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The Standard e-Paper
Kenya’s Boldest Voice
The Standard Group Plc is a
multi-media organization with investments in media platforms spanning newspaper
print operations, television, radio broadcasting, digital and online services. The
Standard Group is recognized as a leading multi-media house in Kenya with a key
influence in matters of national and international interest.
Sweden's Volvo Cars announced Tuesday a plan to cut costs by 18 billion kronor ($1.9 billion), including through job cuts, as its profits fall and the auto sector navigates US tariffs.
The carmaker, owned by Chinese group Geely, posted a net profit of one billion kronor for the first three months of 2025, down 73 percent from the same period last year.
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