Chinese President Xi Jinping is unlikely to attend the US presidential inauguration in January despite an invitation from Donald Trump, according to two people familiar with the planning. China’s ambassador to the US is expected to attend and other officials from Beijing may also join him, the sources told the BBC’s US partner CBS News. […]
Consulting firm McKinsey has agreed to pay $650m (£515m) to settle criminal charges related to its role in the US opioid crisis. The company “knowingly and intentionally” conspired with pharmaceutical firm Purdue Pharma to “aid and abet the misbranding of prescription drugs… without valid prescriptions”, according to the US Department of Justice. McKinsey faced charges […]
A Florida woman was charged for threatening a US health insurance company by repeating words similar to those used by the alleged UnitedHealthcare CEO killer. Briana Boston, 42, is accused of saying “Delay, deny, depose, you people are next” while speaking on a recorded line with a Blue Cross Blue Shield representative about a denied […]
Travis Kelce’s dad has revealed he’s not splashing out on Taylor Swift’s birthday present, explaining that spending $10 (£8) on a personal gift is better than trying to impress her with something expensive. The US pop star, who turned 35 on Friday, has been dating NFL player Travis since last summer. His dad Ed Kelce […]
The circus that has been revolving around the Jeevanjee Affordable Housing project in Nairobi took a new twist with the National Bank, which has financed the project, now warning that it will auction the houses if the Sh1.9 billion loan is not settled. While appearing before Nairobi County Assembly committee, Managing Director George Odhiambo warned […]
Tullow Oil plc (Tullow) Thursday announced that Rahul Dhir will step down as Chief Executive Officer and resign from the Board during 2025 to pursue other business, academic and family interests. The board has initiated a process to find his successor. Dhir will stay in his role until a date to be determined to ensure […]
Bitcoin soared to an all-time high of $100,000 on Wednesday following President-elect Donald Trump’s announcement of key administration picks, including Paul Atkins, a known cryptocurrency advocate, as the next head of the Securities and Exchange Commission (SEC). This marks a pivotal moment for the cryptocurrency market, as Atkins is expected to adopt a more lenient […]
Chi-Chi’s, the iconic Mexican restaurant chain that shut its doors two decades ago, is preparing for a revival. Hormel Foods, the owner of the Chi-Chi’s trademark, announced plans to bring back the brand under Michael McDermott, the son of the chain’s co-founder. The relaunch is slated for 2025, though details about locations, menu offerings, and […]
AMSONS Group, the Tanzanian business conglomerate, has received approval from the Ministry of Mining, Blue Economy and Maritime Affairs for its proposed acquisition of up to 100% shares of Bamburi Cement Plc. This approval follows the prior unconditional clearance from the COMESA Competition Commission. These regulatory approvals highlight Amsons Group’s adherence to statutory and regional […]
In today’s fast-paced business world, managing product information can be a daunting task. Companies must ensure their product content is both accurate and engaging. This is where a product content system comes into play. It’s a hub that helps businesses organize their product info. It makes it easier to update and share it with customers. […]
Efficient business management is pivoted on leveraging the right arsenal of tools and resources. In an accelerating digital landscape, businesses are constantly seeking innovative solutions to streamline their processes for seamless operations. The right mix of digital tools, communication systems, financial management resources, and productivity software are indispensable. Below, we explore the essential resources every […]
The Nairobi County Government has announced plans to disburse over Sh4 billion to micro and small enterprises (MSEs) over the next five years through its Biashara Stimulus Programme. As part of the initiative, a Sh50 million ward-based credit facility will be introduced to support budding entrepreneurs and established businesses. The County Cabinet Tuesday together with […]
