Business

AP PHOTOS
Chair of the Federal Reserve of the United States Jerome Powell at a hearing for the Committee on Banking, Housing, and Urban Affairs in Washington, DC on Wednesday, July 9, 2024.
January 2, 2026

US Federal Reserve officials divided on rate cuts, minutes show

Some Federal Reserve officials who supported cutting a key interest rate earlier this month could have instead backed keeping the rate unchanged, minutes released on Tuesday show, underscoring the…
AP
Vodafone store in Central London, UK.
January 2, 2026

Vodafone settles US$256-million merger liabilities

Vodafone Group Plc, one of the world’s largest telecoms companies, has reached a final settlement valued at US$256 million with Vodafone Idea Limited (Vi) over liabilities dating back to their 2017…
A ‘Help Wanted’ sign is displayed at a dry cleaner in Rolling Meadows, USA, in May 2025.
January 2, 2026

US applications for jobless benefits fell below 200,000 last week with lay-offs historically low

Fewer Americans applied for unemployment benefits last week with layoffs remaining low despite a weakening labour market. US applications for jobless claims for the week ending December 27 fell by…
Warren Buffett, outgoing CEO of Berkshire Hathaway, opens a bottle of Cherry Coke during a game of bridge outside Berkshire-owned Borsheims jewellery store in Omaha, Nebraska, USA.
January 1, 2026

Warren Buffett maxims as he demits CEO post

The advice that legendary investor Warren Buffett offered on investing and life over the years helped earn him legions of followers who eagerly read his annual letters and filled an arena in Omaha…
Charles Chambers, West Indies Petroleum Limited CEO, joined with the Maritime Authority of Jamaica in support of seafarers on Day of the Seafarer 2018.
December 31, 2025 by Neville Graham

West Indies Petroleum Energy fuels expansion plans with 11 temporary Thrifty Gas sites

West Indies Petroleum Energy (WIP Energy) will set up fuel station outlets along Jamaica’s north and south coasts under its Thrifty Gas brand. It received planning approvals for 11 sites granted by…
Richard Byles, governor of the Bank of Jamaica.
December 31, 2025

Business leaders expect higher costs but stable currency after Hurricane Melissa

Jamaican businesses raised their inflation expectations in November 2025, reflecting concerns about the economic fallout from Hurricane Melissa and signalling higher anticipated costs across key…
Mark Hart, executive chairman of Cargo Handlers Ltd.
December 31, 2025

Cargo Handlers annual profit grows 18 per cent

Cargo Handlers Limited (CHL), which provides dockside services at the Montego Bay Freeport, reported higher revenue and profit for its financial year ended September 2025, reflecting increased…
Ian Parsard
December 31, 2025

Dorm operator 138 Student Living makes profit and continues talks with UWI

Dormitory operator 138 Student Living Jamaica Limited (138SL) closed its financial year on solid ground, reporting higher revenue and improved earnings, amid ongoing negotiations with The University…
Digicel staff members at CIPS awards ceremony.
December 31, 2025

Digicel gets ethical award

Telecoms Digicel Group said it become the first company in the Caribbean to be awarded the Chartered Institute of Procurement & Supply (CIPS) Corporate Ethical Procurement & Supply Kitemark,…