Tue, February 11, 2025

by: Tuko

Africa Tech Summit 2025: Over 100 Big Brains in Tech-World Set to Speak in Nairobi

The 7th Africa Tech Summit Nairobi will bring together over 100 top speakers, including leaders from AWS, IBM, Binance, and the London Stock Exchange.

by: Reuters

Mediobanca likely to file slate of nominees for new Generali board, CEO says

Italy's Mediobanca is likely to file its own slate of candidates for Generali's board renewal, CEO Alberto Nagel said, adding his bank wanted to help to name a leadership able of steering the insurer through its new strategy.

by: cnbctv18

Income Tax Bill Highlights: New bill expected to be tabled in Parliament by FM this week

With all eyes on the new Income Tax bill which is slated to be tabled in the Parliament this week. Sources in the know of the development but did not wish to be quoted shared that "the bill could propose some measures that can help in easing the burden of litigation and could also ease some penalties and prosecution provisions."

by: Nairametrics

Tinubu lauds Tolaram on IFC's $50 million equity investment in Lagos Free Zone

President Bola Tinubu has commended Tolaram Group for its role in attracting a $50 million equity investment from the International

by: Tuko

Kenya National Police Service Commission Announces 149 Job Vacancies 2025

The commission sought to recruit top managerial and support staff, urging qualified and candidates to submit applications on or before Friday, February 21, 2025.

by: MSN

'A viable path forward': Plans shared for proposed development at former Forest Fair Mall

A Texas-based development company is looking to breathe new life into the former Forest Fair Mall. Hillwood, a Perot Company, spoke about the proposed development during a joint public hearing between the Fairfield City Council and Fairfield Planning Commission.

by: TechCrunch

Lyft to launch Mobileye-powered robotaxis 'as soon as 2026,' starting with Dallas

Ride-hail giant Lyft plans to bring fully autonomous robotaxis, powered by Mobileye, to its app "as soon as 2026" in Dallas, with more markets to follow,

by: Reuters

UniCredit beats 2024 profit goal and vows to match result this year

UniCredit on Tuesday said it would keep its profit stable this year despite lower rates after posting a better than expected 2024 result, and pledged to increase shareholder rewards in 2025-2027.

by: Goodreturns

Top 10 Businesses To Start In India Under Rs 50,000 Budget : 2025 Edition

Starting a business is often a dream, offering perks like being your own boss and turning your passion into a profession. However, it remains a distant dream for many due to budget constraints. While,

by: MSN

Deloitte warns South Africa must establish sustainable debt practices to improve financial stability

The budget is expected to focus on tax reforms, sustainable development, job creation, healthcare funding, infrastructure investments, and support for agriculture.

by: MSN

JMM welcomes Year of the Snake with main course of diverse ASX companies

Jane Morgan Management's Chinese New Year feast showcased emerging ASX companies to investors. Now you can get the inside scoop ... Read More The post JMM welcomes Year of the Snake with main course of diverse ASX companies appeared first on Stockhead.

by: MSN

US consumer finance watchdog chief tells all staff to cease work

President Donald Trump's newly installed chief of the U.S. Consumer Financial Protection Bureau told all of the agency's staff on Monday to stay away from the office and do no work, according to an email reviewed by Reuters.
Mon, February 10, 2025

by: Devex

The top global development employers for interns

As we continue exploring global development trends based on our job board data, we are highlighting the top global development employers who released the most internships in the previous year.

by: Upstream

Interra suspends shares and seeks legal guidance after Myanmar report claims

by: CNET

Homeowners, Tax Credits and Deductions for Your House Can Give Your Tax Refund a Big Boost

Medical expenses can be a major tax deduction, but only if they go over 7.5% of your adjusted gross income, which is essentially your taxable income. Any home improvements -- safety bars, accessibility ramps, wider doorways, railings and lifts, for example -- related to medical conditions can be included in your tax deductions for medical expenses.

by: cnbctv18

Bizloan bags ?35 crore in Series A funding, to expand technology and branch network

Bizloan, a non-banking finance company (NBFC) for small and mid-sized firms, landed an investment of ₹35 crore in a Series A funding round. The round was co led by the Michael and Susan Dell Foundation and Blinc Invest.

by: AOL

Elon Musk reportedly offers $97.4B for OpenAI. Sam Altman says 'no thank you'

Altman posted his response to Musk, which was first reported by The Wall Street Journal. The offer is a significant reduction in OpenAI's valuation. According to CNBC, SoftBank plans to invest $20 billion in OpenAI at a valuation of $240 billion.

by: Kiplinger

These 6 Things Retirees Grew Up With Are Going Away or Are Gone

Over the past six years the number of checks written has declined at a rate of 7.2% per year. At the peak in 1995, 49.5 billion checks were written annually. As of 2022, it fell to 11.2 billion, a more than 77% decline, according to the Federal Reserve.

by: coloradopolitics

CO PO Calendar | Feb. 10-16

CoPo's weekly political calendar will help you find political and public-policy events throughout Colorado. It includes candidate and issue campaign events, public policy meetings, court hearings, sta

by: Tuko

Kenya Airways Announces 13 Job Vacancies in Nairobi

Kenya Airways has announced 13 job vacancies across operations, finance, IT, and human resources, inviting qualified candidates to apply before the deadlines.

by: cnbctv18

Income Tax Bill LIVE updates: New bill expected to be tabled in Parliament by FM this week

Budget 2025 has made income up to ₹12 lakh effectively tax-free under the new tax regime. The Finance Minister increased the no-tax limit from ₹7 lakh to ₹12 lakh and introduced revised tax slabs.

by: business

OutstandingBrands2025: Fidelity Bank's journey from bold beginnings to unmatched leadership

A legacy of bold beginnings In 2006, at a time when banking halls were cold, transactional spaces with tellers barricaded behind cages, Fidelity Bank Ghana dared to ask: What if banking could be human?

by: AOL

What Will Happen If Congress Doesn't Extend the Expiring Tax Cuts and Jobs Act in 2025?

With the Republican party taking control of not just the White House but both chambers of Congress, the Tax Cuts and Jobs Act of 2017 (TCJA) may have gotten a reprieve. The sweeping tax legislation

by: Reuters

Hyatt to acquire Playa Hotels for $2.6 billion

Hyatt Hotels will buy Playa Hotels & Resorts for about $2.6 billion including debt, net of cash, the company said on Monday, seeking to expand its presence in Mexico and the Caribbean.

by: Indiatimes

Stock Market Highlights: Nifty to extend weakness below 23,290, forms red candle. How to trade on Tuesday

Stock Market Highlights | The Nifty index opened on a marginal negative note, saw selling pressure, and finally settled the day on a negative note at 23,382 level. The volatility index, India VIX, rose 5.

by: Tuko

Safaricom Advertises Internship Opportunities for Kenyan Students and Graduates, How To Apply

Safaricom said the Annual Internship Program for 2025/26 will be offered across different departments including Human Resources, Finance, and Cyber Security.

by: Kiplinger

Six Risks of Delaware Statutory Trusts in 1031 Exchanges

Here's how proper preparation can help you successfully navigate these DST risks, from market uncertainties to structural limitations.

by: MSN

Leo, Daily Horoscope Today, February 10, 2025: Caution is advised in decision-making and spending

Leo may face temporary challenges in confidence and motivation, impacting productivity and financial stability. Caution is advised in decision-making and spending. Relationship tensions could arise, requiring open communication.

by: MSN

Budget 2025: MSME definition revision a 'good decision,' says India Inc; seeks more 'aha moments' for ease of doing business

Experts have hailed certain measures announced in the Budget aimed at supporting MSMEs and exports; however, they are advocating for further streamlining of processes that can enable ease in customs and regulatory updates.

by: Indiatimes

Sensex Today | Stock Market LIVE Updates: Sensex falls over 750 pts, Nifty below 23,350; all sectoral indices trade in the red

Stock Market LIVE Updates | Benchmark equity indices Sensex and Nifty traded lower on Monday, as global trade concerns dampened investor sentiment following U.S. President Donald Trump announcement to impose reciprocal tariffs on several countries this week.

by: MSN

Budget 2025: Government rationalises amalgamation provisions - losses now limited to 8 years from original year

The budget's overarching theme focused on regulatory and policy changes aimed at easing the burden on taxpayers. During the budget speech, specific emphasis was placed on rationalising merger provisions in India through introduction of procedures which is likely to be aimed at reducing regulatory hurdles.

by: MSN

INTERVIEW | 'Census, per capita income reasons for low budget allocation': TM Vijay Bhaskar

Former chief secretary and ex-chairman of the Second Karnataka Administrative Reforms Commission TM Vijay Bhaskar spoke to TNIE editors and reporters on the State and Union budgets, importance of having an elected local body in Bengaluru,

by: Reuters

Singapore's DBS surges to record on higher margins, capital return plans

DBS Group , Singapore's biggest bank, posted a 10% rise in net profit in the fourth quarter from a year earlier on the back of growth in both commercial book and markets trading, according to stock exchange filing on Monday.

by: Reuters

Billionaire Trump says time's up for lowly US penny

U.S. Treasury Secretary Scott Bessent has been ordered to cease production of the one-cent coin known as the penny, President Donald Trump said in a posting on his Truth Social media account on Sunday.

by: ProPakistani

Govt Likely to Withdraw Excise Duty on Property Transfer

The federal government is expected to withdraw the federal excise duty (FED) on the transfer of plots and commercial properties under the Finance Act 2024
Sun, February 9, 2025

by: Reuters

Japan runs record current account surplus in 2024 on foreign investment returns

Japan's current account surplus jumped to a record last year, data from the finance ministry showed on Monday, as a weaker yen boosted returns on foreign investments that helped to comfortably offset a trade deficit.

by: Reuters

Singapore bank DBS fourth-quarter net profit rises 10% on year, meets forecast

DBS Group , Singapore's biggest bank, posted a 10% rise in net profit in the fourth quarter from a year earlier on the back of growth in both commercial book and markets trading, according to stock exchange filing on Monday.

by: Reuters

Singapore bank DBS fourth-quarter net profit rises 10% on year

DBS Group , Singapore's biggest bank, posted on Monday a 10% rise in net profit in the fourth quarter from a year earlier on the back of growth in both commercial book and markets trading, according to stock exchange filing.

by: Mint

India vs England 2nd ODI LIVE SCORE: Rohit Sharma roars back to form with 100, India win by 4 wickets to seal series

Riding on Rohit Sharma's 119, India chased down England's 304 with 33 balls to spare and four wickets in hand. India thus win the three-match series with a game to spare. It was Gautam Gambhir's first ODI series win as a head coach.

by: AOL

What economic leaders said about the future of AI in the workforce at Davos

Economic leaders had a lot to say about the future of artificial intelligence in the workforce — and the perspectives vary.

by: AOL

Conservative activist Robby Starbuck says JPMorgan a 'target' in crusade against corporate DEI policies

Anti-DEI activist Robby Starbuck laid out his strategy for targeting companies and getting them to shift on diversity initiatives.

by: NDTV

PM Narendra Modi To Share Exam Tips With Over 5 Crore Participants Tomorrow

The eighth edition of Pariksha Pe Charcha will be held on February 10, 2025, at Bharat Mandapam, Pragati Maidan, New Delhi.

by: MSN

How to Craft a Perfect Press Release for Maximum Distribution Impact

A well-crafted press release can be a powerful tool in your marketing and PR strategy. Not only does it help convey important news about your business, but it can also boost brand visibility, improve SEO,

by: MSN

Top cities where LA wildfire victims are relocating: celebrity realtor

Celebrity realtor Josh Altman told FOX Business he is getting multiple calls daily for Palisades residents looking for homes in Santa Monica, Brentwood, Beverly Hills, Bel Air, Newport Beach, Scottsdale and Las Vegas.

by: MSN

Can Meta Platforms Stock Turn a $10,000 Investment Into $1 Million?

Meta Platforms (NASDAQ: META) has been one of the hottest growth stocks to own in recent years. Since the beginning of 2023, it has skyrocketed by around 490%, turning a $10,000 investment into nearly $59,

by: Forbes

Why Do We Avoid The Things That Matter Most? Greg McKeown And An "Essentialist" Approach To Personal Finance

What is "inverse prioritization" and how do we counter the forces that seek to undermine our best intentions—personally and financially?

by: WRVO

Russell Vought takes the helm at CFPB, orders pause in agency activities

by: cnbctv18

RBI repo rate cut: These banks may benefit the most and why

Banks with high fixed-rate loan exposure and those with elevated Loan-to-Deposit Ratios (LDRs) stand to gain the most. Here's how

Hyatt to acquire Playa Hotels for $2.6 billion

Hyatt Hotels will buy Playa Hotels & Resorts for about $2.6 billion including debt, net of cash, the company said on Monday, seeking to expand its presence in Mexico and the Caribbean.

Hyatt Hotels Corp has agreed to acquire Playa Hotels & Resorts NV for approximately $2.6 billion, including debt, as announced on February 10, 2025. This acquisition will expand Hyatt's portfolio by adding 26 all-inclusive luxury resorts across Mexico, the Caribbean, and Central America, enhancing its presence in the fast-growing all-inclusive market. The deal, which is expected to close in mid-2025, will be financed through a combination of cash, stock, and new debt. Playa shareholders will receive $9.07 per share, a 28% premium over the stock's closing price on the previous Friday. This move is part of Hyatt's strategy to cater to the increasing demand for all-inclusive vacation experiences, particularly among affluent travelers.

Read the Full Reuters Article at:
https://www.reuters.com/business/retail-consumer/hyatt-acquire-playa-hotels-26-billion-2025-02-10/