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22 10, 2019

Overseas Headlines-October 22, 2019

2019-11-27T10:32:15-05:00

Date: October 22, 2019 United States: Trump Says China Signals Trade Talks on Target for November Deal “President Donald Trump said China has indicated that negotiations over an initial trade deal are advancing, raising expectations the nations’ leaders could sign an agreement at a meeting next month in Chile. “They have started the buying,” Trump

18 10, 2019

U.S. Unemployment Rates Lower In September in 7 states

2019-11-27T10:34:56-05:00

October 18, 2019 The Bureau of Labour Statistics reported that, “Unemployment rates were lower in September in 7 states, higher in 4 states, and stable in 39 states and the District of Columbia.” Last year, there were seven states with jobless rate decreases, 2 states had increases and the District had little or no change.

18 10, 2019

Overseas Headlines-October 18, 2019

2019-11-27T10:35:11-05:00

October 18, 2019 United States: U.S. Futures Drift Amid Earnings; Dollar Drops: Markets Wrap “U.S. equity-index futures fluctuated alongside European stocks as earnings season rolled on and investors reviewed a mixed bag of economic data from China. The dollar edged toward its weakest close since July and the pound drifted. Contracts on all three major

17 10, 2019

Production in construction fell by 0.5% in euro area and 0.2% in EU28

2019-10-17T18:22:24-05:00

Seasonally adjusted production in the construction fell by 0.5% in the euro area (EA19) and fell by 0.2% in the EU28 in August compared with July 2019. According to Eurostat’s first estimates stated in July 2019, “production in construction decreased by 0.2% in the euro area and increased by 0.5% in the EU28. In August

17 10, 2019

Overseas Headlines-October 17, 2019

2019-10-17T17:34:04-05:00

October 17, 2019 United States: U.S. Home Starts Fall From 12-Year High on Multifamily Drop “U.S. new-home construction in September pulled back from a 12-year high though the key single-family category was stable, signaling the housing market is firming amid low mortgage rates and steady demand. Residential starts fell 9.4% to a 1.26 million annualized

16 10, 2019

PTL Reports 89% increase in first quarter net profit attributable to shareholders

2019-10-17T14:28:10-05:00

October 16, 2019 Paramount Trading (Jamaica) Limited, for the three months ended August 31, 2019, recorded a 14% decrease in total revenues to $360.57 million from $417.08 million reported in 2018. The company highlighted that, “the reduction in revenue was mainly due to less than expected outturn in the construction and technical grade brands. We

16 10, 2019

KEX reports 46% decrease in first quarter net profits

2019-10-16T21:02:14-05:00

October 16, 2019 Knutsford Express Services Limited (KEX), for the three months ended August 31, 2019 reported total revenue of $324.52 million, an 11% or $31.59 million increase when compared with the $292.93 million reported for the same period in 2018. KEX noted, “this was due to continued demand for our transport services.” Administrative and general

16 10, 2019

KREMI reports a 63% decrease in six months net profit

2019-10-16T21:02:03-05:00

October 16, 2019 Caribbean Cream Ltd. (KREMI) for six months ended August 31, 2019 reported a 5% increase in revenue totalling $839.96 million compared to $799.51 million in the corresponding period last year.  Revenue for the second quarter rose 9% to close at $422.30 million compared to $387.76 million for the comparable quarter of 2018.

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