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Kenyan central bank to ease investors’ vote concerns

Bloomberg Kenya’s central bank is communicating a sense of normalcy and continuity to investors amid uncertainty about the country’s protracted elections, Governor Patrick Njoroge said. Institutions including the nation’s courts show Kenya is a ‘mature’ democracy, Njoroge said. While liquidity in the country’s money markets is tight at the moment, it has “nothing to do with the political circumstances,” he ...

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Bombardier turns focus on private jets, trains

Bloomberg By relinquishing control of its C Series jets to longtime rival Airbus SE, Bombardier Inc. is scaling back its ambitions to build jetliners for the world’s airlines. The deal marks a step away from what had been touted as the crown jewel of Canada’s biggest aerospace company before it was tarnished by cost-overruns and trade disputes. With the future ...

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Thai Airways stock hopes for boost from US

Bloomberg Thai Airways International Pcl plans to return to the US market after a United Nations safety upgrade of Thailand’s aviation sector raised the odds of the Federal Aviation Administration following suit. The state-controlled carrier may add direct flights to America next year if the FAA promotes Thailand to its top safety category, said Krittaphon Chantalitanon, vice president of alliances ...

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