US Loses 92,000 Jobs in February in Surprise Decline: Gov’t
Economists had widely expected a sharp slowdown in job growth, although not an outright decline.
Category: Business / Finance
Liberty Life Kenya and Heritage Insurance Kenya Attained AA+ Credit Ratings from Global Credit Rating
Liberty Life Kenya and Heritage Insurance Kenya, both subsidiaries of Liberty Kenya Holdings, have attained an AA+(KE) financial strength rating with a Stable Outlook by GCR, an affiliate of Moodys global rating agency.
Somaliland Pins Hopes on Critical Mineral Gold Rush
Officials in the breakaway territory of northern Somalia say there is an abundance of critical minerals in its ground, and potentially billions of barrels of oil, and they hope that Israel’s move to recognise Somaliland’s independence in December could unlock an influx of investment.
Hacker Accesses Info on 1.2 mn French Bank Accounts: Ministry
Since the end of January, the hacker used the stolen credentials of an official to access and consult “parts of the file of all of the accounts open in French banks and which contains personal data such as bank account numbers, name of the account holder, address and in certain cases the account owner’s tax number,” the ministry said in a statement.
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.
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”.
