Category: hit

  • How Gen Z protests, Finance Bill hitch hit KRA collections

    Tax collections in the first quarter of the current fiscal year grew at the slowest pace in at least a decade, excluding the period of the Covid-19 pandemic, reflecting the impact of the withdrawal of the finance bill and business unrest in the wake of deadly Gen Z-led protests. The…

  • Property auctions surge as defaults hit Sh674bn

    In a yard in Nairobi, cars are piled up waiting for bids at auctions where there have not been enough buyers recently, a growing problem in Kenya as loan defaults hit a new 18-year high in August. The resilient economy and expensive loans have created a growing number of distressed…

  • Could XRP Finally Hit $1? Key Factors To Consider

    They say journalists never stop working. But for Christian, this is not just a metaphor, it is a way of life. By day, he navigates the ever-changing tides of the cryptocurrency market, using words like a seasoned editor and crafting articles that decode jargon for the masses. When a computer…

  • Could XRP Finally Hit $1? Key Factors To Consider

    They say journalists never stop working. But for Christian, this is not just a metaphor, it is a way of life. By day, he navigates the ever-changing tides of the cryptocurrency market, using words like a seasoned editor and crafting articles that decode jargon for the masses. When a computer…

  • Israel’s forex reserves again hit new record

    Israel’s foreign exchange reserves at the end of September 2024 reached a record level of $220.377 billion, an increase of $2.992 billion from their level at the end of August, which was itself a new record high, the Bank of Israel reported. The level of reserves in relation to GDP…

  • Fresh produce exporters hit as airlines withdraw freight services

    Horticulturists and fresh produce exporters in Kenya are facing losses at the start of the peak season, after several international airlines withdrew their cargo services at the main Jomo Kenyatta International Airport, citing lower returns compared to other routes. The dire situation facing farmers and exporters has been exacerbated by…

  • Will XRP or Cybro hit $3 first?

    Disclosure: This article does not constitute investment advice. The content and materials contained on this page are for educational purposes only. Analysts are predicting a massive 600% rally for Cardano, while speculation is growing about whether XRP or Cybro will reach $3 first. Analysts are predicting a massive 600% rise…

  • Will XRP or Cybro hit $3 first?

    Disclosure: This article does not constitute investment advice. The content and materials contained on this page are for educational purposes only. Analysts are predicting a massive 600% rally for Cardano, while speculation is growing about whether XRP or Cybro will reach $3 first. Analysts are predicting a massive 600% rise…

  • Homeowners hit by Hurricane Helene face the grim task of rebuilding without flood insurance

    Breadcrumb links PMN BMN Business Article writer: Associated Press Sally is Published on October 05, 2024 • Last updated 33 minutes ago • 5 minute read You can save this article by registering for free here. Or log in if you have an account. Room contents are emptied into the…

  • Northvolt’s Funding Travails Hit Battery Projects from Germany to Canada

    Breadcrumb links BMN Business Northvolt AB’s difficulties are causing headaches far beyond its home base in Sweden, where taxpayer-backed electric vehicle battery projects face delays stretching from Germany to Canada. Article writer: Bloomberg News Mathieu Dionne, William Wilkes, and Petra Sorge Published on October 05, 2024 • 4 minutes read…

  • Amazon hit with US labor board complaint over ‘joint employment’ of drivers By Reuters

    Written by Danielle Wiesner (Reuters) – Amazon.com has been charged by the U.S. Labor Council for illegally refusing to negotiate with a union representing drivers working for a contractor, the U.S. labor agency announced on Wednesday. The complaint filed by the National Labor Relations Board (NLRB) alleges that Amazon (NASDAQ:)…

  • Quality ratings hit to key Medicare plan shakes Humana stock

    Humana shares fell early Wednesday after the health insurer said a decline in its Medicare Advantage quality rating would hurt future bonus payments the company receives. The number of customers currently enrolled in plans rated four stars or higher for 2025 is down 94% from this year, the insurer said.…

  • S&P 500 could hit unprecedented 6,000 by year-end after unusual September gains By Investing.com

    Investing.com – It made gains in September, bucking the trend of what is typically the weakest month of the year, and now has history in its favor for a further unprecedented rise to 6,000 by the end of the year, according to new analysis from the bank. From America. “When…

  • Crypto Inflows Hit New Heights As Ethereum Funds Break Losing Streak—Bull Run Here?

    Global cryptocurrency investment products rose, recording net inflows of $1.2 billion over the past week. This represents the third consecutive week of positive flows and a notable shift in market sentiment, as highlighted in the latest report a report From CoinShares, a leading digital asset investment company. Coinshares revealed that…

  • Apple’s iPhone 16 Could Become a Runaway Hit, and Here Is 1 Stock to Buy Hand Over Fist Before That Happens

    Initial reports indicate that apple‘s (Nasdaq: Apple) The latest batch of smartphones has seen weaker demand than last year’s models which has weighed on the stock recently. But it looks like these reports may not hold much water after all, as the company’s iPhone 16 lineup seems to be receiving…

  • Healthcare hit: tech and industrials defy today’s downturn

    Stock Heat Map By FinViz.com Fri, 27 Sep 2024 13:46:15 GMT Sector overview Today’s stock market heat map reveals a diverse landscape of sector performance. It is worth noting that Health care sector Struggles with Eli Lilly (LLY) It led the decline to -2.29%. Meanwhile, technology and Industries They show…

  • Bedrock DeFi Exploit: UniBTC Contract Hit

    The world of decentralized finance (DeFi) has witnessed significant growth in recent years, with a plethora of platforms emerging to meet the ever-evolving needs of investors and cryptocurrency enthusiasts. However, as the DeFi ecosystem continues to expand, it has also become a prime target for malicious actors seeking to exploit…

  • Bedrock DeFi Exploit: UniBTC Contract Hit

    The world of decentralized finance (DeFi) has witnessed significant growth in recent years, with a plethora of platforms emerging to meet the ever-evolving needs of investors and cryptocurrency enthusiasts. However, as the DeFi ecosystem continues to expand, it has also become a prime target for malicious actors seeking to exploit…

  • US holiday spending on buy now, pay later to hit record due to debt-laden shoppers By Reuters

    Written by Ariana McLemore NEW YORK (Reuters) – U.S. shoppers are expected to spend a record $18.5 billion using third-party buy-now, pay-later services on holiday purchases in the fourth quarter, according to a forecast released by data firm Adobe Analytics on Wednesday. With many Americans in debt recently, spending on…

  • Drakeford plans new tax hit on private schools in Wales

    Private schools in Wales are likely to lose their charitable status from April 2024 under new proposals put forward by the Welsh Labour government. The move will require fee-paying schools to pay local taxes, a change that is expected to bring in an extra £1.3m a year. It follows UK-wide…