CGTN
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Markets
Stocks, euro and oil stocks all tumble in Monday trading
Global stocks tumbled Monday after last week’s ugly close in the U.S. when the New York-based Dow Jones industrial average…
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Corporate
Tesla revenue up by Ksh.2.1 trillion in Q1
Tesla reported first-quarter earnings for 2022 and beat analysts’ expectations on the top and bottom lines. Shares rose as high…
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Commodities
Italy to drop gas dependence on Russia with Africa as substitute
Italian ministers are in central Africa in an urgent quest for new energy deals as Italy scrambles to break away…
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Economy
Port of Mombasa records high transshipment traffic over delays in Tanzania
East Africa’s largest and Kenya’s Port of Mombasa is experiencing substantive transshipment business as more ships evade berthing delays and…
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Markets
Uber suspends operations in Tanzania indefinitely over price regulations
Ride-hailing company Uber has suspended its operations in Tanzania indefinitely following the imposition of a “fare guide” imposed by the…
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Commodities
Oil price up 1.3% to over Ksh.13,000 a barrel amid Libya outages
Oil prices rose on Monday as reports of outages in Libya intensified concerns about oversupply risks. The West Texas Intermediate…
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Economy
World Bank narrows economic growth for 2022 to 3.2%
World Bank is narrowing the global economic growth for 2022 from 4.1 percent to 3.2 percent, World Bank Group President…
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Regions
Easter holiday bus crash in eastern Zimbabwe killing 35 people
A bus carrying worshippers traveling to an Easter pilgrimage in mountainous eastern Zimbabwe plunged into a gorge, killing 35 people…
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Regions
“I love you,” says Elon Musk as he offers to buy Twitter for Ksh.4.7 trillion
Elon Musk has offered to buy Twitter for about Ksh.4.7 trillion ($41 billion) in cash, saying the social media company…
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Economy
US inflation up 8.5% in March, highest rate since 1981
Equity markets in Europe and New York fell Tuesday following another report showing red-hot U.S. inflation, while oil prices pushed…
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