FINANCE & ECONOMY

April 18, 2019

KPA seeking nod to eject state agencies from Mombasa

The Kenya Ports Authority is seeking to reduce the number of agencies operating within the Customs points to five from 51, as part of efforts to streamline operations.

“Except the Kenya Revenue Authority,"...

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April 18, 2019

China’s Q1 growth unexpectedly steadies

BEIJING: China’s economy grew at a steady 6.4 per cent pace in the first quarter, defying expectations for a further slowdown, as industrial production jumped sharply and consumer demand showed signs of improvement.
The upbeat readings, which included faster growth in investment,"...

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April 18, 2019

Acelity L.P. Inc. Announces New Senior Leadership Appointments

(AETOS Wire)-- Acelity today announced Gaurav Agarwal, Chief Commercial Officer, has been promoted to the position of President and Chief Operating Officer. Additionally, Rohit Kashyap, President of the Americas, has been promoted to the position"...

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April 17, 2019

KCB to take up 30pc of Imperial’s ‘good’ assets

Regional lender KCB has offered to acquire 30 per cent of the troubled Imperial Bank’s “good” assets, while the rest will be offered to other commercial banks.

Marketing of the Imperial Bank"...

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April 17, 2019

MSCI Schedules Investor Conference Call to Review First Quarter 2019 Results

MSCI Inc. (NYSE: MSCI), a leading provider of critical decision support tools and services for the global investment community, announced today it will release its results for first quarter 2019 on Thursday, May 2, 2019.

MSCI's"...

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April 17, 2019

SpeeDx and Cepheid Announce Test Partnership

SpeeDx Pty, Ltd. announced an agreement with Cepheid to manufacture their market-leading ResistancePlus® tests for use on the GeneXpert System. The first test in Cepheid’s FleXible Cartridge programme, planned for launch early 2019, is ResistancePlus® MG, detecting the sexually"...

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April 17, 2019

Financial year 2018: Boehringer Ingelheim grows and invests

• Well-filled research pipeline in oncology, fibrotic diseases, immunology and metabolic diseases

• Operating growth outpaces the market in all businesses

• Technical integration of the animal health business acquired in 2017 successfully completed

"...

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April 17, 2019

ABB: Resilient Growth

FIRST QUARTER HIGHLIGHTS

  • Total orders +3%1, order backlog +6%
  • Base orders +6%, higher in all divisions and regions
  • Revenues +4%, book-to-bill2 1.11x
  • Operational EBITA margin2 11.2%, impacted 100 basis points by GEIS dilution and a further 100"...

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April 17, 2019

Bank of America Reports First-Quarter 2019 Financial Results

Bank of America reported its first-quarter 2019 financial results today. The news release, supplemental filing and investor presentation can be accessed in the following ways:

This press release features multimedia."...

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April 17, 2019

ABB Names Peter Voser as Interim CEO; Ulrich Spiesshofer Steps Down

The Board of Directors of ABB and its CEO Ulrich Spiesshofer (55) have mutually agreed for him to step down from his role, which he has held since 2013. The Chairman of the Board, Peter Voser (61), will become interim CEO in addition to his current role with immediate effect. An official"...

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