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25 08, 2017

1834 reports 16% increase in THREE months Net Profit

2017-08-28T15:48:46-05:00

1834 Investments Limited (1834) For the three months ended June 30, 2017 Revenue for the first quarter of the 2017 financial year declined by 31% to $11.15 million (2016: $16.22 million). Other operating income increased significantly in the first quarter of 2017 to $74.54 million. This compares to the prior year’s period figure of $16.94

25 08, 2017

Overseas Headlines – August 25, 2017

2017-08-25T13:59:14-05:00

U.S. Rise in U.S. business spending bolsters economic outlook New orders for key U.S.-made capital goods rose slightly more than expected in July and shipments surged, pointing to an acceleration in business spending early in the third quarter. The Commerce Department’s upbeat report on Friday also suggested the economy continued to gather momentum after growth

24 08, 2017

Bank of Jamaica Reduces Policy Interest Rate

2017-08-24T21:41:01-05:00

Bank of Jamaica announces that, with effect from 25 August 2017, the rate offered on overnight placements with the Bank, the policy interest rate, will be reduced to 3.50 per cent from 3.75 per cent. The adjustment to the policy rate reflects the Bank’s assessment that inflation will be within BOJ’s inflation target of 4.0

24 08, 2017

Overseas Headlines – August 24, 2017

2017-08-24T13:52:43-05:00

U.S.: U.S. jobless claims rise slightly as labour market tightens The number of Americans filing for unemployment benefits rose less than expected last week, suggesting a further tightening in labour market conditions. Initial claims for state unemployment benefits increased 2,000 to a seasonally adjusted 234,000 for the week ended Aug. 19, the Labour Department said

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