Oil Prices Slip Amidst Growing Concerns on Stockpiles and COVID-19 Vaccine
Oil pricesfell on Tuesday, extending declines for a third day, as concerns about rising stockpiles in the United States added to the threat to demand posed by countries including Germany [...]
Kenyan Mangoes to re-enter EU in September as fruit fly is suppressed
Kenya will resume its mango exports to the European Union (EU) in September this year. This follows the EU's tests, which showed low fruit fly infestation levels, allowing Kenya's re-entry [...]
AerCap Buys GE’s Aircraft Leasing Unit for $30 Billion
The world's largest aircraft leasing company, AerCap, has bought the aircraft leasing business of General Electric, a deal worth more than $30 billion. The deal includes about $24 billion in [...]
BAT Buys £126 Million Stake in OrganiGram
British American Tobacco (BAT) has announced plans to buy a 19.9% equity stake in the Canada-based cannabis producer, OrganiGram, for about £126 million ($176 million), even as the company seeks [...]Tesla Model Y Sales pick up in China
Tesla Inc, a US-based electric vehicle maker, has reported its Chinese-made Tesla’s Model Y sales picking up in China less than three months since deliveries began. According to figures from [...]UK-Kenya Trade Deal finally ratified by both countries
The Kenya-UK post-Brexit trade agreement has received approvals from lawmakers of both countries, ending months of anxiety between the business community in Kenya and the UK. When the trade deal [...]Global Markets; US Stocks Hit Record as House Approves $1.9 trillion Stimulus Bill
US stocks closed Wednesday's session higher with the Dow Jones Index rising more than 460 index points to reach another record high at the close following the passing ofthe stimulus [...]Oil Prices Slip Before U.S Inventories EIA Data
Oil pricesfell for a third straight session on Wednesday as investors took profits while looking ahead to U.S. inventories data due later in the day for pointers on where prices [...]US Markets Trade Higher Ahead of House Vote on $1.9 Stimulus Bill
Wallstreet The US stock market was mixed on Monday's trading session with the Dow Jones rising over 0.97% to hit a record while the Nasdaq 100 fell by nearly 3% [...]Ripple ends MoneyGram Partnership Amid SEC Lawsuit
Ripple, the blockchain payment firm, said on Monday 8th March the it would end its 2 year partnership with MoneyGram International Inc, the money transfer services company. The partnership had [...]PayPal Set to Acquire Cryptocurrency Firm, Curv
US-based online payments system, PayPal Holdings, has announced plans to acquire the cryptocurrency firm Curv, seeking to improve its talent pool for handling digital currencies. Although the company did not [...]Bolt Lands $24 Million from IFC for Expansion
Ride-hailing company, Bolt, has received €20 million ($24 million) from the International Finance Corporation (IFC), a World Bank division. The funding seeks to enable the company to further expand across [...]
