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Category: Business / Finance

Honda and Nissan Expected to Begin ,Merger Talks
Business / Finance Development International

Honda and Nissan Expected to Begin ,Merger Talks

Wadh KassimDecember 23, 2024

Honda and Nissan — Japan’s number two and three automakers after Toyota — are aiming to finalise a merger deal in June 2025, several media outlets said.

De Gaulle’s Watch Auctioned for More Than 500,000 Euros
Business / Finance Development International People

De Gaulle’s Watch Auctioned for More Than 500,000 Euros

Mwanzo EditorDecember 17, 2024December 18, 2024

The 537,920-euro ($564,000) sale price on Monday evening set a worldwide record for a watch by 150-year-old French brand LIP.

US Stocks Mostly Rise, Bitcoin Hits New Record
Business / Finance International

US Stocks Mostly Rise, Bitcoin Hits New Record

Mwanzo EditorDecember 16, 2024December 17, 2024

Wall Street shares mostly rose Monday ahead of an expected US interest-rate cut later this week while concerns over political…

Gov’t Has Generated 200,000 Job Opportunities Through Affordable Housing Project: Ruto
Business / Finance Development Kenya

Gov’t Has Generated 200,000 Job Opportunities Through Affordable Housing Project: Ruto

Mwanzo EditorDecember 16, 2024December 17, 2024

The Head of State added that the scale of ongoing and future projects under the Affordable Housing Programme, promises millions of additional jobs for Kenyans which is a means of fostering inclusivity and fairness while giving lower-income families and workers access to affordable housing

US Firms Up $6.2 Billion Micron Funding to Boost Chipmaking
Business / Finance Development International Science & Tech

US Firms Up $6.2 Billion Micron Funding to Boost Chipmaking

Wadh KassimDecember 10, 2024

The Micron investment helps bring development and production of advanced memory semiconductor technology to US shores, said Commerce Secretary Gina Raimondo.

Bitcoin Hits $100,000 For First Time
Business / Finance International

Bitcoin Hits $100,000 For First Time

Wadh KassimDecember 5, 2024December 5, 2024

The cryptocurrency soared through the mark to a peak of $103,800, having enjoyed a blistering rally since the November 5 election of Trump, who pledged on the campaign trail to make the United States the “bitcoin and cryptocurrency capital of the world”.

China Lifts Final Bans on Australian Red Meat as Trade Row Nears End
Business / Finance Food Security International

China Lifts Final Bans on Australian Red Meat as Trade Row Nears End

Wadh KassimDecember 3, 2024

Red meat and lobster were the last two commodities subject to some form of barrier or export ban.

Trump Says Will ‘Block’ Nippon Steel From Taking Over US Steel
Business / Finance International

Trump Says Will ‘Block’ Nippon Steel From Taking Over US Steel

Wadh KassimDecember 3, 2024

US President-elect Donald Trump on Monday said he would “block” a planned takeover of US Steel by Japanese company Nippon Steel, a deal worth $14.9 billion including debts.

Kenyans To Face Additional Salary Deductions From February 2025
Business / Finance Kenya People

Kenyans To Face Additional Salary Deductions From February 2025

Wadh KassimNovember 29, 2024

The new deductions will see employees and employers each contributing up to Ksh4,320 monthly, a significant increase from the current Ksh2,160.

Kenya-US MoU Signed For Labour Standards Enhancement
Business / Finance Kenya

Kenya-US MoU Signed For Labour Standards Enhancement

Mwanzo EditorOctober 28, 2024November 18, 2024

The MoU focuses on addressing issues such as forced labour, workplace grievance handling, and improving worker organizations’ engagement with employers and the government

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