Business
30 Jul, 2026
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Fed leaves interest rate unchanged but with 3 dissents as Warsh praises ‘good family fight’
The US Federal Reserve left its key interest rate unchanged Wednesday, although three officials dissented in favour of higher rates as the central bank wrestles with how to deal with persistently high…
30 Jul, 2026
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Cement production hits record in 2nd quarter as profit surges fivefold
Jamaica’s sole cement producer, Caribbean Cement Company Ltd, has reported profit of $2.7 billion for the second quarter ended June 2026, nearly five times the $544 million earned in the corresponding…
29 Jul, 2026
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One on One mulls capital raise
One on One Educational Services Ltd (ONE) said it’s evaluating the possibility of raising at least US$2 million for expansion. CEO Ricardo Allen said the money would fortify the company in the age of…
29 Jul, 2026
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Remittance market flattens, but provider MFS Capital aims to target underserved areas
Remittance inflows are flat amid fewer providers, but MFS Capital Partners aims to profit by securing licences to operate along key corridors. The company secured licences for remittance services at…
29 Jul, 2026
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Tourism fund mulls AI training for start-ups
The Tourism Enhancement Fund (TEF) wants start-ups in its incubator programme to begin using artificial intelligence (AI) to design prototypes, which could improve their branding, product, and spaces.…
29 Jul, 2026
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China memory chipmaker CXMT’s shares soar in blockbuster share listing in Shanghai
Shares of CXMT, China’s largest memory chipmaker, shot skywards on Monday as they began trading in Shanghai in mainland China’s biggest initial public stock offering in recent years. CXMT’s shares…
29 Jul, 2026
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Kaya tests market with protein-infused beverages through Israeli partnership
NUGL, Inc, the operator of Jamaica’s Kaya cannabis brand, said it is testing the market uptake of protein-infused beverages in partnership with Israeli food technology company Cannibble Food-Tech Ltd.…
29 Jul, 2026
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Derrimon to sell Drax Hall lands to REIT managed by Different Capital
Derrimon Trading plans to sell a 12.36-acre parcel of land in Drax Hall, St Ann, to an entity managed by Different Capital at roughly 40 per cent below its independently appraised market value – in a…
29 Jul, 2026
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Jamaica Broilers chairman Robert Levy resigns after 17 years; Gregory Shirley appointed successor
The Jamaica Broilers Group (JBG) has announced the resignation of long-serving chairman Robert E. Levy, ending a 17-year tenure at the helm of the company's board and more than six decades of…