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Day: February 12, 2021

PayPal Unlikely To Invest Cash In Cryptocurrencies: CNBC
BusinessInvestingWorld

PayPal Unlikely To Invest Cash In Cryptocurrencies: CNBC

PayPal Holdings Inc is not likely to buy cryptocurrencies such as bitcoin, the payments processor’s Chief Financial Officer John Rainey…

byEkeminiFebruary 12, 2021
U.S. House Committee Approves Another $14 Billion For Pandemic-Hit Airlines
BusinessWorld

U.S. House Committee Approves Another $14 Billion For Pandemic-Hit Airlines

A U.S. House committee on Thursday approved a proposal to give airlines another $14 billion in payroll assistance as part…

byEkeminiFebruary 12, 2021
White House Launches Clean Energy Effort, $100 Million In Technology Funding
BusinessTechnologyWorld

White House Launches Clean Energy Effort, $100 Million In Technology Funding

The Biden administration on Thursday announced the U.S. Department of Energy will offer $100 million in funding to support low-carbon…

byEkeminiFebruary 12, 2021
Asian Stocks On Hold For Lunar New Year, Bitcoin Eyes Record Highs
BusinessInvestingWorld

Asian Stocks On Hold For Lunar New Year, Bitcoin Eyes Record Highs

Asian shares hovered just below a record high on Friday as mixed U.S. economic data caused some investors to show…

byEkeminiFebruary 12, 2021
Britain’s coronavirus-ravaged economy shrank 9.9% in 2020, the biggest annual fall in output since modern records began, but it avoided heading back towards recession at the end of last year, official figures showed on Friday
BusinessWorld

Britain’s coronavirus-ravaged economy shrank 9.9% in 2020, the biggest annual fall in output since modern records began, but it avoided heading back towards recession at the end of last year, official figures showed on Friday

Britain’s gross domestic product (GDP) grew 1.0% between October and December, the Office for National Statistics said, at the top…

byEkeminiFebruary 12, 2021
Oil’s Losses Deepen As OPEC, IEA Caution Ends Rally
BusinessInvestingWorld

Oil’s Losses Deepen As OPEC, IEA Caution Ends Rally

Oil prices fell a second day on Friday, extending losses after OPEC cut its demand forecast and the International Energy…

byEkeminiFebruary 12, 2021
Chief Financial Officer Hesitate To Invest In, Handle Bitcoin Due To Volatility
BusinessWorld

Chief Financial Officer Hesitate To Invest In, Handle Bitcoin Due To Volatility

Chief financial officers are watching closely after Tesla Inc. this week disclosed a $1.5 billion investment in bitcoin and Twitter…

byEkeminiFebruary 12, 2021
High Year-End Spending Drove Inflation Upward
BusinessLocal

High Year-End Spending Drove Inflation Upward

Report Summary The Macroeconomy The IMF forecasted a sluggish growth for the Nigerian economy in 2021. High year-end spending drove…

byEkeminiFebruary 12, 2021
We’re Ready To Resume Petrol Importation, Say Marketers
BusinessLocal

We’re Ready To Resume Petrol Importation, Say Marketers

Oil marketers have said they are ready to resume importation of Premium Motor Spirit (petrol) if foreign exchange is made…

byEkeminiFebruary 12, 2021
Africa’s Miners And Winemakers Toast China’s Row With Australia
AfricaBusiness

Africa’s Miners And Winemakers Toast China’s Row With Australia

Bottles of its reds, whites and roses piled up when South Africa banned alcohol sales under a strict lockdown and…

byEkeminiFebruary 12, 2021February 12, 2021
Ad Software Company Viant Valued at $2.5 Billion In Nasdaq Debut
BusinessTechnology

Ad Software Company Viant Valued at $2.5 Billion In Nasdaq Debut

Shares of Viant Technology Inc jumped 76% in their market debut on Wednesday, giving the advertising software company a market…

byEkeminiFebruary 12, 2021

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