Real Time Financial News Website
Travellers are being told to expect delays at Toronto’s Pearson International Airport as Canada reopens its border to fully vaccinated U.S. citizens and permanent residents on Monday. Robin Smith, spokesperson…
Exxon Mobil Corp (XOM.N) has begun marketing U.S. shale gas properties as it ramps up a long-stalled program that aims to raise billions of dollars to shed unwanted assets and…
Democrats unveiled their $3.5 trillion budget proposal on Monday, calling for significant spending increases for social programs and climate policy. The plan comes as the Senate is trying to push…
Momentum stocks have picked up speed to begin the week. The MTUM ETF, which holds stocks such as Alphabet and Tesla, led markets on Monday and has beaten the S&P…
SoftBank has offloaded shares of U.S. tech giants like Facebook, Microsoft, Alphabet and Netflix, according to its latest financial report released on Tuesday. The Tokyo-headquartered conglomerate invests in publicly listed…
Nigeria has never hidden its resolve to leverage emerging digital technologies to transform the economy.The Economic Recovery and Growth Plan (ERGP) launched in April 2017 demonstrated this resolve by recognising…
Leading data and Analytics Company GlobalData, has predicted that Nigeria, Africa’s largest economy by GDP, will exit recession in 2021. GlobalData forecasted that the nation’s growth would be at a…
The Central Bank of Nigeria (CBN) has said its proposed digital currency, known as e-Naira, will be treated as a critical national infrastructure to protect it from operational and cyber-security…
The Nigerian National Petroleum Corporation on Monday announced the promotion and redeployment of some staff to fill vacant positions, as well as the disengagement of a chief operating officer. Group…
The Nigerian equities market commenced this week on a bearish note, as investors profit-taking in mid-high capitalised companies down the market by N126.86billion. About N33.13billion and N76.14billion investors profit-taking in…
…Investors seek initiatives to reverse weak macro-economic scenario With the N116.7b pulled from the nation’s stock market from the month of January to June 2021, operators have warned that the…
China has tightened Covid-19 measures to combat an uptick in daily cases — a move that could hold back the country’s economic growth and hit its stock markets, said veteran…
Canada lifted its prohibition on Americans crossing the border to shop, vacation or visit on Monday while the United States is maintaining similar restrictions for Canadians, part of a bumpy…
Bitcoin surged Monday to a nearly three-month high as policy makers hashed out last-minute compromises over how to tax crypto assets. The largest digital coin rose as much as 5.4%…
The U.S. Senate has set a Tuesday vote on passage of a $1 trillion bipartisan infrastructure bill that is one of President Joe Biden’s top priorities, and then will immediately…
Asset manager abrdn’s (ABDN.L) earnings jumped over 77% in the first half of 2021, its first set of results since a rebranding showed on Tuesday, thanks to strong performance in…
Buy now, pay later” options are becoming increasingly popular, but analysts warn of default risks given the lack of credit checks and “opaque” debt reporting. Not being able to check…
Japan’s SoftBank Group Corp (9984.T) on Tuesday reported a 39% fall in first-quarter net profit, even as Vision Fund returns were boosted by listings during the period. April-June profit was…
The dollar was buoyant on Tuesday, pushing the euro to a four-month low, as a run of strong U.S. job figures solidified expectations the U.S. Federal Reserve could soon start…
As the OECD’s deadline for finalizing major reforms to the global tax system draws near, the Irish government recently opened a public consultation on the deal as it considers its…
Oil prices rose on Tuesday, edging up from a three-week low in the previous session, but gains are likely to be limited on worries that rising COVID-19 cases and restrictions…
Australian customer analytics startup Dovetail wants to almost triple its staff and open an office in the United States after a funding round that raised its valuation fivefold to over…
United State Treasury yields were little changed early on Tuesday, as investors digested jobs data and comments from Federal Reserve officials, while awaiting key inflation readings later this week. The…
Samsung Electronics (005930.KS) vice chairman Jay Y. Lee, in jail after convictions for bribery, embezzlement and other charges, has qualified for parole and is expected to leave prison this Friday,…
Shares in Krafton Inc (259960.KS), the Tencent Holdings-backed (0700.HK) South Korean company behind blockbuster video game “PlayerUnknown’s Battlegrounds” (PUBG), fell as much as 20% from their IPO price on their…
Apple Inc (AAPL.O) on Monday said that iPhone users’ entire photo libraries will be checked for known child abuse images if they are stored in the online iCloud service. The…
Asian stocks started off on a weak footing on Tuesday after a largely soft performance on Wall Street and as persistent concerns over the spread of the Delta variant of…
Two Federal Reserve officials said on Monday that the U.S. economy is growing rapidly and that while the labor market still has room for improvement, inflation is already at a…
The pound slipped slightly in early trading on Monday, but was still close to its strongest versus the euro since February 2020, as investors focused on the possible pace of…