Business
27 Oct, 2026
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National Bakery eyes summer 2027 for opening of bread plant in Montego Bay
National Bakery is aiming to have its new bread plant in Montego Bay, St James, up and running by summer next year, and should commence some activities in time for next Easter. Craig Hendrickson, who…
27 Oct, 2026
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Anthropic files potentially biggest IPO ever, CEO warns of risk to humanity from AI
Artificial intelligence (AI) giant Anthropic filed papers Monday for what could be the biggest initial public offering (IPO) of stock ever even as its top executive warns that advanced AI could pose…
25 Oct, 2026
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Fontana aims for chunk of $1.4bn makeup market, bets beauty is recession-proof
Óra by Fontana, the beauty division of the pharmacy chain, continues to expand its line-up across price tiers to capture a greater share of Jamaica’s $1.4 billion makeup import market. CEO Anne Chang…
25 Oct, 2026
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Seaside villa earnings shrink a year after Melissa
Short-term rental earnings at villas and seaside properties along Jamaica’s north coast fell over the past year, even as earnings rose in most other markets. Average annual earnings at coastal villas…
25 Oct, 2026
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Knutsford Express profit dips amid oil price spike
The cross-country bus company, Knutsford Express Services Ltd (KEX), said its first-quarter profit fell 19 per cent due to a double-digit rise in fuel costs. Net profit for the quarter ending August…
25 Oct, 2026
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Francis Wade | Strategy formulation: The board said, “Use AI.” Now, prove it!
Your board has put you under pressure. It insists that you use artificial intelligence (AI) to improve the organisation’s strategic plans. Now, it wants proof. Strategy VP Nancy is reeling. Before…
25 Oct, 2026
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Meta ordered to pay New Mexico $25 billion for deceiving users about privacy on Facebook
A judge on Wednesday ordered Meta to pay New Mexico US$25 billion after a jury found the company liable for deceiving users about privacy on Facebook, marking the biggest fine ever against the tech…
25 Oct, 2026
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Barclays, latest to redirect spending towards AI as it trims workforce
The cost of building out the infrastructure needed to satisfy booming demand for artificial intelligence (AI) is changing the way major companies allocate resources. That can mean an end to some jobs…
25 Oct, 2026
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FAA clears the way for airlines to put Boeing’s long-delayed 737 Max 10 into service
Nearly a decade after Boeing unveiled its largest 737 Max jet, the company has cleared a major hurdle in its effort to bring the plane to airlines. The Federal Aviation Administration (FAA) approved…