Dennis Mutua

South Korea’s President Using His Last Year in Office to Find a Permanent Peace Deal With North Korea

The President of South Korea Moon Jae-in says that he will be using his last year in office as the last chance to find a permanent peace deal between North Korea and South Korea which have remained fierce rivals since time immemorial. The President made the sentiments on May 10 while giving his speech in […]

China to Start Banning Some Mobile App Notifications

The Chinese internet watchdog, Cyberspace Administration of China (CAC) says that it will start banning some mobile app notifications as part of measures China’s administration is taking to reduce the influence of technology companies have over day to day lives of Chinese citizens. For a while now, China’s government has been complaining over the growing […]

NYSE to Delist Three Chinese Telecom Companies

The New York Stock Exchange will be delisting three Chinese telecom companies in guidance with United States investment restrictions formulated last year. The three Chinese companies to be affected include: China Telecom Corp. (HKG: 0728), China Mobile Ltd (HKG: 0941) and China Unicom (HKG: 0762). While giving a joint public statement, the three companies said […]

China Denounces G7 for Supporting Taiwan

China has condemned the G7 following a summit held by G7 foreign ministers which expressed support for Taiwan which China claims it lies in part of its territories. The ministers further termed China as a bully when it comes to matters between China and Taiwan. China’s foreign ministry spokesperson Wang Wenbin has come out fiercely […]

Aston Martin Posts First Quarter Loss of $59 Million

Manufacturer of luxury cars and grand tourers Aston Martin Global Langonda Holdings Plc. (LON: AML) posted its results for the first quarter of the year in which it recorded a loss of $59 million (42.2 million pounds). This loss is however lower than the loss of 110 million pounds the British automaker posted on a […]

Honest Company Raises $412 Million From its IPO

U.S based consumer goods company Honest Company Inc. (HNST) announced having raised $412.8 million from its initial public offering. This was slightly higher that what the company was expecting from the IPO. In the IPO, Honest was selling its shares at $16 apiece floating 25.8 million shares in total. Initially, the company has said that […]

Hugo Boss Optimistic of Sales Boom in China Despite Western Boycott Calls

German based luxury fashion house Hugo Boss AG (ETR: BOSS) is optimistic that sales in mainland China will boom despite increasing calls from the west urging western multinationals to boycott China following forced labor accusations in Xinjiang. In the first quarter ending March 31, Hugo Boss recorded double sales in mainland China. The company’s chief […]

Spotify CEO Daniel EK Contacts Arsenal Owners For a Takeover Bid

Billionaire entrepreneur, co-founder and CEO of Spotify Technologies SA (SPOT) Daniel EK is said to have contacted the owners of famous England based football club Arsenal FC in regard to buying the London based English Premier League club. This was revealed by retired football player former Arsenal player and legend for the club Thierry Henry. […]

Gates Charitable Foundation to Remain Intact Following Divorce of Bill and Melinda Gates

In the last two days, the unexpected news of billionaire Bill Gates and Melinda Gates getting divorced has indeed been the most talked about development around the world. In there 27 years of marriage, the two had two managed to set up The Bill & Melinda Gates Foundation, a world leading private charitable foundation. This […]

Tesla Facing Intense Scrutiny in China Over Safety

United States based leading electric vehicle manufacturer Tesla Inc. (TSLA) is facing intense scrutiny in China concerning the safety of its vehicles and following customer service complaints. Sources directly linked to the matter disclosed that the company is holding talks with regulators in mainland China to try and improve its relation with the China’s authorities. […]