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AT&T Still Awaiting Regulatory Approval On Its US$85.4 Billion Merger Deal With Time Warner

Randall Stephenson, chairman and chief executive officer of AT&T, in a statement released this week, said AT&T is still awaiting regulatory approval on its US$85.4 billion merger deal with Time Warner Inc, which he continues to expect to close by the end of the year. This as the number of streaming services is growing rapidly […]

If The Local Media Goes Out Of Business – If They Cannot Afford To Pay For Real Journalism, If All You Have Is Fake News – O’Brien

Digicel Group Chairman Denis O’Brien has highlighted the impact that the online advertising funded model of internet providers is having on traditional media, as he addressed regulators from more than 60 countries at the recently concluded 17th Global Symposium for Regulators in the Bahamas. Politicians he said should realise that if the local media goes […]

First Heritage Cooperative Credit Union Has Experienced The Highest Level Of Loan Disbursements In Recent Years – Linton

First Heritage Cooperative Credit Union (FHC) has, at June 30, 2017 registered a group net surplus of J$36.3 million and liquidity ratio of 17.28%. Chief Executive Officer of FHC, Ms. Roxann Linton, who assumed the leadership of the Group in January of 2017, outlined that this reflects distinct improvement in the Credit Union’s net surplus […]

Alphabet Exploring More Personalised Search Options

Alphabet the parent company of Google had its worst year-on-year fall in profits since the 2008 financial crisis. The company reported that its income fell more than a quarter after it was hit by the European Commission with a $2.7bn fine for abusing market dominance. Alphabet is also said to be exploring more personalised search […]

New Developments In Artificial Intelligence, Virtual Reality, Algorithms And Robots Are Changing The World In Many Ways – O’Brien

Denis O’Brien Digicel Group Chairman has stressed the need for regulators to create equal opportunities for all participants in digital businesses, including over-the-top operators, governments and telecoms providers. O’Brien also emphasised that new developments in artificial intelligence, virtual reality, algorithms and robots are changing the world in many ways, and that the unregulated nature of […]

JMMB Merchant Bank To Focus On Entrepreneurship and SME Sector, With An Eye On Manufacturing, Retail And Distribution And Tourism Sectors For Growth – Smalling

Jerome Smalling, CEO, JMMB Merchant Bank Ltd. (JMMBMB) is looking towards encouraging entrepreneurship and sharpening the banks focus on the small and medium-size sector, eyeing further growth in business portfolio targeting three major sectors namely: manufacturing, retail and distribution and tourism sectors. This as JMMB Merchant Bank ended the 2016/17 financial year on a high […]

JMMB Group Posting 2017 Net Profits of J$3.35 Billion On Operating Revenues J$14.6 Billion A 28.2% Increase Over 2016 – Duncan

The JMMB Group has released its Annual Report for the year ended March 31, 2017 posting a net profit of J$3.35 billion and an operating revenue of J$14.6 billion,  an increase of 28.2% over the prior year. The Group also posted earnings per share of J$2.03, highlighting the benefits of a diversified business that is […]

Barbados Reporting 17 Per Cent Increase In Visitor Arrivals From The United States – Sealy

Barbados Minister of Tourism Richard Sealy is reporting that the island recorded a 17 per cent increase in visitor arrivals from the United States market for the year so far compared to the same period last year, which he attributed to the partnership the island has with low-cost US-based carrier JetBlue. The Canadian and Caribbean […]

Lasco Financial 2017 First Quarter Year Over Year Growth Of 22.4% Driven By Expansion Strategy – Hall-Tracey

Lasco Financial Services Limited have published their First Quarter unaudited financial results covering April – June 2017. Managing Director Jacinth Hall-Tracey in her report to shareholders indicated that first quarter transactions generated JA$58.5M more revenues than the corresponding period in 2016 to close the period with total revenue of $319.2M. This result represents year over […]

A Future Where Everyone And Everything Is Connected To The Internet – Son

Masayoshi Son, head of the Japanese holding company SoftBank, says he sees a future where everyone and everything is connected to the internet, traffic accidents don’t happen and robots are smarter than humans — and that this is a good thing. Ahead of a speech in Tokyo, the company announced almost half a billion dollars’ […]