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UK PM Johnson admitted to hospital for surgery
The United Kingdom Prime Minister Boris Johnson has been admitted to hospital for a minor and routine operation on his…
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IMF officials in debt-stricken Sri Lanka for bailout talks
A nine-member International Monetary Fund (IMF) team began bailout talks on Monday in Sri Lanka’s capital with officials, including Prime…
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Qatar Airways posts record Ksh.180.8 billion profit despite pandemic
Qatar Airways on Thursday posted a record net profit of Ksh.180.8 billion for the 2021-2022 financial year. The air carrier…
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Bank of England raises interest rate to 1.25%
The Bank of England (BoE), the central bank of the United Kingdom, on Thursday, raised its benchmark interest rate by…
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U.S. Fed raises benchmark rate by 0.75, biggest hike since 1994
The United States Federal Reserve announced the most aggressive interest rate increase in nearly 30 years, raising the benchmark borrowing…
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Major crypto lender freezes withdrawals as markets tumble
Major U.S. cryptocurrency lending company Celsius Network on Monday froze withdrawals because of “extreme market conditions,” in the latest sign…
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U.S. inflation rises to 8.6% year on year in May
The U.S. Labor Department on Friday reported that the consumer price index rose to 8.6% in May from the same…
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South Africa’s oldest private airline, Comair, permanently grounded
Comair, South Africa’s oldest private airline, will stop operations permanently after its bankruptcy protection lawyers filed an application to liquidate…
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U.S steps up efforts to deter Russia’s invasion of Ukraine as world stares at food crisis in years
The United States is stepping up efforts to deter Russia’s invasion of Ukrane three months on, a situation that has…
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Ugandan school listed among 10 best learning institutions globally
Ugandan school, Project Shelter Wakadogo, has been named as one of the top 10 schools globally by World’s Best School…
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