Knight Frank: Self-Made Wealth Reshapes Kenya’s HNWI Investment Landscape in 2025
Self-made wealth is increasingly driving investment decisions among Kenya’s High Net-Worth Individuals (HNWIs) in 2025. This is according to the…
Category: Business / Finance
UK Unemployment Hits Highest Since 2021
Analysts said the data would likely see the Bank of England cut its key interest rate a further two times this year, having reduced borrowing costs twice already in 2025.
Nissan Posts $4.5 Billion Annual Net Loss, Says to Cut 20,000 Jobs
Nissan reported a net loss of 671 billion yen for 2024-25 but did not issue a net profit forecast for the financial year that began in April. It did say, however, that it expects sales of 12.5 trillion yen in 2025-26.
Emirates Airline Group Announces Record $6.2 bn Gross Profit
The 18 percent rise in profit, based on strong customer demand, slimmed to $5.6 billion after the UAE’s recently introduced corporate tax, which was applied for a full financial year for the first time.
Trump Signs Executive Order to Cut NPR, PBS Public Funding
US President Donald Trump signed an executive order on Thursday seeking to cut public funding for NPR and PBS, accusing the news outlets of being biased.
Meta Releases Standalone AI App, Competing With ChatGPT
The new application also replaces Meta View as the companion app for Ray-Ban Meta smart glasses, allowing conversations to flow between glasses, mobile app and desktop interfaces, the company said.
Government of Kenya suspends all forms of gambling advertisement for 30 days
The government of Kenya has suspended all gambling advertisements and testimonials across all media platforms for 30 days. On Tuesday,…
Spotify Pays $100 Million to Podcasters in First Quarter
The payout includes ad-based revenue and audience-driven earnings from Spotify Premium video engagement, allowing creators to monetize their content across multiple formats.
Trump claims China’s Xi Called him on Tariffs
US President Donald Trump has insisted Chinese leader Xi Jinping called him despite Beijing denials of any contact between the two countries over their bitter trade dispute.
Nissan Announces Accelerated China Push
At industry show Auto Shanghai, the group announced an investment of 10 billion yuan ($1.4 billion) into China, and said it would increase the number of new models it planned to launch by summer 2027 to 10, up from eight.
