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Cecil Foster, managing director of FosRich Company Limited.
December 12, 2025

Drowning in red, FosRich sees a lifeline in solar

Electrical and energy solutions provider FosRich Company Limited is aiming for a sharp turnaround after posting steep losses of nearly half-billion dollars year to date. It is banking on solar energy…
John Mahfood, CEO of Jamaican Teas Limited.
December 12, 2025 by Neville Graham

Jam Teas grows yearly earnings

Jamaican Teas Limited emerged relatively unscathed by Hurricane Melissa, with no damage to its complex at Temple Hall nor its supermarket and unsold studio apartments. Additionally, two-thirds of the…
The Kyger Creek Power Plant, a coal-fired power plant, operating on April 14, 2025 near Cheshire, Ohio.
December 12, 2025

Relentless rise in carbon pollution from fossil fuels slightly dampens climate-fighting hopes

For each of the past several years, scientists, analysts and officials have been hoping that it would be the year when emissions from the burning of coal, oil and natural gas would stop going up.…

A traveller moves in view of a control tower at Philadelphia International Airport in Philadelphia, Wednesday, November 5, 2025.
December 12, 2025

Most major US airports among 40 to cut flights amid government shutdown

Airports in New York, Los Angeles and Chicago are among 40 of the busiest across the United States where flights will be cut starting Friday due to the government shutdown, according to a list…
December 12, 2025 by Neville Graham

RJRGLEANER aims to transform into a more agile operation

Amid ongoing efforts to reverse financial losses and transform the multimedia business, Radio Jamaica Limited, which trades as RJRGLEANER Communications Group, updated shareholders on plans to break…
Business
December 12, 2025

IFC to pump US$15m into regional fund

The International Finance Corporation, the private sector financing arm of the World Bank, plans to invest up to US$15 million in a new sub-fund of the Caribbean Community Resilience Fund, a regional…
Business
December 12, 2025

Excelerate expects insurance to cover any LNG damage from Melissa

Excelerate Energy, which recently purchased New Fortress’ holdings in Jamaica, indicates that damage to LNG assets caused by Hurricane Melissa would be covered by insurance, while maintaining a strong…
December 12, 2025 by Luke Douglas

Some financial houses offer loan relief post-Melissa

In the aftermath of the passage of Hurricane Melissa, some banks and credit unions are easing up on loan repayments as a form of relief for the thousands of individuals and small businesses that had…
Winsome Gibbs, country manager for CG United Insurance Jamaica.
December 12, 2025 by Neville Graham

CG United calls in help after Melissa to serve affected policyholders

In the wake of Hurricane Melissa’s devastating sweep across Jamaica, CG United Insurance Limited has mobilised a regional disaster recovery team to support its Jamaican operations and assist affected…