Business
09 Oct, 2026
0
McDonald’s sued over AI tool that recommends prices to US franchisees
McDonald’s is facing a federal lawsuit that alleges its AI-enhanced pricing tool violates anti-trust laws because it shares non-public data with franchisees who might be competing in the same market.…
08 Oct, 2026
0
Wall Street retreats from its record as stocks fall worldwide
US stocks are pulling back from their record on Wednesday. The S&P 500 fell 0.2 per cent, a day after topping its prior all-time high set in August. The Dow Jones Industrial Average was down some…
07 Oct, 2026
0
JSE Index posts over 20% gain, strongest since pandemic
The Jamaica Stock Exchange (JSE) delivered its strongest nine-month performance in years, with the benchmark Main Market Index rising over 20 per cent year to date. It was propelled by sharp gains in…
07 Oct, 2026
0
Jamaica to launch 300MW renewable-energy auction before year end
Jamaica’s Generation Procurement Entity (GPE) said it now expects to issue its request for proposals (RFP) for the 300 megawatt (MW) renewable-energy and battery-storage auction before year-end. “The…
07 Oct, 2026
0
Scotia Jamaica shareholders vote on $64 billion minority buyout
Votes are still being counted as Scotiabank Jamaica is seeking the greenlight from minority shareholders to push through an arrangement that will see parent company, Scotia Caribbean Holdings…
07 Oct, 2026
0
UPDATE | Scotia Jamaica gets minority shareholders’ greenlight for $64-billion buyout
Counting of votes has ended as Scotiabank Jamaica secured the greenlight from minority shareholders to push through an arrangement that will see parent company, Scotia Caribbean Holdings limited,…
07 Oct, 2026
0
Carib Cement cuts water use 16% as sustainability agenda broadens
Caribbean Cement Company Ltd has reduced water withdrawals by 16 per cent, marking a new phase in the manufacturer’s sustainability strategy as it seeks to lower its environmental footprint beyond…
07 Oct, 2026
0
United Oil & Gas loss widens to US$800,000 but explorer pitches Jamaica as alternative to Middle East risk
United Oil & Gas Plc, the London-listed explorer seeking a partner for its offshore Jamaican acreage, reported that first-half losses more than doubled as it advanced exploration work on its…
07 Oct, 2026
0
New distributor for Stihl tools
FT Farfan, a subsidiary of regional distribution group AS Bryden, assumed exclusive distribution of Stihl equipment in Jamaica on October 1, betting that its dealer-focused business model and more…