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Kremi raises prices 5% as costs drive $96m loss

Caribbean Cream Limited, the ice cream maker that trades as Kremi, said it raised product prices by an average of 5.0 per cent this...

$192M insurance payout narrows Palace Amusement losses

Palace Amusement Company Ltd swung to a quarterly profit after receiving a $192-million insurance payout tied to hurricane damage at its Montego Bay cinema,...

Red Stripe names first female managing director as Heineken rotates top brass

Red Stripe has appointed Holly Bostock as managing director, effective July 1, replacing Daaf van Tilburg, who moves to a regional role in Heineken's...

First Rock plans APO to fund property acquisitions

First Rock Real Estate Investments Ltd Group plans to raise funds through an additional public offering (APO) to acquire real estate and for working...

Florida sues OpenAI and CEO Sam Altman, claiming company concealed serious risks of ChatGPT

The state of Florida filed a lawsuit against OpenAI and CEO Sam Altman on Monday, claiming the company knowingly released and aggressively marketed ChatGPT...

Cedric Stephens | Jamaica’s traffic crisis is a national risk event

Jamaica is not just dealing with traffic congestion — we are confronting a growing national risk exposure. Every morning and evening, the country bleeds...

Contractors sought for modernisation drive for Fantasy, Pagee and Success beaches

For most Jamaicans, a day at the beach means makeshift stalls, limited shade, and decades-old facilities but the Government plans to change that —...

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