Caribbean Business Reports

Finance

Royal Bank, BMO set aside record provisions for soured loans

Royal Bank of Canada and Bank of Montreal joined their Canadian peers in setting aside...

May 28 | BY

Markets

Scotiabank takes US$168 million hit as it shuts historic gold unit

Bank of Nova Scotia has set aside C$232 million ($168 million) to cover the cost...

May 26 | BY

Markets

Fontana sees more sales, but profit dips in March quarter

Chairman of Fontana Limited, Kevin Chang, indicates that the company has been significantly impacted by the...

May 25 | BY

Energy

TTNGL Q1 profits down 85%

Trinidad and Tobago NGL (TTNGL) earlier this week revealed that its first-quarter profit fell sharply...

May 22 | BY Josimar Scott

Finance

Sagicor to pay dividends to holders of less than 1% shares

Sagicor Group Jamaica says it intends to pay out declared dividends to shareholders of one...

May 20 | BY Paul Allen

Investment

First Rock declares profit for first quarter as a listed company

First Rock Capital Holdings Group on Monday posted its first set of interim financial statements as...

May 14 | BY

Investment

Mailpac posts $100-m profit in first quarter since listing

Mailpac Group Limited (MGL) posted on Monday an unaudited, after-tax profit of $101.9 million for...

May 13 | BY

Manufacturing

Wisynco profit down $114-m in Q3

Manufacturing and distribution company Wisynco reported a decline in profit for the just-ended quarter. In...

May 11 | BY Paul Allen

Finance

Profit declines as Republic Financial Holdings prepares for COVID-19

Republic Financial Holdings Limited (RFHL) has announced shareholder profit of US$81.7 million for the six-month...

May 08 | BY Paul Allen

Technology

PayPal shares soar, Square makes gains as online transactions grow

Shares of PayPal Holdings Inc rallied as much as 13 per cent, reaching a record...

May 07 | BY

Markets

IronRock losses decrease in first quarter

IronRock Insurance Company Limited, on Friday last, reported an after-tax loss of $2.8 million for...

May 06 | BY

Markets

Barita profit near doubles as firm plans for COVID impact

On the heels of a 95 per cent increase in profit, Barita Investments says it...

May 05 | BY Paul Allen

Production

Profit up 35% at Jamaica Producers

Jamaica Producers Group Limited (JP) on Wednesday reported after-tax profit of $2.7 billion for the financial...

May 03 | BY

Finance

NCB Financial Group reports profit; plans for COVID impact

The NCB Financial Group (NCBFG) is reporting profit of J$13.4 billion for six months ended...

May 01 | BY Paul Allen

Money

Record profit at Supreme Ventures as ticket sales climb

Supreme Ventures Limited (SVL) earned record profit as ticket sales climbed 16 per cent last...

Apr 27 | BY Paul Allen

Manufacturing

Angostura revenue up 8.1%, highest in a decade

Angostura Holdings Limited has recorded its highest revenue in 10 years. Revenue at the company...

Apr 24 | BY Paul Allen

Manufacturing

GraceKennedy targets global status following $100-billion year

Following a year that saw it generate over J$100 billion in revenue, the GraceKennedy Group...

Apr 24 | BY Paul Allen

Investment

Stocks halt two-day drop; oil rises from record lows

US stocks halted a two-day slide as investors digested the latest round of corporate earnings...

Apr 22 | BY

Insurance

General Accident gets approval for Barbados expansion

General Accident Insurance Company has received authorisation to operate in Barbados. The Financial Services Commission...

Apr 20 | BY Paul Allen

Insurance

Losses jump 460% at Key Insurance

Key Insurance Company, which was recently taken over by GraceKennedy Group, saw its 2019 losses...

Apr 15 | BY