Real Time Financial News Website
The United States and European Union said Tuesday they have resolved a 17-year-long fight over aircraft subsidies, agreeing to suspend tariffs for five years stemming from the Boeing–Airbus dispute. “This…
Nepal’s second wave of Covid infections is tapering off — but the country needs more vaccines to handle the pandemic, Prime Minister Khadga Prasad Sharma Oli told CNBC. “The wave…
Johnson & Johnson: “JNJ is kind of a, it’s a Teflon stock. It just goes up no matter what, and that’s because it has a big drug pipeline, and that’s…
WASHINGTON — The United States and Europe will announce a new joint technology and trade initiative on Tuesday, part of a wide-reaching effort this week by President Joe Biden to…
Economies including the EU and the U.S. have long raised concerns about Beijing’s industrial practices that hinder foreign companies from competing fairly in China. Their complaints include Chinese state subsidies…
A group of seven tech companies urged the Securities and Exchange Commission to require businesses to regularly disclose climate-related matters to their shareholders. In a letter to SEC Chairman Gary…
A number of tech companies are trading cheaper than their big name counterparts and are of a “higher quality,” according to Bank of America, which picked multiple stocks in the…
Paul Tudor Jones said Monday that bitcoin is a great way to protect his wealth over the long run and is part of his portfolio just like gold. “I like…
CNBC’s Jim Cramer on Monday talked about a group of stocks that could benefit under the inflation trade scenario presented earlier in the day by billionaire hedge fund manager Paul…
Companies have done well passing on higher costs this year, but that could change if cost pressures continue, according to a client note put out by Credit Suisse Monday. The…
Analysts at Goldman Sachs have named a number of renewable energy companies that are set for “unprecedented growth” and said now is the time to invest. “Many renewables are down…
The next SpaceX launch will feature a milestone, as the Pentagon is allowing Elon Musk’s company to send a national security satellite to orbit with a reused rocket for the…
Lordstown Motors said Monday that CEO Steve Burns and CFO Julio Rodriguez have resigned. The announcement came days after the electric truck maker warned that it had “substantial doubt” about…
Billionaire hedge fund manager Paul Tudor Jones told CNBC on Monday he’s paying close attention to this week’s Federal Reserve policy meeting in light of recent economic data showing higher…
Microsoft employees slept in the software company’s data centers during the height of the coronavirus pandemic, an executive said on Wednesday. While many top technology companies directed their employees to…
Home Depot is one of the largest importers in the country. Yet with congested ports, container shortages and Covid-19 outbreaks slowing shipments, the company made a decision: It was time…
Oil prices are up more than 40% for 2021 amid a recovery in demand for petroleum products, and Goldman Sachs sees more upside for crude and energy stocks. West Texas…
Interest rates are unexpectedly retreating, spurring investors to rethink which stocks to bet on as 2021 continues. Certain stocks that have performed well when rates fell in the past might…
CNBC’s Jim Cramer said Friday he sees opportunities for investors to capitalize on pullbacks in some growth stocks that have fallen out of favor this year. Speaking on “Squawk on…
Technology and growth stocks are back in favor with some investors, and the trend has been helped by a surprise drop in bond yields. The 10-year Treasury yield was at…
Apple introduced several new features for its smart home initiative at its annual WWDC conference, including a way to unlock your front door with an iPhone through a digital key…
For Bryce Maddock and Jaspar Weir, the journey to the Nasdaq started in high school in southern California, continued through an entertainment venture for high-school kids and a failed yogurt…
The hacker group REvil has become a headache for a new victim: a 50-person firm based in Albuquerque, New Mexico, that consults with the federal government on security-related projects. Sol…
CNBC’s Jim Cramer is advising that investors who are searching for entry and exit points keep a close eye on both stock and cryptocurrency trades in the coming weeks. The…
Gold prices edged above $1,900 an ounce level on Friday, supported by a pullback in the dollar and lower bond yields, after data showing a rise in U.S. inflation was…
The Central Bank of Nigeria (CBN) is to unveil a digital currency, Director of the Information Technology Department, Rakiya Mohammed, has disclosed. Mohammed, who made the disclosure at the end…
The Central Bank of Nigeria (CBN) may nationalise ailing Unity Bank Plc over its troubled and unhealthy state, in its bid to save depositors and shareholders’ funds. This follows the…
It was a bad day for the Nigerian Naira at the Investors and Exporters (I&E) segment of the foreign exchange (forex) market on Thursday. This was because the Naira depreciated…
The Director-Information Technology Department, Central Bank of Nigeria, Mrs Rakiyat Mohammed, has said that the banking regulator will launch a digital currency before the end of 2021. Muhammed disclosed this…
Central Bank of Nigeria ( CBN) in collaboration with FMDQ, forex dealers recently activated On-system trading and also adopted a single market-driven rate. In this report AMAKA IFEAKANDU writes on…