Business
Digicel Group has announced Marcelo Cataldo as its new Group Chief Executive, effective May 1. Originally from Paraguay, Cataldo has diverse international experience having worked across Latin America, the US and Europe, Digicel says. He joins...
Comments
The Bank of Jamaica will be adding a second tower to its Nethersole Place headquarters, an investment necessitated by its expanding regulatory portfolio. The BOJ building, which sits on the Kingston waterfront, is currently said to be fully...
After about 20 years of quiet operation, serving individuals and families in Jamaica, Lloyd’s of London is entering the employee benefits insurance market. The company is more perceived as a reinsurer but is now offering medical insurance...
Gone are the days when as a leader, all you had to do was issue instructions. You remember when people used to do what they were told. They were grateful to have a job with regular pay. Loyalty was something you could gauge by the actions employees...
The first paragraph of my March 17 article, ‘Others Must Follow GOJ’s Robust Climate Change Responses’, noted that hurricane forecasts for 2024 would be published soon even though the Atlantic Hurricane Season will not start until June 1. The...
The best-laid financial plan can be easily upended by nature – a force over which man has very little control. Its power to wreck a plan lies in the uncertainty and unpredictability that are inherent to it, but the risks it poses can be mitigated...
In contrast to 2022, a disastrous year for digital asset markets, 2023 was characterised by aggressive regulatory action and positive market developments. The recent settlement between United States regulators and Binance, the world’s largest...
Big banks warned of an “uncertain” year ahead after mixed financial results during the first quarter in an environment of stubbornly high inflation and geopolitical clashes in Europe, the Middle East and elsewhere. JPMorgan reported a modest 6 per...
The Biden administration has finalised strict limits on certain so-called ‘forever chemicals’ in drinking water that will require utilities to reduce them to the lowest level they can be reliably measured. Officials say this will reduce exposure...
Headline-grabbing billionaire Elon Musk is clashing with a Supreme Court justice in Brazil over free speech, far-right accounts and misinformation on X, the social media platform Musk bought when it was Twitter. Since his takeover, Musk has upended...
As it mulls a potential listing on the stock market, personal care and home improvement products company Fleetwood Jamaica Limited has acquired aromatherapy solutions company Starfish Oils Limited, paying $70 million for the operations and assets....
Bread prices are up two-thirds since the onset of the pandemic four years ago, and sales revenues at bakery companies appear to have risen in tandem. For Consolidated Bakeries Jamaica, which trades as Purity Bakery, the gain has been 50 per cent,...
After nearly a decade at the company, General Manager Justin Nam is parting ways with listed investment house Eppley Limited. Nam’s resignation is effective May 31. The company made the announcement on Tuesday as it updated the market about two...
Guyana is on the cusp of a profound socio-economic transformation unlike any seen in Latin America and the Caribbean. Despite its small population of roughly 800,000, it boasts the world’s fastest-growing economy. According to the World Bank, its...
It’s a major contributor to climate change — the way buildings and roads are made with concrete. It’s also a problem that’s growing as more of the world develops. So the race has been on to find solutions for a material that’s responsible for...
The European Central Bank signalled on Thursday it could cut interest rates at its next meeting in June, a big step as the rich world’s central banks, including the US Federal Reserve, wrestle with how soon declining inflation will let them lower...
