Business
02 Oct, 2026
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Formal jobs decline by 24,000 as fewer Jamaicans work
More than 21,000 Jamaicans were no longer employed in July, with most of the losses concentrated in formal jobs, even as the country's unemployment rate remained near historic lows, according to…
01 Oct, 2026
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Hedge fund CEO Ken Griffin gives record US$3b to Carnegie Mellon to build Miami campus
Carnegie Mellon University announced on Wednesday that hedge fund chief executive Ken Griffin is donating $3 billion, with the bulk of the money for a new campus in Miami focused on societal…
30 Sep, 2026
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Turkey’s ruling party deputy chair resigns after US$27m trading allegations
Turkey’s ruling party accepted the resignation of a deputy chair on Sunday after she was accused of selling shares worth tens of millions of dollars shortly before a stock market crisis. Turkish…
30 Sep, 2026
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Shares jump as Scotiabank adds over $11b to buyout offer
Canada-owned Scotiabank raised its offer to buy out the minority shareholders of Scotia Group Jamaica (SGJ) to $75 a share from $61.50, days before they vote. At $75, the offer values the roughly 848…
30 Sep, 2026
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Oran A Hall | Inflation is a thief
Inflation is a thief: it steals purchasing power, it steals the value of interest on savings accounts, it steals the value of some forms of investment income, and it steals living standards. It does…
30 Sep, 2026
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EduFocal wins key resolutions despite Mayberry unit’s opposition
Online education firm EduFocal Ltd won shareholder approval at its annual general meeting (AGM) to change its name to Walstron Ltd, broaden its business and issue new shares as compensation, despite…
30 Sep, 2026
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JBG brings in IBM, sets November deadline for governance overhaul
Jamaica Broilers Group (JBG) has engaged IBM to strengthen the controls in its financial reporting systems, and an independent firm will begin an internal audit of its US operations by October 31. JBG…
30 Sep, 2026
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Mining, agriculture and tourism decline shrink economy by 2.9% - STATIN
Steep declines in mining, agriculture and tourism-related activities helped shrink Jamaica's economy by 2.9 per cent in the April-June quarter, according to the Statistical Institute of Jamaica…
29 Sep, 2026
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Nvidia’s board increases chipmaker’s share buyback plan by $150b
Nvidia’s board has cleared the way for the company to spend US$150 billion more in share buybacks as the chipmaking giant looks to make use of more of its stellar revenue growth fuelled by demand for…