Business

Business
07 May, 2026 0

Shipping firms punished over Strait of Hormuz impasse 

With hundreds of vessels still stuck in the Persian Gulf and costs piling up, shipping companies are being whipsawed by uncertainty over how and when the Strait of Hormuz might reopen more than two…
06 May, 2026 0

Summit property put up for auction

The former Knutsford Court Hotel property in New Kingston will go up for auction on June 3, according to a notice published in The Gleaner. “Deposits payable immediately by certified cheque or bank…
Business
06 May, 2026 0

GraceKennedy unit disputes J$403-million Guyana tax claim

GraceKennedy Limited's remittance subsidiary in Guyana has received its third disputed tax assessment from the Guyana Revenue Authority (GRA), based on a company reclassification that…
Business
06 May, 2026 0

Spur Tree Spices plans ackee orchard to strengthen supply

Spur Tree Spices Limited is planting roughly 3,000 ackee trees to secure its own supply of the fruit, as demand from overseas markets outpaces what its current suppliers can deliver, CEO Albert Bailey…
Business
06 May, 2026 0

CAC 2000 turns to debt refinancing as losses deepen on sharply lower revenues

CAC 2000 Limited is pursuing debt refinancing to stabilise its working capital position as losses deepen on sharply lower revenues, underscoring persistent liquidity challenges at the air-conditioning…
Business
06 May, 2026 0

Roomba pioneer aims to crack the household market again with an AI-powered pet robot

The robotics pioneer who helped unleash the Roomba vacuum is now betting that you might one day replace your beloved dog or cat with a plush robot that follows you around your home and adapts to your…
Business
06 May, 2026 0

Pennsylvania sues AI company, saying its chatbots illegally hold themselves out as licensed doctors

The US state of Pennsylvania has sued an artificial intelligence (AI) chatbot maker, saying its chatbots illegally hold themselves out as doctors and are deceiving the system's users into…
Business
05 May, 2026 0

Shares of eBay take off on a $56 billion buyout bid from GameStop’s Ryan Cohen

Shares of eBay are soaring before the opening bell Monday as Ryan Cohen's GameStop pursues an approximately US$56 billion takeover of the company, seeing it as a vehicle to compete with online…