Business
06 Nov, 2026
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Dolla wrote off nearly half the Evolve loan book
Dolla Financial Services Ltd wrote off nearly half the value of the loan portfolio it acquired from Supreme Ventures Ltd’s microfinance subsidiary on the day the deal closed, newly published accounts…
06 Nov, 2026
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IEG revenue jumps 70%, but profit falls as project costs bite
Innovative Energy Group’s (IEG) revenue rose 70 per cent in its latest quarter as Jamaican homeowners bought more solar power systems, but the renewable energy company’s profit fell as the cost of…
06 Nov, 2026
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Oran A Hall | Personal financial allies
A financial ally is a person or institution that helps people to make informed decisions, protect what is important, and stabilise or rebuild after a shock. The ally equips and empowers, not decides,…
06 Nov, 2026
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Wendy’s rejects buyout bid, girds itself for hostile takeover campaign
Wendy’s rejected a US$1.4 billion buyout offer from an activist investor, saying Thursday that the bid was too low and didn’t take into account the company’s long-term earnings potential under its new…
06 Nov, 2026
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A wipeout for AI stocks sends Wall Street reeling, S&P 500 tumbles more than 3%
Another wipeout for stocks tied to the buildout of AI data centres overwhelmed Wall Street on Thursday and more than erased all its gains from the day before, which was its best in three months. The…
06 Nov, 2026
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Average US 30-year mortgage rate falls to 7.18% this week, its third straight decline
The average long-term US mortgage rate fell for the third straight week, offering some relief to prospective home buyers facing higher home prices. The average 30-year fixed-rate mortgage in the US…
04 Nov, 2026
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World Cup delivers $776m sales bump for Supreme Ventures
Supreme Ventures Ltd made the bulk of its rise in revenue from sports betting tied to the football World Cup. Executive Chairman Gary Peart had predicted as much in April, telling investors the gaming…
04 Nov, 2026
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Carib Cement profit falls 1/3rd in third quarter, warns staff about El Niño
Caribbean Cement Company, majority-owned by Mexico based Cemex, sold more cement in the September quarter, but a planned shutdown of its kiln furnace pushed production costs higher, resulting in lower…
04 Nov, 2026
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FosRich sees opportunity in rebuild
Chief Executive Officer Cecil Foster told shareholders at the company’s annual general meeting that FosRich Company Ltd intends to supply the island’s rebuild. “We want to be in the reconstruction…