NAIROBI (Reuters) – Kenya’s inflation slowed slightly to 6.6% year on year in December, down from 6.8% in November, the statistics office said on Friday. On a month-on-month basis inflation was 0.4%, compared to 0.2% in November, the Kenya National Bureau of Statistics (KNBS) said in a report. Transport, housing and utilities, and food were …
Kenya inflation slows slightly to 6.6% year on year in December Read More »
By Ange Kasongo KINSHASA (Reuters) -The government of the Democratic Republic of Congo (DRC) on Thursday refused opposition calls for a re-run of disputed elections, as the main observer mission reported “numerous irregularities” that could undermine some results. Provisional results issued so far from the Dec. 20 general election show President Felix Tshisekedi with a …
Congo rules out election re-run as observers flag irregularities Read More »
By Lawrence Delevingne and Tom Wilson (Reuters) -World shares edged up on Thursday as expectations of interest rate cuts stretched a rally in U.S. stocks, while benchmark Treasury yields and the dollar lifted slightly from five-month lows. On Wall Street, the Dow Jones Industrial Average rose 0.14%, while the Nasdaq Composite and the S&P 500 …
Shares hold gains as rate cuts eyed for New Year Read More »
By Karen Brettell NEW YORK (Reuters) -The dollar dipped against the Japanese yen on Thursday on expectations the Federal Reserve will cut interest rates next year, but rebounded from earlier losses against the euro in choppy trading. The greenback has declined as expectations of rate cuts have increased, notably after the Fed’s unexpectedly dovish stance …
Dollar falls against yen, gains on euro in choppy trading Read More »
By Shariq Khan BENGALURU (Reuters) -Oil prices fell 3% on Thursday as more shipping companies said they were ready to transit the Red Sea route, easing concerns about supply disruptions as Middle Eastern tensions stay elevated. The more active Brent crude futures for March delivery settled down $2.39, or 3%, at $77.15. Brent futures for …
Oil prices settle down 3% as Red Sea shipping disruptions ease Read More »
By Dawit Endeshaw ADDIS ABABA (Reuters) – An aerial strike on the grounds of a church in Ethiopia’s Oromiya region killed eight people and injured five as they collected corn, two witnesses and an opposition political party said. Government spokesperson Legesse Tulu dismissed the accounts of the air strike as “an absolute lie”. Peace talks …
Aerial strike on Ethiopia church grounds kills eight – witnesses Read More »
LONDON (Reuters) – Exports of four main Nigerian crude oil grades in February are set to average about 657,000 barrels per day (bpd), according to preliminary programmes, down slightly from the previous month. The scheduled loadings of Bonny Light, Bonga, Qua Iboe and Forcados crude oil streams stood at 792,000 bpd for January, according to …
NAIROBI (Reuters) -Kenyan police said on Wednesday they were investigating suspected killings of four men on a Del Monte pineapple farm near Nairobi, months after a media report said security guards on the same farm had killed and assaulted trespassing villagers. Friends and relatives of the latest victims urged the government to intervene to explain …
Kenya police probe suspected killings on Del Monte pineapple farm Read More »
ADDIS ABABA (Reuters) -The leader of Sudan’s paramilitary Rapid Support Forces visited Ethiopia on Thursday where he said he discussed the need for a swift end to the war between the RSF and the Sudanese army, during the second leg of a rare publicly-announced foreign tour. RSF leader General Mohamed Hamdan Dagalo, whose whereabouts since …
Sudan RSF leader visits Ethiopia in first public wartime tour Read More »
CAIRO (Reuters) – Egypt confirmed on Thursday that it had put forward a framework proposal to end the conflict between Israel and Hamas in the Gaza Strip that includes three stages ending with a ceasefire, and said it was awaiting responses on the plan. Egypt would give further details of the plan once those responses …
Egypt says it is awaiting responses on plan to end Gaza war Read More »
