Schroders soared to the top of the Stoxx 600 on Thursday, hitting a 52-week high, after U.S. fund management giant Nuveen said it would buy the U.K.’s largest standalone asset management. The deal, sized at £9.9 billion ($13.5 billion), will create one of the world’s biggest asset management groups. Nuveen — the investment management arm…
China’s Lenovo Group warned on Thursday about mounting pressure on PC shipments as a worsening memory-chip shortage grips the industry. CEO Yang Yuanqing said in an interview after the company released third-quarter results that the world’s largest PC maker has raised prices to offset surging memory costs, while accelerating its push into the fast-growing AI…
Nairobi — Kenya has stepped up diplomatic efforts to secure a full nine-year term for Judge Phoebe Okowa at the International Court of Justice (ICJ), after Foreign Affairs Cabinet Secretary Musalia Mudavadi launched her 2027 -2036 candidature during the African Union Executive Council Meeting in Addis Ababa, Ethiopia. In a statement, Mudavadi termed the launch…
200 U.S. Troops Heading to Nigeria for Counter-Terror Training The United States is set to send about 200 troops to Nigeria to train the military in its fight against Islamist militants, adding to a small US team already in the country after the first acknowledged US ground presence since the Christmas Day airstrikes ordered…
Google says its flagship artificial intelligence chatbot, Gemini, has been inundated by “commercially motivated” actors who are trying to clone it by repeatedly prompting it, sometimes with thousands of different queries — including one campaign that prompted Gemini more than 100,000 times. In a report published Thursday, Google said it has increasingly come under “distillation…
Yolanden Moodley, Managing Director of Altron Document Solutions. Altron Technology Group has strengthened its leadership team with two strategic appointments that underscore its focus on driving transformative growth across its portfolio: Yolanden Moodley as Managing Director of Altron Document Solutions and Warren Mande as Chief Operating Officer of Netstar. Both appointments reflect Altron’s commitment to…
Participants at the Zámba Heritage Congress in Nairobi, which concluded today. PHOTO/FSC. By PATRICK MAYOYO [email protected] The cost of carbon credits in Africa remains significantly lower than in other global regions, a disparity attributed to the fragmented approach of the continent’s 54 nations in negotiating environmental terms. Dr Yemi Katerere, a leading expert in forestry…
Somalia is among the 10 countries whose representatives have secured a seat on the AU Peace and Security Council (AU PSC). Others who will serve a two-year term on the Council include DRC, Gabon, Uganda, Morocco, Lesotho, South Africa, Benin, Cote d’Ivoire, and Sierra Leone. This marks the first time Somalia will sit on the…
Six people were killed and at least 25 others were injured at a school, and two others were found dead at a nearby home.
We Need Milk CEO Arjan van den Berg South Africans are shopping for groceries online more than ever, yet many households still struggle to see the full cost and nutritional value of their baskets before checkout. A new service called We Need Milk thinks it has the solution. Online retail exceeded R130-billion in 2025 and…
