Business
29 Oct, 2026
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Wendy’s, struggling with beef prices and growing competition, gets a buyout offer
Wendy’s shares jumped 15 per cent at the opening bell Wednesday after noted investor Nelson Peltz made an offer to buy the chain, which has been struggling with high beef prices and ageing stores.…
28 Oct, 2026
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GraceKennedy puts BPO outsourcing space for rent after Sutherland lease ends
GraceKennedy Ltd has returned a major business process outsourcing (BPO) facility in downtown Kingston to the rental market after the departure of long-time tenant Sutherland Global, ending a…
28 Oct, 2026
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Sandals-Royal Caribbean deal includes 1,000-acre land bank
Royal Caribbean Group said it will gain more than 1,000 acres of undeveloped Caribbean land through its planned 50 per cent stake in Sandals and Beaches Resorts. The land provides a meaningful runway…
28 Oct, 2026
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Ken Jones airfield seeks flight path to growth with 20-year master plan
Ken Jones Aerodrome sits about 30 minutes by car from major Port Antonio hotels and attractions such as the Blue Lagoon, yet traffic underperforms at the facility, slipping from about two aircraft…
28 Oct, 2026
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Appleton Estate borrows scarcity playbook to sell US$500 a bottle rum
Appleton Estate has released a 26-year-old rum drawn from just 10 casks and priced at US$500 for a hand-sized bottle, a bet that scarcity and heritage can command luxury prices. Few locally operated…
28 Oct, 2026
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Miami firm buys Jamaican drone, AI business in US$225,000 deal that could rise 14-fold
AIBotics Inc, a Miami-based technology company, has acquired the drone, mapping and artificial intelligence (AI) business of Jamaica’s PlayJamaica Ltd in a deal initially worth US$225,000 but could…
28 Oct, 2026
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Risks spelled out for Anthropic investors include blowback from runaway AI
Any time a company looks to start selling shares on Wall Street, it’s required to disclose potential risks to investors. In the case of artificial intelligence (AI) giant Anthropic, that has included…
28 Oct, 2026
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Asian stocks advance following rally on Wall Street
Asian stocks were mostly higher on Tuesday after an AI-led rally on Wall Street ahead of major corporate earnings and central bank decisions. US futures edged lower after earlier gains and oil prices…
27 Oct, 2026
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Perrin Gayle returns to head Scotia subsidiary
Scotia Group Jamaica Limited (SGJ) has named Perrin Gayle, a former Scotiabank executive who left for rival National Commercial Bank Jamaica (NCB) in January 2025, managing director of Bank of Nova…