Category: News
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Chanel CEO Leena Nair traveled across India for her MBA
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When Leena Nair accepted the role of global CEO of luxury giant Chanel in 2022, she had worked at Unilever for three decades and had risen to the role of head of human resources. But the journey to get there started by train. In a The last interview At Stanford…
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KRA to track motorists fuel use with eTIMS link
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The Kenya Revenue Authority (KRA) is linking its Electronic Tax Invoice Management System (eTIMS) to fuel stations to eliminate tax fraud and increase revenues by billions of shillings by monitoring motorists’ diesel and petrol consumption. This means that every purchase of petroleum products from a filling station from June will…
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KRA to track motorists fuel use with eTIMS link
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The Kenya Revenue Authority (KRA) is linking its Electronic Tax Invoice Management System (eTIMS) to fuel stations to eliminate tax fraud and increase revenues by billions of shillings by monitoring motorists’ diesel and petrol consumption. This means that every purchase of petroleum products from a filling station from June will…
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Rachel Reeves to introduce new debt rule, unlocking £50bn for UK investment
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Chancellor Rachel Reeves has announced a major shift in the UK’s fiscal policy framework, confirming plans to introduce a new rule for “investment” debt in next week’s Budget. This change is expected to free up more than £50 billion of borrowing capacity, allocated for long-term capital investment projects, while maintaining…
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After 20 years at the top of chess, Magnus Carlsen is making his next move
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Breadcrumb links PMN BMN Business Article writer: Associated Press Mark Lewis Posted on October 25, 2024 • 4 minutes read You can save this article by registering for free here. Or log in if you have an account. Article content STAVANGER, Norway (AP) — Few chess players relish Magnus Carlsen’s…
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After 20 years at the top of chess, Magnus Carlsen is making his next move
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Breadcrumb links PMN BMN Business Article writer: Associated Press Mark Lewis Posted on October 25, 2024 • 4 minutes read You can save this article by registering for free here. Or log in if you have an account. Article content STAVANGER, Norway (AP) — Few chess players relish Magnus Carlsen’s…
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Mercedes car earnings plunge as China shuns luxury
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Written by Andrei Sychev (Reuters) – German luxury automaker Mercedes-Benz said on Friday that third-quarter profits at its core auto division fell 64%, significantly below analyst estimates, as Chinese consumers continued to cut back on purchases of luxury goods in a weak economy. “The third-quarter results do not meet our…
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Are tech billionaires hijacking our future? This Nobel laureate warns of Big Tech’s stranglehold on AI and democracy
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Should our future be decided by the CEOs of Big Tech? For Nobel laureate in economics Simon Johnson, giving too much power to a handful of billionaires would come at the expense of the public interest. The British-American economist who teaches at the Massachusetts Institute of Technology also stressed that…
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Mike Ashley demands to take charge at Boohoo amid leadership crisis
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Retail tycoon Mike Ashley’s Frasers Group has called for him to be appointed as the new chief executive of Boohoo, where Frasers has a 27% stake, following concerns about a “leadership crisis” at the fast fashion retailer. In an open letter, Fraser urged Boohoo to replace current CEO John Little,…
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Mike Ashley demands to take charge at Boohoo amid leadership crisis
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Retail tycoon Mike Ashley’s Frasers Group has called for him to be appointed as the new chief executive of Boohoo, where Frasers has a 27% stake, following concerns about a “leadership crisis” at the fast fashion retailer. In an open letter, Fraser urged Boohoo to replace current CEO John Little,…
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China Stimulus Sets Tone for Major Banks, HSBC Is All About Overhaul
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Breadcrumb links BMN Business China’s recent stimulus measures to revive the economy will set the tone for third-quarter earnings from major Chinese lenders including Industrial and Commercial Bank of China Limited, China Construction Bank, Agricultural Bank of China Limited and Bank of China Limited. Article writer: Bloomberg News Rachel Yu,…
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Prospects of a Trump win and huge tariffs spark worst sell-off for emerging market stocks in 10 months
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Trump announced that “there will be no third debate” in a post on Thursday.Chip Somodevilla/Getty Images Emerging market stocks are headed for their worst monthly decline since January. This recession comes as Trump’s chances of winning the upcoming US elections increase. Trump pledged to significantly raise tariffs on imports to…
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Lab-grown diamonds: Popular with Gen Z, millennials but not sustainable
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The muted sounds of hammering and sanding drift into the first floor of Bario Neal, a jewelry store in Philadelphia, where rustic artworks that mimic nature hang on the warmly lit walls. Haley Farlow, a 28-year-old second-grade teacher, is waiting to design her three-stone engagement ring with her boyfriend. They…
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Lab-grown diamonds: Popular with Gen Z, millennials but not sustainable
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The muted sounds of hammering and sanding drift into the first floor of Bario Neal, a jewelry store in Philadelphia, where rustic artworks that mimic nature hang on the warmly lit walls. Haley Farlow, a 28-year-old second-grade teacher, is waiting to design her three-stone engagement ring with her boyfriend. They…
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Denis Ntara: The CEO who lives a life without a destination
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Denis Ntara, the country director of Saraya Kenya—a Japanese manufacturer of health and hygiene products—got his big break at Procter & Gamble in Takasaki, Japan as a national technical project manager before listening to the voices in the wind, moving back to Africa as business development manager, and later crossing…
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Denis Ntara: The CEO who lives a life without a destination
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Denis Ntara, the country director of Saraya Kenya—a Japanese manufacturer of health and hygiene products—got his big break at Procter & Gamble in Takasaki, Japan as a national technical project manager before listening to the voices in the wind, moving back to Africa as business development manager, and later crossing…
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Entrepreneurs petition chancellor to maintain business tax relief
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More than 1,500 UK business and business leaders have signed a letter to Chancellor Rachel Reeves, urging her to reconsider proposed changes to corporate asset disposal relief (formerly known as Entrepreneur Relief), ahead of the Budget on October 30. the first. The letter warns that modifying or removing the relief…
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PEL 83 Second Exploration Campaign Commencement of Operations – Spud of Mopane 1-A Well
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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 October 24, 2024 • 3 minutes…