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December 12, 2025

Joseph Davis | What the conventional economic wisdom is missing

What are we to make of gold and US stocks, especially tech-heavy indices, recently hitting record highs around the same time? Traditionally, gold surges when equities correct; but this time, both have…

Group CEO of General Accident Insurance Company Jamaica Limited, Sharon Donaldson.
December 12, 2025 by Neville Graham

Genac aiming to become regional powerhouse as Beacon joins group

General Accident Insurance Company Jamaica Limited is expanding through the addition of a new subsidiary, Trinidad-based Beacon Insurance Company Limited, which will create one of the largest regional…

In this July 9, 2025 photo, a Pizza Hut is seen in Taunton, Massachusetts.
December 12, 2025

Yum Brands considering sale of Pizza Hut chain

Pizza Hut could soon be up for sale. Yum Brands, Pizza Hut’s parent company, said on Tuesday it’s conducting a formal review of options for the brand, which has struggled to compete in a crowded pizza…
Business
December 12, 2025

EFresh weathers Melissa, aiming for new growth

Food distributor Everything Fresh Limited confirmed that its operations are intact post-hurricane, albeit that its plant at Bog Walk in St Catherine has to be operating on generator power. “There has…

FTX founder Sam Bankman-Fried.
December 12, 2025

Sam Bankman-Fried appeals fraud conviction, court to rule later

Federal appeals court judges in Manhattan reacted sceptically Tuesday when a lawyer for once high-flying cryptocurrency entrepreneur Sam Bankman-Fried argued that his fraud conviction was unfair and…

Minister of Agriculture Floyd Green surveys damage during a tour of St Elizabeth in the aftermath of Hurricane Melissa, which hit Jamaica on October 28, 2025, causing widespread devastation to the agricultural sector.
December 12, 2025 by Luke Douglas

Agri sector still counting the costs as recovery begins

Agro-Investment Corporation, an agri-business promotion and facilitation agency, has estimated losses to its network at around $690 million in the wake of Hurricane Melissa, but that number is…

People walk over a bridge near the European Central Bank in Frankfurt, Germany, on Sunday, October 26, 2025.
December 12, 2025

ECB leaves key rate unchanged as businesses weather US tariffs

The European Central Bank, ECB, left its key interest rate unchanged on Thursday as inflation remains under control and European businesses weather the impact of higher American tariffs better than…
Business
December 12, 2025

Trump lowers tariff on China

President of the United States Donald Trump described his face-to-face with President of China Xi Jinping on Thursday as a roaring success, saying he would cut tariffs on China, while Beijing had…

Christopher Clarke, CEO of Caribbean Creams Limited, addresses shareholders at the company’s annual general meeting in Kingston on Monday, November 3, 2025.
December 12, 2025

Melissa slows down Kremi, but not for long, says CEO

Caribbean Cream Limited’s Montego Bay depot sustained damage during Hurricane Melissa, but the company expects to be back to normal before the busy holiday season. The ice cream company, which trades…