Category: News

  • CHAR Technologies Closes Private Placement

    This section is Partnership content provided The content in this section is provided by GlobeNewswire for the purposes of press release distribution on behalf of its clients. Postmedia has not reviewed the content. by Globe Newswire Breadcrumb links Globe Newswire Article writer: Published on November 1, 2024 • 4 minutes…

  • Huawei is ‘still struggling’: Founder Ren Zhengfei

    Huawei, the Chinese technology giant, is facing an unexpected comeback story. Starting with a new premium smartphone in August 2023, the US-sanctioned company has released new phones, laptops, AI chips and electric vehicles, putting it at the forefront of China’s push for technological self-sufficiency. Huawei will achieve nearly $100 billion…

  • Huawei is ‘still struggling’: Founder Ren Zhengfei

    Huawei, the Chinese technology giant, is facing an unexpected comeback story. Starting with a new premium smartphone in August 2023, the US-sanctioned company has released new phones, laptops, AI chips and electric vehicles, putting it at the forefront of China’s push for technological self-sufficiency. Huawei will achieve nearly $100 billion…

  • Tax pain signal in new Sh78bn IMF loan deal

    Kenyans are facing more tax pain after the International Monetary Fund (IMF) cited the need for higher revenues as a condition for its multi-billion dollar loan facility for the country. The International Monetary Fund says Kenya underperformed in terms of revenues in the year to June – the period before…

  • How AI might transform the internet as we know it

    TED entered the world of artificial intelligence in October with the TEDAI conference. The conference was held in Vienna, and one of the main themes that emerged was how this cutting-edge technology will revolutionize the creative, digital media and educational sectors. Speaking at the TEDAI conference, Selena Dickelmann, director of…

  • UK Bosses Signal Tepid Support for Reeves’ High-Tax Budget

    Breadcrumb links BMN Business Chancellor of the Exchequer Rachel Reeves’ first budget was greeted with cautious optimism by Britain’s business leaders, although high taxes on wages held them back from full support. Article writer: Bloomberg News Chloe Millie Published on November 1, 2024 • 4 minutes read You can save…

  • El Al pilots, executives raking in huge bonuses

    El Al Israel Airlines Ltd (level:Ellal) He could not have dreamed of better compensation for the damage caused by the Covid pandemic, which almost led to its collapse, than the consequences of the war, which led to record profits over the past year and boosted the company’s market value to…

  • Microsoft, Meta drag tech stocks lower on concerns over AI spending

    Jason Redmond/AFP via Getty Images Stocks fell sharply on Thursday, dragged down by technology. Microsoft and Meta stock fell on renewed concerns about AI spending. Jobless claims fell more than expected while the Fed’s preferred measure of inflation moved closer to 2%. US stocks fell sharply on Thursday, with the…

  • Microsoft, Meta drag tech stocks lower on concerns over AI spending

    Jason Redmond/AFP via Getty Images Stocks fell sharply on Thursday, dragged down by technology. Microsoft and Meta stock fell on renewed concerns about AI spending. Jobless claims fell more than expected while the Fed’s preferred measure of inflation moved closer to 2%. US stocks fell sharply on Thursday, with the…

  • OpenAI brings search features to ChatGPT in challenge to Google

    OpenAI is adding a new set of search features to its flagship product ChatGPT, further challenging Alphabet Inc’s AI startup. The option, called ChatGPT Search, will allow chatbot users to search for timely information like they do on the web and get responses with direct attribution to news publishers and…

  • OpenAI brings search features to ChatGPT in challenge to Google

    OpenAI is adding a new set of search features to its flagship product ChatGPT, further challenging Alphabet Inc’s AI startup. The option, called ChatGPT Search, will allow chatbot users to search for timely information like they do on the web and get responses with direct attribution to news publishers and…

  • Widow’s illegal ‘takeover’ of giant laundry firm blocked

    The High Court has barred a widow from taking over the management of a family-owned laundry business worth Sh70 million in Nairobi. Justice Freda Mugambi said Kiran Harilal Rajput illegally declared herself a director of Capitol Laundry Limited after the death of her husband Harilal Durga Das Rajput and his…

  • Keep Faith In Gary O’Neill Despite Winless Start

    The Premier League side are keeping their faith in coach Gary O’Neill despite his side’s winless start to the season and the fact they sit at the bottom of the table with just one point. The club parted ways with set-piece coach, Jack Wilson, after the club conceded set-pieces in…

  • Keep Faith In Gary O’Neill Despite Winless Start

    The Premier League side are keeping their faith in coach Gary O’Neill despite his side’s winless start to the season and the fact they sit at the bottom of the table with just one point. The club parted ways with set-piece coach, Jack Wilson, after the club conceded set-pieces in…

  • Northfield Capital Invests in Hemlo Explorers

    Article content TORONTO, Oct. 31, 2024 (GLOBE NEWSWIRE) — Northfield Capital Corporation (TSX-V: NFD.A) (“a company“) is pleased to announce its participation in the private placement (“an offer“”) from Hemlo Explorers Inc. (“Humlo“) which closed today. Northfield is a Hemlo insider, owning more than 10% of the issued and outstanding…

  • Northfield Capital Invests in Hemlo Explorers

    Article content TORONTO, Oct. 31, 2024 (GLOBE NEWSWIRE) — Northfield Capital Corporation (TSX-V: NFD.A) (“a company“) is pleased to announce its participation in the private placement (“an offer“”) from Hemlo Explorers Inc. (“Humlo“) which closed today. Northfield is a Hemlo insider, owning more than 10% of the issued and outstanding…

  • Gov’t appoints Sharon Kedmi CEO of Israel Airports Authority

    The authority has been without a permanent CEO for more than eighteen months, during the most testing period in Israeli aviation history. Today, the government approved the recommendation of Transportation Minister Miri Regev to appoint Sharon Kedmi as CEO of the Israel Airports Authority. Kedmi was selected for the position…

  • Apple sales grew 6% over the last quarter with a rebound in iPhone demand 

    Apple’s revenue rose 6% in its fiscal fourth quarter, as iPhone sales rebounded and the company reported growth in all of its business units except the wearables category. Apple reported Thursday that total sales in the three months ended Sept. 28 rose year-over-year to $94.9 billion, slightly above Wall Street…

  • Unlocking the NSE options potential with education

    The move by the Nairobi Securities Exchange (NSE) to introduce options is great timing for a number of reasons. First, financial derivatives are the only financial market sector currently enjoying tremendous growth. As at the end of last year, the number of derivatives contracts traded on the exchange (including options…