Business
March 6, 2026
Hurricane Melissa led to $3.5 billion in lost sales for Campari, the owner of Wray & Nephew, Appleton rum brands
Hurricane Melissa cost Campari, the Italian spirits company, €21 million (J$3.5 billion) as the local operation, J.Wray & Nephew Ltd, suffered from a reduction in alcohol consumption, masking what…
March 6, 2026
Hurricane Melissa cost Supreme Ventures $4 billion in lost revenue
Supreme Ventures Limited (SVL) reported billions of dollars in foregone revenue due to Hurricane Melissa. Disruptions led the gaming giant to post a fourth-quarter loss, but it still made stronger…
March 6, 2026
Music streaming creates fewer megastars, more working artistes
The Jamaica Music Society (JAMMS) says Jamaica’s music economy is producing more working artistes but fewer breakout stars, as streaming reshapes earnings and expectations. General Manager Evon…
March 6, 2026
GraceKennedy revenue rises, profit falls on hurricane costs
GraceKennedy Limited (GK) reported higher revenue but lower profit in 2025, as Hurricane Melissa’s October landfall drove one-off costs and disrupted operations. The food and financial services…
March 6, 2026
New cars drive profit at Jetcon
Jetcon Corporation, a listed auto dealer, swung from loss to profit in 2025 as it shifted decisively from pre-owned vehicles to new-car sales. Revenue nearly doubled to $941 million from $520 million…
March 6, 2026
JFK’s New Terminal One rolls out biometric processing, part of wider US$19-billion upgrade
The New Terminal One at John F. Kennedy (JFK) International Airport has introduced a biometric screening system aimed at speeding up re-entry for US citizens arriving from overseas, part of the Port…
March 6, 2026
Mayberry Jamaican Equities inks US$31-million loss
Mayberry Jamaican Equities Limited (MJE), which invests in a basket of listed companies, reported a net loss of US$31 million (some J$4.9 billion) for the year ended December 31, 2025, widening…
March 4, 2026
by Neville Graham
Regency Petroleum buys Yaadman LPG business, doubling market share
Petroleum company Regency Petroleum has agreed to acquire the liquefied petroleum gas (LPG) operations of Yaadman Petroleum, a deal that will double Regency’s presence in Jamaica’s cooking gas market.…
March 4, 2026
Seprod sells Butterkist biscuit maker IBL
Seprod Limited has sold International Biscuits Limited (IBL), the maker of Butterkist and Snackables, in a move CEO Richard Pandohie described as a deliberate step to simplify the group’s footprint,…