Manufacturing
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...
Asia
The phrase "Made in China" has become synonymous with cheap, mass-produced goods. However, the label has a much more complex history than that.
In the early 1970s, China was a poor, agrarian country with a centrally planned economy. However, in...
Business
Tesla cut prices for Model X and Model S for car owners in United States
Obrian -
Tesla has decided to cut the prices of its Model S Sedan and Model X SUV in the U.S. This marks the second time the company has slashed prices for the year. It will probably not be the last...
Business
Fontana numbers shows resiliency in company’s fundamentals
Obrian -
Fontana had a record-breaking December quarter, revenues jumped to J$2.1 billion which is a 15 percent jump over the same period the previous year where the figure came in at J$1.8 billion. Net profit returns were also pretty positive,...
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...
Manufacturing
The smartphone market decline continues as consumer spending dries up
Obrian -
Worldwide cell phone shipments experienced their third sequential downfall this year. Per numbers from Canalys, shipments dropped a humble 9% last quarter, denoting the most terrible Q3 for the class beginning around 2014.
Apple is coping better than others, with...
Manufacturing
US urges western suppliers to cut ties with China in the latest phase of the chip war
Obrian -
The United States has created new laws that experts will have a major effect on the Chinese chip market which is clearly what the White House is aiming to curb.
Over the last decade, China has invested billions of...
Manufacturing
Intel carried out layoffs due to a drop in pc demand
Obrian -
Major Chip Maker Intel had for some time been expecting a decrease in PC deals after a time of uplifted requests because of work-and-study-from-home plans achieved by the Coronavirus pandemic.
In July, it owned up to Nikkei that it...
Business
AS Bryden & Sons is set to go public this year
Obrian -
Seprod Group's recent subsidiary, AS Bryden & Sons, is set to go public later this year on the Jamaica Stock Exchange (JSE) leaving Seprod Group (SEP) to benefit greatly from such a development.
Seprod acquired a majority stake in...
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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