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Day: February 6, 2021

U.S. States Ask FCC To Scrutinize Verizon’s Plan To Buy Tracfone
BusinessWorld

U.S. States Ask FCC To Scrutinize Verizon’s Plan To Buy Tracfone

The attorneys general of 16 U.S. states and the District of Columbia on Friday urged the Federal Communications Commission (FCC)…

byEkeminiFebruary 6, 2021
Police Seize $60 Million Of Bitcoin! Now, Where’s The Password?
BusinessWorld

Police Seize $60 Million Of Bitcoin! Now, Where’s The Password?

German prosecutors have confiscated more than 50 million euros ($60 million) worth of bitcoin from a fraudster. There’s only one…

byEkeminiFebruary 6, 2021
U.S. To Revoke Terrorist Designation Of Yemen’s Houthis Due To Famine
World

U.S. To Revoke Terrorist Designation Of Yemen’s Houthis Due To Famine

The United States said on Friday it intends to revoke the terrorist designation for Yemen’s Houthi movement in response to…

byEkeminiFebruary 6, 2021
Purchasers Managers Index Hits Six-Month Low As Output Prices Rise – Report
BusinessInvestingLocal

Purchasers Managers Index Hits Six-Month Low As Output Prices Rise – Report

Stanbic IBTC Purchasers Managers Index report for January 2021 showed that output prices increased at a substantial rate during the…

byEkeminiFebruary 6, 2021February 6, 2021
Nigerian Central Bank Reportedly Ban Banks From Servicing Crypto Clients
BreakingBusinessLocal

Nigerian Central Bank Reportedly Ban Banks From Servicing Crypto Clients

The Central Bank of Nigeria (CBN) has reportedly issued circular directing financial institutions against dealing with cryptocurrencies or providing services…

byEkeminiFebruary 6, 2021
Tight Borders After Vaccines Will Have Negative Economic Impacts, Bank Of England Says
BusinessWorld

Tight Borders After Vaccines Will Have Negative Economic Impacts, Bank Of England Says

Ben Broadbent, the Bank of England’s deputy governor of monetary policy, told CNBC that tight borders following the rollout of…

byEkeminiFebruary 6, 2021
Brent Oil Within Sight Of $60 On Expectations For Tight Supply
BusinessWorld

Brent Oil Within Sight Of $60 On Expectations For Tight Supply

Oil rose toward $60 a barrel on expectations OPEC+ is committed to restraining global supplies even as the demand outlook…

byEkeminiFebruary 6, 2021
Pound’s ‘Risk-On Imposter’ Behavior Makes Any Rally Vulnerable
BusinessWorld

Pound’s ‘Risk-On Imposter’ Behavior Makes Any Rally Vulnerable

The pound is behaving like a “risk-on imposter,” making it vulnerable to a reversal in sentiment. That’s the view of…

byEkeminiFebruary 6, 2021

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