Singapore’s Temasek Allots $500 Million For Impact Investing In Leap Frog Tie-Up
Singapore’s Temasek Holdings is committing $500 million to a partnership with private equity firm LeapFrog Investments, in what both companies…
Month: March 2021
Asian Stocks Recover On Firmer Futures, Retreat In U.S. Yields
Asian stocks recovered from earlier losses on Tuesday, lifted by firmer U.S. equity futures and central bank comments aimed at…
U.S. Can Deliver COVID-19 Aid Checks Quickly, But Child Tax Credit Is Hurdle
With plenty of practice sending out coronavirus relief payments, the U.S. government should be able to start delivering $1,400 checks…
Indian Non-Profit Challenges New Content Regulation Rules For News Media
An Indian non-profit which runs an independent news website on Tuesday challenged in court the country’s new rules that seek…
Investors Seek $1.2 Billion In Damages From Vivendi In Fraud Lawsuit
A group of investors will urge a French court on Tuesday to back its claim for 1 billion euros ($1.2…
The Security And Exchange Commission Partners AfDB To Broaden Market Instruments
To strengthen Nigeria’s securities market regulation and broaden tradable instruments, the Securities and Exchange Commission (SEC) has announced a $400,000 grant…
Investors Lose N240bn As Stocks Extend Losing Streak
Investors in the Nigerian stock market lost N240bn in the first trading week of March as the market capitalisation declined…
Transcorp Hotels Launches Digital Platform
Transcorp Hotels Plc has announced the launch of ‘Aura,’ a new digital platform through which people can book accommodation and…
War Crimes Court Orders Record $30 Million Compensation For Congo Victims
Child soldiers and other victims of convicted Congolese militia leader Bosco Ntaganda should get a total of $30 million compensation,…
Heineken Replaces Chief Financial Officer After Savings Plan Launch
Heineken NV, the world’s second largest beer maker, said on Monday it will replace its chief financial officer as it…
Nasdaq Futures Slide 2% On Inflation Jitters
Futures tracking the Nasdaq 100 index sank 2% on Monday as the passage of a $1.9 trillion COVID-19 relief package…
French Billionaire Politician Olivier Dassault Killed In Helicopter Crash
French billionaire Olivier Dassault was killed on Sunday in a helicopter crash, a police source said, with President Emmanuel Macron…
Houthis Fire Missiles, Drones At Saudi Oil Facilities
Yemen’s Houthi rebels fired drones and missiles at the heart of Saudi Arabia’s oil industry on Sunday, attacking a Saudi…
South Korea, US Agree On New Cost-Sharing Deal For Troops
South Korea and the United States have agreed on a new arrangement for sharing the cost of the US troops…
Secretary To The Government Of The Federation, Ministers, PTF Members Receive Covid-19 Vaccines Today
The Secretary to the Government of the Federation and the Chairman Presidential Task Force on COVID-19, Boss Mustapha, and members…
Banks Woo Customers With New Central Bank Of Nigeria ‘Naira-4-Dollar’ Policy
Deposit Money Banks on Sunday started wooing customers ahead of the commencement of the latest ‘Naira-for-Dollar’ policy of the Central…
Lebanese Protest Currency Crisis, Block Roads
Demonstrators blocked key roads across Lebanon on Monday in protest at the country’s political paralysis after the Lebanese pound hit…
Millionaire Saudi Prince To Buy French Club Chateauroux Published March 8, 2021
A self-confessed lover of “sport and money”, millionaire Saudi Prince Abdullah bin Mosaad is about to become the owner of…
We Spent N966bn On Pipeline Repairs, NNPC Replies Augf
The Nigerian National Petroleum Corporation has explained that it spent N966bn to repair pipelines between 2010 and 2015. NNPC stated…
#GiveHerBetaHealth: GTBank Champions Access To Health Insurance For Women On International Women’s Day
As the 2021 International Women’s Day (IWD21) calls on people and organisations to #choosetochallenge for a better world for women,…
Two-Thirds Of Tropical Rainforest Destroyed Or Degraded Globally, NGO Says
Humans have degraded or destroyed roughly two-thirds of the world’s original tropical rainforest cover, new data reveals – raising alarm…
Panasonic To Buy U.S. Software Firm Blue Yonder For $6.5 Billion, Says Nikkei
Panasonic Corp will buy U.S. software firm Blue Yonder for 700 billion yen ($6.45 billion), the Nikkei reported on Monday,…
Price And Policy Fears Drive Chinese Investors Into Cloistered Stocks
Worries about the frothiness of China’s stock market and steps authorities might take to rein it in are forcing investors…
Dollar Stands Tall As U.S. Yields Resume Climb
The U.S. dollar gained on Monday, climbing towards a 3-1/2-month high, as a broad rise in Treasury yields spooked investor…
Lebanon’s Deadlock Fuels Seventh Day Of Street Protests
Demonstrators burnt tyres to block main roads all over Lebanon for the seventh straight day on Monday in anger at…
Brent Hops Past $70 For First Time Since Pandemic Began After Saudi Attack
Brent crude futures climbed above $70 a barrel on Monday for the first time since the COVID-19 pandemic began, while…
Iran Slips Record Volume Of Oil Into China, Reaches Out To Asian Clients For Trade Resumption
Iran has quietly moved record amounts of crude oil to top client China in recent months, while India’s state refiners…
Deliveroo Launches London Ipo After Business Surges In 2020
British food delivery firm Deliveroo announced plans to launch its hotly anticipated London listing on Monday after recording a surge…
Oil, Travel Stocks Boost European Shares
European shares rose on Monday, catching up with a late Friday rally on Wall Street, while oil majors like Royal…
Shares, Dollar Celebrate U.S. Stimulus, Oil At One-Year Top
Asian shares rallied on Monday while the dollar held near three-month peaks after the U.S. Senate passage of a $1.9…