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December 12, 2019
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Saudi Aramco’s $25.6 billion IPO is the biggest in history

Saudi Aramco sold 3 billion shares at 32 riyals ($8.53) each in its IPO, the company said Thursday. That means the deal raised more than China's Alibaba (BABA) in its...

PG&E reaches $13.5 billion settlement with California wildfire victims – National

Pacific Gas and Electric announced Friday it has reached a tentative $13.5 billion settlement resolving all major claims related to the deadly, devastating Northern California wildfires of 2017-2018 that were...

My  House is Worth 2 billion – Kenzo

Musician Eddy Kenzo vowed never to go back to his house in Seguku. He claimed he didn't want to relive his momeries with ex girlfriend Rema Namakula.And it was reported...

FIFA’s Infantino eyes African league, billion dollar spend on stadia

By AFP AgencyMore by this Author "We have to take the 20 best African clubs and put them in an Africa league," Infantino said during a visit to the DR Congo...

1.5 billion ‘bags for life’ add to growing plastic waste in the UK

Retailers were responsible for more than 900,000 tons of plastic waste in 2018, according to a joint report from the Environmental Investigation Agency (EIA) and Greenpeace released Thursday.Seven of the...

LVMH-Tiffany acquisition: Luxury deal will be worth $16.2 billion

The two companies announced Monday that LVMH will buy the Manhattan jeweler, famous for its little blue boxes and Fifth Avenue flagship store. The French luxury group will pay $135...

EBay to sell online ticket seller StubHub for more than US$4 billion – National

EBay Inc will sell ticketing unit StubHub to ticket reseller Viagogo Ltd for US$4.05 billion (or almost CAD$5.4 billion) in cash, the companies said on Monday, nearly a year after the...

City Hall off Q1 revenue target by Sh1.7 billion

Economy City Hall off Q1 revenue target by Sh1.7 billion Sunday, November 24, 2019 22:00 By JOHN MUTUA The City Hall in Nairobi. FILE PHOTO | NMG  City Hall collected Sh1.49 billion in three months...

Salary Drama hits MUBS as Staff head to Court over Shillings 57.5 Billion Arrears

Makerere University Business School (MUBS) management has up to 15 days to pay salary arrears of at least 203 academic staff or face the law.Through their lawyers Kesiime and Company...

Alibaba Hong Kong shares set to bring in $12.9 billion in secondary listing

China's largest e-commerce company said it was issuing the new shares at 176 Hong Kong dollars ($22.50) each. That's equivalent to a discount of about 3% to Alibaba (BABA)'s closing...

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