Dennis Mutua

Rolls Royce Withdraws 2020 Financial Guidance Cites Coronavirus Pandemic

British based engineering and aero-engine manufacturer Rolls-Royce Holding PLC (RR) announced on Monday that it has dropped its financial target for the first quarter of the year and a very high possibility of dropping entire targets for the entire year. Additionally, Rolls Royce also suspended dividend for the first quarter of the year making it […]

Samsung Set to Post Quarterly Results How Will They be Affected by the Pandemic

Global tech giant for consumer electronics Samsung Electronics Co. (005930) is set to announce its quarterly results for the period ended March 31 however it’s unclear whether the breakout of deadly coronavirus around the World will have impact on this upcoming quarterly reports and if yes by how much. Samsung is the largest memory chipmaker […]

Zoom Under Siege Over Data Privacy and Security Issues

Remote conferencing services firm Zoom Video Communications Inc. (ZM) is facing a backlash over its video conferencing app Zoom video which is alleged to having been breached hence putting private user data at a great risk. Earlier in the week, the company’s founder and Chief executive officer, Eric Yuan, indeed confirmed the data privacy concerns […]

Mexico Temporarily Halts Production of Corona Beer In the Country

Beer producing firm in Mexico Grupo Modelo has announced temporary suspension from production of Corona beer among other brands as well. This means the company will be temporary cutting out supply of beer to the 180 countries it supplies beer to. As many would be fast to conclude that the company ceased production due to […]

Amazon Employees Stage Demonstrations Citing Fear of Contracting Coronavirus While Working

Global breakout of deadly coronona virus is indeed chewing into each economy without fear or favor. With the United States recording highest numbers of infections worldwide, workers at e-commerce giant Amazon Inc. (AMZN) are afraid of being infected with this virus as they continue with their day to day activities at their workplace. On the […]

Disney+ Set to Premiere in North Africa and in the Middle East

Mass media and entertainment company Walt Disney Co. (DIS) has announced that they’ll be launching their Disney+ services in North Africa and the Middle East come April 9. The Disney+ content will be made available on regional pay television and online streaming service provider OSN which is based in the Middle East having its headquarters […]

New York Governor Confirms His Brother is Infected With Coronavirus

The Governor of New York, Andrew Cuomo, has confirmed that his brother, Chris Cuomo, has tested positive for the coronavirus disease. The Governor revealed this information on Tuesday and on this day, New York State recorded more than 9,000 new infections. With these new infections, total number of coronavirus cases in New York now stands […]

Xerox Walks Away From $35 Billion Bid for HP

U.S based printer manufacturer Xerox Holdings Corp (XRX) has confirmed abandoning its cash and stock $35 billion bid for PC and printing equipment maker HP Inc. (HPQ). The company made the announcement on this decision on Tuesday further adding rapid spreading of coronavirus across United States affected its decision. In the beginning of March, Xerox […]

GE Partners With Ford to Produce 50,000 Ventilators in 3 Months

U.S based car manufacturer Ford Motor Co. (F) has announced its partnership with health care unit of General Electric (GE) to produce 50,000 ventilators in 100 days so as to combat break out of deadly coronavirus in the United States. In what stated as a non-alarming situation in the United States, Coronavirus has now emerged […]