Business

Biden Bans Connected Vehicles From China, Russia Over Security Risks

Leave a Comment / Asia, Business, International News, News, Politics / Ronald Kabuubi

Biden Bans Connected Vehicles From China, Russia Over Security Risks WASHINGTON, Jan 15 (Bernama-dpa) — Outgoing US President Joe Biden on Tuesday announced a ban on Chinese and Russian technology in vehicles, citing national security concerns, reported German news agency dpa. The new regulations will prevent the sale and import of connected vehicle hardware and […]

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Thailand seeks negotiations with China to lift syrup imports ban

Leave a Comment / Asia, Business, International News, News / Ronald Kabuubi

Thailand seeks negotiations with China to lift syrup imports ban BANGKOK – Chinese authorities have asked Thailand to inspect dozens of factories before opening negotiations to lift a ban imposed last month on sugar syrup and premixed powder exports from the Southeast Asia nation, Thai officials said. Thailand, the world’s second-largest sugar exporter, was China’s

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COL. NAKALEMA MEETS INDIAN BUSINESS FORUM OFFICIALS

Leave a Comment / Africa, Business, East Africa, International News, News, World / Ronald Kabuubi

Col. Edith Nakalema shares a light moment with the director general of the Indian Business Forum Rajesh Kumar and his delegation during a meeting at Nakasero on Monday. PPU Photo The Head of the State House Investors Protection Unit (SHIPU), Col. Edith Nakalema has today met and held discussions with officials from the Indian Business

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LemFi, the trusted financial services platform designed for immigrants, has secured $53M in Series B funding led by Highland Europe

Leave a Comment / Africa, Business, East Africa, International News, World / Ronald Kabuubi

LemFi, the trusted financial services platform designed for immigrants, has secured $53M in Series B funding led by Highland Europe The new round brings LemFi’s total capital raised to $85 million to date LONDON, United Kingdom, January 14, 2025/ — LemFi is transforming how immigrant communities access financial services, starting with international remittance and payments

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Novastar Ventures backs the growth of Sistema.bio in Africa

Leave a Comment / Breaking News, Business, International News / Ronald Kabuubi

Novastar Ventures backs the growth of Sistema.bio in Africa Combined with Novastar’s investment, Sistema.bio has raised a total financing of USD 18.5 million in 2024, with a focus on regional geographic growth and adding new products NAIROBI, Kenya, January 14, 2025/ — Sistema.bio (https://Sistema.bio), a global leader in the delivery of biogas technology, financing, and

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Experts estimate Los Angeles Wildfires caused nearly $20B in damage

Leave a Comment / Business, International News, News, World / Ronald Kabuubi

Experts estimate Los Angeles Wildfires caused nearly $20B in damage ALBABWABA – The Palisades fire, which started in the Pacific Palisades last Tuesday, has burned approximately 23,654 acres and 5,316 structures. As of now, it is 11% contained. Experts estimate the total damage will approach $20 billion. $20B total damage According to risk experts,

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2nd announcement by Houthi group of targeting USS Harry Truman aircraft carrier in less than week

Leave a Comment / Asia, Business, International News, News, Politics, World / Ronald Kabuubi

2nd announcement by Houthi group of targeting USS Harry Truman aircraft carrier in less than week The Yemeni Houthi group announced another attack Friday against a US aircraft carrier in the Red Sea amid tensions between the group and the US, UK and Israel. The group’s military spokesman Yahya Saree said fighters targeted the

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Woman loses $67k after believing scammer’s lie that she wrongly bought WeChat ‘anti-scam insurance’

Leave a Comment / Business, News, Technology / Ronald Kabuubi

Woman loses $67k after believing scammer’s lie that she wrongly bought WeChat ‘anti-scam insurance’ SINGAPORE – A woman lost most of her savings after she believed a scammer’s lie that she had mistakenly bought insurance coverage from WeChat and paid $67,500, hoping to cancel the policy. Ironically, the policy was called “protection from scams

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Trump spared jail in sentencing for hush money case

Leave a Comment / Business, International News, News, Politics, World / Ronald Kabuubi

Trump spared jail in sentencing for hush money case US President-elect Donald Trump has been given a sentence of unconditional discharge on all counts for his conviction over hush money payments to porn star Stormy Daniels. The result means Trump will not face jail time or fines but the sentencing will place a judgment of guilt on

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Indonesia welcomes entry into BRICS bloc

Leave a Comment / Asia, Business, International News, News, World / Ronald Kabuubi

Indonesia welcomes entry into BRICS bloc Indonesia welcomed on Tuesday Brazil’s announcement that it had become a full member of BRICS, a bloc of developing economies increasingly seen as a counterweight to the West. The Brazilian foreign ministry said in a statement on Monday that Southeast Asia’s most populous country “shares with the other

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