bite

By Christoph Steitz FRANKFURT (Reuters) - Thyssenkrupp swung to a net loss in the third quarter on higher-than-expected costs for legacy projects in its plant engineering business, the company said on Wednesday, adding that it had also…

This is one of the most unusual periods the markets have ever seen. It’s hard to pinpoint what’s happening, but consider the following:The Russell 2000 rose 12% in five days. According to John Authers, this move in the past 30 years has…

At the Kenya Meat Expo and Conference held last week, the sweet smell of grilled meat whetted the appetites of many. But in the meat-filled environment lurks a stranger, Paaraj Sehra. While many exhibitors displayed meat products and…

After losing twice in the protracted 'huge marshmallow' tax case, HMRC has announced its intention to lodge another appeal.Last month, the High Tax Court upheld a lower court ruling that “jumbo marshmallows” sold by…

Failure to issue licenses to private coffee mills, which has led to delays in the milling of coffee, is one of the key issues that have split coffee sector players amid a raft of reforms being pushed by Deputy President (DP)Rigathi…

Market News Private household loans in rare drop as high interest rates bite Friday March 01 2024 Outstanding banking sector loans to private households dropped by Sh13.7 billion in December last year. PHOTO | SHUTTERSTOCK…

© Reuters. A man walks past an electric monitor displaying the Japanese yen exchange rate against the U.S. dollar and other foreign currencies in Tokyo, Japan June 30, 2023. REUTERS/Issei Kato/File Photo By Jamie McGeever ORLANDO,…

The UK economy is on course to shrink between July and September and could tip into recession, a closely-watched survey suggests. The S&P Global/CIPS UK Purchasing Managers’ Index (PMI) found that rising interest rates and weaker…

A study found that retail sales volumes have declined this month compared to the same period last year, while employment levels have fallen sharply. Volumes fell to -10 percent in the sentiment survey published by the CBI, which…

Natwest beat earnings expectations for the first three months of this year. NatWest Group, which includes the Royal Bank of Scotland and Ulster Bank, reported a pre-tax profit of £1.8 billion in the three months to March 31. The total…