Toshiba predicts record $4.5bn loss

By BBC Troubled Japanese conglomerate Toshiba has said it will report a record 550bn yen ($4.5bn) annual loss as it undergoes a restructuring in the wake of an accounting scandal. The company, whose activities range from...

Nairobi, WTO talks last into the night

By KBC Reporters Negotiations at the World Trade Organisation’s 10th Ministerial Conference could see the delegates what they call “Stop the Clock” until a consensus is found. The main issues of contention are reaching an agreement...

Global displaced to hit record total

By BBC The number of forcibly displaced people worldwide will "far surpass" a record 60 million this year, the UN says. The report by the United Nations refugee agency (UNHCR) said "one in every 122 humans...

Trade information to help shape the EAC agenda

By Lillian Atieno The media has been urged to report analytical and educative information that outlines the benefits the public can exploit within the East African community. The Administration Secretary at the State Department of East...

Partnership to drive TMEA’s objective on trade

By Michael Gichuki TradeMark East Africa has signed a five-year Memorandum of Understanding with the World Customs Organization on trade facilitation in East Africa. TradeMark East Africa CEO Frank Matsaert says the new partnership will drive...

Qantas profits set to beat forecasts

By BBC Australia's Qantas has said it expects to report better-than-expected profits for the six months to December, boosted by lower oil prices and a continued focus on its revival plans. The airline forecast underlying pre-tax...

Trade between African countries lowest globally

By Ronald Owili Trade between African countries is among the lowest globally at just 16%, according to the World Trade Organization’s 2014 statistics. This is quite dismal when compared to Europe’s 69 percent, 53 percent for...

DP Ruto lauds women’s role in economy

By Stanley Wabomba Deputy President William Ruto has lauded efforts by women in building nation’s economy. Speaking at a Nairobi hotel when he officially opened the first edition of the International Forum on Women in Business...

VW cuts tally of cars hit by CO2 issue

By BBC Volkswagen has said that far fewer of its cars are affected by inaccurate carbon dioxide emissions and fuel usage measurement than it originally thought. The firm now estimates that about 36,000 of the cars...

WTO takes over running of KICC Thursday

By O'Brien Kimani Kenya will officially hand over the running of the Kenyatta International Convention Center to the World Trade Organization on Thursday. Tourism Cabinet Secretary Najib Balala says the convention center will from Thursday be...
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