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General Motors Wants You To “Airbnb” Your Vehicle When You’re Not Using It.

General Motors Co. plans to start a pilot program this summer that will enable car owners to rent out their vehicles when they aren’t using them, according to people familiar with the matter. The tests will begin in early summer through GM’s Maven car-sharing unit, said the people, who asked not to be identified because […]

Five Teams From Jamaica Set To Compete In The International Business Model Competition

Jetcon Corporation 2017 Revenues Up 37% Crosses JA$1 Billion Mark For First Time.

Jetcon Corporation Ltd is reporting profits of JA$154 million for their 2017 financial year, a 55% jump over 2016. The directors are celebrating another successful year as revenues were also up, rising 37% to exceed the $1 billion mark for the first time. However, sales in December were lower than expected, due to delays in […]

Productive Business Solutions Announces Successful Closure of Transactions Through Costa Rica And Guatemala Subsidiaries

California Approves New Rules Allowing Driverless Cars That Do Not Require A Human Operator

California has approved broad new rules allowing driverless cars that do not require a human operator to sit behind the wheel. Until now, a human had always been present to take over in the event of emergency, a requirement that pushed some Silicon Valley companies to start testing outside their home state. Critics say it […]

Five Teams From Jamaica Set To Compete In The International Business Model Competition

The EU’s Highest Court Has Ruled That Uber Is A Transport Company

The EU’s highest court has ruled that Uber is a transport company, opening the ride-hailing app to tougher regulation in Europe’s 28 member states. The European Court of Justice said Uber was a traditional taxi firm, shifting its legal status from a digital company and giving it less freedom from regulation in the EU’s single […]

Global Smartphone Boom May Have Peaked – IMF

The Electric Car Reinvented By Dyson?

The maker of high-end vacuum cleaners and fans is turning to electric car manufacturing. UK technology group Dyson is working on a premium electric car to go on sale in 2020, entering the motor industry at a time of intense change and disruption. Meanwhile in India, a different type of electrical vehicle is gaining market […]

Five Teams From Jamaica Set To Compete In The International Business Model Competition

Jamaica To Implement Pre-Shipment Inspection Process On JA$100 Billion A Year Imported Used Car Business

The Jamaican Government is moving to implement the Pre-Shipment Inspection (PSI) process for used vehicles entering the island, with the aim of ensuring consumer protection and fair trade. Permanent Secretary in the Industry, Commerce, Agriculture and Fisheries Ministry, Donovan Stanberry, provided details at a consultation with used-car dealers, on August 29 at the Petroleum Corporation […]

JMMB Group Chairman Congratulates Mrs. Street Forrest For Her Effectiveness As The Leader At The Jamaica Stock Exchange

Ubers’ Revenue Fuelled By A 150% Year-On-Year Increase In Trips By Uber Passengers Around The World

Ubers’ revenue is staying on course, this as business continued to surge in the second quarter, even as the company became engulfed in scandals that led to the departure of chief executive Travis Kalanick and several senior deputies. The rise was fuelled by a 150 per cent year-on-year increase in trips taken using the Uber […]

Global Smartphone Boom May Have Peaked – IMF

Jetcon Corporation Posts Improved EPS of 13.74 cents Up From 7.25 in 2016, for the six months to June 2017 – Jackson

Andrew Jackson President and CEO of Jetcon Corporation Limited in his report to Shareholders for the second quarter ending June 2017 has indicated that orders for the period after the quarter, are ahead of 2016 by 82 percent, and points to a positive outcome for the rest of the year, barring any unfavorable developments. He […]

Productive Business Solutions Announces Successful Closure of Transactions Through Costa Rica And Guatemala Subsidiaries

Volvo Commits To An All Electric And Hybrid Future

Håkan Samuelsson CEO of Volvo announced today that from 2019 onwards every model they produced would be hybrids or battery-powered electric vehicles, making Volvo the first traditional carmaker to call time on vehicles powered solely by an internal combustion engine. This announcement marks the end of the solely combustion engine-powered car, Samuelsson said in a […]

Global Smartphone Boom May Have Peaked – IMF