Dennis Mutua

Russia Says Location and Date For Biden-Putin’s Meeting Yet to be Agreed Upon

Russia says the date and venue for a crucial meeting between U.S President Joe Biden and his Russia counterpart President Vladimir Putin is yet to g agreed upon by both parties. In recent times, tensions between the two countries have been building up slowly by slowly. United States has been making accusations against Russia including […]

Philips Increases 2021 Financial Guidance Estimates as Sales Keeps Going Up

Dutch based health technology company Philips NV (AMS: PHIA) has revised its 2021 estimates upwards following increasing number of sales courtesy of the pandemic. Due to the pandemic, healthcare facilities across the world have been overwhelmed due to high numbers of COVID-19 patients. It is this experience which led to a rise in demand of […]

Nubank Planning to Hit U.S Stock Markets

Brazil based digital bank Nubank is gearing up to get listed on the United States stock markets. This was revealed by sources involved with the matter who said the listing could happen before the year comes to an end. Nubank is the largest financial technology company in Latin America and this could go down as […]

Netflix CEO Hastings Realized $612 Million in 2020 From Exercising His Stock Options

The Chief Executive Officer of production company and online streaming platform Netflix Inc. (NFLX) Reed Hastings exercised $612 million worth stock options last year. This was a year when the company recorded staggering numbers of new subscribers on its streaming platform due to movement restrictions initiated to curtail movement of the deadly virus. This means […]

France to Impose Sanctions on Russia if Putin’s Critic Dies

France has send a stern warning to Russia that it will be imposing sanctions on the nation in a case where President’s Vladamir Putin fierce critic Alexei Navalny who is under detention dies of hunger. Navalny who is aged 44, has been under detention for fearlessly criticizing the administration of President Putin. Sources are revealing […]

Apple to Add Second Ad Slot in App Store Search Page

IPhone manufacturer Apple Inc. (AAPL) is planning to expand its ads business according to a development first reported on Financial Times. The tech giant is planning to expand its ad business by adding a second ad slot in the App Store search page under the suggestion section. This new ad slot is set to be […]

Lisa Monaco Confirmed by U.S Senate as Deputy Attorney General

Lisa Monaco, the nominee of President Joe Biden has been approved by the United States Senate to assume the office of deputy attorney general meaning she will be second in command at the U.S Department of Justice. The senate voted 98:2 in favor of Monaco’s appointment to the office expressing overwhelming confidence in her. Monaco […]

BioNTech Open For Capacity Expansion if Need Be

German based biotechnology company BioNTech SE (BNTX) says it is ready to expand its production capacity in terms of setting up new production facilities if the demand of their COVID-19 vaccine shoots up necessitating for capacity expansion. The company’s chief financial officer Sierk Poetting said the company is very much willing to construct new production […]

Meituan Raises $10 Billion in a Stock and Convertible Bonds Sale

Beijing based online local service platform Meituan (HKG: 3690) raised a total of $10 billion in a stock and convertible bonds sale. This financing initiative sends a strong message that investors indeed have strong faith in the growth rate of the company. Following this financing, Meituan now has a market valuation of $220 billion. The […]

Former United States Vice President Walter Modale Passes On

Former President of the United States Walter Modale passed away on April 19 at the age of 93 years. The family of Mondale broke the unfortunate news then released a statement made by the late Mondale for his demise to his staff. “Well my time has come. I am eager to rejoin Joan and Eleanor. […]