US to Temporarily Lift Travel Ban to 8 African Countries on December 31
US President Joe Biden issued a proclamation that will lift an earlier travel ban to 8 African countries, citing that travel restrictions are no longer necessary to protect the public [...]
US stocks Mixed on Tuesday
The major stock markets in the United States closed mixed on Tuesday with the Dow Jones Industrial Average closing 0.29% higher as Walt Disney Company gained 1.57%. The Nasdaq 100 [...]US Markets Surge to Record ahead of holiday
The US stock markets posted strong gains on Thursday's session ahead of a long weekend. The Dow Jones Industrial Average rose 0.55%, the Nasdaq 100 was up 0.79% while the [...]
Kenya to float New Eurobond before end of 2021
Kenya has written to the International Monetary Fund(IMF) indicating its intention to float a new Eurobond before the end of this year. In a Memorandum of Economic and Financial Policies [...]
Bollore Receives USD 6.43 Billion Offer from MSC to Buy its African Assets
Bollore African Logistics, owned by French magnate Vincent Ballore, has received an offer worth US$ 6.43 Billion for his African logistics assets from Mediterranean Shipping Company(MSC), a Swiss-Italian company based [...]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 [...]
