Kenya Fights Off Port Competition With $13 Billion Plan: Freight

East Africa’s biggest port at Mombasa in Kenya is fighting off competition from neighboring Tanzania by expanding railways and building new berths to tackle congestion.

U.K. Inflation Rate Falls More Than Forecast to 2.4%: Economy

U.K. inflation slowed more than economists forecast in April to a seven-month low and producer prices rose the least since 2009 as fuel costs fell.