Economy KRA loses Sh7 billion on higher airtime, data taxes Friday May 20 2022 Times Tower in Nairobi, the headquarters of Kenya Revenue Authority (KRA). Picture taken on Thursday, October 15, 2020. PHOTO | DENNIS ONSONGO | NMG By OTIATO GUGUYUMore by this Author Summary Airtime and call data tax collections fell by 19.8 percent … Read more
CORPORATE.WALMART.COM NEW YORK — Walmart, Target, and Kohl’s were among major retailers that reported earnings this week that missed Wall Street expectations by the widest margin in at least five years, underscoring the wallop four-decade-high inflation is bringing to US shoppers’ wallets and retailers’ bottom lines. Among 145 retailers that have reported first-quarter earnings so … Read more
Billionaire Elon Musk took to Twitter late on Thursday to denounce as “utterly untrue” claims in a news report that he had sexually harassed a flight attendant on a private jet in 2016. Business Insider reported earlier on Thursday that Musk’s SpaceX paid $250,000 (roughly Rs. 2 crore) in 2018 to settle a sexual harassment … Read more
Singer Ciara has a piece of golden advice for her daughter, Sienna when she grows up: “Never give up.” The 36-year-old shared the nugget of wisdom in an exclusive interview with ET on the red carpet of Sports Illustrated Swimsuit issue launch party at the Hard Rock Hotel Times Square in New York City on Thursday. “You … Read more
Xiaomi is unveiling a bunch of products on May 24, 2022, at 4:30 PM (IST). The spotlight will be on the Redmi Note 11T series of smartphones and the Mi Band 7 fitness band. The phones will be 5G-read and feature triple rear camera setups as well as “flagship-grade” LCD displays. The new wearable would … Read more
The Supreme Court denies to entertain Congress leader Navjot Singh Sidhu’s plea seeking time to surrender, a day after he was sentenced to one-year in prison in the 1988 road rage. Sidhu on Friday approached the Apex Court seeking a few weeks’ time to surrender to undergo the sentence imposed on him. The … Read more
Business Wire Indiaslice launches the integration of UPI into its app for all its existing and 10mn waitlisted users, accelerating its journey in creating a one-stop payment platform. With this, the country’s leading credit card challenger transforms into a one-stop payment app extending its seamless and simple user experience across all payment methods. Following its … Read more
Breadcrumb Trail Links PMN Business Author of the article: Reuters Chen Aizhu and Florence Tan Publishing date: May 20, 2022 • 11 minutes ago • 4 minute read • Join the conversation Article content SINGAPORE — China is quietly ramping up purchases of oil from Russia at bargain prices, according to shipping data and oil traders … Read more
Start of the mini-Field School I am in Bangladesh this time to collect magnetotelluric (MT) data. This electromagnetic method can look deep underground to help image the sediments and faults beneath the surface. It will help us assess the earthquake hazard in this densely-populated country. Deploying an MT station consists of laying out electrodes in … Read more
Stocks and US equity futures pushed higher Friday as sentiment received a boost from a move by Chinese banks to lower a key interest rate for long-term loans by a record amount. Shares rose in Japan, Hong Kong and China, shrugging off modest losses on Wall Street Thursday. European contracts gained about 1%. Chinese banks … Read more