Distribution
Amazon: The Retail Giant That Keeps Growing
Amazon is one of the most successful companies in the world, and its growth shows no signs of slowing down. In 2022, the company's revenue was over $470 billion, and it is expected to reach $550 billion in 2023....
Business
FosRich had another great quarter beating analysts estimates
Obrian -
FosRich has broken the J$1 billion revenue mark in the quarter ended March 2023. This is a significant achievement for the company as this is the first time the company has been able to do that. Revenue for the...
Asia
China retaliates with sanctions against United States firms as sanction war heats up
Obrian -
China is beginning to focus on the interests of the West in the country after five years of snowballing of the US leading trade and technology under Presidents Donald Trump and Joe Biden.
In the past two months, Chinese...
Business
FESCO acquires Wilson Beck LPG Limited
Obrian -
Future Energy Source Company Limited (FESCO) has acquired a liquified petroleum gas business, Wilson Beck LPG Limited. This deal comes against the backdrop of strong numbers posted by the gas station company for the quarter that ended December 2022...
Business
FESCO had another stellar quarter
Obrian -
FESCO has yet again shown that it has solid growth potential as it yet again beats analysts' estimates and had its best quarter ever.
For the third quarter that ended December 31, 2022, the company recorded operating profits of J$155.59...
Business
Seprod numbers surge on the backdrop of major acquisition
Obrian -
Seprod Group had a stellar December fourth quarter where they beat analysts' estimates. Net profits for this particular quarter grew by 314%, which is an increase of J$916 million.
Revenues for the period grew by 122% to a figure of...
Business
Dolla and Fosrich partner to help bring accessible and affordable solar products to the market
Obrian -
Dolla Financial and Fosrich have signed a strategic partnership that will enable both companies to work together and make an impact in the solar energy industry. They both made their statements on Instagram by captioning the photo by stating,
“We...
Business
FosRich ends the year as the most valuable company on the JSE by market cap
Obrian -
FosRich Company Limited (FOSRICH) has achieved quite a feat as it becomes the most valuable company on the JSE by market capitalization. It finished the year 2022 with a market capitalization of $19.64 billion.
The company saw its stock...
Caribbean
PanJam sold off its shares in New Castle Company Limited
Obrian -
PanJam has recently sold off all its shares in local spice manufacturer New Castle Company Limited. Analysts are saying that this has been a deal that PanJam has benefited ever since PanJam decided to purchase 25 percent of the...
Latest News
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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