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The Standard Group Plc is a
multi-media organization with investments in media platforms spanning newspaper
print operations, television, radio broadcasting, digital and online services. The
Standard Group is recognized as a leading multi-media house in Kenya with a key
influence in matters of national and international interest.
Finnish telecom network equipment maker Nokia reported an unexpected rise in its second-quarter underlying profit on lower revenues on Friday, as it reduced low-margin business before a new chief executive takes charge.
Cutting less profitable service business and not winning 5G radio deals in the cut-throat Chinese market helped the company upgrade its earnings outlook for 2020 as new Chief Executive Officer Pekka Lundmark takes over this weekend.
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