Tag: Global Economy

An Etihad spokesperson said as the airline continues 'to focus on recovery and rebuilding its global network, it will continue ...

According to Statista, airlines worldwide have received government aid amounting to $161.9 billion as of September 2020.

Prospects for the full year remain in line with UNCTAD’s earlier projections of a 30% to 40% decrease in FDI ...

The pound has depreciated rapidly, trading at 510 SSP for $1 on the black market, while the central bank is ...

Market giant Dangote Cement Plc, which climbed 9.9%, MTN Nigerian Communications Plc, up 5.7%, and Zenith Bank Plc, which gained ...

Mr. Hansen will be based in Nairobi, Kenya.He succeeds Carlos Felipe Jaramillo who was appointed as the Vice President for ...

Kenya was ranked 115 out of 152 countries in the industrial index

Volume on U.S. exchanges was 10.32 billion shares, compared with the 11.28 billion average over the last 20 trading days.

Libya, whose ports have been blockaded since January, is trying to resume exports after the state oil firm lifted force ...

Markets in China and Hong Kong are closed on Thursday for a holiday.

While an industrial revolution was already in progress, the pandemic has accelerated the process and created even more complications for ...

Equity turnover on the Nairobi Securities Exchange closed the week lower with 84.8 Million shares valued at Kes 2.37 Billion ...

This is the lowest levels China has pegged the Yuan since the financial crisis of 2008.

One of the most successful formulas in investing in the past three decades has been `buy the dips.’ Investment advisors ...

The Dow Jones Industrial Average fell 516.81 points, or 2.17%, to 23,247.97, the S&P 500 lost 50.12 points, or 1.75%, ...

The Cboe Volatility Index, known as Wall Street’s fear gauge, ended 5.47 points higher at 33.04. It was the biggest ...

Stocks have rebounded sharply since late March from the coronavirus-fueled sell-off, helped by massive monetary and fiscal stimulus

The Dow Jones Industrial Average rose 133.33 points, or 0.56%, to 23,883.09, the S&P 500 gained 25.7 points, or 0.90%, ...

The NSE All Share Index closed at 139.69, which represented a 1-week gain of 2.88%, a 4-week gain of 5.89%, ...

Amazon stock fell about 5 percent after the company reported on Thursday that despite surging sales in the first quarter, ...

The dollar dropped against a basket of peers. The dollar index fell 0.247%, with the euro up 0.08% to $1.0837. ...

The Dow Jones Industrial Average rose 358.51 points, or 1.51%, to 24,133.78, the S&P 500 gained 41.74 points, or 1.47%, ...

The Nairobi Securities Exchange closed the week on a high note with 134 Million shares valued at Kes.4.3 Billion against ...

The sharp downward revision is driven by a massive decline in Asian economies, led by China and India which are ...

The challenge of identifying which assets will lead the rebound from the virus turmoil is the major debating point as ...

Kenyan government has less fiscal room to support the economy compared to many of its peers and the country's credit ...

The banking stocks are one of the most hit in Nairobi as stocks plummeted and have been struggling to remain ...

The week ahead will be tough on the market, it is now clear that the country will face an economic ...

Well, these types of rallies are not uncommon in periods of extreme volatility. During the height of the financial crisis, ...

As the virus spread and Kenya's reported an additional one confirmed case of the COVID-19 yesterday and also reported the ...

The first quarter of the year and the market is taking one of the greatest hit of all time. Bringing ...

In the coming week, we expect the bear run to open Monday but only for a short while. The market ...

Data from commercial banks reveal the shilling is under pressure since Tuesday when Central Bank of Kenya announced they will ...

The NSE opens this morning with a new wave on uncertainties as global markets. U.S. stocks tumbled and Treasuries surged ...

Data from Central Bank shows that the Kenya Shilling strengthened against major international and regional currencies during the week ending ...

Kenya Airways on Friday said that they had suspended all flights to and from China until further notice after the ...

Africa's most profitable airline company has announced that they will commence construction of Africa's largest airport in six months time. Ethiopian ...

Global Markets pulled back from record highs to start December, undermined by comments from U.S President Donald Trump and others ...

The International Monetary Fund is further downgrading its outlook for the world economy, predicting that growth this year will be ...