Drops

NatWest has bought £1bn of its own shares from the UK Treasury, reducing the government's stake in the FTSE 100 lender to just over 11%. This buyback, the second of its kind in 2024, saw NatWest acquire 263 million shares at 380.8p…

Kenya Power has dropped plans to tap private companies to connect customers in informal settlements and collect bills, following advice from the State Council and parent ministry. The company has now delegated the task to the…

Breadcrumb linksBMN BusinessThe yen fell to its lowest level in almost three months after Japan's ruling coalition failed to win a majority in parliament in elections over the weekend. The price of crude oil fell after Israeli strikes on…

Bank of Greece data showed on Monday that revenues from Greece's leading tourism industry have failed to keep pace with arrival numbers, even during the annual summer crisis that has raised fears of overtourism. The bank said the number…

Stocks closed mixed on Monday as 10-year Treasury yields rose and investors braced for a busy week of top-tier earnings that could push or pull a record high.The S&P 500 (^GSPC) fell nearly 0.2%, pulling away from a new all-time closing…

Analysts see the Central Bank of Kenya cutting key interest rates by at least 25 basis points before the end of the year due to low inflation rates and the need to stimulate flagging economic activity. The Monetary Policy Committee, the…

Breadcrumb linksBMN BusinessAsian stocks are poised to track another strong performance on Wall Street, with stocks hitting all-time highs. The price of oil fell as concerns about Israel attacking Iranian energy facilities eased.Article…

If you thought the four-year dispute between Ripple Labs and the US Securities and Exchange Commission (SEC) was over, think again. In a series of X posts (on Twitter), Ripple executives shared their frustrations with the SEC after…

Kenya's current account deficit fell to its lowest level in four years during the second quarter of the year thanks to increased service revenues. The current account deficit shows that a country exports less compared to what it…

Written by Yadarissa Shabong (Reuters) - Aston Martin warned of falling annual profits and cut its production forecast on Monday due to supply chain challenges and persistent weakness in China, sending shares down as much as 28% and…