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...
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....
A.I.
Chinese EV car maker Zeekr raises $750 million to expand operations
Obrian -
At the point when funding financing is easing back in China, EV is one of only a handful of exceptional areas actually keeping financial backers energized.
For example, Zeekr, the extravagance electric vehicle brand of China's biggest confidential carmaker...
Business
Evergo Jamaica invested $200 million in E-DRIVE
Obrian -
Evergo Jamaica is investing in Mexico-based E-DRIVE which is a company that is building the infrastructure for the electric future. This infrastructure is mainly in the form of providing electric gas stations throughout the Caribbean and Latin America.
Additionally, Evergo...
Caribbean
FESCO net profit surges as it looks to expand operations
Obrian -
FESCO has experienced yet another successful quarter in which the service station chain has shown very promising results.
Net profit for the period ending September surged by 125.98 percent from J$72.08 million to J$129.29 million. Total net profit thus far...
Caribbean
Mailpac looks to expand despite post-pandemic challenges
Obrian -
Courier company Mailpac Group Limited (MAILPAC) will be ramping up investments and introducing a new stream of services over the upcoming year. This comes off the backdrop of a slight decline in revenue. This was and still is largely...
Business
Cari-Med has eyes set on a possible upcoming IPO
Obrian -
Leading pharmaceutical distributor Cari-Med has been in the early stages of possibly bringing the company public on the Jamaica Stock Exchange (JSE).
One of the major reasons so far has already been hinted at by Chairman Glen Christian and it...
Business
GroceryListJa: Bridging the grocery shopping gap between the diaspora and Jamaica
Obrian -
GroceryList Jamaica is a digital grocery shopping company that allows residents in the diaspora to shop for anyone at home in Jamaica and will enable the products to be delivered to them.
It’s an app that became necessary when...
Caribbean
7Krave expands into providing mart services
Obrian -
7Krave is expanding its operation into mart services, allowing customers to buy groceries and other essentials through 7KraveMart.
"7Krave users in Kingston with the mobile app installed can access the mart section of the app and order groceries, market produce,...
Business
FosRich expands amid a profitable first half of 2022
Obrian -
FosRich Company Limited (FOSRICH) had an excellent first half of this year, 2022. Net profit grew 160 percent to $298 million from a revenue stream of $1.8 billion. The key drivers for growth came from the solar business, LED,...
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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