January 22, 2020 Total employed labour force increased by 29,200, in October 2019 compared to October 2018, with the unemployment rate amounting to 7.2% as stated by the Statistical Institute of Jamaica (STATIN). Of the 29,200 increase in the labour force, employment of males rose by 10,600 to 682,800, while for females an increase of
January 22, 2020 United States: Trump Trial Rules Set After McConnell Fields Pushback From GOP “The Senate set the terms for Donald Trump’s impeachment trial, but not before Majority Leader Mitch McConnell and the president got a reminder that a small group of GOP senators can determine how it will play out. The Senate voted
Date: January 21, 2020 GraceKennedy Limited (GK) has announced plans to further strengthen and expand its Financial Division through an offer by the holding company, GraceKennedy Financial Group Limited (GKFG), to acquire general insurance entity, Key Insurance Company Limited, a company listed on the Junior Market of the Jamaica Stock Exchange. The offer follows the
January 21, 2020 According to Eurostat, “In the third quarter of 2019, the seasonally adjusted general government deficit to GDP ratio stood at 0.7% in the euro area (EA19), compared with 0.7% in the second quarter of 2019. ” Also, the deficit to GDP was 0.9% in the EU28, relative to a similar 0.9% in
January 21, 2020 GraceKennedy Limited (GK) has advised that the Company has acquired 15% interest in Key Insurance Company Limited (KEY). GK further state that it intends to make a cash offer to purchase 100% of the issued share capital of Key at a price of $2.01 per share. The Offer will open for acceptance
January 21, 2020 United States: Trump Legacy at Risk as Senate Impeachment Trial Opens Today “President Donald Trump’s impeachment trial formally opens in the Senate on Tuesday, promising to shape his legacy, deepen the country’s political divisions and influence control of power in the nation’s capital for years to come. While the president faces little
Date: January 20, 2020 Supreme Ventures Group Limited (SVL) has advised that its wholly owned subsidiary, Bingo Investments Limited (Bingo), has completed the acquisition of the assets of Champion Gaming Limited. SVL has also advised of the following appointments to the Board of Directors of Bingo: Damian Chin-You, Director of SVL who will serve as
Date: January 20, 2020 Mayberry Investments Limited (MIL) has advised that Mr. Wayne Campbell has resigned from his post as Financial Controller effective December 24, 2019 and that Mr. Rakar Williams assumed the role effective December 24, 2019. MIL has also advised that Mrs. Andrea Whittaker has been appointed Chief Operating Officer effective January 6,
January 20, 2020 Seasonally adjusted production in construction rose by 0.7% in the euro area (EA19) and increased by 1.1% in the EU28 for November compared with October 2019. According to Eurostat’s first estimates stated in October 2019, “production in construction fell by 0.5% in the euro area and by 0.4% in the EU28.” Whereas,
January 20, 2020 Weekly Picks 20.01.20 LASM Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those issuer(s) or securities as at the date of this report. Each research analyst (s) also certify that no part of their compensation was, is, or will be,
