May 05, 2020 The latest report published by Eurostat, the statistical office of the European Union stated that “in March 2020, the month when COVID-19 containment measures began to be widely introduced by Member States, industrial producer prices fell by 1.5% in the euro area and by 1.4% in the EU, compared with February 2020.”
Date: May 01, 2020 IronRock Insurance Company Limited (ROC), for the three months ended March 2020, posted gross premiums of $178.67 million relative $120.78 million booked in the prior corresponding quarter; representing a 48% increase. Management noted that, “the increase was driven primarily by growth in our Motor and Property portfolios.” Proportional reinsurance amounted to $115.70
Date: May 01, 2020 NCB Financial Group Limited (NCBFG), for the six months ended March 31, 2020, booked a 40% increase in net interest income to total $27.98 billion relative to the $19.99 billion booked the corresponding period in 2019. NCBFG noted that this increase was "primarily due to the consolidation of GHL’s results. There
Date: May 01, 2020 Supreme Ventures Limited (SVL), for the three months period, reported a 9% increase in Total Gaming Revenue from $9.30 billion in 2019 to $10.13 billion in 2020. Revenues from the company’s segments were as follows: Revenue from Non fixed odd wagering games, horse racing and pin codes- $5.72 billion (2019: $5.42
April 30, 2020 Real gross domestic product (GDP) declined at an annual rate of 4.8% for the first quarter of 2020 according to the advance estimate released by the Bureau of Economic Analysis (BEA). However, for the fourth quarter of 2019, real GDP had a 2.1% growth. The downward movement in real GDP for the
April 30, 2020 Brent Oil Brent oil prices increased by 24.57% or US$5.24, as prices fell this week relative to the prior week. Oil traded on April 30, 2020 at a price of US$26.57 per barrel relative to US$21.33 on April 23, 2020. Brent oil opened 2020 year at US$66.25 per barrel. Petrojam prices 87
April 29, 2020 Tremendous human and economic hardship blankets the United States and the World due to the outbreak of the coronavirus. The outbreak has resulted in the implementation of numerous measures to protect public health while inducing declines in economic activity and a surge in job losses. The Federal Reserve cites, “weaker demand
April 29, 2020 Unemployment rates trended upward for the month of March in 253 of the 389 metropolitan states compared to twelve months earlier. According to Bureau Labor Statistics (BLS), unemployment rates were, “lower in 123 areas, and unchanged in 13 areas.” Jobless rates lower than 3.0% were recorded in 45 areas while 11 areas
Date: April 27, 2020 Caribbean Cement Company Limited (CCC), for the three months ended March 2020, reported total revenue of $4.55 billion for the quarter, an increase of 2% increase when compared with the $4.45 billion reported in 2019. Cost of sales amounted to $2.68 billion (2019: $2.30 billion), which resulted in gross profit of
April 24, 2020 In 2019, the year prior to COVID-19 containment measures were widely introduced by EU Member States, unemployment rates continued to vary widely across the NUTS 2 regions of the EU’s 27 Member States, as noted by Eurostat. The lowest rates were observed in four Czech regions: Prague and Central Bohemia (both 1.3%),
