Japan’s central bank on Friday raised the benchmark interest rate to 1.25 per cent from 1.0 per cent, a 31-year-high. The Bank of Japan has been trying to normalise monetary policy after decades of…
Anthropic’s Claude is helping the company develop the next, more intelligent version of the model, the artificial intelligence (AI) lab said in an announcement on Thursday. Claude is leading 26 per…
Innovative Energy Group (IEG) wants to enter property development to augment its solar-installation business, and would seek approval to use legacy tax losses from the Ciboney Group, a listed entity…
The Financial Investigations Division (FID) has gone to market for a real estate brokerage firm to sell 11 properties taken from criminals, the first concrete step towards the privately run disposal…
There are few instances in economic life when the business community can expect a tangible return on an external shift without cutting another cheque, and the dramatic fall in Jamaica’s murder rate…
Jamaica’s inflation problem has shifted from transport costs to drought-hit food prices, Minister of Finance and the Public Service Fayval Williams said on Wednesday, as she argued that the economy…
Rock Solid Plastics Ltd turns out up to 150 water tanks a day from its Kingston factory and now employs 40 people, up from five when it started in 2020. The company said demand has held steady as…
The Financial Services Commission (FSC) closed public consultation on Wednesday on guidelines that would require insurance companies and securities dealers to keep board-approved recovery plans…
Outsourcing provider Ibex Ltd closed two of its four Jamaican delivery centres and cut 1,405 workstations from the island during the financial year to June, stripping out 37 per cent of its Jamaican…