Business
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Business
Why Hundreds of Ships Are Still Avoiding the Strait of Hormuz Despite a Peace Deal
The Strait of Hormuz may be slowly reopening, but many of the world’s largest shipping companies are still refusing to…
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Business
End of an Era? Pizza Hut Sold for $2.7 Billion After Years of Struggle
One of the world’s most recognizable restaurant brands is changing hands after years of declining sales and growing competition. Yum!…
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Business
SpaceX IPO Raises More Than $10 Billion Above Initial Estimate
SpaceX has raised approximately $85.7 billion through its initial public offering (IPO), more than $10 billion above the amount initially…
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Business
Bank of Japan Lifts Interest Rates to Three-Decade High Amid Inflation Pressures
TOKYO, June 16 — The Bank of Japan has raised interest rates to their highest level in more than three…
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Business
US and Iran Reach Preliminary Peace Agreement as Trump Announces Strait of Hormuz Reopening
The United States and Iran have reached a preliminary agreement aimed at ending months of conflict, with U.S. President Donald…
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Business
Employee Ownership Gains Ground as Retiring US Business Owners Seek Succession Solutions
A growing number of retiring business owners across the United States are choosing to sell their companies to employees…
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Business
UK Secures £18 Billion Japanese Investment Boost in Major Economic Partnership
The United Kingdom and Japan have unveiled an £18 billion investment agreement aimed at deepening economic cooperation, strengthening supply chains…
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Business
URA Refunds Shs2.4 Billion to Property Developer Following Tax Dispute
The Uganda Revenue Authority (URA) has paid Shs2.4 billion to a property developer after a court ruling determined that the…
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Business
Museveni Secures Support for Planned Oil Sovereign Wealth Fund
President Yoweri Museveni has received backing for plans to establish a sovereign wealth fund to manage Uganda’s anticipated oil revenues,…
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Business
Prime Minister Nabbanja Commissions Health Facility Upgrades Ahead of AFCON 2027
HOIMA, UGANDA – Prime Minister Rt. Hon. Robinah Nabbanja has commissioned upgrade works for key health facilities in Hoima and…
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