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KCB Group now corrects NSSF shareholding
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The KCB Group is now correcting the NSSF ownership
Tuesday 09 May 2023
Kenya Commercial Bank Kipande Branch in Nairobi. file image | Denis Onsongo | NMG
KCB corrected its shareholding structure and canceled previous…
More women accuse past CBI president John Allan of behaving badly
The former head of the CBI and current boss of Tesco faces further allegations of inappropriate and unprofessional behaviour.
John Allan, a veteran city figure and chairman of Barratt Developments, the homebuilder, allegedly touched…
Israeli ecommerce financing partner 8fig raises $140m
Israeli e-commerce financing partner 8 fig Completed US$140 million series debt and equity financing round. Founded three years ago, 8fig was one of the first companies to develop an automation-based platform for…
Alphabet Climbs 1.6% By Investing.com
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Nikola to pause truck production after posting bigger quarterly loss
(Reuters) - Nikola Corp. reported a larger quarterly loss on Tuesday and said it would pause production to streamline an assembly line at its College, Arizona, plant amid slowing demand for its battery-powered trucks.Investors focused on…
UBS expects to close Credit Suisse deal in few weeks, unveils new model (NYSE:UBS)
Arend Wegman UPS group (New York Stock Exchange: UBS), and plans to close its acquisition of Credit Suisse (New York Stock Exchange: CS) in the next few weeks, it unveiled on Tuesday its new operating model in which UBS and Credit…
Imran Khan arrested by Pakistan anti-corruption force
The country's anti-corruption force has arrested former Pakistani Prime Minister Imran Khan outside a court in Islamabad where he was due to face corruption charges.“Mr. Khan is now being held to face allegations of corruption,” a…
Goldman Sachs lawsuit: $215 million settlement with 2,800 female associates and vice-presidents
Goldman Sachs Group Inc. agreed. has agreed to pay $215 million to end a long-running class-action lawsuit that accused the Wall Street giant of systematically underpaying women.
The New York-based bank closed the deal with attorneys…
NSE sinks to 10-year low as bank profits, dividends rise
money markets
NSE drops to 10-year low as bank profits and dividend payouts rise
Tuesday 09 May 2023
The Nairobi Stock Exchange on the trading floor of the Stock Exchange Building in Nairobi. file image | NMG
Share prices…
Construction begins at Sutherland, the UK mainland’s first vertical launch spaceport
Orbex has announced that construction has begun on the Sutherland Spaceport (formerly Space Hub Sutherland) in Scotland, making this the first vertical spaceport to be built on the UK mainland.
Located on the northern coast of…
