McDonald’s posts first sales decline in 13 quarters
McDonald's reported a surprising one per cent decline in global comparable sales for the second quarter, marking…
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China breaks records with $14b in offshore convertible bonds
Chinese major companies have set a new record in the offshore convertible bond market by raising $14 billion in…
Kenya’s shilling steady vs USD
Kenya's shilling held steady against the dollar on Monday, trading at 128.50/129.50, unchanged from Friday's close,…
European stocks rise on tech ahead of ECB meeting
European shares climbed on Thursday, driven by gains in technology stocks, as investors awaited the European…
India, Egypt primary destinations for Russian fuel oil in April
India and Egypt were primary destinations for Russian seaborne fuel oil and vacuum gasoil (VGO) exports in April.
Oil India beats Expectations, profits up
State-owned oil explorer Oil India announced a robust financial performance for the fourth quarter, buoyed by…
Zambia’s currency plunges to historic low vs USD
Zambia's kwacha plunged to a historic low against the US dollar On Wednesday, hitting 27.30, a manifestation of…
US stock futures rise after Fed holds rates steady
US stock index futures advanced on Thursday, buoyed by the Federal Reserve's decision to maintain interest rates…
Bitcoin hits new record over $70k
Bitcoin, the world’s largest cryptocurrency, reached a new all-time high of over $70,400 on Monday, continuing its…
Bank of Uganda raises key rate by 50 basis points
Bank of Uganda increased its primary lending rate by 50 basis points to 10.00 per cent on Wednesday attributing the…
