Category: Economy
All News
IMF to boost Kenya with $938 million loan amid economic strains
WASHINGTON - The International Monetary Fund (IMF) has reached a staff-level agreement to augment Kenya's financial aid, providing immediate access...
CRDB Bank and Afreximbank sign $115 million investment deal
DAR ES SALAAM - In a significant move to bolster investments in key economic sectors, CRDB Bank and the African...
Citibank leads in real-time payment services as digital banking evolves
NEW YORK - As the financial industry continues to evolve, a recent report highlights the growing importance of quality digital...
Popular food brand faces ‘going concern,’ bankruptcy risk
A brand that once seemed quite special has been crushed by growing competition...
Analysis-Argentina’s Peronists seek rebirth from ashes of economic crisis
3/3 © Reuters. FILE PHOTO: Argentina's Economy Minister and presidential pre-candidate Sergio Massa speaks during an event at the CGT...
Celebrity-backed beauty brand caught up in Chapter 11 bankruptcy
In this case, a big-name singer has shown that just having a huge social media following is not enough, but...
Top investors warn of prolonged high interest rates and economic instability
Leading financial figures have raised concerns about the potential for continued high-interest rates and the resulting economic instability. At an...
Luxury executive indicates trouble in paradise that could spell problems for the economy
A Richemont executive issues a warning about the economy while reporting the company’s third-quarter earnings...
Peru central bank signals possible third straight quarter of GDP contraction
© Reuters. A general View shows San Isidro financial district through a window, in Lima, Peru, November 21, 2017. REUTERS/Mariana...
Georgia’s central bank leader to revive $289 million IMF program
Today, Natia Turnava, the pioneering female head of Georgia's central bank, expressed her determination to revive a stalled $289 million...
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