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Category: Business / Finance

Most USAID workers to be fired or placed on leave
Business / Finance International

Most USAID workers to be fired or placed on leave

Mwanzo EditorFebruary 24, 2025February 24, 2025

Around 1,600 workers based in the United States will be laid off in a “reduction-in-force” effort, according to a notice on the US Agency for International Development’s website.

CAK Approves Metal Cans & Closures Acquisition Of Assets From Nampak Kenya
Business / Finance East Africa Kenya

CAK Approves Metal Cans & Closures Acquisition Of Assets From Nampak Kenya

Wadh KassimFebruary 11, 2025

The deal will see Metal Cans and Closures Kenya Limited expand its business by venturing into the production of food cans, crown caps, and shoe polish containers.

Nokia names Intel’s AI head to replace CEO
Business / Finance International Science & Tech

Nokia names Intel’s AI head to replace CEO

Mwanzo EditorFebruary 10, 2025February 11, 2025

Lundmark, who has served as Nokia’s CEO since 2020, will leave his position on March 31 and Hotard will take over the next day, the company said in a statement.

Former US President Biden Signs With Talent Agency CAA
Business / Finance

Former US President Biden Signs With Talent Agency CAA

Wadh KassimFebruary 4, 2025

Joe Biden has signed with the powerhouse talent agency CAA, joining its star-studded ranks of Hollywood actors and sports legends as the former US president explores what comes after the White House.

Apple Blasts Porn App for iPhones in Europe
Business / Finance International

Apple Blasts Porn App for iPhones in Europe

Wadh KassimFebruary 4, 2025

The App Store does not allow porn — but the Hot Tub app is offered on AltStore PAL, one such alternative marketplace.

Bitcoin Hits Record Above $109,000 Ahead of Trump’s Inauguration Ceremony 
Business / Finance International Politics

Bitcoin Hits Record Above $109,000 Ahead of Trump’s Inauguration Ceremony 

Mwanzo EditorJanuary 20, 2025January 20, 2025

Bitcoin surged to reach an all-time peak of $109,241 ahead of Trump’s inauguration ceremony, before falling back to $107,765 at around 0740 GMT.

Thousands across Gaza celebrate ceasefire deal
Business / Finance International Middle East War & Conflicts

Thousands across Gaza celebrate ceasefire deal

Mwanzo EditorJanuary 16, 2025

Hamas sparked the war in Gaza by staging the deadliest-ever attack on Israel on October 7, 2023, resulting in the deaths of 1,210 people, mostly civilians

TikTok calls report of possible sale to Musk’s X ‘pure fiction’
Asia Business / Finance Central and South America International North America People Science & Tech

TikTok calls report of possible sale to Musk’s X ‘pure fiction’

Mwanzo EditorJanuary 14, 2025

Bloomberg News had earlier reported that Chinese officials were considering selling the company’s US operations to Musk’s social media platform X.

Electric Car Sales Fall By 27.4% in Germany in 2024
Business / Finance Development Science & Tech

Electric Car Sales Fall By 27.4% in Germany in 2024

Wadh KassimJanuary 7, 2025

Overall, some 2.8 million new vehicles were registered in Europe’s largest car market in 2024, one percent fewer than in the previous year, the KBA federal transport authority said.

Business / Finance International

Malaysia Airlines Grounds New Airbus Jet Over Safety Concerns

Wadh KassimDecember 23, 2024

Malaysia Airlines has grounded its new Airbus A330neo jet just days after its maiden flight because of technical issues, local…

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