Money

China Cuts Rates, Unveils Measures to Boost Slowing Economy

China's central bank announced a series of measures Tuesday aimed at reviving its slowing economy and countering a prolonged property market downturn. People's Bank of...

Coca-Cola Announces $1 Billion Investment Plan for Nigeria

Coca-Cola intends to invest $1 billion in its Nigeria operations over the next five years, according to a statement from the Nigerian presidency following...

Murdoch Family Succession Battle Heads to Nevada Court

A pivotal court battle over the future of Rupert Murdoch's global media empire begins Monday in Nevada, as the 93-year-old mogul's children fight over...

Pakistan Says It Has Met All IMF Conditions for $7 Billion Loan

Pakistan's Prime Minister Shehbaz Sharif announced on Thursday that his country has fulfilled all conditions set by the International Monetary Fund (IMF) to secure...

Africa FX Outlook: Kenyan and Zambian Currencies to Remain Stable, Nigeria’s Naira Expected to Weaken

In the coming week, the currencies of Kenya, Uganda, Ghana, and Zambia are forecasted to maintain relative stability, while Nigeria’s naira may face depreciation...

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