Gucci Owner Kering Sees Net Profit Plunge, Sales Drop
Kering has struggled to turn things around at Gucci, the Italian fashion house famous for its handbags, and in March it wooed the Georgian designer Demna to take over as artistic director.
Category: Business / Finance
Musk Merges xAI into SpaceX in Bid to Build Space Data Centers
Musk wrote on the SpaceX website Monday that the merger further entwining his business interests would create “the most ambitious, vertically-integrated innovation engine on (and off) Earth”.
Kenya’s Forex Market Booms as USD 9.6 Trillion Opportunity Unlocked
Kenya’s forex market is experiencing unprecedented growth, with over 100,000 active retail traders and a daily trading volume of USD 9.6 trillion, a 28% increase since 2022.
Dollar halts descent, gold keeps climbing before Fed update
The dollar had seen a sharp sell-off Tuesday fuelled by US President Donald Trump’s suggestion that he was happy with the currency’s recent decline, which saw it fall to a four-year low against the euro.
Liberty Kenya Joins United Nations Global Compact to Advance Responsible Business and Ethical Governance
Liberty Kenya has officially joined the United Nations Global Compact, the world’s largest corporate sustainability initiative, marking a significant step in strengthening the integration of responsible business practices across its operations.
Mercedes Unveil 2026 F1 Car for New 2026 Rules
The team released digital images of their new W17 car on Thursday, describing the 2026 season as “the biggest technical shake-up in the sport’s history”.
China offers extensive free-trade deal to Kenya
The deal will allow for 98.2 percent of Kenyan goods to enter China without import taxes, notably eliminating tariffs on its crucial agricultural exports,
Boeing sells 50 737 MAX jets to leasing group ACG
ACG, a subsidiary of Tokyo Century Corp. based in California, now has 121 737 MAXs on order.
Kenya Commends IOM Leadership, Calls for Continued Support Amid Funding Gaps,
Kenya has praised the International Organisation for Migration (IOM) for its leadership in strengthening national and global migration governance,…
African Cities Innovation Fund Launches to Drive Collaborative Urban Solutions
The Million Lives Collective (MLC) and the Judith Neilson Foundation have joined forces to launch the African Cities Innovation Fund (ACIF), a new grant program aimed at catalyzing collaborative innovations for smart, healthy, equitable, and resilient cities in Africa.
