LG records high sales for home appliance unit, strong B2B profitability

LG Electronics Inc. (LG) today announced record second quarter and first half revenues with consolidated sales of USD 13.40 billion and operating profit of USD 559.4 million for the period covering April-June 2019. Compared to the same period last year, sales were 4.1 percent higher with operating income down 15.4 percent. Record home appliance profits…

Kenidia urges companies to conduct employee wellbeing programs

It’s a disturbing trend: Kenyans seem to be getting less healthy with every passing year, thanks to the resurgence of non-communicable diseases (NCDs). According to the Ministry of Health, non-communicable diseases are responsible for over 55 per cent of deaths and further account for more than 50 per cent of hospital admissions, annually. Non-communicable diseases…

West African Governments are the least committed to reduce inequalities in Africa

Oxfam and Development Finance International have launched the first ever Commitment to Reducing Inequality Index (CRII) regional report. The index measures, compares and ranks West African governments’ commitment on 3 pillars: public spending, taxation, and labour markets. The report also includes a regional analysis of agriculture and land rights. As the poorest continent, Africa is also…

LG XBOOM delivers exciting sound experience

LG Electronics (LG) XBOOM lineup continues to enthrall consumers with its superior sound, unique features and exceptional convenience. The XBOOM name has become synonymous with power and quality, helping the LG brand attain its dominant position in the mini component and all-in-one audio categories. The latest XBOOM products remain true to the brand’s identity, boasting…

Nestlé breaks new ground with open blockchain pilot

Nestlé will break new ground in supply chain transparency through a collaboration with OpenSC – an innovative blockchain platform that allows consumers to track their food right back to the farm. Through this collaboration, Nestlé becomes the first major food and beverage company to announce that it will pilot open blockchain technology in this way….

Dubai on a layover? Six ways to discover the city

Dubai is one of the most visited destinations in the world and home to a number of record-breakers, from the world’s tallest tower to the busiest international airport on the planet. There is so much to discover about Dubai, that with even 48 hours, you can have a diverse experience ranging from sightseeing to shopping…

Cushion yourself from the unexpected with insurance, Kenindia urges

There are multiple reasons as to why the insurance penetration in the country is still below 3 percent. Lack of public awareness has been cited as the main reason as to way Kenyans have so far failed to take up insurance covers. A huge population have no vital insurance protection such as life insurance or…

LG superior information display graces Nairobi

If you have been following LG Electronics (LG) keenly you will notice how they have quietly introduced its advanced information display technology at the KBC site on University Way. From Transparent OLED Signage to a full lineup of LED products, LG is providing that it can transform any space into awe-inspiring, fully functional digital environments…

Fly hassle-free with your kids on Emirates

The August school holidays are around the corner and you may be planning a trip overseas for your family. Frequent travelling, whether for work or vacation can be daunting especially if there are many connections and is more so when planning a trip with children, regardless of their age. Travelling with your young ones need…

Shopify Unveils New Innovations to Transform Commerce for Merchants and Consumers Globally

Shopify Inc., the leading multi-channel commerce platform, unveiled the latest in commerce technology at Shopify Unite, the annual conference that brings together the company’s global partner and developer community. “Shopify’s real power comes from the variety and strength of our ecosystem,” said Shopify CEO Tobi Lutke. “Unite gives our developer and partner community access to…