Business

The Bank of England on Thursday cut its key interest rate for the first time in four months as stubbornly high inflation that has plagued British consumers and businesses starts to ease. The central bank’s policymakers voted 5 to 4 to reduce the...

Japan’s space agency said its H3 rocket carrying a navigation satellite failed to put the payload into a planned orbit, a setback for the country’s new flagship rocket and its space launch programme. Monday’s failure is the second for Japan’s new...

Bourbon maker Jim Beam is halting production at one of its distilleries in Kentucky for at least a year as the whiskey industry navigates tariffs from the Trump administration and slumping demand for a product that needs years of aging before it is...

India and New Zealand announced Monday they have reached a free trade deal, seeking to deepen economic ties and shore up growth at a time of mounting global trade uncertainties. The move comes as New Delhi accelerates efforts to diversify export...

Dozens of energy developers, experts, and politicians say there were some highs amid a lot of lows in a roller coaster year for clean energy as President Donald Trump worked to boost polluting fuels while stymying wind and solar. Surveyed by The...

Most Americans aren’t making end-of-year charitable giving plans, according to the results of a new AP-NORC poll, despite the many fundraising appeals made by nonprofits that rely on donation surges in the calendar’s final month to reach budget...

Stocks gained ground on Wall Street Friday for a second straight day, wiping away losses from earlier in the week. Technology stocks were once again the main force behind the market’s broader moves, especially companies with a focus on artificial...

Last week’s US announcement of a “permanent pause” on migration from several developing countries is more than a foreign policy headline, it is a wake-up call for Jamaica. Although we were not named, the precedent is unmistakable: immigration...

Hurricane Melissa might have wiped out more than 90 per cent of Jamaica’s sorrel crop, but at least one local company had the foresight to stockpile the product in anticipation of increased demand for Christmas. Learning from the experience of...

Kingston-based Ian Randle Publishers (IRP) has entered into a partnership agreement with the renowned Johns Hopkins University in the United States that will see the publication of two new books each year on an open range of subjects. The first...

Blue Power Group, a leading soap maker, has announced a turnaround plan aimed at restoring growth and profitability after being hurt by Hurricane Melissa and the imposition of duties on raw materials. Chairman Jeffrey Hall said the plan rests on...

Crypto.com was under siege. For more than a year, the firm had been investigated by President Joe Biden’s Democratic administration, part of an aggressive push to regulate the largely unregulated cryptocurrency industry. Financial regulators had...