Seprod Profit Rose 16% Even as Its Revenue Slipped

Seprod profit rose 16% to 688 million Jamaican dollars in Q2 2026, even as revenue slipped 3%. Disciplined expense management drove the gain.

TechnologyCapex surges 75% on year as group braces for agent demand, faces higher chip costsAlibaba is spending big on its AI ambitions. © ReutersCISSY ZHOUAugust 20, 2026 19:57 JSTHONG KONG -- Alibaba Group's profit for the April-June quarter shrank 75% to 10.44 billion yuan ($1.55 billion), the Chinese conglomerate s

China's Alibaba posted stronger growth in its key cloud division in the June quarter, as rising demand for its AI products boosted results.That came even as net income dropped 75% year-on-year to 10.4 billion Chinese yuan due to a rise in spending on cloud infrastructure.U.S. listed shares fell 4% in premarket trading.

Airport says passenger demand resilient despite airline capacity cuts, global disruption.