(SINGAPORE) – Singapore has climbed to fourth place in the Global Startup Ecosystem Index 2026, published by StartupBlink, marking its highest position to date. The economy now leads the Asia Pacific region and is the only one from the area to feature in the global top five. Its regional scoreContinue Reading
(NAIROBI, KENYA) – Average annual commissions earned by M-Pesa agents in Kenya have fallen to a record low of KES 112,244 (USD 867, GBP 670), squeezed by a fast growing number of outlets competing for transactions. The figure, which works out to roughly KES 9,353 (USD 72, GBP 56) perContinue Reading
(LONDON, UK) – British consumer goods company Reckitt Benckiser has agreed to sell its Russian hygiene business to local manufacturer Arnest Management, pressing ahead with plans to reduce its presence in Russia first announced in 2022. The sale covers a production facility in Moscow, intellectual property rights for local brandsContinue Reading
(KYIV, UKRAINE) – Ukrainian officials and their family members declared cryptocurrency holdings worth nearly 839 million hryvnias, equivalent to approximately $20.5 million (around £16.1 million or €18.8 million), in their 2025 asset declarations, with the most valuable crypto assets reported by officials based in the capital. The National Agency onContinue Reading
(KYIV, UKRAINE) – The European Bank for Reconstruction and Development has committed more than €1.4 billion (around $1.53 billion or £1.2 billion) to projects in Ukraine since the start of this year, covering energy, transport and critical infrastructure recovery with concrete results expected before the end of 2026. Prime MinisterContinue Reading
(KYIV, UKRAINE) – Ukraine has received a second tranche of approximately 690 million US dollars from the International Monetary Fund under a new four year programme, Prime Minister Serhiy Koretskyi announced on Friday. In a statement posted on his Telegram channel, the prime minister confirmed that the funds had alreadyContinue Reading
(LOS ANGELES, USA) – A federal court in California has extended a pause on the $110 billion takeover of Warner Bros. Discovery by Paramount Skydance Corp. until 17 August. The decision keeps one of the largest media mergers in history on hold while legal challenges move forward. US District JudgeContinue Reading
(MOSCOW, RUSSIA) – The board of directors of Russia’s central bank has lowered the key interest rate from 14.25 percent to 14 percent per annum. The decision came as a surprise to many market observers who had expected the bank to hold steady. The Moscow Times reported the move, whichContinue Reading
