Business
22 May, 2026
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Fesco profits rise amid global oil rise
Future Energy Source Company Limited (Fesco) delivered strong full-year results, reflecting higher fuel volumes, an expanded retail network, and improved margins amid volatility in global oil…
22 May, 2026
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Trump pulls back AI vetting order, citing fears of losing lead over China
US President Donald Trump called off a signing ceremony Thursday for a new order on artificial intelligence because he worried it could dull America's edge on AI technology.
Trump said he was…
22 May, 2026
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Nvidia Q1 results surpass Wall Street expectations thanks to massive AI chip demand
Artificial intelligence (AI) chipmaker Nvidia's quarterly results surpassed Wall Street's expectations once again, fuelled by massive demand for its high-end AI chips.
The company said on…
22 May, 2026
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Trump will ease refrigerant rule in a bid to address surging grocery costs
The Trump administration plans to loosen a federal rule that requires grocery stores and air-conditioning companies to reduce greenhouse gases used in cooling equipment, in what officials say is a…
22 May, 2026
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US stocks drift after oil prices rise and Nvidia's latest profit report gets a yawn Â
The US stock market is drifting on Thursday following a rebound for oil prices and mixed reports on the US economy.
The S&P 500 fell 0.3 per cent and is on track for a fourth drop in five days…
20 May, 2026
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IFC plans US$10m stake in Sygnus-managed CARICOM Fund
The International Finance Corporation (IFC) plans to invest US$10 million in a Caribbean Community (CARICOM) fund managed by Sygnus Capital Limited, subject to board approval.
"The proposed…
20 May, 2026
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JUTC moves to set up mini depots on north coast
The state-led Jamaica Urban Transit Company Limited (JUTC) plans to set up seven mini depots across the island as part of steps to add new routes, mainly along the north coast.
The move would…
20 May, 2026
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Jamaican business fuel anxiety surges on global oil spike
Concern among Jamaican businesses about fuel and transport costs nearly doubled in a single survey period, as rising oil prices push inflation expectations above the Bank of Jamaica's (BOJ)…
20 May, 2026
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Woodcats posts lower quarterly profit after hurricane-hit demand dips
Woodcats International Ltd posted a 13.7 per cent decline in profit before tax for the three months ended March, marking the wood products manufacturer's first earnings report since listing on…