Business
22 Oct, 2026
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SpaceX’s profit helps lift AI stocks and Wall Street
The US stock market is rising Wednesday following strong profit reports from SpaceX, Capital One Financial, and other big companies. The S&P 500 added 0.4 per cent and pulled within 1 per cent of…
21 Oct, 2026
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Court orders buyout of sister’s one-quarter stake in Ramson $2.1bn family business
Jamaica’s Supreme Court has ordered Chas E. Ramson Ltd, or its directors, to buy out Sally Fulton, the sister of its chairman, after finding the directors exercised their powers in a way that…
21 Oct, 2026
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Tap mass culture to unlock wider mobile money adoption
Incentivising consumers to use digital currency in a few cash-heavy sectors, including transportation, lottery sales, liquor purchases, or linking to the National Identification System (NIDS), could…
21 Oct, 2026
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Kremi ice cream’s profit surges 16-fold amid hot El Niño weather, efficiency gains
Caribbean Cream Ltd, the maker of Kremi ice cream, reported a 16-fold rebound in quarterly profit as it benefited from lower production costs amid sweltering summer heat. The company posted net profit…
21 Oct, 2026
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United Oil completes rig and logistics study
United Oil & Gas said on Tuesday that it completed a rig and logistics study outlining the requirements for potential drilling offshore Jamaica. “The completion of this study is an important step…
21 Oct, 2026
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Cedric E. Stephens | Why are so many Jamaicans uninsured? Can anything be done about it?
Last week, we examined one of the most important lessons from Hurricane Melissa. The storm damaged homes, businesses, infrastructure and livelihoods on a scale never seen in Jamaica. According to a…
21 Oct, 2026
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Musk pledges to give a share of his SpaceX company to ‘every kid in America’
Elon Musk on Monday pledged to give one share of his company SpaceX to “every kid in America” next year. The offer arrived a day after artificial intelligence company (AI) Anthropic announced in a…
20 Oct, 2026
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Margaritaville Jamaica plans public share offering before year end
Margaritaville Jamaica plans to raise equity through a public offering within 90 days, giving investors a stake in the operator of three Margaritaville venues and a fine-dining restaurant on the…
18 Oct, 2026
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Mailpac cuts $900 million off My Cart price, seeks approval to issue shares to close deal
Mailpac Group Ltd. will ask shareholders to approve issuing 50 million shares to complete its acquisition of former rival My Cart Quick Ltd., a deal whose value has been cut by three-quarters from the…