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Central Bank of Kenya pauses monetary easing

  Bloomberg The Central Bank of Kenya maintained its benchmark interest rate at 10.5 percent with an eye on accelerating inflation and concerns that Britain’s exit from the European Union may trigger capital flight. The decision by the monetary policy committee led by Governor Patrick Njoroge was anticipated by seven of eight analysts surveyed by Bloomberg. One economist predicted a ...

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Yahoo seals deal with Verizon for core assets

  AFP Yahoo sealed a deal Monday to sell its core business to telecom giant Verizon for $4.8 billion, ending a two-decade run as an independent company for the internet pioneer. The agreement announced by the two companies after months of negotiations comes following a years-long decline for the iconic firm that introduced many people around the world to the ...

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What’s new in Android Nougat

  Relaxnews After its first presentation in May 2016 at the Google I/0 conference, summer brings more news on the latest version of Android — version 7.0, also known as Nougat — ahead of its official launch this fall. VIRUS DETECTION BLOCKS SYSTEM BOOTING Android is the world’s most popular mobile operating system (84.1% market share for Q1 2016, according ...

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