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Kenya Airways has welcomed the Federal Aviation Administration's (FAA) decision to clear Kenya to operate direct flights to and from the United States of America.

The sharp drop in share prices of banking stocks pushed the Nairobi Securities Exchange (NSE) to a seven-year low, the capital markets regulator says.

Revaluations of assets in South Sudan and a build-up of bad loans in Kenya contributed to cutting Stanbic Bank Group's profits by 10 per cent.

Source: UN Office for the Coordination of Humanitarian Affairs Country: Cameroon, Chad, Denmark, Finland, France, Germany, Ireland, Italy, Japan, Luxembourg, Netherlands, Niger, Nigeria, Norway, Republic of Korea, Sweden, SwitzerlandHumanitarian partners agreed to further scale up their response to reach the most vulnerable groups threatened by famine, including children with severe acute ...

[Focac] BRICS countries should make joint efforts to maintain the openness of global economies and oppose trade protectionism amid worldwide economic sluggishness, China's top diplomat said on Thursday.

[Monitor] Kampala -A visiting Indian business delegation led by vice president Mohammed Ansari have been urged to mobilise more investments to Uganda.

The dollar dropped below ¥113 in Tokyo trading on Friday, coming under selling pressure after U.S. Treasury Secretary Steven Mnuchin reportedly warned against a strong dollar. At 5 p.m., the dollar stood at ¥112.71-72, down from ¥113.23-24 at the same time Thursday. The euro was at $1.0597-0597, up from $1.0552-0552, ...

Stocks retreated further on the Tokyo Stock Exchange Friday, dragged down by the yen’s rise after comments from U.S. Treasury Secretary Steven Mnuchin were taken as a warning against a higher dollar. The 225-issue Nikkei average shed 87.92 points, or 0.45 percent, to finish at 19,283.54, extending its losing streak ...

China for the first time became Germany’s most important trading partner in 2016, overtaking the United States, which fell back to third place behind France, data showed on Friday. German imports from and exports to China rose to €170 billion ($180 billion) last year, Federal Statistics Office figures reviewed by ...

Toshiba Corp. will explore Chapter 11 bankruptcy for U.S. nuclear power unit Westinghouse Electric Co. among options to rebuild the business while using proceeds from the sale of its mainstay chip business to continue operating it, sources close to the matter said Friday. Toshiba said earlier this week it expects ...