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15 May, 2026 0

Soaring inflation and plummeting economy test Iran’s ability to withstand war and US blockade

Iran's grip on the Strait of Hormuz is throttling the world's energy supplies and inflicting global economic pain, but the struggles of the Islamic Republic's own economy are testing…
15 May, 2026 0

US shoppers tempered their spending in April arising from US-Israel war

Shoppers tempered their spending in April as higher gas prices, fuelled by the US-Israel war on Iran, meant less money left over for some non-essentials like clothing and furniture. But they're…
15 May, 2026 0

The Link Between Claim Delays and Disaster Recovery

Six months after Hurricane Melissa tore through western Jamaica, according to The Jamaica Observer, many homeowners and business operators are still waiting for their insurance claims to be settled.…
15 May, 2026 0

Everything Fresh still smarting from Melissa as margins thin and debt climbs

The profit at food distributor Everything Fresh Ltd fell by a third in the March 2026 first quarter, but controlled management of its payables to suppliers helped drive a near-doubling of its cash…
15 May, 2026 0

Jetcon doubles first-quarter revenue, expanding range to include electric vehicles

Jetcon Corporation has moved to broaden its vehicle offering following a strong first-quarter performance. The Junior Market-listed auto trader posted net profit of $60.1 million for the three months…
15 May, 2026 0

T&T police investigating 'security matter' at Piarco International Airport

The Trinidad and Tobago Police Service (TTPS) on Friday said that a “security-related matter” involving a cargo aircraft had occurred at the Piarco International Airport on Thursday and “is currently…
15 May, 2026 0

Sagicor’s profit virtually slashed in half from shocks

Sagicor Group Jamaica, the insurance conglomerate, recorded net profit of $2.0 billion for the first quarter ended March 2026, a 49 per cent decline from a year earlier, as geopolitical shocks and…
Business
15 May, 2026 0

Century flags US$10m cost headwind as Jamalco bauxite quality slips

Century Aluminum, the majority owner of Jamalco, posted strong earnings but warned that rising raw material costs tied to Middle East hostilities and declining bauxite grades at its Jamaican refinery…
15 May, 2026 0

Iran war and Jamaica hurricane cost TUI €61m in half-year results 

Europe's largest tour operator, TUI Group, absorbed €61 million (J$11.2 billion) in combined one-off losses from the Iran war and Hurricane Melissa's devastation of Jamaica during the first…