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Treasury Secretary nominee Steven Mnuchin told lawmakers the long-term strength of the U.S. dollar is important and said President-elect Donald Trump’s comments that the currency was too high weren’t meant as a longer-run policy. The dollar’s “long-term strength — over long periods of time — is important,” Mnuchin said in ...

Alibaba Group Holding Ltd.’s deal to sponsor the Olympic Games through 2028 is said to be worth $800 million, according to a person familiar with the matter. The agreement, the biggest in the Olympic movement’s history, would help the Chinese e-commerce giant gain exposure across the world, putting it on ...

If your job involves inputting reams of data for a company, you might want to think about retraining in a more specialized field. Or as a plumber. After industrial robots and international trade put paid to many manufacturing jobs in the West, millions of white-collar workers could now be under ...

Facebook co-founder Mark Zuckerberg has launched a raft of lawsuits that could see the U.S. billionaire secure full ownership of his island hideaway from local Hawaiian families who retain rights over the land dating back generations. Documents filed on Dec. 30 in the Hawaii State circuit court — and reported ...

The dollar moved slightly below ¥115 in late Tokyo trading on Friday as a wait-and-see mood prevailed ahead of Donald Trump’s inauguration as U.S. president. At 5 p.m., the dollar stood at ¥114.78-80, against ¥114.82-83 at the same time Thursday. The euro was at $1.0673-0673, up from $1.0641-0641, and at ...

Focus is shifting to small businesses in efforts to save the dwindling fortunes of the Nairobi bourse as the Capital Markets Authority announces a drive to list more firms.

Luxury five-star hotel Villa Rosa Kempinski has unveiled a new general manager as it gears up for Kenya's electioneering period, which is expected to affect the hospitality industry.

Telkom Kenya is on the spot for exaggerating its subscriber base by nearly double, according to an audit by the industry regulator.

The airline said the new service was informed by a market research that identified Sydney and Melbourne, in Australia, as key markets for Kenyan flowers.

The firm has also announced it will operate express trains to be known as intercity trains between Nairobi and Mombasa, with the journey between the two cities expected to take four hours.