A walks in the rain outside EU headquarters in Brussels, Thursday, Dec. 24, 2020. European Union and British negotiators worked through the night and into Christmas Eve in the hopes of putting the finishing touches on a trade deal that should avert a chaotic economic break between the two sides on New Year’s Day. (AP

Oil prices increased on Thursday over a fall in US oil stocks and a decline in the US first-time jobless claims, as both signal a possible oil demand and economic rebound. International benchmark Brent crude traded at $51.42 per barrel at 0642 GMT for a 0.35% increase after closing Wednesday at $51.24 a barrel. At

US President Donald J. Trump addresses the crowd in Valdosta, GA United States on December 5, 2020 [Peter Zay/Anadolu Agency] US President Donald Trump criticised a draft resolution approved by Congress that includes aid to foreign countries while accusing the Egyptian army of using US aid to buy military equipment from Russia. This came within

Photo/Somali Times Somalia is world number one corrupt country, even to get a job is who you know. Djibouti President Ismail Omar Guelleh has received credentials from the new Somali Ambassador to Djibouti Salad Ali Jelle. Somalia’s Ambassador to Djibouti Salad Ali Jelle conveyed greetings and a message from his Somali counterpart, Mohamed Abdullahi Farmajo,

By CONSTANT MUNDA Tax collections for five months through November fell Sh100.72 billion compared with a similar period a year ago, reflecting the impact of Covid-19 economic hardships that triggered a fall in company earnings, layoffs and cuts on levies. Data published by Treasury secretary Ukur Yatani Friday showed the Kenya Revenue Authority (KRA) collected

The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, December 16, 2020. REUTERS/Staff/File Photo By Huw Jones LONDON (Reuters) – European shares were mixed early on Friday, capping the last full trading week of the year with investors still on edge over a Brexit trade deal and U.S.

Liz Truss outside Downing Street in February. Photograph: Peter Nicholls/Reuters By Damien Gayle and Peter Walker Figures revealed as international trade secretary is poised to announce equalities shift Labour has accused Liz Truss of setting an “appalling standard” on equality in government after it emerged that of more than 250 trade advisers she has appointed,

Britain’s Home Secretary Priti Patel is seen outside 10 Downing Street London, Britain, January 21, 2020. REUTERS/Henry Nicholls LONDON (Reuters) – The United Kingdom will work flat out for a Brexit trade deal and the two sides are in “tunnel” negotiations but if a deal with the European Union is not possible then the country will

There is a “path to an agreement now,” the EU Commission president said Wednesday morning, renewing hope in a possible post-Brexit trade deal between the UK and EU before the transition period ends. Ursula von der Leyen said she could still not guarantee “whether there will be a deal or not” but “the path may

Miraa farmers will have to wait longer before they regain access to the Sh16 million-a-day Somalia market following the latest move by the Horn of Africa State to severe diplomatic ties with Kenya. The diplomatic row comes at a time when Kenya, through the Ministry of Foreign Affairs has been engaging with their Somalia counterparts