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Low Production By Venezuelan Oil Monopoly And Global Drop In Crude Prices Throw Country Into Crisis.

Although Venezuela sits atop the world’s largest oil reserves, low production by the state oil monopoly and the global drop in crude prices has thrown the Latin American country into crisis. Inflation in the economically struggling nation reached a staggering 2,600 percent last year, underline the problems besetting Venezuela, where food, medicines and other basic […]

Eppley Acquires Fortress Caribbean Property Fund

Scotia Group Jamaica Reporting Marginally Improved EPS of JA$3.91 For 2017

Scotia Group Jamaica Limited is reporting increased profits of JA$12.4 billion compared with JA$11.6 billion in the prior year, achieved on revenues of JA$39.4 billion, an increase of $2 billion. The Group outlined in recently released Audited Financial Statements for the Year Ended October 31, 2017, closed the year with marginally improved earnings per share […]

Eppley Acquires Fortress Caribbean Property Fund

Guardian Minority Shareholders Raises Concerns With SEC, Something Is Obviously Amiss With This Particular Offer

There are reports out of Trinidad and Tobago that Minority shareholders of Guardian Holdings are raising concerns about the conditions for the sale of shares from Guardian Holdings Ltd (GHL) to the Michael Lee Chin led NCB Financial Group. Among the concerns raised was the offer price of US$2.35 per share which works out to […]

Gray’s Pepper Products Sells 33.3 % Stake To GK Investments Limited

CAC 2000 Reporting Improved EPS Of 78 Cents,

Steven Marston Chairman and CEO of Junior Market company CAC 2000 Limited is reporting improved earnings per share of 78 cents, a significant improvement on the 8 cents recorded for 2016. Addressing shareholders in the company’s just released Audited Financials for Year Ending Oct 31, 2017, he reported that the $100.7 million net profit for […]

Gray’s Pepper Products Sells 33.3 % Stake To GK Investments Limited

All Mac Computers And ios Devices Affected By Chip Security Flaws

Apple Inc. has revealed that all Mac computers and iOS devices, like iPhones and iPads, are affected by chip security flaws unearthed last week, but the company stressed there are no known exploits impacting users. The company said recent software updates for iPads, iPhones, iPod touches, Mac desktops and laptops, and the Apple TV set-top-box […]

Softbank Urges Uber To Focus On Recovering Market Share In US And European Markets.

Guardian Minority Shareholders Say Offer Not Enough, Demand Details Of 2015 ‘Lock-Up’ Agreement

Minority shareholders of Guardian Holdings Ltd are calling on the company and NCB Global Holdings Ltd to disclose details of a 2015 ‘lock-up’ agreement signed between the then respective majority owners—the Lok Jack and Ahamad families, and Jamaican billionaire Michael Lee Chin. The Minority shareholders are also saying the US$174 million offer made by the […]

Eppley Acquires Fortress Caribbean Property Fund

Smart Speakers Hitting Peak Volume

The explosion in smart speaker sales will peak as soon as next year as the market becomes saturated, according to the organisers of CES 2018, the Consumer Electronics Show in Las Vegas. Amazon Alexa-powered headphones, mirrors, showers, light switches and even smoke alarms are being featured at the show. In the automotive section, a Chinese […]

Softbank Urges Uber To Focus On Recovering Market Share In US And European Markets.

DBJ and Investors issue Call for Proposals from Fund Managers

The Development Bank of Jamaica (DBJ) through its Jamaica Venture Capital Programme (JVCP), and in collaboration with a group of corporate investors (“the Panel)”, is issuing of a Call for Proposals (CFP) to local and international private equity and venture capital fund managers, seeking financing for Funds to invest in companies operating in Jamaica. The […]

Eppley Acquires Fortress Caribbean Property Fund

Digital Technology Has Redefined How We Live And Work: NCB 2.0 IS DIGITAL

Digital technology has redefined how we live and work. It has enhanced our lives by providing access to information and services once only enjoyed by a small percentage of the global population. Like education, I view digital technology as a great equalizer of which we can all take advantage to improve our personal lives, our […]

Softbank Urges Uber To Focus On Recovering Market Share In US And European Markets.