Economy

Prudential Plc to join new Nairobi Financial Centre

Insurance company Prudential Plc (PRU.L) is set to sign an agreement on Tuesday to join the new Nairobi International Financial Centre, eventually becoming one of its anchor clients.

Intel to build Qualcomm chips, aims to catch foundry rivals by 2025

Intel Corp (INTC.O) said on Monday its factories will start building Qualcomm Inc (QCOM.O) chips and laid out a roadmap to expand its new foundry business to catch rivals such as Taiwan Semiconductor Manufacturing Co (2330.TW) and Samsung Electronics Co Ltd (005930.KS) by 2025.

Bezos offers NASA $2 billion in exchange for moon mission contract

Fresh off his trip to space, billionaire businessman Jeff Bezos on Monday offered to cover up to $2 billion in NASA costs if the U.S. space agency awards his company Blue Origin a contract to make a spacecraft designed to land astronauts back on the moon.

Aon, Willis halt $30 bln merger over monopoly concerns, delay

Aon Plc (AON.N) and Willis Towers Watson Plc on Monday called off a $30 billion merger that would have created the world’s largest insurance broker, saying U.S. regulators’ objections created unacceptable delay and uncertainty.

LVMH shares edge higher as sales and profits rise

LVMH’s (LVMH.PA) shares eged higher on Tuesday after the world’s biggest luxury goods group posted higher sales and profits, driven by surging sales of fashion lines and handbags by Dior, Fendi and Louis Vuitton.

Asia equities tick up, as investors look to the U.S.

Asian equity markets rose cautiously Tuesday, after touching year to date lows the day before, with traders keeping at least half an eye on the United States where major companies report earnings and the Federal Reservemeets on policy this week.

Prudential Plc to join new Nairobi Financial Centre

Insurance company Prudential Plc (PRU.L) is set to sign an agreement on Tuesday to join the new Nairobi International Financial Centre, eventually becoming one of its anchor clients.

Intel to build Qualcomm chips, aims to catch foundry rivals by 2025

Intel Corp (INTC.O) said on Monday its factories will start building Qualcomm Inc (QCOM.O) chips and laid out a roadmap to expand its new foundry business to catch rivals such as Taiwan Semiconductor Manufacturing Co (2330.TW) and Samsung Electronics Co Ltd (005930.KS) by 2025.

Bezos offers NASA $2 billion in exchange for moon mission contract

Fresh off his trip to space, billionaire businessman Jeff Bezos on Monday offered to cover up to $2 billion in NASA costs if the U.S. space agency awards his company Blue Origin a contract to make a spacecraft designed to land astronauts back on the moon.

Aon, Willis halt $30 bln merger over monopoly concerns, delay

Aon Plc (AON.N) and Willis Towers Watson Plc on Monday called off a $30 billion merger that would have created the world’s largest insurance broker, saying U.S. regulators’ objections created unacceptable delay and uncertainty.

LVMH shares edge higher as sales and profits rise

LVMH’s (LVMH.PA) shares eged higher on Tuesday after the world’s biggest luxury goods group posted higher sales and profits, driven by surging sales of fashion lines and handbags by Dior, Fendi and Louis Vuitton.

Asia equities tick up, as investors look to the U.S.

Asian equity markets rose cautiously Tuesday, after touching year to date lows the day before, with traders keeping at least half an eye on the United States where major companies report earnings and the Federal Reservemeets on policy this week.

Categories