Real Time Financial News Website
Alphabet Inc-owned (GOOGL.O) Google is extending its voluntary return-to-office policy through January next year, CEO Sundar Pichai said on Tuesday, citing uncertainty caused by the COVID-19 pandemic in many parts…
Databricks, a data analytics platform that uses artificial intelligence, said on Tuesday it raised $1.6 billion to expand its engineering team to keep its lead in the market, a funding…
The dollar was trading near three-week lows against a basket of currencies on Tuesday, as investors looked to U.S. jobs figures later this week for clues on stimulus taper timing.…
Gold prices rose back towards the previous session’s four-week high on Tuesday, supported by a weaker dollar and a fall in U.S. Treasury yields, as investors awaited August U.S. non-farm…
Nigerian banks are some of the cheapest stocks in Africa, more evidence of how a shortage of dollars in the continent’s largest economy is discouraging foreign investors. Four of the…
A gauge of global equities headed for its seventh consecutive month of gains on Tuesday, but stocks and the dollar traded flat on the day as weak economic data suggested…
South Korea’s parliament on Tuesday approved a bill that bans major app store operators such as Google and Apple from forcing software developers to use their payment systems, effectively stopping…
Euro zone inflation surged to a 10-year-high in August with further rises likely, challenging the European Central Bank’s benign view on price growth and its commitment to look past what…
Prosus NV (PRX.AS) doubled down on its investment in India on Tuesday with a $4.7 billion deal for payments platform BillDesk, making it one of the biggest players in the…
Canada’s economy unexpectedly shrank in the second quarter and likely had far less momentum than had been expected heading into the summer, data showed on Tuesday, in the middle of…
Production of Apple Inc’s (AAPL.O) latest smartwatch has been delayed due to its complicated design, the Nikkei reported on Tuesday, citing people familiar with the matter. Manufacturers of Apple Watch…
Shares of Zoom (ZM.O) slid more than 11% in premarket trading on Tuesday, after the video conferencing company signaled a faster-than-expected drop in demand and analysts questioned its future plans…
During the bitter legal battles over the 2020 presidential election, conservative U.S. Supreme Court justices signaled an embrace of a once-marginal legal doctrine that largely gives state legislatures power to…
The Biden administration plans to make federal lands cheaper to access for solar and wind power developers after the clean power industry argued in a lobbying push this year that…
The Central Bank of Nigeria (CBN) yesterday announced the formal engagement of global fintech company, Bitt Inc., as technical partner for its proposed digital currency, also known as e-Naira. CBN…
The United States has expressed its readiness to help Nigeria to identify sponsors of terrorism in the country. The US Ambassador to Nigeria, Mary Leonard, disclosed this on Monday during…
The Central Bank of Nigeria (CBN) has urged the Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) to back its five-year economic growth strategy. This was revealed by…
Research experts have estimated that Nigeria has an infrastructure gap of $3 trillion, which according to them is about six times the size of the country’s annual Gross Domestic Product…
The federal government has set October 11, as the date to shop for new creditors to help finance the 2021 budget deficit. This is according to reports from Reuters on…
The Central Bank of Nigeria, on Monday, announced the formal engagement of a global fintech company, Bitt Inc., as the technical partner for its digital currency. The CBN said the…
The Nigerian Exchange Limited (NGX) reopened on a downward note yesterday, occasioned by losses incurred by most blue-chip stocks, especially by Champion Breweries and Eterna Plc, as market capitalisation depreciated…
United Capital Plc has listed three series commercial papers worth about N19.72 billion on the FMDQ Securities Exchange, paving the way for investors in the short-term securities to trade on…
Treasury yields dipped on Tuesday morning, as investor focus remained on a key jobs report due out later in the week. The yield on the benchmark 10-year Treasury note fell…
A dicey situation reminiscent of the dot-com bubble may be unfolding on Wall Street. According to BTIG’s Julian Emanuel, the market’s record price action is mimicking late 1999, and it…
Shares of China’s second-largest gaming company NetEase fell on Tuesday after regulators dramatically cut down the amount of time children were allowed to play games. NetEase was down about 2.9%…
Indian ride-sharing firm Ola is planning to raise up to $1 billion through an initial public offering, a source familiar with the situation told CNBC. News of the IPO was…
China’s new rules forbidding under-18s from playing video games for more than three hours a week knocked shares in Tencent Holdings Ltd (0700.HK) and other gaming companies, while young players…
Shares of PayPal Holdings Inc (PYPL.O) jumped on Monday after a report that it is exploring ways to let its U.S. customers trade individual stocks on its platform. The payments…
Alphabet Inc’s (AAPL.O) Google unit, Facebook Inc (FB.O) and Microsoft Corp (MSFT.O) are the three biggest lobbying spenders in Europe in a battle against tough new laws aimed at curbing…