Equity Group announced a substantial 32 percent increase in its net profit to Sh54.1 billion in Q3 2025, up from Sh40.9 billion in the previous quarter. This growth was primarily fueled by strong performances across its regional subsidiaries.

• The bank's net profit surged to Sh54.1 billion in Q3 2025.
• The significant boost in profitability was driven by contributions from Kenya, Rwanda, Tanzania, and Uganda.
• Equity Group's Managing Director and CEO, Dr. James Mwangi, highlighted that the strategic plan's execution is transforming the Group's balance sheet and performance.
• The non-performing loan (NPL) ratio improved significantly, dropping to 12.1 percent in Q3 2025, from 14 percent in Q1 and 13.4 percent in Q3 2024.

Boeing faces a significant financial blow as delays in its new 777X aircraft production will cost the company $5 billion in late delivery penalties. The anticipated delivery date for the 777X has been pushed back to 2027 due to regulatory hurdles, despite a surge in international travel demand.

• Penalties for the 777X delays will total $5 billion (£3.7 billion), with cumulative charges reaching almost $15 billion (£11.3 billion).
• Kelly Ortberg, chief executive, expressed disappointment over the delay but noted strong performance in flight testing.
• The delay comes amid efforts by Boeing to "restore trust" and stabilize operations following past incidents, regulatory scrutiny, and staff strikes.

Microsoft reported strong financial results for the first quarter of its 2026 fiscal year, exceeding expectations with significant increases in revenue, net income, and operating income. The growth was largely driven by its cloud and AI initiatives, as highlighted by CEO Satya Nadella.

• Microsoft's revenue for Q1 FY2026 reached $77.7 billion, an 18 percent increase year-on-year, with a net income of $27.7 billion, up 12 percent.
• CEO Satya Nadella emphasized the impact of the company's "planet-scale cloud and AI factory" on driving growth and future investments.
• Microsoft Cloud revenue was $49.1 billion, marking a 26 percent increase, demonstrating strong customer demand for their differentiated platform.