Friday, August 28, 2015
   
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Business

Digicel Group cuts net loss for first quarter 2015

Dennis-Obrien-26Digicel Group, the Irish-owned telecom provider with regional offices in Jamaica, suffered from flat revenues, but still slashed its net loss nearly in half, according to June first-quarter 2015 financials.

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Facebook has a billion users in a single day, says Mark Zuckerberg

facebook-hits-billion.77For the first time over a billion people used Facebook on a single day, according to company founder Mark Zuckerberg.

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Brazil's economy enters recession

brazil-recession.66Brazil has entered recession after official figures showed the country's economy contracted by 1.9% between April and June compared with the previous three months.

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Sagicor X Fund upsizes rights issue

Doubletree-hotel27Sagicor Real Estate X Fund plans to upsize its rights issue by roughly $1 billion to $5.1 billion in order to aid in the purchase of a US hotel close to Universal Studios and Walt Disney World in Orlando, Rlorida.

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Cruise Ship Cancellations

st-kitts-heartBasseterre, St. Kitts -  Please note that Delisle Walwyn, ship agent for Carnival Liberty has indicated that the Carnival Liberty has cancelled its call for Friday 28th August 2015 because of redeployment initiatives that was caused by the awaiting approach of Hurricane Danny in the Caribbean.

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