Business
December 12, 2025
Lumber Depot anticipates both pain and gain post-Melissa
Lumber Depot Limited is expecting increased business, at least for the remainder of 2025, as property owners affected by Hurricane Melissa look to rebuild their damaged homes. But beyond that, the…
December 12, 2025
by Neville Graham
First Rock reaps from REIT
First Rock Real Estate Investments Limited, FREI, has turned the corner in its third quarter, posting a modest profit after a bruising 2024. The company’s pivot to a REIT, or real estate investment…
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
Nvidia to invest US$5b in Intel
Nvidia, the world’s leading chipmaker, announced on Thursday that it’s investing US$5 billion in Intel and will collaborate with the struggling semiconductor company. The two companies will team up to…
December 12, 2025
Musk reports Tesla sales jump after months of boycotts
Six months after Elon Musk left the Trump administration, to the great relief of Tesla investors worried about boycotts, the world’s richest man has announced some good news: Sales of Tesla cars are…
December 12, 2025
Tesla offers cheaper versions of two EVs to win back market share
Tesla rolled out new, cheaper versions of two of its electric car models on Tuesday in hopes the offerings will help revive flagging sales, but investors dumped its stock anyway. The new Model Y,…
December 12, 2025
Trinidad secures US permission to negotiate gas deal with Venezuela
The United States has granted Trinidad & Tobago permission to negotiate a gas deal with neighbouring Venezuela without facing any US sanctions, the Caribbean nation’s attorney general has said.…
December 12, 2025
AI chipmaker Nvidia becomes first US$5-trillion company
Nvidia has become the first US$5-trillion company, just three months after the Silicon Valley chipmaker was first to break through the US$4-trillion barrier. Hitting the new benchmark puts more…
December 12, 2025
EFresh weathers Melissa, aiming for new growth
Food distributor Everything Fresh Limited confirmed that its operations are intact post-hurricane, albeit that its plant at Bog Walk in St Catherine has to be operating on generator power. “There has…