Omicron Surge Pulls US Markets Lower
The surge of infections with COVID-19 Omicron variant was a big concern for investors as the key stock market indices in the United States ended the session in the red [...]
US Markets; Wallstreet Closes Lower, Quarterly Earnings Review
The US markets closed mostly lower on Thursday as the country's Senate advanced the vote on a bill that would raise thefederal debt ceiling.The House of Representatives earlier passed a [...]
Joe Biden Nominates Silicon Valley veteran Meg Whitman as US Ambassador to Kenya
Veteran Silicon Valley executive Meg Whitman has been nominated by US President Joe Biden as America's ambassador to Kenya. Meg Whitman, who has served senior leadership positions in a number of blue chip US [...]IATA Reports Airlines Recovery in October 2021
The International Air Transport Association (IATA) has reported that the recovery in air travel continued in October 2021, with broad-based improvements in both domestic and international markets. Total demand for [...]US Markets Close Higher Despite Omicron Concerns
Major stock market indices in the United States closed Monday's session with sharp gains with the Dow Jones Industrial Average rising over 640 points despite the concerns over the spread of [...]Boeing 737 Max Cleared to Fly in China
Chinese authorities have cleared the Boeing 737 MAX to resume flying in China, after making a series of safety adjustments. A directive from the Civil Aviation Administration of China (CAAC) [...]Nissan Plans 50% Electric Vehicle Sales By 2030, Invests $17.6 Billion
Japanese automaker, Nissan has announced plans for half its global sales to be electric or hybrid vehicles by 2030, and is to invest around $17.6 billion over the next five [...]New Omicron Variant Prompts Rwandair Angola to Halt Flights to Southern Africa
The Angolan government has announced the suspension of flights to South Africa, Namibia, Botswana, Lesotho, Zimbabwe, Eswatini and Tanzania, due to the emergence of a new COVID-19 variant, known as [...]Nasdaq Listed Papa John's International to Open 60 restaurants in Kenya and Uganda
Nasdaq listed Papa John's International has announced its expansion into Sub-Saharan Africa with plans to open 60 restaurants in Kenya and Uganda, with four of these restaurants planned to open [...]India Unveils Bill Seeking to Ban Cryptocurrency
India has announced plans to introduce a bill to ban private cryptocurrencies and instead, create a framework for a central bank-backed digital currency. India’s crypto market has boomed since the [...]Edelman Kenya Appoints Corazon Wandimi, a PR Expert, as its New MD
Edelman Africa communications consultancy, has announced the appointment of a new Managing Director, Corazon Sefu Wandimi, to its Kenya Office. Edelman is the largest global communications firm with 66 offices [...]
Kenya Targets to Raise KSh 106 Bn in Fifth Eurobond Issue
Kenya will take up a fifth sovereign bond (Eurobond) targeting KSh 105.6 billion in the next fiscal year, with the National Treasury indicating plans to float its first green bond. [...]
