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Conservatives face steep losses in UK local elections
Rishi Sunak's Conservatives on Friday faced heavy losses in UK local elections as voters in many parts of England turned against the party after a turbulent year.The Prime Minister awoke to news that his party was on the verge of…
U.S. to limit foreign ownership of land near military sites
Foreign citizens and companies will need US government approval to buy property within 100 miles (160 kilometers) of eight military bases, under a proposed rule change that follows a Chinese company's attempt to build a factory near an air…
How new taxes will hit fuel, M-Pesa charges and salaries
Economy
How will the new taxes affect fuel, M-Pesa fees, and salaries
Friday 05 May 2023
Graphic | GENNEVIEVE AWINO | NMG
The Treasury is targeting high-earners, M-Pesa transactions and fuel consumers to collect an extra…
Seabed power grid to link North Sea wind turbines
A massive electricity grid is being planned for the seabed in the central North Sea as part of a £20 billion project to power oil and gas platforms with green electricity.
Cerulean Winds has won the rights to develop projects aimed at…
Global gold demand fell in the first quarter of 2023, WGC says
breadcrumb links PMN Business Article author: Posted May 05, 2023 • 2 minutes to read Article content LONDON - Global demand for gold fell in the first three From 2023 where the big purchases were by…
Israeli tourism struggling to return to pre-Covid levels
1.35 million foreign visitors entered Israel in the first four months of 2023, according to the Central Bureau of Statistics. This compares with the 528,600 visitors in the corresponding period of 2022, when Covid…
7-Eleven spin-off would jeopardise growth, CEO says, pushing back at ValueAct By Reuters
© Reuters. FILE PHOTO: Incoming Chairman of Seven & i Holdings Co., Ryuichi Isaka poses for a photograph next to the company's logo and a map of Japan at the company's headquarters in Tokyo, Japan, May 5, 2016. REUTERS/Issei…
Dow Jones Futures Rise As Apple Earnings Top, DraftKings Soars; PacWest Slams Market Again
Dow futures rose slightly overnight, along with S&P 500 futures and Nasdaq futures. apple (AAPL) Top earnings, as Friday's jobs report approaches.
X
The stock market rally faces further selling as fears of bank contagion mount.…
Hot Stocks: FHN plunges on broken merger deal; PARA drops on earnings; ITRI, SHOP climb
US stocks fell again on Thursday, weighed down by concerns about the regional banking space. The S&P 500 fell 0.7%, posting losses for the fourth straight day. Renewed problems in the banking sector included a massive drop in stocks…
Apple’s iPhone sales rebound after holiday challenges
Apple iPhone shipments rebounded from supply chain disruptions in the holiday period, though revenue continued to decline year-over-year for the second consecutive quarter due to what it called a "tougher" economic environment and…