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US Department of Justice creates cryptocurrency enforcement unit

The US Department of Justice has created a team to investigate cryptocurrency-related crime. The National Cryptocurrency Enforcement Team (NCET) will handle investigations on “crimes committed by virtual currency exchanges, mixing and tumbling services that...

Narendra Raval: The Kenyan billionaire with only one pair of shoes.

Narendra Raval is 58 years old and estimated to be worth a staggering $500 million — or Sh50 billion—according to Forbes 2015 list of Africa’s 50 richest people. He made his money from steel,...

Will Kenya IMF petition overrule the sh255billion loan?

Kenyans have been marking an online appeal asking the International Monetary Fund (IMF) not to give the public authority additional loan advances. The web-based media rage reprimanding the worldwide bank was set off after...

Traffic in Suez canal not affected by tanker’s engine failure.

Traffic in the Suez canal was not affected by an oil tanker’s sudden engine failure on Tuesday, the canal authority said, adding that the vessel had been fixed and started up again. Shipping websites...

Evergreen has been re-floated.

A gigantic compartment transport that has been wedged in the Suez Canal since Tuesday has allegedly been refloated. Video posted online media on Monday seemed to show the harsh of the Ever Given swung...

Blockage on the Suez Canal likely to cause economic disaster of worldly proportions.

The blockage of the Suez Canal by a ship the size of the Empire State Building has stoked economic anxieties around the globe, that only escalate each day the critical maritime trade route remains...
white electronic device on brown wooden table

IBM stocks heads for one of its worst days in Big Blue’s long history as a public company.

International Business Machines Corp. shares were headed for only their seventh double-digit percentage decline in nearly 50 years Friday, after a fourth-quarter earnings report gave little hope for change at the storied tech company....