Business

05 Jun, 2026 0

The Dow leaps to a record as oil prices ease and US stocks outside of AI rally
Wall Street rallied Thursday after falling oil prices and yields in the bond market eased the pressure on US stocks. Banks, small companies and other stocks that had earlier been left behind by the…
05 Jun, 2026 0

Canadian Prime Minister Mark Carney warns foreign AI platforms can be used against Canadians
Canadian Prime Minister Mark Carney warned Thursday that foreign artificial intelligence platforms could be used against Canadians. Carney said the defining technology of our era is here and said…
Business
03 Jun, 2026 0

US sanctions Iran’s largest digital asset exchange, Nobitex
As part of the Trump administration's ongoing campaign to pressure Iran into a deal that would end an ongoing war with the US and Israel, the US placed sanctions on Iran's largest digital…
Business
02 Jun, 2026 0

First Rock plans APO to fund property acquisitions 
First Rock Real Estate Investments Ltd Group plans to raise funds through an additional public offering (APO) to acquire real estate and for working capital purposes, as the group pushes to grow…
Business
02 Jun, 2026 0

Red Stripe names first female managing director as Heineken rotates top brass
Red Stripe has appointed Holly Bostock as managing director, effective July 1, replacing Daaf van Tilburg, who moves to a regional role in Heineken's Asia Pacific division — the latest in a…
Business
02 Jun, 2026 0

$192M insurance payout narrows Palace Amusement losses
Palace Amusement Company Ltd swung to a quarterly profit after receiving a $192-million insurance payout tied to hurricane damage at its Montego Bay cinema, though revenue fell sharply as the chain…
Business
02 Jun, 2026 0

Kremi raises prices 5% as costs drive $96m loss
Caribbean Cream Limited, the ice cream maker that trades as Kremi, said it raised product prices by an average of 5.0 per cent this month due to rising costs. "There are question marks about…
Business
02 Jun, 2026 0

Jamaica's remittance inflows rose 5.2 per cent in March
Jamaica received US$298 million in net remittance inflows in March 2026, or 5.2 per cent higher over the same month a year earlier, as flows from the diaspora continued to underpin the island's…
Business
02 Jun, 2026 0

Florida sues OpenAI and CEO Sam Altman, claiming company concealed serious risks of ChatGPT
The state of Florida filed a lawsuit against OpenAI and CEO Sam Altman on Monday, claiming the company knowingly released and aggressively marketed ChatGPT to the public while concealing serious…