Kenyan shilling hits record low against US dollar, impacting markets
On Tuesday, the Kenyan shilling fell to a historic low against the US dollar, with the Central Bank of Kenya…
Amazon to launch online shopping service in South Africa in 2024
(Reuters) – U.S. ecommerce firm Amazon (NASDAQ:AMZN) said on Tuesday it would launch its online shopping service in South Africa…
JPMorgan maintains a defensive stance amid rising geopolitical tensions
Analysts at JPMorgan suggest that investors should prioritize safety in light of increased geopolitical tensions fueled by conflicts in the…
Toyota extends partial production halt at two Japan plants to Wednesday
(Reuters) – Toyota Motor, the world’s biggest automaker by sales, will extend until Wednesday a partial production halt at two…
Tesla to recall nearly 55,000 Model X vehicles, auto regulator says
(Reuters) – The U.S. auto regulator on Tuesday said Tesla (NASDAQ:TSLA) will recall 54,676 Model X vehicles manufactured between 2021-2023,…
Netflix may hike prices after success of password-sharing crackdown
(Reuters) – Netflix’s crackdown on password-sharing likely boosted subscribers by about 6 million in the third quarter and the streaming…
AT&T stocks rebound, yet lag behind competitors
AT&T (NYSE:T)’s shares experienced a slight increase on Monday, putting an end to a three-day decline. The company’s stock rose…
Exclusive-Mitsubishi Corp considering bid for Fujitsu’s chip unit Shinko Electric -sources
(Reuters) – Mitsubishi Corp is considering bidding for Fujitsu’s chip packaging unit Shinko Electric Industries, two sources said, as Japan’s…
LinkedIn announces second major layoff this year amid restructuring
Microsoft (NASDAQ:MSFT)’s LinkedIn (NASDAQ:MSFT) is set for a second round of significant layoffs this year, affecting approximately 668 employees from…
Wall Street ends up on earnings optimism; eyes remain on Middle East
(Reuters) – Major U.S. stock indexes ended sharply higher on Monday as investors were optimistic about the start of earnings…