Kenyan Gro Intelligence is on TIME's 2021 List of World's Top 100 firms
Kenyan Gro Intelligence, a data analytics company, has made it to TIME's 2021 list of the 100 Most Influential Companies in the world. Gro Intelligence is listed under Innovators alongside [...]
StanChart Bank Plc to cut down its Global Branch Network, Staff
Stanchart Plc, based in the UK, has announced plans to downsize its global staff numbers to around 400 to cut long-term costs. This is after the British bank reported a [...]Global Markets; US Stocks Close Lower Amid Earnings Report
US Stock Markets The US stock markets closed lower on Wednesday's session after the Federal reserve unanimously decided to leave interest rates near zero. The Federal Open Market Committee (FOMC), [...]
Kenya, US Seek to Strengthen Relations
President Uhuru Kenyatta yesterday held talks with Antony Blinken, the US Secretary of State who advises the US President on foreign policy matters. It is the first meeting with select [...]
Google's Parent Company, Alphabet, Posts $17.9 Billion Net Profit in Q1 2021
Google's parent company, Alphabet's Q1 2021 profit jumped by 162% to reach$17.9 billion, or $26.29 per share, beating estimates of $15.88 per share and topping its previous high of $15.2 [...]
US Markets; Tesla Earnings, Amazon Stock Split, Apple's $430B investment
US Markets The US stock markets closed slightly higher on Monday as major companies continued to release their quarterly financial results. The Dow Jones fell at close by 0.18% while [...]Edna Otieno Appointed Diageo’s Human Resource Director WEF 1st July
Edna Otieno has been appointed asDiageo'sHuman Resource Director in Great Britain, with effect from 1st July 2021. She becomes the first Kenyan to take up that role. Prior to her [...]Global Markets Major Highlights
Stocks in the US stock markets continued to trade lower on Tuesday amid earnings reports released by major blue-chip companies such as Coca Cola, Netflix, IBM, United Airlinesamong others. Investors [...]Mastercard buys Online identity Verification Startup Ekata for US$ 850 Million
Mastercard has strengthened its online identity management capability by acquiring Ekata, an identity verification firm, for US$850 Million. This move has been prompted by rapid digital transformation happening in online [...]UK Eyes Central Bank Digital Currency
The UK is considering creating a digital currency backed by the country's Central Bank. On Monday, the Bank of England and the Treasury announced a team of experts who will [...]Delta Airlines Posts $1.18 Billion Net Loss in Q1 2021
Delta Airlines posted a net loss of $1.18 billion in the first quarter of 2021 (January to March). Its revenues dropped 60% to hit $4.15 billion, compared with the $10.47 [...]Global Markets; Coinbase Grab Listing, ByteDance IPO, JJ Vaccine Halt
Coinbase Listing Bitcoin extended its rally on Wednesday, reaching a new record price of more than $64,000 even as Coinbase listed its shares on the Nasdaq Stock Exchange trading under the [...]
