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OPEC Members Iran And Venezuela Could Lose Almost 30 Percent Of Their Oil Output Due To U.S. Sanctions And Economic Upheaval

The International Energy Agency said that OPEC members Iran and Venezuela could lose almost 30 percent of their oil output next year due to U.S. sanctions and economic upheaval, in its first detailed forecast for 2019. The report this morning will increase pressure on a meeting of OPEC and its allies next week to permit […]

FAANG Group Post Mixed Earnings Reports

Google Still Most Valuable Brand In The World, Alibaba And Tencent In Top 10 Also

Two of the world’s biggest brands are now Chinese, this according to a new list of the world’s most valuable brands recently put out. China claimed two of the top spots for the first time. Alibaba has joined the top 10, alongside Chinese tech group Tencent, as well as stalwarts such as Google and Apple. […]

FAANG Group Post Mixed Earnings Reports

Anheuser-Busch Releases Budweiser Freedom Reserve Red Lager

NEW YORK — Budweiser unveiled the newest addition to its Reserve Collection – Budweiser Freedom Reserve Red Lager. The new beer was specially brewed by Budweiser’s own veterans and builds on Budweiser’s long-standing support of American veterans with a portion of proceeds sold this summer benefiting Folds of Honor — a nonprofit organization providing educational […]

FAANG Group Post Mixed Earnings Reports

Trump Wants ZTE Back Into Business Fast

US President Donald Trump’s surprise reprieve for ZTE Corp has paved the way for a Chinese delegation’s arrival in Washington for at least three days of talks aimed at averting a trade war, according to people briefed on the discussions. China’s foreign ministry confirmed on Monday that vice-premier Liu He would travel to the US […]

Our Vision Is To See Jamaica Grow To 100 Per Cent Internet Penetration

The Latest Product And Platform Innovations From Google IO 2018 – Video

Google has introduced a number of new products and technology upgrades at its recent annual developer conference that showed the internet giant lagging behind Apple Inc. and Amazon.com Inc. in some areas, while driving home its superiority in artificial intelligence. One notable new service seeks to tackle Tech Addiction, as Google also wants the public […]

Our Vision Is To See Jamaica Grow To 100 Per Cent Internet Penetration

Is Walmart Trying To Battle Amazon With Flipkart Acquisition?

Walmart, trying to battle Amazon on many fronts, just offered up $16 billion for a majority stake in India’s e-commerce giant, Flipkart. Flipkart is the biggest e-commerce company in India, though Amazon is a strong player there too. Walmart surely sees the untapped potential in a country where only 5 to 10 percent of people […]

FAANG Group Post Mixed Earnings Reports

Nestle And Starbucks Form “Global Coffee Alliance” With Deal Worth $7.15B!

Nestle and Starbucks just inked a deal to form what they’re calling a “global coffee alliance,” and that’s not just corporate hyperbole — it’s a big deal. Nestle will pay Starbucks $7.15 billion upfront in cash for the right to sell Starbucks packaged products in places including supermarkets. And people will be able to buy […]

FAANG Group Post Mixed Earnings Reports

“I’m Not Here To Convince You To Buy Our Stock,” – Musk

“These questions are so dry. They’re killing me,” was how the media is reporting Elon Musk’s reaction to analysts’ questions during Tesla’s recent earnings update. Investors were equally uneasy with the electric carmaker’s future. Musk’s fractious call with Wall Street analysts on Wednesday prompted a sell-off in Tesla’s shares, even though the company exceeded revenue […]

FAANG Group Post Mixed Earnings Reports