Latest News
December 12, 2025
Excelerate expects insurance to cover any LNG damage from Melissa
Excelerate Energy, which recently purchased New Fortress’ holdings in Jamaica, indicates that damage to LNG assets caused by Hurricane Melissa would be covered by insurance, while maintaining a strong…
December 12, 2025
by Luke Douglas
Some financial houses offer loan relief post-Melissa
In the aftermath of the passage of Hurricane Melissa, some banks and credit unions are easing up on loan repayments as a form of relief for the thousands of individuals and small businesses that had…
December 12, 2025
by Neville Graham
CG United calls in help after Melissa to serve affected policyholders
In the wake of Hurricane Melissa’s devastating sweep across Jamaica, CG United Insurance Limited has mobilised a regional disaster recovery team to support its Jamaican operations and assist affected…
December 12, 2025
Joseph Davis | What the conventional economic wisdom is missing
What are we to make of gold and US stocks, especially tech-heavy indices, recently hitting record highs around the same time? Traditionally, gold surges when equities correct; but this time, both have…
December 12, 2025
by Neville Graham
Genac aiming to become regional powerhouse as Beacon joins group
General Accident Insurance Company Jamaica Limited is expanding through the addition of a new subsidiary, Trinidad-based Beacon Insurance Company Limited, which will create one of the largest regional…
December 12, 2025
Yum Brands considering sale of Pizza Hut chain
Pizza Hut could soon be up for sale. Yum Brands, Pizza Hut’s parent company, said on Tuesday it’s conducting a formal review of options for the brand, which has struggled to compete in a crowded pizza…
December 12, 2025
EFresh weathers Melissa, aiming for new growth
Food distributor Everything Fresh Limited confirmed that its operations are intact post-hurricane, albeit that its plant at Bog Walk in St Catherine has to be operating on generator power. “There has…
December 12, 2025
Sam Bankman-Fried appeals fraud conviction, court to rule later
Federal appeals court judges in Manhattan reacted sceptically Tuesday when a lawyer for once high-flying cryptocurrency entrepreneur Sam Bankman-Fried argued that his fraud conviction was unfair and…
December 12, 2025
by Luke Douglas
Agri sector still counting the costs as recovery begins
Agro-Investment Corporation, an agri-business promotion and facilitation agency, has estimated losses to its network at around $690 million in the wake of Hurricane Melissa, but that number is…