KENYAN BUILDING COLLAPSE NEAR NAIROBI KILLS SIX PEOPLE. (PHOTO).

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 Kenyan building collapse near Nairobi kills six people The collapse of an unfinished eight-storey building in Kenya has killed six people. The structure fell on Friday morning in Syokimau on the outskirts of Nairobi. Construction workers were reportedly at the site when the building’s uppermost concrete slab gave way, bringing down part of the structure, according to a preliminary report from Nairobi City County’s emergency team. The report did not establish why the slab failed. The Kenya Red Cross initially reported that three people had been rescued and one person was reported missing. TV reports later said that five people had been pulled alive from the rubble and taken to hospital. The emergency report said the number of workers present when the building fell had not been confirmed, leaving open the possibility that others were trapped. Firefighters and specialist rescue teams were continuing to search for survivors.
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LVMH CONSIDERING SALE OF 50% STAKE IN RIHANNA-BACKED FENTY BEAUTY, SOURCES SAY. (PHOTO).

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 LVMH considering sale of 50% stake in Rihanna-backed Fenty Beauty, sources say

Luxury conglomerate LVMH is reportedly considering selling its 50% stake in Fenty Beauty, the cosmetics brand co-owned with Grammy-winning singer and entrepreneur Rihanna. The company is said to be working with investment bank Evercore on the potential transaction, according to sources familiar with the matter.

Fenty Beauty, launched by Rihanna in 2017 with the support of LVMH’s beauty incubator Kendo Brands, has become known for its inclusive range of products catering to diverse skin tones. The brand generated roughly $450 million in net sales in 2024 and could be valued between $1 billion and $2 billion, according to sources. Rihanna, who also owns lingerie brand Savage X Fenty, has built Fenty Beauty into a global presence with products sold in stores like Sephora and online platforms such as Amazon.


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