Crypto-Trading May Go The Way Of Multiple Exchange Rates – Analysts
Like Nigeria’s multiple exchange rates which the Central Bank of Nigeria (CBN) has battled to converge in the last five…
Day: February 23, 2021
UK Jobless Rate Hits 5.1% As Sunak Readies More Job Support
Britain’s jobless rate rose to 5.1% in the last three months of 2020, its highest in nearly five years but…
Jay-Z Sells Half His Champagne Brand To LVMH’s Moet Hennessy
Moet Hennessy, the wine and spirits division of luxury conglomerate LVMH, announced Monday the purchase of a 50% stake in…
Dollar Pinned Near Six-Week Low As Focus Turns To Powell
The dollar nursed losses near a six-week low on Tuesday while commodity currencies loitered around multi-year highs, as investors’ focus…
Oil Prices Jump More Than $1 As U.S. Output Slow To Restart
Oil prices jumped by more than $1 on Tuesday, underpinned by optimism over COVID-19 vaccine rollouts and lower output as…
Britain’s G4S Recommends $5.4 Billion Allied Universal Bid, Ending Takeover Tussle
Private security firm G4S on Tuesday recommended shareholders vote for Allied Universal’s final offer valuing the British firm at 3.8…
HSBC Curbs Profit And Payout Ambitions, Targets Asia Wealth
HSBC Holdings PLC on Tuesday abandoned its long-term profitability target, and unveiled a revised strategy focused mainly on wealth management…