Business

Business
Updated 4 hours ago

Meta plans billions for its largest AI data centre outside US
Facebook and Instagram parent Meta said on Wednesday it will invest more than US$9.1 billion to build its first artificial intelligence (AI) data centre in Canada and its largest outside the United…
Business
Updated 4 hours ago

Oil prices, stocks hold steadier as calm returns to financial markets worldwide
Wall Street and oil prices were holding steadier on Thursday in the wait to see what will come next after President Donald Trump raised doubts about the temporary truce in the war with Iran.
Business
Updated 4 hours ago

US home prices hit all-time high as sales slow and mortgage rates rise
Sales of previously occupied US homes slowed in June, but a key measure of home prices climbed to an all-time high, adding to affordability challenges for prospective home buyers.
Business
Updated 4 hours ago

AI wealth wave threatens to push Bay Area home prices further out of reach
The impending public listings of OpenAI and Anthropic could unleash a wave of employee wealth large enough to buy nearly a third of all homes in San Francisco, according to Redfin, a US real estate…
July 8, 2026

AI increasing demand for human skills - PWC
As artificial intelligence (AI) continues to transform workplaces globally, Jamaican businesses are being urged to rethink how they develop talent and prepare for the evolving labour…
July 8, 2026

A BOJ economist reveals early warning tool for Jamaica’s next financial crisis
A Bank of Jamaica (BOJ) economist has proposed an early-warning tool designed to spot the warning signs of a financial crisis years before it hits, offering policymakers a chance to act preemptively.…
July 8, 2026 by Neville Graham

Walker divests connection to $23b WIPT shares in taking Petrojam’s top job
Danville Walker has divested his interest in an entity holding $23 billion worth of shares in West Indies Petroleum Terminal (WIPT), in taking up the top job at Jamaica’s state-led refinery,…
July 8, 2026

US firm wins J$1.87 billion sole-source contract to upgrade Jamaica’s tax system
Tax Administration Jamaica (TAJ) has awarded a $1.87-billion single-source contract to a United States technology company to upgrade the revenue administration information system that underpins the…
July 8, 2026

It’s Time to Change the Narrative and Renew Public-Private Partnership for the “BPO” Sector
The global services (GS) sector in Jamaica, otherwise known as the business process outsourcing (BPO) sector, employs 50,000 people and generates U$1 billion in forex for the economy. It is the…