Business

Lyntris sold 17 million shares in its IPO. The stock began trading on Wednesday at 11% below its list price of $17.50 a share, according to MarketSurge.

Why World Bank still classifies Uganda as low-income country Daily Monitor

Ted Cruz revived his Nike boycott on social media, saying the Betsy Ross shoe cancellation proved the brand's "marketing plan was America-hate."

Mark Walter’s attempts to find money any way he could led to seeing about getting out of deals with Spectrum SportsNet.

Govt says Uganda is middle-income, World Bank says not yet Daily Monitor

Bahati Moves to Boost Market for Locally Made Gas Cylinders ChimpReports

The US chain said it received a $994 million pre-tax reimbursement, which resulted in its second quarter operating income rising to $2.6bn.

URA Enforcement Team Intercepts Smugglers, Impounds Van with Fabrics ChimpReports

Museveni says Uganda is middle-income, World Bank says not yet Daily Monitor

Unitree builds AI-powered robots that rival Tesla's Optimus units. Unitree raised more than $900 million from its IPO.

A tax avoidance rule built for large firms is hitting ordinary businesses Daily Monitor

dfcu Bank Pushes Integrated East African Financial System to Spur Industrialisation ChimpReports

Let’s say you want to buy an NBA team.

SpaceX stock is in focus on Wednesday after a Chinese company landed a rocket booster for the first time, just as a new share unlock adds to the pressure.

The campaign seeks to help mobile money users understand digital credit, repayment obligations and responsible borrowing as mobile lending continues to expand in Uganda.

The Senate sets date for Clarity Act vote. SEC proposes new rules for crypto offerings. White House, Trump to host crypto summit.

China has successfully recaptured the first stage of a rocket on land for the first time, state media reports, as the country seeks to advance its space program. Although this marks China’s first successful recovery on land, it is the second time the country …

Marvell Technology Inc. has agreed to give Alphabet Inc.’s Google rights to buy as much as $12.2 billion of its shares in exchange for purchasing chips.

Gators swim club clinch victory at inaugural home invitational gala Daily Monitor

Long-term Treasury yields rose to their highest point since 2007, creating another headwind for the economy and lifting borrowing costs for consumers and businesses.

Suspicious bulk orders of used books have led many booksellers to believe they are being purchased on behalf of AI...