Business
May 22, 2026
Trump will ease refrigerant rule in a bid to address surging grocery costs
The Trump administration plans to loosen a federal rule that requires grocery stores and air-conditioning companies to reduce greenhouse gases used in cooling equipment, in what officials say is a…
May 22, 2026
US stocks drift after oil prices rise and Nvidia's latest profit report gets a yawn
The US stock market is drifting on Thursday following a rebound for oil prices and mixed reports on the US economy.
The S&P 500 fell 0.3 per cent and is on track for a fourth drop in five days…
May 20, 2026
IFC plans US$10m stake in Sygnus-managed CARICOM Fund
The International Finance Corporation (IFC) plans to invest US$10 million in a Caribbean Community (CARICOM) fund managed by Sygnus Capital Limited, subject to board approval.
"The proposed…
May 20, 2026
by Luke Douglas
JUTC moves to set up mini depots on north coast
The state-led Jamaica Urban Transit Company Limited (JUTC) plans to set up seven mini depots across the island as part of steps to add new routes, mainly along the north coast.
The move would…
May 20, 2026
by Carolyn Guniss
Jamaican business fuel anxiety surges on global oil spike
Concern among Jamaican businesses about fuel and transport costs nearly doubled in a single survey period, as rising oil prices push inflation expectations above the Bank of Jamaica's (BOJ)…
May 20, 2026
Woodcats posts lower quarterly profit after hurricane-hit demand dips
Woodcats International Ltd posted a 13.7 per cent decline in profit before tax for the three months ended March, marking the wood products manufacturer's first earnings report since listing on…
May 20, 2026
BOJ says cost estimate for new business centre premature
The Bank of Jamaica (BOJ) says it is too early to put a price tag on its planned business centre at Hillcrest Avenue, as the professional designs needed to scope the project have not yet been…
May 20, 2026
Summer travellers who relied on Spirit Airlines may struggle to find budget alternatives
Days after Spirit Airlines shut down in the middle of the night, a lawyer for the defunct budget carrier stood before a bankruptcy judge and apologised to the price-conscious customers who might…
May 20, 2026
A new Swatch model is introduced, and a case study in overexcited ‘drop culture’ plays out
In Paris, police deployed tear gas. In Milan, Italy, a fistfight erupted. In London, Singapore and New York, all-night queues snaked from the doors of Swatch stores — the latest examples of…