Category: News
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AGM or EGM? Inside the big fight at Nairobi Hospital
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First, there was a call for an annual general meeting of members of the Kenya Hospitals Association (KHA), which runs Nairobi Hospital. This was soon followed by a court order and a request for an extraordinary general meeting. An annual general meeting is an annual meeting held by companies to…
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Next warns of potential store closures following £30m equal pay ruling
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Next has warned it may have to close its stores after losing a major legal battle over equal pay, which could cost the company more than £30m. The FTSE 100 clothing and homeware chain said in its half-yearly report that the ruling could impact the profitability of individual stores. Last…
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Ukraine Hits Arms Sites in Russia, Warns of New Nuclear Threats
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Breadcrumbs Path Links PMN Business Ukraine’s armed forces confirmed overnight attacks on major Russian ammunition depots, while its newly appointed foreign minister warned of possible Russian targeting of nuclear power sites. Article author: Bloomberg News Bloomberg News Published on September 21, 2024 • Read for 2 minutes You can save…
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Fearing reprisals European airlines cancel Israel flights
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French national airline Air France has announced the cancellation of its flights to Israel until September 20, after initially announcing the cancellation of flights to Tel Aviv until September 19 following the explosions of communication devices in Lebanon. The Lufthansa Group, including Austrian Airlines, Swiss, Brussels Airlines and Eurowings, has…
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Trump to visit North Carolina as scandal swirls around Republican ally By Reuters
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By James Oliphant (Reuters) – Republican presidential nominee Donald Trump’s campaign said his party’s candidate for governor of North Carolina, who faces a tough race, will not join him when he visits the key electoral state on Saturday. Trump had previously endorsed Mark Robinson, the subject of an explosive CNN…
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After Its Reverse Stock Split, Is SiriusXM Satellite Radio a Buy?
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Sirius XM Holdings (NASDAQ: Siri) It was launched nearly a generation ago with big plans to change the media. Fast forward to 2024, and it seems that these plans have failed to achieve their goals. Internet-based alternatives such as Spotify SiriusXM outperforms SiriusXM in audience size and market cap, and…
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Baltimore bridge collapse: FBI boards Synergy Marine ship
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Federal agents boarded a ship operated by the same company that operated a cargo ship that caused the Deadly Baltimore Bridge CollapseThe FBI has confirmed this. In statements Saturday, spokesmen for the FBI and the U.S. Attorney’s Office in Maryland confirmed that authorities had boarded the Maersk Saltoro. The ship…
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Help! I have a Sh50,000 job, don’t pay rent and have nothing to show for it
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I haven’t paid rent since August 2021, and I haven’t received any payments. I live alone in my sister’s house. Job opportunities are scarce and sometimes I go more than two months without work. In March, I got a short-term contract with a salary of 35,000 shillings. I worked for…
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Consumer confidence plummets as Labour warned over recession fears
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Consumer confidence has fallen sharply amid growing concerns that Labour’s rhetoric is fuelling economic concerns, raising the prospect of a slowdown in Britain. GfK’s latest consumer confidence index fell seven points to -20 in September, with households increasingly worried about their personal finances and the general economic outlook. The survey…
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Trafigura’s New Boss Is Ex-Soldier Who Says Profit Comes First
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Breadcrumbs Path Links PMN Business Richard Holtom is set to become the third CEO in Trafgura’s history. Article author: Bloomberg News Jack Farchie, Archie Hunter and Alfred Kang Published on September 21, 2024 • Read for 6 minutes You can save this article by registering for free here. Or log…
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Trafigura’s New Boss Is Ex-Soldier Who Says Profit Comes First
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Breadcrumbs Path Links PMN Business Richard Holtom is set to become the third CEO in Trafgura’s history. Article author: Bloomberg News Jack Farchie, Archie Hunter and Alfred Kang Published on September 21, 2024 • Read for 6 minutes You can save this article by registering for free here. Or log…
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US rate cuts won’t necessarily strengthen shekel
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On the eve of the first rate cut by the US Federal Reserve since 2020 and since it began raising interest rates sharply two years ago, the gap between the interest rates on the US dollar and the shekel was 1% higher in favor of the dollar. The aggressive 0.5%…
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Exclusive-Iran withheld launchers for missiles sent to Russia, sources say By Reuters
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By Jonathan Landy, Phil Stewart, and Anthony Deutsch WASHINGTON (Reuters) – Iran has not installed mobile launchers with the short-range ballistic missiles that Washington accused Tehran last week of supplying to Russia for use against Ukraine, three sources familiar with the matter said. The sources — a European diplomat, a…
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This Will Be Nio’s Next Big Move
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It may be hard for investors to get excited about a company that lost nearly $1.5 billion in operating income in the first half of this year. In fact, the Chinese electric carmaker announced New (NYSE:NIO) He made no profit at all. That helps explain why the stock has lost…
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How McDonald’s has kept Europeans hooked to its fast-food
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Everyone has a key memory of McDonald’s. It could be a birthday party, your first Happy Meal, or just a late night of enjoying fried food after eating too many. On the surface, McDonald’s is the most American institution. It serves burgers and huge portions of fried food – both…
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Hanging baskets, showy flowers and succulents: Arti Doshi’s secret to a perfect garden
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When Arti Doshi is not busy arranging her flowers, she is busy arranging her flowers. The scent of flowers is what she breathes in all day long, from morning to night. She prefers to spend more time in the garden than at home. “I love waking up every morning and…
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Hanging baskets, showy flowers and succulents: Arti Doshi’s secret to a perfect garden
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When Arti Doshi is not busy arranging her flowers, she is busy arranging her flowers. The scent of flowers is what she breathes in all day long, from morning to night. She prefers to spend more time in the garden than at home. “I love waking up every morning and…
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Wales considers 25% income tax cut to tackle rural depopulation and ‘brain drain’
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The Welsh government is considering introducing tax cuts to stem the tide of people leaving the country, especially from rural areas, and to preserve the Welsh language. Inspired by Spain’s Castilla-La Mancha, where rural residents are offered a 25% income tax cut, the Welsh-speaking Communities Commission has recommended a similar…
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Wales considers 25% income tax cut to tackle rural depopulation and ‘brain drain’
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The Welsh government is considering introducing tax cuts to stem the tide of people leaving the country, especially from rural areas, and to preserve the Welsh language. Inspired by Spain’s Castilla-La Mancha, where rural residents are offered a 25% income tax cut, the Welsh-speaking Communities Commission has recommended a similar…
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The Geniuses Who Invented the World’s Best Poker Bots
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Breadcrumb Trail Links PMN Business Computers have outplayed humans in chess and Go for decades. But poker was long considered unhackable — until Russian bots took over the game. Author of the article: Bloomberg News David Fox and Jessica Beck Published Sep 20, 2024 • 12 minute read You can…