Business
12 Jun, 2026
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No bank failed on my watch, says outgoing BOJ Governor Byles
No commercial bank failed in Jamaica during his nearly seven years at the helm of the Bank of Jamaica (BOJ), outgoing Governor Richard Byles told Parliament's Standing Finance Committee on…
12 Jun, 2026
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NCB lists $2 billion in repossessed properties amid post-Melissa loan stress
The nation's largest commercial bank, National Commercial Bank Jamaica Ltd (NCB), has placed roughly three dozen repossessed properties on the market carrying a combined assessed value exceeding…
12 Jun, 2026
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VM Investments returns to market to raise $4.8 billionÂ
VM Investments Limited (VMIL) plans to raise up to $4.8 billion through a new bond offer, with the bulk of the proceeds earmarked to retire an older bond rather than fund new growth.
"The…
12 Jun, 2026
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Visa plugs its payment network into ChatGPT, letting AI agents shop and pay for users
Betting that people will soon grow more comfortable having artificial intelligence (AI) agents shop for groceries, plane tickets or diapers on their behalf, payments giant Visa said on Wednesday that…
12 Jun, 2026
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Anthropic announces 'Claude Corps' to teach non-profits to use AI more effectively
Anthropic will donate US$150 million to launch a fellowship programme that places coaches with non-profits around the country to help them use artificial intelligence (AI) more effectively in their…
12 Jun, 2026
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US producer prices spike in May as soaring energy prices fuel largest yearly jump since 2022Â
US producer prices climbed last month at the fastest pace since November 2022, fuelled by a surge in energy prices after the start of the Iran war.
The Labor Department reported on Thursday that its…
12 Jun, 2026
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Reactor reboot at world's largest nuclear plant highlights flaws in Japan's radioactive waste plans
Japan has resumed operations at the world's largest nuclear power plant to help the country meet huge electricity demands during a global oil crisis, but the reboot highlights a big problem:…
12 Jun, 2026
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EU Orders Meta to Restore WhatsApp Access for Rival AI Chatbots
European Union regulators on Tuesday ordered Meta Platforms to restore access to WhatsApp for rival AI chatbot makers until an antitrust investigation is complete.
The bloc's executive…
12 Jun, 2026
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US stocks rallied to their best day in two months
US stocks rallied to their best day in two months, and oil prices fell on Thursday after President Donald Trump called off his threat to bomb Iran in the evening. That raised hopes for a potential…