Africa’s top banks build war chest for Kenya takeover deals
– Half of Africa’s 20 largest banks are building a multi-billion-shilling war chest to expand in Kenya, racing for a share of one of East...
Category : Business
South Korea’s exports hit record $115.3 billion on chip boom
– South Korea’s exports jumped 93.7% from a year earlier to a record $115.3 billion in October, driven largely by a sharp rise in semiconductor...
Kenya bets on new coffee varieties to boost production
– Kenya is banking on new coffee varieties to boost production, improve yields and help farmers cope with climate change as it targets annual output...
Global EV registrations hit record 11 million in nine months
– Global registrations of battery-electric vehicles rose 12% in the first nine months of 2026 to a record 11 million, driven by strong growth in...
Oil prices rise as Brent climbs above $115 a barrel
– Oil prices rose on Wednesday, with Brent crude futures climbing $1.48, or 1.3%, to $115.36 a barrel by 01:40 GMT. US West Texas Intermediate...
Microsoft offers voluntary buyouts to about 60,000 employees
– Microsoft said on Monday it is offering voluntary buyouts to a wide range of employees as it balances a costly artificial intelligence infrastructure build-out...
South Korea surplus tops Germany and Japan combined in Q2
– South Korea posted the second-largest current account surplus among major economies in the second quarter, exceeding the combined surpluses of Germany and Japan. The...
Russia-Oman trade jumps 22-fold to $1.5 billion, Shoigu says
– Trade between Russia and Oman grew 22-fold in the first seven months of 2026 to reach $1.5 billion, Russian Security Council Secretary Sergei Shoigu...
Japan posts 536.6 billion yen trade deficit in September
– Japan recorded a trade deficit of 536.6 billion yen in September as imports grew faster than exports, preliminary data from the Ministry of Finance...
Korean exports double to $61.6 billion on chip shipments
– South Korea’s exports more than doubled from a year earlier in the first 20 days of October, reaching $61.6 billion on record semiconductor shipments....