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11 07, 2017

GraceKennedy Ltd. agrees to 100% ownership of Consumer Brands Limited

2017-07-13T21:34:11-05:00

GraceKennedy declared on Friday, July 7, 2017, that the Group has agreed to acquire 100% ownership of Consumer Brands Limited. The acquisition will make Consumer Brands Limited, a large player in the distribution industry, a subsidiary of Grace Kennedy Foods. The deal is likely to be concluded before the end of the third quarter of

11 07, 2017

Overseas Headlines – July 11, 2017

2017-07-11T15:28:14-05:00

Europe: Merkel: ECB policy not yet back to where we want it The European Central Bank's monetary policy is not yet where Germany would like it to be, German Chancellor Angela Merkel said, after years of ultra-loose measures designed to keep the euro zone afloat. In a rare comment on the ECB's policy, which the

10 07, 2017

Daily Market Summary- July 10, 2017

2017-07-10T22:40:40-05:00

Please click below to view today’s Daily Market Summary. Daily Market Summary 10.07.17 The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that any disclosure, copying, distribution or taking any action in reliance on the contents of this information

10 07, 2017

Seprod Expects a positive 2017

2017-07-10T22:08:44-05:00

Seprod Jamaica Limited held its Annual General meeting on July 10, 2017. The Seprod Chairman Mr. P.B Sccott commenced the Annual General Meeting (AGM) by introducing the members of the board who were in attendance. He then proceeded to give an overview of the company’s performance for the 2016 financial year. Mr. Scott then proceeded

10 07, 2017

Net International Reserves – June 2017

2017-08-24T19:02:56-05:00

Net International Reserves Jamaica’s Net International Reserves totaled US$2,616.81 million as at June 2017, reflecting an decrease of US$55.96 million relative to the US$2,672.77 million reported as at the end of May 2017 (see figure 1). Changes in the NIR resulted from a decrease in Foreign Assets of US$53.07 million to total US$3,185.65 million. Currency and

10 07, 2017

Overseas Headlines – July 10, 2017

2017-07-10T13:26:08-05:00

Europe: Euro zone bond yields stay near highs as policy trumps politics Euro zone bond yields stayed near recent highs as expectations on global growth and tighter monetary policy overshadowed any concerns prompted by a troubled meeting of world leaders over the weekend. Leaders from the world's leading economies broke with U.S. President Donald Trump

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