Category: News
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Mzungu Kichaa: Tanzanian nurtured Danish artiste brings an upbeat twist to Bongo Flavour in new album
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Espen Sorensen’s story is probably like any child growing up in an African village. Born in Denmark in 1980, he moved with his parents, who worked for an international development agency, to a small village in southern Zambia when he was just six years old. “It was during the economic…
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Mzungu Kichaa: Tanzanian nurtured Danish artiste brings an upbeat twist to Bongo Flavour in new album
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Espen Sorensen’s story is probably like any child growing up in an African village. Born in Denmark in 1980, he moved with his parents, who worked for an international development agency, to a small village in southern Zambia when he was just six years old. “It was during the economic…
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UK and Spain emerge as top investment destinations in Europe
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The UK and Spain have been identified as the most attractive places to invest in Europe, according to a recent Bank of America survey. The survey, which surveyed 242 fund managers overseeing a combined $632 billion in assets, was conducted from July 5 to 11 and highlights a marked shift…
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Nexus Industrial REIT Announces Second Quarter Results Date, and July and August Distributions
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Article Content TORONTO, July 18, 2024 (GLOBE NEWSWIRE) — Nexus Industrial Real Estate Investment Trust (“Nexus” or the “Real Estate Trust”) (TSX: NXR.UN) today announced that it intends to release its financial results for the quarter ended June 30, 2024, prior to the opening of the Toronto Stock Exchange on…
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Startup Nation Central warns on cybersecurity overdependence
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Startup Nation Central’s H1 2024 report found that while Israeli M&A reached $4.1 billion, the highest number since 2018 and up 70% from H2 2023, the number of actual deals was low, reflecting large acquisitions of cybersecurity companies. In nine deals, Israeli cybersecurity companies were acquired for $1.5 billion, accounting…
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Lou Dobbs, former Fox Business and CNN host, dead at 78 By Reuters
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(The day in the first paragraph is fixed as Thursday instead of Friday) By Kanishka Singh Lou Dobbs, a former Fox Business Network and CNN host who was a vocal supporter of former Republican President Donald Trump, has died at the age of 78, according to friends and a statement…
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Lou Dobbs, former Fox Business and CNN host, dead at 78 By Reuters
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(The day in the first paragraph is fixed as Thursday instead of Friday) By Kanishka Singh Lou Dobbs, a former Fox Business Network and CNN host who was a vocal supporter of former Republican President Donald Trump, has died at the age of 78, according to friends and a statement…
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Netflix adds 8 million subscribers, disappoints on revenue outlook
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Netflix (NFLX) reported second-quarter earnings on Thursday, initially sending the stock down 6% in after-hours trading after the streaming giant’s revenue forecast fell short of Wall Street’s expectations for the current quarter. But shares rebounded during the earnings call as investors digested another subscriber gain of more than 8 million…
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Glass Lewis endorses sale of Vista Outdoor’s ammunition business to CSG (VSTO)
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Agency consulting firm Glass Lewis recommends Vista Outdoor (NYSE: VSTOShareholders voted in favor of selling Kinetic Group to Czechoslovak Group, or CSG, as “the best option to maximize shareholder value.” CSG recently raised its offer for Ammunition Works at Vista Outdoor (vsto) to $2.1 billion, or $21 per share in…
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Rent is dropping, but renters still pay $300 more per month than before the pandemic
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For years, the feeling has been that rents are out of control. And that’s partly true, as median rents today are 21% higher than they were in 2019. But rents have started to decline slightly. Asking rents fell just 0.4% year-over-year in June, but before you get too excited, the…
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CBK fines 12 banks for breach of lending, investment rules
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Kenya’s central bank fined 12 commercial banks last year for breaching rules on lending, capital adequacy and investment, new disclosures show. While the Central Bank did not disclose the affected institutions and the size of the fines, it said that “the Central Bank took appropriate corrective measures regarding the concerned…
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Getting To Know You – Jack Oddy, MD, Soap Media
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Founded in 2005, Soap Media is a full-service digital agency dedicated to helping clients across industries achieve their online goals, serving as an extension of their in-house teams. By embracing the mission statement “Your Digital Partner”, the agency has seen significant growth, including the promotion of Jack Oddy to Managing…
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Cellebrite enables FBI to access data from Trump shooter’s phone
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Israeli company Celebrate CLBT (NASDAQ: CLBT), which provides digital investigations solutions to law enforcement agencies, has provided its technology to the FBI in its investigation into Thomas Matthew Crooks, who was shot and killed while trying to assassinate presidential candidate Donald Trump at a rally in Pennsylvania last weekend, The…
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Nasdaq digs out of tech rout as TSMC shines
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Technology stocks were poised for a small rebound on Thursday from the Nasdaq’s worst day since 2022, as positive results from TSMC (TSM) helped ease concerns about the AI trade ahead of Netflix (NFLX) earnings. The tech-heavy Nasdaq Composite (^IXIC) rose about 0.7%, while the S&P 500 (^GSPC) gained about…
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Ford ramping up production of popular F-Series Super Duty truck to Canada (F)
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To meet demand for the most popular pickup truck among businesses and consumers, Ford Motor Company (New York Stock Exchange: FFord is expanding production of F-Series Super Duty trucks to its Oakville, Ontario, Canada assembly plant with a $2.3 billion investment. The Canadian facility will increase Total production of the…
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Offshore wind’s bumpy road shown by turbine collapse off Nantucket
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Three events on Wednesday highlighted the uneven progress of the offshore wind industry in the Northeast, including the start of a major project in New York, research aimed at preventing environmental damage in New Jersey, and the temporary closure of a wind farm in Massachusetts after broken turbine blades washed…
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Supermarkets, warehouses beat homes in rental returns
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Commercial property developers are outperforming their counterparts in the primary residential sector in terms of cash rental returns, helped by growing demand for storage facilities and retail space. An analysis by property firm Knight Frank of rental yields across different market sectors showed that retail and industrial developers enjoyed returns…
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James Constantinou CEO and Founder Posh Pawn Brokers
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A famous name, like any businessman, James had to start somewhere. James Constantino is an entrepreneur, CEO and founder of Prestige Pawnbrokers, You may have seen James on his TV show ‘Posh Pawn’, we go behind the scenes to talk to the man who has built a multi-million pound empire…
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European Commission President Ursula von der Leyen faces vote on her bid for second 5-year term
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Breadcrumbs Path Links BMW PMN Business Article author: Associated Press Mike Corder and Jean-Francois Badia Published on July 18, 2024 • Read for 3 minutes You can save this article by registering for free here. Or log in if you have an account. Article Content STRASBOURG, France (AFP) – Ursula…