Business

Cedric Stephens
17 Jul, 2026 0

Cedric Stephens | The average clause – fairness or punishment?

When Jamaicans buy property insurance, few pause to read the fine print. Yet, buried in almost every policy is a condition that can make the difference between financial survival and ruin after a…
Business
17 Jul, 2026 0

JSE SUMMARY - THURSDAY, JULY 16

In Thursday’s trading session the following reflects the movement of the JSE Indices: . The JSE Combined Index declined by 2,377.08 points (0.64%) to close at 367,345.09 points and the volume traded…
President Donald Trump speaks at the United States Army War College in Carlisle, Pa., during the Pennsylvania Defense and Innovation Summit, Wednesday, July 15, 2026.
17 Jul, 2026 0

US to impose 25% tariff on some Brazilian imports starting July 22

The United States is imposing 25 per cent tariffs on imports from Brazil, after finding a range of what it deemed unfair trade practices by the world’s 10th-biggest economy. The tariffs, which were…
16 Jul, 2026 0

US producer prices drop 0.3 per cent from May to June on lower energy prices

U.S. wholesale inflation fell from May to June on plunging energy prices, but intensifying hostilities with Iran are clouding the outlook. The US Labor Department reported Wednesday that its producer…
15 Jul, 2026 0

Image Plus pays $620m for recent acquisitions

Image Plus Consultants Ltd (IPCL), which trades as Apex Radiology, paid $620 million for two recent acquisitions, expanding its footprint to eight locations across Jamaica. "Having successfully…
15 Jul, 2026 0

Lee-Chin signs nuclear energy pact in Turkey

Jamaican-Canadian businessman Michael Lee-Chin is pushing into nuclear energy, with his Portland Holdings group signing a memorandum of understanding (MOU) with a Turkish nuclear technology company to…
15 Jul, 2026 0

Global Attractions Ltd to buy 80 per cent of Dolphin Cove

A Saint Lucia-based entity has agreed to purchase the 79.99 per cent controlling stake in Dolphin Cove Ltd, bringing to a head more than a year of US bankruptcy proceedings that have held the fate of…
Business
15 Jul, 2026 0

PriceSmart to open distribution centre in Jamaica as retailer doubles island footprint to four clubs

PriceSmart Inc, the membership warehouse retailer, plans to open a distribution centre in Jamaica before the end of its current fiscal year in August, even as it prepares to double its club footprint…
Business
15 Jul, 2026 0

Gov’t puts Silver Sands villas up for sale as Harmony Cove project stays dormant

The Government plans to sell two beachfront properties at the Silver Sands Estate in Duncans, Trelawny, the latest move in a long-running effort to extract value from a state-owned coastal property…