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,"...
Read More >>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,"...
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"...
Read More >>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"...
Read More >>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"...
Read More >>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"...
Read More >>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
April 17, 2019
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"... Read More >>
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."...
Read More >>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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