Beijing overtakes New York as new ‘billionaire capital’
By BBC
Beijing has overtaken New York as the city with the highest number of billionaires for the first time, a new report by China-based...
China increasingly reduces dependency on coal power energy
By Eric Biegon in Inner Mongolia, China
China is increasingly reducing its dependency on coal power energy, instead, growing its renewable energy sources.
Construction of...
Snap shares plunge 14% as losses mount
Snap shares plunged 14% on Thursday after the social media firm reported more than $400m (£310m) in quarterly losses and fewer than expected users.
The...
Standoff between Burundi, EU delays signing of EPA
A standoff between Burundi and the European Union (EU) over political sanctions is set to further delay the signing and ratification of the Economic...
Dollar hits seven-month high, stocks set for weekly rise
By Reuters.
Global stocks were set for their first weekly gain in four weeks on Friday and the dollar rose to its highest since March,...
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...
Fuel test fears hit Mitsubishi shares
By BBC
Shares in Mitsubishi Motors have fallen more than 15% after the Japanese car maker said an unspecified number of its cars had failed...
As Samsung’s profit surges, some investors worry about peaking growth
By Reuters
Even as Samsung Electronics Co Ltd (005930.KS) is poised to deliver a surge in earnings to an all-time high this year, some investors...
Audi manager arrested in emissions probe
By BBC
German authorities have arrested an Audi manager in connection with the VW diesel scandal.
This is the first arrest in Germany related to Volkswagen's...
BA owner IAG’s profits hit by weak pound
By BBC
Airline group IAG, which owns British Airways and Iberia, has reported a rise in profits despite being affected by last year's fall in...
