Category: Business

Business

26
Aug
2024

China’s Largest Crude Oil Refiner Challenged by Weaker Economy

Sinopec’s profit inched higher in the first half, after an improved performance from upstream operations offset the impact of a slowing Chinese economy and hefty declines in the company’s main businesses of processing and selling fuels. Author of the article: Bloomberg News Bloomberg News Published Aug 25, 2024  •  3 minute read 3j5]livqry69qibetf1n1buu_media_dl_1.png Bloomberg (Bloomberg)

25
Aug
2024

Liquidnet, Devexperts, N26, and More: Executive Moves of the Week

2024-08-25T08:00:00.000+02:00 S u n d a y , 2 5 / 0 8 / 2 0 2 4 | 0 6 : 0 0 G M T by Jared Kirui Although the number of executive moves dropped this week, Scope Markets, Liquidnet, Trustly, NinjaTrader, Devexperts, and N26 made some interesting changes. In this week’s executive

25
Aug
2024

China opposes US sanctions on firms over alleged ties to Russia’s war efforts

China has expressed its opposition to the latest U.S. sanctions on Chinese companies over their alleged ties to Russia’s war in Ukraine, saying it would adopt necessary measures to safeguard the rights and interests of the country’s businesses BEIJING — China on Sunday expressed its opposition to the latest U.S. sanctions on Chinese companies over

25
Aug
2024

Nairobi CBD Clean-Up: Public Urinators and Litterers Sentenced to Community Service

Thirty Nairobi residents faced consequences for urinating and littering in the Central Business District (CBD) as part of the county government’s recent crackdown on minor offenses. Nairobi’s Environment Chief Officer, Geoffrey Mosiria, led enforcement teams on Monday night, patrolling CBD streets to catch offenders. Under the Nairobi Public Nuisance Act 2021, those caught urinating or

25
Aug
2024

TSION Corporation drives economic growth with new innovative services

TSION Corporation, a new business conglomerate, has launched new services in the financial, transportation, and logistics sectors in Nigeria to push unparalleled service delivery, drive economic growth, and empower people across Africa. The launch, the company say, was in response to the economic downturn, which has resulted in widespread financial difficulties for Nigerians. Moses Tosin

25
Aug
2024

Extortion threatens business survival

Raphael John-Lall The Con­fed­er­a­tion of Re­gion­al Busi­ness Cham­bers (CR­BC), which rep­re­sents the re­tail sec­tor in T&T in a state­ment to the Sun­day Busi­ness Guardian, said it views the cur­rent crime sit­u­a­tion in T&T with great con­cern. “It is the view of the CR­BC that crime is not on­ly af­fects eco­nom­ic pro­duc­tiv­i­ty when vic­tims miss work

25
Aug
2024

SlideTeam’s AI Presentation Maker Now Breaks Language Barriers: A Major Leap Toward Global Accessibility, Business News

In the latest advancement for global users, SlideTeam has released a new addition to its AI Presentation Maker tool, empowering users to create presentations in five languages: English, German, Spanish, French, and Portuguese. USA – August 25, 2024 — This multilingual feature will make the tool accessible to users across different linguistic backgrounds. The aim

25
Aug
2024

Dealmakers ponder what’s next after tough Biden antitrust years

Federal Trade Commission Chair Lina Khan and Assistant Attorney General Jonathan Kanter have adopted a tough line on mergers – Copyright GETTY IMAGES NORTH AMERICA/AFP/File Drew Angerer John BIERS President Joe Biden’s skeptical approach to corporate mergers has been a hallmark of his administration’s business policy — a stance generally expected to ease if Donald

24
Aug
2024

Agrivoltaics: Innovative business models may unlock new opportunities

The potential of PV installations on agricultural land and their contribution to renewable energy targets have received significant attention. While government and developer interest in this segment has grown, so has opposition from certain farmers’ organisations and segments of the public opinion. Concerns have arisen regarding the risks associated with “alibi agriculture” and the necessity

24
Aug
2024

Stellantis struggles, Boeing bungles, and AMD chases Nvidia: Business news roundup

Photo: Stefano Guidi (Getty Images), NASA, JHVEPhoto (Getty Images), Jennifer Buchanan (Getty Images), NASA Johnson, Ashish Vaishnav/SOPA Images/LightRocket (Getty Images), Image: Brandon Bell (Getty Images), Uncredited (AP) Photo: Stefano Guidi (Getty Images) Photo: NASA AMD headquarters in Santa Clara, California. Photo: JHVEPhoto (Getty Images) Semiconductor maker Advanced Micro Devices (AMD) will acquire cloud computing solutions