Susan Ogeno’s city backyard is breathtaking. In a city that is rapidly becoming a concrete jungle,…
Category: Business
JetBlue, Spirit Ending $3.8 Billion Merger Plan After Federal Judge Blocked Deal
The Justice Department sued to block the merger last year, saying it would reduce competition and…
Apple hit with landmark $2 billion EU antitrust fine
The European Union has fined Apple €1.84 billion ($2 billion) for breaking its competition laws. The…
Top US investor sells 600m Safaricom shares in dividend protest
An American multinational investment management firm is selling millions of shares held in Safaricom in protest…
US allows China to boost passenger flights to 50 per week as summer travel season nears
Washington will allow Chinese airlines to further increase their direct passenger flights to the United States,…
Senators urge Biden to end duty-free treatment for packages valued at less than $800
Two U.S. senators looking to crack down on the number of packages from China that enter the country…
Banks ditch crypto assets for central bank digital currencies
African banks are abandoning plans to invest in crypto assets or use the technology, dealing a blow…
Financial crime watchdog adds Kenya to ‘grey list’
FATF puts Kenya on money laundering ‘grey list’. Kenya has again been put under high watch…
Nigeria’s currency has fallen to a record low as inflation surges. How did things get so bad?
Nigerians are facing one of the West African nation’s worst economic crises in years triggered by surging inflation,…
China’s homegrown passenger jet makes international debut
Beijing’s C919 airliner, a potential rival to Western-made Boeing and Airbus planes, made its first foray…