that ordered energy company Shell to cut its carbon emissions by net 45 per cent by 2030 compared to 2019 levels, while saying that “protection against dangerous climate change is a...
Productive Business Solutions Limited, PBS, a Xerox distributor and technology service provider, saw its capital being slashed by a quarter, following accounting irregularities at its Costa Rica subsidiary. It led to job losses and management...
With its revenue and profits up in 2024, so far, online shopping and logistics company Mailpac Group Limited says it is improving its customer service and sprucing up its locations while remaining open to acquisitions, both in Jamaica and foreign...
Shares of Spirit Airlines plunged midweek after the budget airline said that it won’t announce quarterly financial results on time while it continues talks with bondholders to restructure its debt. Spirit said negotiations are progressing towards...
The ocean is our greatest natural resource. It provides half the planet’s oxygen, helps to feed half the world’s people, and, as the world’s largest carbon sink, is one of our best defences against climate change. But it is under attack like never...
Caribbean Cement Company Limited’s profit plunged in the July-September period, but it expects to recover in the December quarter amid increased production. “As we go into the final quarter of the year, we are committed to a return to pre-...
The Federal Aviation Administration in the United States announced Tuesday that it was prohibiting US airlines from flying to Haiti for 30 days after gangs shot three planes and the United Nations temporarily suspended flights to Port-au-Prince,...
New Fortress Energy, NFE, supplier of the gas that fuel’s most of Jamaica’s electricity generation, is seeking partners to take on its local and regional assets. The deal would see investors partnering to finance the entity with cheaper debt or...
Published:Wednesday | November 13, 2024 | 12:06 AM
The US government’s highway safety agency says Tesla is telling drivers in public statements that its vehicles can drive themselves, conflicting with owners manuals and briefings, with the agency saying the electric vehicles need human supervision...
Published:Wednesday | November 13, 2024 | 12:06 AM
Haiti’s international airport shut down on Monday after gangs opened fire at a commercial flight landing in Port-Au-Prince, prompting some airlines to temporarily suspend operations as the country swore in a new interim prime minister who promised...
Published:Wednesday | November 13, 2024 | 12:05 AM
While the world’s attention has been on the US election, the rising number of extreme weather events – from disastrous flooding in Spain to southern Africa’s worst drought in a century – highlights the need to remain focused on climate change,...
Published:Wednesday | November 13, 2024 | 12:05 AM
Investor Michael Lee-Chin plans to meet with bondholders over the delayed repayment of the Specialty Coffee Investment Limited bond. Lee-Chin, the principal owner of Specialty Coffee, said the meeting will provide updates and answer questions from...
A complex international two-week-long game of climate change poker is convening. Curbing and coping with climate change’s worsening heat, floods, droughts and storms will cost trillions of dollars and poor nations just don’t have it, numerous...
Imagine a world where China has supplanted the United States atop the world economy, and the renminbi, not the greenback, is the global reserve currency. This scenario would be disastrous for American citizens, businesses, and allies. Given America...
Nissan reported Thursday a loss for the latest fiscal quarter as its vehicle sales sank while costs and inventory ballooned, prompting the Japanese automaker to slash 9,000 jobs. Chief Executive Makoto Uchida said he was taking a 50 per cent pay...
High shipping costs, outdated infrastructure and the proper use of the land around the Port of Kingston have been identified as some of the hurdles that need to be overcome if Jamaica is to take its place as a world-class logistics hub, port and...
Omni Industries Limited, a trader in plastic products for household and industrial use as well as supplier of pipes and fittings, reported higher profit despite an economic slowdown and the impact of Hurricane Beryl. Pretax profit totalled $38...
As a leader, you have big aspirations for your people. However, the more you express them, the more opposition builds. How do you get past jaded sentiments and resigned responses to your hopeful view of the future? Case in point: Jamaica’s biggest...
Artificial intelligence has been discussed in this column a few times. The term was used on the premise that most readers understood what it is and recognised the profound impact that it will have in the short and long term. I now believe that my...
