Kenya power cuts: Airports boss sacked as tourists left stranded

Many homes are without electricity since Friday and Nairobi's main airport was plunged into darkness.

2023-08-26 23:20

Alibaba Begins Overhaul to Revive Cloud Arm After Nixing Spinoff

Alibaba Group Holding Ltd. is taking the first steps toward revamping its cloud business by overhauling its leadership,

2023-11-24 17:47

Airbnb forecasts fourth-quarter revenue below estimates on demand slowdown

By Priyamvada C and Doyinsola Oladipo (Reuters) -Airbnb forecast fourth-quarter revenue slightly below Wall Street estimates on Wednesday, as tourists

2023-11-02 05:55

Panama Canal maintenance work aims to extend its life by a century

From their vantage point in cranes overlooking the Panama Canal, operators scrutinize the century-old walls of one of its locks as the high-pitched siren of...

2023-05-14 09:55

Traders Brace for Volatility With US Debt Deal Still Elusive

Investors are girding for spikes in currency volatility and losses in equities should US lawmakers struggle to clinch

2023-05-21 22:27

Tech-Heavy China Stock Index Hits Three-Year Low as Bets Unravel

China’s tech-heavy ChiNext gauge fell 1.6% on Wednesday to a three-year low, with euphoric bets on everything from

2023-06-08 08:27

Chinese EV maker Nio raises $1 billion in convertible bond deal

By Scott Murdoch SYDNEY Chinese electric vehicle maker Nio Inc said on Wednesday it had raised $1 billion

2023-09-20 08:50

South Korea consumer sentiment climbs for fifth month

SEOUL South Korean consumers' sentiment improved for a fifth consecutive month to a 15-month high in July, with

2023-07-26 05:23

Blackstone, Airbnb to Join S&P 500 After Index Rebalancing

Private equity giant Blackstone Inc. is the latest addition to the S&P 500 Index, the first alternative asset

2023-09-02 06:18

Nokia plans to cut up to 14,000 jobs after sales and profits plunge in a weak market

Telecom gear maker Nokia says it's planning to cut up to 14,000 jobs worldwide, or 16% of its workforce, as part of a push to reduce costs following a plunge in third-quarter sales and profit

2023-10-19 17:17

With Berlusconi gone, business empire faces succession question

With Silvio Berlusconi gone, the spotlight turns to a potential succession drama as his heirs inherit the controlling stake of the late...

2023-06-14 03:29

U.S. pending home sales fall more than expected in August

By Amina Niasse NEW YORK Contracts to buy U.S. existing homes fell more than expected in August, tumbling

2023-09-28 22:24