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La-Z-Boy Reports Q1 Loss

(RTTNews) - La-Z-Boy Incorporated (LZB) on Tuesday, reported sales of $475.6 million for the quarter ended July 25, 2026, compared with $492.2 million in the same quarter a year earlier. The company reported a net loss of $1.98 million, compared with net income of $18.29 million

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Middle East Banks Grow African Presence

Africa’s position as a corridor for capital, trade, and investment is capturing the attention of Middle Eastern banks. For decades, the continent was a preserve of Western lenders.

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