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Friday, May 3, 2024

Business

Why I like GraceKennedy (GK)

Apart from GraceKennedy (GK) being one of the largest conglomerates in Jamaica and the wider Caribbean, it’s a company I dream of creating if I was supposed to build my own company. I wouldn’t make any changes because it’s...

Davos 2024: A World Rebuilding Trust in the Shadow of Uncertainty

The 54th Annual Meeting of the World Economic Forum in Davos, Switzerland, concluded on January 19, 2024, leaving in its wake a multitude of insights, debates, and cautious optimism amidst a world grappling with geopolitical and economic anxieties. Under...

Brookfield Corporation: A Colossus Straddling Industries and Continents

Brookfield Corporation, a Canadian multinational behemoth, reigns supreme as one of the world's largest alternative asset managers, wielding a staggering $850 billion+ in assets under its watchful eye. Its tentacles reach across the globe, spanning 30+ countries and five...

KPREIT Property Sale

Kingston Properties Limited (KPREIT) in a recent disclosure through the Jamaica Stock Exchange on Monday, August 28, 2023, announced the closure of a deal that saw them making a profit on the sale of a portfolio property at 7...

Twitter Rebrands to ‘X’

In a surprise move, Elon Musk has rebranded Twitter as "X." The change was announced on Sunday, and the new logo, a simple black-and-white X, went live on the company's website on Monday. Musk has not said why he decided...

Mars, Incorporated: The World’s Largest Candy Company

Mars, Incorporated is a privately held American multinational manufacturer of confectionery, pet food, and other food products and a provider of animal care services. It is the world's largest confectionery company, with 2022 net sales of $45 billion. The company...

Oil Prices Rise as Supply Concerns Linger

Oil prices rose on Monday as concerns about supply disruptions lingered. Brent crude oil was up 1.2% to $113.09 a barrel, and U.S. West Texas Intermediate crude oil was up 1.1% to $107.57 a barrel. The rise in oil prices...

Powerball Jackpot Rises to an Estimated $650 Million

The Powerball jackpot has risen to an estimated $650 million after no one matched all six numbers in Saturday night's drawing. The winning numbers were 7, 23, 24, 32, 43 and the Powerball was 18. The jackpot has been growing...

Jack Ma’s Firm Asked to Pay Nearly $1 Billion Fine in China

Chinese regulators have fined Ant Group, the financial technology giant founded by billionaire Jack Ma, nearly $1 billion for breaking rules related to consumer protection and corporate governance. The fine, which is equivalent to 7.1 billion yuan, is the latest...

Tesla Shares Fall After Elon Musk Says He Will Sell More of His Stake in the Company

Tesla shares fell 12% on Friday after Elon Musk said he would sell more of his stake in the company. Musk said he would sell up to 10% of his shares if Twitter users voted in favor of it. Musk's...
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Twitter Rebrands to ‘X’

In a surprise move, Elon Musk has rebranded Twitter as "X." The change was announced on Sunday, and the...
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