Business

Gladstone Taylor/MULTIMEDIA PHOTO EDITOR Gary Peart, executive chairman, Supreme Ventures Limited, speaking at the SVL annual general meeting held at the AC Marriott Hotel in St Andrew in 2023.
January 2, 2026

Supreme to sell Evolve loan portfolio

Supreme Ventures (SVL) announced that discussions are under way to divest the loan portfolio of its subsidiary, Evolve Loan Co, along with select assets, to microlender Dolla Financial Services Ltd.…
PayPal signage outside the financial technology company’s headquarters in San Jose, California, US, in 2015.
January 2, 2026

PayPal applies for banking licence

US-based PayPal Holdings, Inc has formally applied to set up PayPal Bank, submitting applications to both the Utah Department of Financial Institutions and the Federal Deposit Insurance Corporation…
AP Trader Anthony Confusione works on the floor of the New York Stock Exchange, Thursday, December 11, 2025.
January 2, 2026

US stocks slip during final trading day of 2025

US stocks are slipping in afternoon trading Wednesday as Wall Street closes out a banner year for markets driven by both optimism and uncertainty. The S&P 500 was down 0.2 per cent. The Dow Jones…
AP A woman passes by a stock index at a brokerage in Beijing in May 2025.
January 2, 2026

Two sides of China’s economy

By some measures, China’s economy is looking resilient, with strong exports and breakthroughs in artificial intelligence (AI) and other advanced technologies. But that is not how it feels for many…
Grilled lobster.
January 2, 2026

Large lobster theft uncovers seafood gangs that impacts consumers

Imagine the buffet. Forty thousand oysters, lobster worth US$400,000 and a cache of crabmeat all were stolen in separate incidents within weeks of each other in New England. The first seafood vanished…
AP Short corn is seen in one of farmer Cameron Sorgenfrey’s fields, Monday, September 2024, in Iowa, USA.
January 2, 2026

US farmers get US$12-billion aid following Trump tariffs

US farmers are now learning how much aid they can expect to receive from a US$12-billion package that President Donald Trump announced earlier this month. The US Department of Agriculture released the…
A general view of France’s national postal service, La Poste, in Paris last August. AP
January 2, 2026

Pro-Russian hackers claim cyberattack on French postal service

A pro-Russian hacking group claimed responsibility for a major cyberattack that halted package deliveries by France’s national postal service just days before Christmas, prosecutors said in December.…
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…