Why Insurance Firms Are Selling Off Their PFAs
The idea of mitigating risks and curtailing losses at the bare minimum begins from the insurance industry and only crosses…
Day: July 12, 2020
Nigerian Government Hands Over National Theatre To Bankers Committee
The Minister of Information and Culture, Alhaji Lai Mohammed, has said he will on Sunday hand over the National Theatre…
Wife Of Brazil’s President Bolsonaro, And Her Two Daughters, Test Negative For Coronavirus
Michelle Bolsonaro, the wife of Brazilian President Jair Bolsonaro who is sick with the new coronavirus, said on Saturday that…
Huawei To Request UK To Delay 5G Network Removal
China’s Huawei Technologies has requested a meeting with UK Prime Minister Boris Johnson to work out a deal to delay…
China Raises Flood Alert To Second Highest Level
China on Sunday raised its flood response alert to the second highest grade as downpours continued to batter regions along…
Tesla Slashes Model Y SUV Price As Pandemic Weighs On Auto Sector
Tesla Inc (TSLA.O) cut the price of its sport utility vehicle Model Y by $3,000, just four months after its…
Saudi Telecom Extends Vodafone Egypt Stake Purchase For Second Time
Saudi Arabia’s largest telecoms operator Saudi Telecom Co (STC) (7010.SE) said on Sunday it would need another two months to…
UK Plans To Create ‘Freeports,’ Cut Taxes
British finance minister Rishi Sunak is preparing to introduce sweeping tax cuts and an overhaul of planning laws in up…
Abu Dhabi Fund Suspends Debt Service Repayments For Countries, Companies
Abu Dhabi Fund for Development has suspended debt service repayments for some countries and companies for the year, the state-financed…
Cash-Strapped New Jersey To Borrow Up To $9.9 Billion Under Deal
New Jersey, one of the states hardest hit by the coronavirus outbreak, would borrow up to $9.9 billion from sources…
Trump Dons Masks In Visit To A Military Medical Facility
President Donald Trump, who has avoided wearing a mask in public even as the coronavirus pandemic spread, donned one on…
Behind the Relentless Stock Rally, Waves of Anxiety Are Building
erves are fraying underneath the stock market’s technology-fueled rally. Short bets against the biggest equity exchange-traded fund are stubbornly high…
Mandatory Masks, Mickey At A Distance As Walt Disney World Reopens
Mickey waved from a distance and visitors wore colorful face masks with mouse ears on Saturday as Florida’s Walt Disney…
Wall Street Forges a New Deal With Data in Coronavirus Age
Alternative data has been a buzzword on Wall Street for years. Never has demand been greater than during the coronavirus…