Trump taps politician with business experience as ambassador to China to steer relations riven by deep mistrust, trade tensions
President-elect Donald Trump has nominated China hardliners for other senior roles in his administration, including Senator Marco Rubio for secretary of state, in a signal his policy toward the United States’ main strategic rival could go beyond trade measures.
Kenya cuts base rate more than expected for third month to stimulate growth
Kenya’s inflation edged up to 2.8 per cent year-on-year in November, from 2.7 per cent a month earlier, but it remains well within the government’s preferred band of between 2.5 per cent and 7.5 per cent in the medium term.
Kenyan youth take up kung-fu as buffer against high redundancy, drug peddling and lifestyle diseases
Coach Kennedy Murimi trains dozens of children and youth in Nairobi’s Kawangware neighbourhood and has noticed a significant increase in learners. He said the number of people attending his trainings has tripled in recent months to about 60.
Biden ends African tour with $600m additional pledge for railways project
The corridor, which likely will take years to complete, gives the US better access to cobalt, copper and other critical minerals in Congo and Zambia that are used in batteries for electric vehicles, electronic devices and clean energy technologies that Biden said would power the future.
Institutional adoption, advancement in tokenisation and payments and clearer regulatory path pushes up bitcoin optimism
A slew of crypto companies including Ripple, Kraken and Circle are jostling for a seat on Trump’s promised crypto advisory council, seeking a say in his planned overhaul of US policy, according to several digital asset industry executives.
UnitedHealthcare CEO killed in a ‘targeted shooting’ outside New York hotel, police say
UnitedHealthcare is the insurance arm of the healthcare giant UnitedHealth Group Inc. The Minnetonka, Minnesota-based company was scheduled to have its annual meeting with investors in New York City to update Wall Street on the company’s direction and expectations for the coming year, according to a company media advisory.
With a month left of his tenure, Biden is uses visit to Angola to push US interests in African
Joe Biden has long had the nickname Amtrak Joe for the 36 years he spent commuting by US train from his home in Delaware to Washington while in the Senate. He said the Lobito Corridor constituted the largest US investment in a train project outside the country.
Kenya private sector activity picks up in November compared to October, PMI shows
The finance ministry forecasts the economy will grow 5.2 per cent in 2024 and 5.4 per cent in 2025. The economy grew 5.6 per cent in 2023.
Findings: Merck pharmaceutical’s popular asthma drug causes serious mental health issues in children and adults
The FDA also could review all available information to determine whether the risk outweighs the therapeutic benefit in kids and, if not, issue a contraindication warning that the drug shouldn’t be used in children under 18.
Biden arrives in Angola to highlight US investments in southern Africa, visit slavery museum
The US has for years built relations in Africa through trade, security and humanitarian aid. The 800-mile (1,300-kilometre) railway upgrade is a different move and has shades of China’s Belt and Road foreign infrastructure strategy in Africa and other parts of the world.
