Thu | Apr 15, 2021

Business

A EVgo electric vehicle charging station  at Willow Festival shopping plaza parking lot in Northbrook, Illinois.

In line with its ambition to make Europe a greener place, the European Union wants to drastically reduce gas emission from transport by 2050 and promote electric cars. But according to a report from the bloc’s external auditor, it is lacking the...

The Jamaica Stock Exchange (JSE) Combined Index closed Wednesday continuing its winning streak. Once again, a slow trading session ended with an advance/decline ratio of 35/34. The JSE Combined Index advanced by 2,716.22 points or 0.69 per cent to...
Bank of Jamaica, Nethersole Place, Kingston.

While Jamaica’s financial system received a passing grade from the most recent report that gave it a health check, two banks and a securities dealer were said to have breached their minimum regulatory markers when hypothetical but possible adverse...

America’s largest banks are expected to report big profits for the first quarter amid renewed confidence that pandemic-battered consumers and businesses can repay their debts and start borrowing again. The brighter outlook allows banks to move...

It is a simple question, but most people do not understand what it means. So, let us look at some basic information insurance companies need in order to evaluate whether you are approved, rated or declined for your first or subsequent policies. In...

Microsoft, on an accelerated growth push, is buying speech recognition company Nuance in a deal worth about US$16 billion. The acquisition will get Microsoft deeper into hospitals and the health care industry through Nuance’s widely used medical...

The Jamaica Stock Exchange (JSE) Combined Index closed Monday on a losing note, declining marginally. The slow trading ended with an advance/decline ratio of 21/47. The JSE Combined Index declined by 2,081.52 points or 0.53 per cent to close at...

Medicinal hemp producer Virtudes and Jamaican luxury skincare company Morgan’s Creek inked a partnership agreement that sees Virtudes becoming the main supplier of distilled cannabidiol, CBD, to the beauty brand. Morgan’s Creek recently moved into...

The Bank of Jamaica, BOJ, has again raised concerns about the LUMI, a largely concept currency issued by the African Kingdom that circulates in both physical and digital format. “Specifically, the ‘AKL LUMI’, which is purported to be currency and...

Recognising that one of the greatest risks to the planned roll-out of the central bank digital currency, CBDC, is lack of interest and therefore, slow or no take-up by the public, the Bank of Jamaica, BOJ, is seeking to give assurances that the...
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