United States: Biden Gets a $4 Billion Reminder to Patch Trade Ties With Europe “Barely 48 hours after President-elect Joe Biden pledged to “make America respected around the world again,” the European Union was among the first in line to remind him that trans-Atlantic trade relations might be a good place to start. Brussels on
November 10, 2020 Caribbean Assurance Brokers (CABROKERS), for the nine months ended September 30, 2020, reported revenue of $213.67 million compared to the $336.06 million booked for the prior year, a 36% decrease. For the quarter, revenue went down by 61% closing at $74.06 million (2019: $188.06 million). The decline in revenue, “resulted from the
November 10, 2020 Jamaica Producers Group Ltd (JP) Unaudited Financial Statements for Nine Months ended September 30, 2020: Jamaica Producers Group Limited (JP), for the nine months ended September 30, 2020 experienced a 4% decrease in revenue to total $14.84 billion compared to the $15.38 billion reported in 2019. The Company posted 2% increase in
November 10, 2020 Total nonfarm payroll employment climbed 638,000 in October, as the unemployment rate fell to 6.9%, according to a report by the U.S. Bureau of Labour Statistics (BLS). The improved performance was due to the continued resumption of economic activity that had been curtailed due to the coronavirus (COVID-19) pandemic and efforts to
November 10, 2020 Mailpac Group Limited (MAILPAC)’s revenue amounted to $1.21 billion for the nine months ended September 30, 2020, 42% greater than $851.44 million booked twelve months earlier. While, for the quarter, revenues closed at $476.54 million. Cost of sales totalled $623.04 million (2019: $409.61 million). As a result, gross profit amounted to $584.35 million
United States: U.S. Trade Policy Is Ready for its Biden Makeover “If he winds up facing a hostile Senate, President-elect Joe Biden will struggle to make sweeping policy changes. But for better or worse, executive power has expanded to the point where Biden will be able to make progress on a number of fronts without
November 9, 2020 Pulse Investments Limited (PULS), for the three months ended September 30, 2020 reported a $17.41 million increase in operating revenue to $166.69 million in the first quarter relative to $149.27 million the prior year, representing a 12% increase. Administrative and other expenses amounted to $55.52 million (2019: $50.34 million), an increase of
November 9, 2020 Lasco Manufacturing Limited (LASM) for the six months ended September 30, 2020, recorded an increase of $276.02 million or 7% in revenue to total $4.12 billion relative to the $3.85 billion recorded for the comparable period in 2019. For the second quarter, total revenue closed at $2.28 billion (2019: $2.06 billion), a
November 9, 2020 FIRSTROCK Capital Holdings Group (FIRSTROCK), for the nine months ended September 2020, recorded total investment income of US$4.80 million (2019: US$989,888). Of this, Rental income amounted to US$324,971 (2019: US$9,471). Realised and unrealised gains on investments totalled US$3.45 million versus US$386,231 reported in 2019. Interest income closed at US$1.06 million (2019: US$219,885)
November 9, 2020 Medical Disposables & Supplies Limited (MDS) Unaudited Financial Statements for Six Months ended September 30, 2020: Medical Disposables & Supplies Limited, for the six months ended September 2020 reported Revenue amounting $1.14 billion, an increase of 2%, relative to $1.12 billion booked the previous year. For the second quarter revenues totalled $630.16
