AstraZeneca CEO Is ‘On A Hot Seat’: French Govt.
The chief executive of AstraZeneca – whose COVID-19 vaccine has been temporarily suspended in several European countries – is “on…
Month: March 2021
Citing Tailwind, Volkswagen Targets Profit Recovery
Volkswagen is confident that cost cuts will help it raise profit margins in the coming years, the world’s second-largest carmaker…
Zalando Aims For More Than 10% Of Europe Fashion Market
German online fashion retailer Zalando said it aims to capture more than 10% of the 450 billion euro ($536.54 billion)…
Brexit Won’t Mean Lower Capital For Insurers, Says Bank Of England
A review of rules for the insurance sector after Brexit will take time to complete, but it will not lead…
Brent Crude Heads Toward $70 As China Energy Demand Outlook Brightens
Oil prices rose on Monday, with Brent heading toward $70 a barrel, as data showed China’s economic recovery accelerated at…
Suspension Of AstraZeneca Shots Is ‘Political Decision’: Italy’s Medicines Regulator Head
The decision by Germany, France and Italy to suspend AstraZeneca’s COVID-19 shots after several countries reported possible serious side-effects is…
European Markets Set To Open Higher On Recovery Hopes; Fed In Focus
European stocks are expected to open higher Tuesday as market attention focuses on the global economic recovery and the latest…
Fed Likely To Pen Rosier Forecasts, But No Policy Shift Expected
Federal Reserve policymakers are expected this week to forecast that the U.S. economy will grow in 2021 at the fastest…
Asian Stocks Follow Wall Street Higher Ahead Of Fed Meeting
An index of the region’s share markets excluding Japan strengthened 0.7%, led by a 1.2% jump in Australia’s benchmark S&P/ASX…
News Corp Inks Australia Facebook Deal, Signalling Truce After Blackout
Rupert Murdoch’s News Corp reached a content-supply deal with Facebook Inc in Australia, the companies said on Tuesday, a step…
Microsoft Rolls Back Update To Fix Access Issues For Thousands
Microsoft Corp said early on Tuesday glitches that affected access to workplace messaging app Teams, Outlook.com and other services have…
Diginex Projects Bitcoin Will Reach $175,000 By Year-End
The Trust Project is an international consortium of news organizations building standards of transparency Richard Byworth, CEO of Diginex, said…
ABCON Warns Black Market Forex Dealers
The Central Bank of Nigeria (CBN)-licenced Bureaux De Change (BDC) operators have declared war on foreign exchange (forex) speculators and…
Criticisms Trail CBN’s Policy As Naira Weakens
The Naira depreciated by 1.04 per cent to N485 per dollar as the new Central Bank of Nigeria’s (CBN’s) Naira…
WTO Concerned About Nigeria’s Foreign Exchange Management – Okonjo-Iweala
The World Trade Organization director-general said on Monday that the WTO was concerned about Nigeria’s foreign exchange management and how…
WTO DG, Okonjo-Iweala Hits Aso Rock For Buhari
The Director-General of the World Trade Organisation (WTO), Dr. Ngozi Okonjo-Iweala on Monday visited President Muhammadu Buhari at the State…
Buyers Return But Dubai Real Estate Faces Long Road To Recovery
Fancy working from home in a poolside villa, bathed in year-round sun? Prime Dubai properties have been snapped up in…
Microsoft Could Reap More Than $150 Million In New U.S. Cyber Spending, Upsetting Some Lawmakers
Microsoft stands to receive nearly a quarter of Covid relief funds destined for U.S. cybersecurity defenders, sources told Reuters, angering…
Tesla Names Musk ‘Technoking’ In Cryptic Regulatory Filing
Tesla Inc added “Technoking of Tesla” to billionaire Chief Executive Elon Musk’s list of official titles on Monday in a…
Investors Ignoring Geopolitical Risks To Target Undervalued Russian Equities
Russian companies are cashing in on a global equity boom, leveraging growth potential and low valuations as investors largely ignore…
British Airways Calls For Vaccinated People To Travel Without Restrictions
British Airways’s new boss said vaccinated people should be allowed to travel without restriction and non-vaccinated people with a negative…
USSD Disconnection: Emefiele, Pantami, Danbatta Meet Banks, Telcos Today
Governor of Central Bank of Nigeria, Godwin Emefiele, Minister of Communications, Dr Isa Pantami, and the Executive Vice Chairman of…
USA: Bitcoin ATMs Are Coming To A Gas Station Near You
A new feature has appeared at smoke shops in Montana, gas stations in the Carolinas and delis in far-flung corners…
House Of Reps Wants 18-Year-Old Nigerians, Others To Carry Arms
The House of Representatives may soon pass a Bill for Act to permit Nigerians from the age of eighteen to…
Nigeria’s NNPC, Accounting For Unremitted N4 Trillion Funds
A storm of controversy is raging again over the unremitted funds by the revenue-generating public agencies. At a recent…
Nigeria Records 120 New COVID-19 Cases, No Death
The Nigeria Centre for Disease Control has said with 120 confirmed new cases of COVID-9, the number of active cases…
Federal Government Of Nigeria Assures Labour No Increase In Fuel Price
The Federal Government has assured the tripartite labour community of the organised labour, organised private sector and indeed all Nigerians that…
Why Federal Government Is Constructing Narrow Gauge On Eastern Rail —Minister
The Federal Government on Sunday explained why it was constructing a narrow gauge railway on the Eastern rail line as…
Equities Suffer Sixth Weekly Loss As Index Slumps Further By 1.74%
Although the stock market closed positive twice, last week, the gains were not enough to push the indices as the…
FIRS N1.4bn Refreshment Budget Reckless, Insensitive –TI, Others
Civil society organisations have condemned the N1.4bn budget for meals and refreshments by the Federal Inland Revenue Service in the…