Latest News
December 12, 2025
Money-losing companies with colourful histories have pivoted to crypto
A marketer of shark-repellant sunscreen. A maker of chocolate-flavoured whiskey. A seller of a drink that promises to quickly lower blood-alcohol levels. Until recently, these businesses had…
December 12, 2025
Image Plus reverses second-quarter losses
Image Plus Consultants Limited, which trades as Apex Radiology, has reversed a loss of $16.25 million to turn a profit of $9.37 million in the second quarter ending August. The medical diagnostics…
December 12, 2025
Nestlé cutting 16,000 jobs
Nestlé is cutting 16,000 jobs globally as the Swiss food giant cuts costs as part of its efforts to revive its financial performance. Nestlé, which makes Nescafé, KitKats, pet foods and many other…
December 12, 2025
Şebnem Kalemli-Özcan | Financial investors can’t profit from complacency forever
While many Americans and US allies recoil at the accelerating regime change under President Donald Trump, financial markets remain curiously calm. Equity indices continue to hover near record highs,…
December 12, 2025
Jamaica’s debt to fall faster than projected, says Fitch
Fitch Ratings expects Jamaica’s debt-to-GDP ratio to decline faster than official forecasts, a new report released this month shows. The rating agency also made note of the country’s successful…
December 12, 2025
CAPRI cites possible plastic fatigue in report on ban
The Caribbean Policy Research Institute, CAPRI, has called for more robust systems to support Jamaica’s single-use plastics ban, arguing that enforcement remains weak and data limited — a challenge…
December 12, 2025
IMF more upbeat about global growth
The United States and global economies will grow a bit more this year than previously forecast as the Trump administration’s tariffs have so far proved less disruptive than expected, the International…
December 12, 2025
OpenAI partners with Walmart on shopping in ChatGPT
OpenAI is partnering with Walmart to let shoppers make purchases directly within ChatGPT, furthering the artificial intelligence company’s push to turn its chatbot into a virtual merchant as it seeks…
December 12, 2025
by Neville Graham
Market rewards Paramount Trading comeback in first quarter
Investors responding positively to Paramount Trading Jamaica Limited’s turnaround performance in its first quarter ended August. PTL shares closed at $0.94 on the junior market of the Jamaica Stock…