Category: News
-
CrowdStrike outage: Worst IT failure ever hit less than 1% of all Windows devices
•
A flawed software update from cybersecurity firm CrowdStrike Holdings Inc. has affected 8.5 million devices worldwide that run Microsoft’s Windows operating system. Microsoft Corp. presented the full scope of the worldwide IT outage for the first time in Blog Microsoft said Saturday that the affected devices represented less than 1…
-
CMA fines auditor, company directors over Sh8m for breach of trading rules
•
The Capital Markets Authority has fined several directors of listed companies including the auditor over Sh8 million for breaching trading rules in the financial year ending June 30, 2023, new disclosures have revealed. While the authority did not disclose the companies or individuals affected by the sanctions, it said that…
-
Getting to Know you: Adrian Buttress, MD, PermaGroup
•
Originally a felt roofing manufacturer founded in 1999, PermaGroup has evolved into a significant player in the construction and home projects markets under the PermaGroup umbrella. Today, the company includes brands such as PermaRoof, PermaLawn, PermaFence, PermaRoom and The Skylight Company. Adrian Buttress, who joined the company in 2002, has…
-
Israelis flee Tel Aviv for more affordable housing
•
Moving to Tel Aviv and living in the big city is often a stage in the lives of many young people. As the economic center of Israel, it is clear why Tel Aviv is a magnet for young people from all over the country. However, new data reveals that in…
-
Bangladesh extends curfew ahead of court hearing on controversial job quotas By Reuters
•
Written by Muhammad Bonir Hussein and Sam Jahan DHAKA (Reuters) – Bangladesh extended a curfew on Sunday to control violent student-led protests that have killed at least 114 people as authorities prepared for a Supreme Court hearing later in the day on government job quotas that have sparked anger. Military…
-
A Few Years From Now, You’ll Wish You’d Bought This Undervalued High-Yield Stock
•
Enbridge (NYSE:ENB) It’s not an exciting company, but that’s actually one of the biggest draws here. That’s in addition to a very high dividend yield of around 7.4%. But to appreciate why you’ll be happy to buy this stock in a few years, you need to dig deeper into its…
-
U.S. ranks next to last in development time for new critical minerals mines – S&P
•
Olemedia/E+ via Getty Images The United States has Second longest delivery times in the world There is a need to develop new mines for critical minerals that are vital to the energy transition, S&P Global said this week in a new report that also noted a rise in litigation against…
-
Junk bonds are now in high demand as Wall Street bets on another Trump presidency
•
The credit world’s version of the “Trump trade” is starting to take shape: buy high-yield US bonds and stay away from anything inflation-sensitive. Institutional bond investors around the world have already begun positioning themselves for a potential election win for Donald Trump after the attempted assassination of his father, and…
-
Samuel Leach, founder, Samuel and Co Trading
•
Samuel and Co Trading is an award-winning UK-based education company specialising in providing comprehensive trading education and resources for aspiring traders and investors. Founded by Samuel Leacha renowned trader with over a decade of experience, the company has established itself as a leader in the financial education sector. Samuel and…
-
Trump Fans Yell They Want Biden, Not Harris, as 2024 Opponent
•
Breadcrumbs Path Links PMN Business Donald Trump polled supporters at his Michigan rally on whether they would prefer him to run against President Joe Biden or Vice President Kamala Harris. A large group of voters indicated they wanted the 81-year-old president to be Trump’s opponent. Article author: Bloomberg News Mark…
-
Housing sales in Israel up 37%
•
The Central Bureau of Statistics reports that 22,610 housing transactions were recorded between March and May 2024, an increase of 37% over the same period in 2023 and an increase of 2.7% over the previous three months. An exceptionally high 47.4% of the homes sold were new homes, and 20%…
-
VP Harris hits fundraising trail amid ongoing calls for Biden to leave race By Reuters
•
By Trevor Hunnicutt and Jeff Mason JOINT BASE CAPE COD, Massachusetts/REHOBOTH BEACH, Delaware (Reuters) – U.S. Vice President Kamala Harris will attend a fundraiser in Massachusetts on Saturday as President Joe Biden faces continued pressure from fellow Democrats and major donors to end his struggling campaign. Biden and his top…
-
Why Warren Buffett’s favorite valuation indicator is flashing a warning for stocks
•
Warren BuffettReuters/Rick Wilking The Buffett Indicator suggests that U.S. stocks may be overvalued. This index was coined by Warren Buffett and measures the total market capitalization of the United States relative to GDP. “If it gets close to 200 percent — as it did in 1999 and part of 2000…
-
United Airlines, American Airlines provide updates after global IT outage (NASDAQ:UAL)
•
labsas/iStock Not published via Getty Images United AirlinesNASDAQ: UAL) said on Saturday that most of its technology systems were back up and running a day after a global IT outage, while American Airlines said itNASDAQ:AL) said its operations were fully back to normal. Wrong update from cybersecurity company Crowd Strike…
-
Trump tariffs at 60% would slam China’s economy, UBS says
•
Republican presidential candidate Donald Trump has said he could impose a 60% tariff on Chinese imports if he returns to the White House, and a new analysis predicts that would significantly slow the world’s second-largest economy and push it to the brink of recession. Given the effects of Trump’s tariffs…
-
Finding clarity in your business
•
Every week, when I participate in business clinics, I am asked a wide range of questions by enthusiastic entrepreneurs, such as “Should I get investment?”, “Should I expand into the international market?”, “Should I start hiring employees?”, “Do I need to invest in a CRM system?”, “Should I hire a…
-
Houston Utility Slammed Over Fumbled Response to Beryl Power Outages
•
Breadcrumb Trail Links PMN Business Interviews with nearly a dozen experts along with public filings reveal the challenges facing CenterPoint Energy. Author of the article: Bloomberg News Mark Chediak, Naureen S Malik and Tope Alake Published Jul 20, 2024 • 9 minute read You can save this article by registering for free here.…
-
Treasury can expect tax bonanza from Wiz sale
•
How much of the $23 billion reported by Alphabet (Google’s parent company) to buy Israeli cloud security startup Wiz will the Israeli tax authority take? The low estimate is $2.5 billion, while the high estimate is $3.5 billion. The Israeli tax liability arising from the acquisition lies with Waze’s Israeli…