Business

June 5, 2026

Trump makes changes to steel, aluminium and copper tariffs
President Donald Trump on Monday adjusted tariffs on some steel, aluminium and copper imports, lowering some tariffs on farming equipment and extending the lower rate to other equipment. In an…
June 5, 2026

The Dow leaps to a record as oil prices ease and US stocks outside of AI rally
Wall Street rallied Thursday after falling oil prices and yields in the bond market eased the pressure on US stocks. Banks, small companies and other stocks that had earlier been left behind by the…
June 5, 2026

Canadian Prime Minister Mark Carney warns foreign AI platforms can be used against Canadians
Canadian Prime Minister Mark Carney warned Thursday that foreign artificial intelligence platforms could be used against Canadians. Carney said the defining technology of our era is here and said…
Business
June 4, 2026

US sanctions Iran’s largest digital asset exchange, Nobitex
As part of the Trump administration's ongoing campaign to pressure Iran into a deal that would end an ongoing war with the US and Israel, the US placed sanctions on Iran's largest digital…
Business
June 3, 2026

First Rock plans APO to fund property acquisitions 
First Rock Real Estate Investments Ltd Group plans to raise funds through an additional public offering (APO) to acquire real estate and for working capital purposes, as the group pushes to grow…
Business
June 3, 2026

Red Stripe names first female managing director as Heineken rotates top brass
Red Stripe has appointed Holly Bostock as managing director, effective July 1, replacing Daaf van Tilburg, who moves to a regional role in Heineken's Asia Pacific division — the latest in a…
Business
June 3, 2026 by Luke Douglas

$192M insurance payout narrows Palace Amusement losses
Palace Amusement Company Ltd swung to a quarterly profit after receiving a $192-million insurance payout tied to hurricane damage at its Montego Bay cinema, though revenue fell sharply as the chain…
Business
June 3, 2026 by Luke Douglas

Kremi raises prices 5% as costs drive $96m loss
Caribbean Cream Limited, the ice cream maker that trades as Kremi, said it raised product prices by an average of 5.0 per cent this month due to rising costs. "There are question marks about…
Business
June 3, 2026

Jamaica's remittance inflows rose 5.2 per cent in March
Jamaica received US$298 million in net remittance inflows in March 2026, or 5.2 per cent higher over the same month a year earlier, as flows from the diaspora continued to underpin the island's…