Business
04 Nov, 2026
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Poly Pet outlook cut as bottle maker faces first bond repayments
Jamaica’s largest plastic bottle manufacturer has had the outlook on its $800-million bond lowered to negative by regional ratings agency CariCRIS, which warned that Poly Pet Company Limited may not…
04 Nov, 2026
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Mayberry swings to $1.57bn quarterly profit on stock market rebound
Mayberry Group Ltd returned to profit in the September quarter, posting $1.57 billion attributable to shareholders against a loss of $751.4 million a year earlier, as Jamaica’s recovering stock market…
04 Nov, 2026
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Elite shares dropping towards buyout offer price
Resource Assets Ltd, a St Lucia-registered company, has offered to buy all of Elite Diagnostic Ltd’s issued ordinary shares at $1.60 each or less than its trading price but roughly equivalent to its…
04 Nov, 2026
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Alcoa profit doubles from gains
Alcoa Corp’s third-quarter profit more than doubled from a year earlier as it benefited from mark-to-market gains rather than an improvement in the core business. “During the third quarter, we ...…
04 Nov, 2026
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Shoprite, largest African retailer, sales hit record US$16.3b; hiring slows
Shoprite Holdings lifted sales 7.2 per cent to R270.8 billion (US$16.3 billion) in its 2026 financial year and raised its dividend almost 12 per cent, but South Africa’s largest food retailer created…
04 Nov, 2026
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When the young stop waiting: Europe’s Gen Z is sending us all a message
This autumn I have found myself watching the evening news from Europe with a growing sense of recognition. Not of the tear gas or the burning barricades, which I deplore, but of the faces. Teenagers…
04 Nov, 2026
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Ryanair CEO anticipates European airfare prices up as much as 20% next year as jet fuel prices rise
The CEO for Ryanair expects European plane ticket prices may climb as much as 20 per cent next year with the conflict in the Middle East ongoing. “So we’re facing 2027 where we have much higher oil…
04 Nov, 2026
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Interest rate cuts bite Republic Bank Ghana, nine-month profit falls a quarter
Republic Bank Ghana PLC’s nine-month profit fell by almost a quarter as falling Ghanaian interest rates squeezed the income it earns on loans and government securities, even as its balance sheet…
04 Nov, 2026
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Europe’s economy brushes off energy shock from Iran war, shows moderate growth in Q3
Europe’s economy persevered with moderate growth in the third quarter despite higher oil prices from the US-Iran war, as gross domestic product increased by 0.4 per cent over the quarter before. The…