Monthly Archives: October 2022

MoKo, Kenya’s home furniture startup, raises $6.5M

Kenya has the largest and most thriving furniture industry in East Africa, but the sector’s potential is hindered by several challenges among them production inefficiencies and quality concerns, forcing most major retailers to settle on imports. MoKo Home + Living, a Kenya-based home furniture manufacturer and omnichannel retailer, saw this gap and over several years…

Vedantu acquires majority stake in Deeksha for $40 million in offline push

Indian edtech Vedantu has acquired a majority stake in education chain Deeksha for $40 million, the latest in local online learning platforms’ growing attempts at tapping opportunities in the offline market. The Bengaluru-headquartered Vedantu, which became a unicorn last year, said it will integrate its technology into offline centers of Deeksha as part of the…

‘Pls fix’ messages from higher-ups evoke dread in office workers. We want to hear from you: What do you hate hearing at work?

When a workforce faces curtailment, it’s human resource professionals who enable organizations to address issues that inevitably arise from layoffs and facility closures. Westend61/Getty Images Few messages at work inspire more dread than the “pls fix” message from a higher-up. It can keep employees constantly on edge in anticipation and often comes with little indication…

Today’s mortgage and refinance rates: October 13, 2022 | Rates could hold steady for the rest of 2022

Insider’s experts choose the best products and services to help make smart decisions with your money (here’s how). In some cases, we receive a commission from our our partners, however, our opinions are our own. Terms apply to offers listed on this page. Mortgage rates have been rising rapidly over the past couple of months,…

Norway’s police flag a threat to a huge gas plant, rattling energy markets with Europe on high alert for sabotage

Norwegian police responded to an incident at the Nyhamna gas plant Thursday. Marit Hommedal/AFP via Getty Images Norway’s police say they have resolved an incident at one of the country’s largest natural gas plants. Telephone threats were made to the Nyhamna plant, the local mayor told Reuters. Natural gas benchmarks jumped by over 2% as…