Investments

Capital Markets Umeme concession payout falls to Sh44bn on investments Monday April 08 2024 Umeme Customers making electricity payments at the Kampala Umeme branch. FILE PHOTO | NMG Uganda-based electricity distributor Umeme…

© Reuters. In a recent transaction, SVF Investments (UK) Ltd, a significant shareholder in Coupang, Inc. (NYSE:CPNG), has sold a substantial portion of its holdings in the company. The sale encompassed a total of 47,321,154 shares…

Boss Talk KBA boss Habil Olaka on investments banks are making as branch activities decline Friday March 08 2024 Habil Olaka, Kenya Bankers Association chief executive officer. Illustration | Joseph Barasa | Nation Media Group…

© Reuters. The Standard Chartered bank logo is seen at their headquarters in London, Britain, July 26, 2022. REUTERS/Peter Nicholls/file photo By Selena Li HONG KONG (Reuters) -Standard Chartered has suspended new investments by its…

© Reuters. FILE PHOTO: 200 reais notes are seen after Brazil's Central Bank issues the new note in Brasilia, Brazil September 2, 2020. REUTERS/Adriano Machado/File Photo By Marcela Ayres BRASILIA (Reuters) - Brazil's government will…

© Reuters Investing.com -- Xpeng (NYSE:) has reportedly announced that it plans to hire 4,000 workers this year and pour millions of dollar worth of research into developing its artificial intelligence capabilities, as the Chinese…

Investors can't get enough of Nvidia (NVDA). Now, the company is spreading that love to other stocks.On Wednesday night, an SEC filing revealed the chipmaking giant held investments in the stocks Arm Holdings (ARM), SoundHound AI (SOUN),…

Wedbush Securities Inc., a diversified independent financial services provider, has appointed Chris Ellis as Vice President of Investments based in its office in Pasadena. Ellis, a Certified Financial Planner, is transitioning from CUSO…

Despite a challenging market and waning trust in centralized crypto entities, Binance Labs disclosed 25 new investments in 2023. In the latest report, Binance Labs primarily focused on decentralized finance (DeFi), Web3…

Amid anticipations surrounding the potential approval of a spot Bitcoin exchange-traded product by the Securities and Exchange Commission (SEC), Chair Gary Gensler's recent cautionary statements have cast a spotlight on the inherent risks…