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June 8, 2025
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EDITOR'S PICK
Alibaba offers two insights into China economy Alibaba offers two insights into China economy
2 min read
  • Business / Finance

Alibaba offers two insights into China economy

January 28, 2016 461
Alibaba is benefiting from China’s shift towards a consumer economy. The e-commerce group’s earnings in the last...
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Russians want to talk to OPEC about output, pipeline chief says
5 min read
  • Business / Finance

Russians want to talk to OPEC about output, pipeline chief says

January 27, 2016 474
Russian officials have decided they should talk to Saudi Arabia and other OPEC countries about output cuts...
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European shares recover after late rally in oil European shares recover after late rally in oil
2 min read
  • Business / Finance

European shares recover after late rally in oil

January 27, 2016 514
LONDON, Jan 27 European shares recovered to finish slightly higher on Wednesday as a late surge in...
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Nikkei soars to near 2 week high on Wall St gains; FOMC eyed
1 min read
  • Business / Finance

Nikkei soars to near 2 week high on Wall St gains; FOMC eyed

January 27, 2016 506
Jan 27 Japan’s Nikkei rose to a near two-week high on Wednesday after Wall Street rebounded, while...
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Wall Street turns red after Fed fails to impress
2 min read
  • Business / Finance

Wall Street turns red after Fed fails to impress

January 27, 2016 463
Wall Street dropped on Wednesday after the U.S. Federal Reserve frustrated investors hoping for a strong sign...
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Fed keeps interest rates steady, closely watching global markets Fed keeps interest rates steady, closely watching global markets
3 min read
  • Business / Finance

Fed keeps interest rates steady, closely watching global markets

January 27, 2016 503
The Federal Reserve kept interest rates unchanged on Wednesday and said it was “closely monitoring” global economic...
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Agriculture stocks chalk up huge price swings at the bourse Agriculture stocks chalk up huge price swings at the bourse
2 min read
  • Business / Finance

Agriculture stocks chalk up huge price swings at the bourse

January 27, 2016 620
Agriculture stocks recorded the most significant price movements on Nairobi Securities Exchange Wednesday as small caps continued...
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Remittances hit Sh154bn last year, easing pressure on falling shilling Remittances hit Sh154bn last year, easing pressure on falling shilling
2 min read
  • Business / Finance

Remittances hit Sh154bn last year, easing pressure on falling shilling

January 27, 2016 466
Cash remittances from Kenyans working abroad rose 9.3 per cent last year cushioning the shilling from further...
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Apple sees first sales dip in over a decade as super-growth era falters Apple sees first sales dip in over a decade as super-growth era falters
2 min read
  • Business / Finance

Apple sees first sales dip in over a decade as super-growth era falters

January 27, 2016 675
Apple Inc forecast its first revenue drop in 13 years and reported the slowest-ever increase in iPhone...
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Rising apartments supply stabilise prices in the Nairobi homes market Rising apartments supply stabilise prices in the Nairobi homes market
2 min read
  • Business / Finance

Rising apartments supply stabilise prices in the Nairobi homes market

January 27, 2016 556
House prices have only increased marginally in the last three quarters thanks to new dominance by apartments,...
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