Business
28 Nov, 2025
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Brazilian police crack down on US$4.8b tax-evasion and money-laundering scheme
Brazilian police launched a police operation on Thursday to dismantle a major tax-evasion and money-laundering scheme in the fuel sector. The group under investigation is Brazil’s largest tax debtor,…
27 Nov, 2025
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Vote on Portland bond debt set for coming week
Bondholders are set to vote in December on terms for payment or an extension of the outstanding bonds issued by companies ultimately controlled by investor and chairman of Portland Private Equity,…
27 Nov, 2025
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Pulse adjusts approach to revenue recognition
Pulse Investments Limited has reported a sharp contraction in core revenue for the financial year ending June as it reshapes its business model. The modelling agency and hospitality company reported…
27 Nov, 2025
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Fesco momentum unchecked by Melissa
Petroleum marketing company Future Energy Source Company Limited grew revenue by six per cent and profit by 21 per cent to hit new highs at the close of the September quarter. Revenue rose to $8.39…
27 Nov, 2025
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Cedric Stephens | The uncountable mental toll of natural disasters
As was expected, the government’s provisional estimate of the damage caused by Hurricane Melissa has increased. In one instance, the numbers climbed from a base of US$6-7 billion to US$8.8 billion. In…
26 Nov, 2025
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UK Labour government tries to fight back with tax-raising budget
Britain’s centre-left Labour government sought to seize the political narrative Wednesday with a tax-raising budget that it hopes will boost economic growth, reduce child poverty and ease…
25 Nov, 2025
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Brace for recession but bank on resilience, says PIOJ
The Planning Institute of Jamaica, PIOJ, says said that while the country should expect a recession, steps are being taken to strengthen the economy’s ability to withstand future weather shocks. The…
25 Nov, 2025
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Alibaba’s cloud business revenue soars, driven by AI boom
China’s Alibaba Group posted a 34 per cent jump in revenue from its cloud business in its most recent quarter, buoyed by the boom in artificial intelligence. But overall revenue at the Chinese tech…
25 Nov, 2025
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After disappointing COP30, experts weigh next steps to curb climate change
After an agreement from UN climate talks in the Amazon that fell short of many nations’ expectations, experts found some bright spots alongside weighty reasons for worry in the fight against global…