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Rwandan-backed armed group M23 has declared a humanitarian ceasefire in the eastern Democratic Republic of Congo (DRC), a region long plagued by war and instability. The announcement comes just days before a critical crisis meeting between Congolese President Félix Tshisekedi and Rwandan President Paul Kagame, set to take place in Tanzania. The ceasefire, set to […]
Nokia has secured a significant multi-year expansion agreement with U.S. telecom giant AT&T to upgrade its voice carriage and 5G network automation. This deal underscores Nokia’s commitment to maintaining a strong foothold in the U.S. telecom sector after facing a major setback in 2023 when it lost a critical $14 billion contract to its Swedish […]
Nintendo has reduced its full-year sales forecast for its flagship gaming console, the Nintendo Switch, in response to declining demand as the company prepares to introduce its next-generation device. The gaming giant announced that it expects to sell 11 million Switch units in the current fiscal year, marking a 12% reduction from its previous forecast. […]
In a glimmer of hope for British consumers, UK grocery inflation showed signs of easing in January, offering some relief to household budgets after months of relentless price hikes. According to industry data released by market researcher Kantar, annual grocery price inflation fell to 3.3% in the four weeks leading up to January 26, down […]
The US dollar has gained momentum on Tuesday, following the imposition of new tariffs by the Trump administration on Chinese goods, setting off a chain reaction in global markets. As Washington’s economic moves on Beijing come into play, swift retaliation from China has led to a sharp decline in both the Chinese yuan and the […]
In a notable development for the Kenyan economy, the country’s currency, the shilling, firmed marginally against the US dollar on Tuesday, marking a positive shift for the East African nation’s financial markets. According to data from the London Stock Exchange Group (LSEG), at 1305 GMT, the shilling was quoted at 128.85/129.35 against the dollar, up […]
Nigeria’s largest labour union, the Nigeria Labour Congress (NLC), has made a significant move by suspending its planned nationwide protest against a 50% hike in telecommunications tariffs, following an agreement to enter talks with the government. This comes after a week of escalating tensions between the union, which represents millions of workers across the country, […]
In a decisive move that signals deepening tensions between the world’s two largest economies, China has unveiled a series of countermeasures against major U.S. firms, including Google, leading agricultural equipment manufacturers, and the parent company of Calvin Klein. This announcement came just minutes after Washington imposed a fresh wave of tariffs on Chinese imports, intensifying […]
In a historic and controversial move, U.S. Secretary of State Marco Rubio has announced that El Salvador has agreed to accept deportees from the United States of any nationality, including violent American criminals currently serving sentences in U.S. prisons. This revelation marks a dramatic shift in global immigration policies and has sparked intense debate among […]
China has fired back against the Trump administration’s latest tariffs, implementing a series of countermeasures targeting key American industries, including coal, liquefied natural gas, and major technology firms such as Google. The move comes just hours after the U.S. imposed a fresh 10% tariff on Chinese goods, reigniting tensions between the world’s two largest economies […]
