July 29, 2020 Lasco Distributors Limited (LASD), for the three months ended June 30, 2020, posted an 8% increase in revenue to $4.70 billion, up from $4.34 billion booked in the corresponding period in 2019. Cost of sales amounted to $3.81 billion, up 10% on the $3.47 billion reported in the prior comparable period. Consequently,
MPC Caribbean Clean Energy Limited (MPCCEL), for the three months ended March 31, 2020, recorded a total expenses amount of US$39,208. The breakdown for total expenses is as followed: Accountancy fees closed the period at US$4,400 (2019: US$4,013). Administrative fees for the quarter amounted to US$28,584 versus US$26,017 recorded in the prior corresponding quarter. Directors’
July 28, 2020 According to the latest report provided by the Eurostat, in the first quarter of 2020, household real consumption per capita fell by 3% in the euro area, while the previous quarter decreased by 0.4%. Additionally, Eurostat noted that, “this movement was due to the COVID19 containment measures implemented by Member States in
United States: The Next WTO Chief Treads a Fine Line Between the U.S. and China “The race for the top post of the World Trade Organization is often characterized as another key battleground in a U.S. versus China struggle for hegemonic supremacy. That may be a bit overblown, but there’s certainly a ring of truth
United States: U.S. Durable Goods Orders Advanced More Than Forecast in June “U.S. orders for durable goods rose more than expected in June, led by a spike in demand for motor vehicles and a pickup in business activity more broadly as states reopened their economies. Bookings for durable goods -- or goods meant to last
July 24, 2020 The U.S. direct investment abroad position or cumulative level of investment rose $158.6 billion to $5.96 trillion at the end of 2019 from $5.80 trillion at the end of 2018, according to statistics released by the Bureau of Economic Analysis (BEA). The increase was attributable to a $95.7 billion rise in the
United States: U.S. Economic Recovery Is Stalling and It May Get Even Worse “The official numbers have begun to confirm what many Americans feel in their bones: the economy is buckling once again. Despite assurances from the Trump administration that better times are at hand, the worsening pandemic is restraining or even snuffing out the
July 24, 2020 Seprod Limited (SEP), for the six months ended June 30, 2020, revenue totalled $18.61 billion compared to the $16.60 billion recorded for the same period of the prior financial year; this represents a 12% increase year over year. Revenue for the quarter totalled $9.47 billion an 18% increase relative to $8.01 billion
July 23, 2020 The seasonally adjusted initial claims, advance estimate, rose to 1,416,000, an increase of 109,000 for the week ending July 18 from the prior week's revised level, according to the U.S. Department of Labour (DOL). The prior week's level was revised to 1,307,000 from 1,300,000 up by 7,000. In comparison to the previous week’s average,
July 23, 2020 LAB has aimed to establish itself as a leader and innovator as the Company delivered great results for FY2019 after listing on the Junior Market of the Jamaica Stock Exchange in July 2019. The CEO and Founder of The LAB, Kimala Bennett spoke to the financial performance of the Company. The LAB recorded revenues
