Latest News
December 12, 2025
Disney invests US$1b in OpenAI
Disney is investing US$1 billion in OpenAI and will bring characters such as Mickey Mouse, Cinderella and Luke Skywalker to the AI company’s Sora video generation tool, in a licensing deal that the…
December 12, 2025
Tariffs have cost American households US$1,200 each
Sweeping taxes on imports have cost the average American household nearly US$1,200 since Donald Trump returned to the White House this year, according to calculations by Democrats on Congress’ Joint…
December 12, 2025
Fontana expects to shrug off Melissa effects by new year
The outlook for Fontana Pharmacy remains positive as its stores in western Jamaica return to normality. “Our Montego Bay store closed for two weeks and is currently operating at reduced hours. We…
December 12, 2025
by Neville Graham
Sygnus RE sets summer 2027 delivery date for Lakes Pen industrial park
Sygnus Real Estate Finance Limited has broken ground on the Lakes Pen Industrial Park project, a 55-acre logistics and industrial development in St Catherine, pledging to deliver serviced lots to…
December 12, 2025
Paramount says China’s Tencent withdrew from Warner Bros bid to avert national security issues
Paramount Skydance says the Chinese gaming and social media giant Tencent Holdings withdrew from its bid to buy Warner Bros Discovery to avert a possible national security review.
December 12, 2025
Ricardo Hausmann | Will AI democratise access to equity financing?
Economists around the world are rightly focused on how AI will reshape labour markets. But the next decade’s most consequential shift may unfold in a different market altogether: equity. By…
December 12, 2025
Barita predicts stable market environment in months ahead
Barita Investments Limited expects the Bank of Jamaica, BOJ, to defend the dollar against sharp swings, and hold interest rates steady until next year to spur the rebuilding of infrastructure and…
December 12, 2025
US government shutdown costly for Delta airline
The longest shutdown of the United States government on record cost Delta Air Lines an estimated US$200 million, CEO Ed Bastian said Wednesday in the first disclosure by a US airline regarding the…
December 12, 2025
by Neville Graham
Golden Krust to expand 50% in five years under new CEO
Golden Krust Caribbean Bakery & Grill, the brand that brought the Jamaica’s beloved patties to multiple parts of America, is about to expand under a five-year programme that should grow the…