Real Time Financial News Website
Google (GOOGL.O) said on Wednesday it was appealing against a 500 million euro ($591 million) fine imposed by France’s antitrust watchdog in July over a dispute with local media about…
Akinwumi Adesina, president of the Africa Development Bank (AfDB), has hailed Singapore’s huge investments in Africa amid the Covid-19 pandemic. Speaking at a panel discussion of the virtual Africa-Singapore Business…
Nigerian banks have asked customers to return unutilised dollars within two weeks from the day of purchase, in response to the Central Bank of Nigeria (CBN)’s directive. The CBN on…
Oil prices rose on Wednesday before an OPEC+ meeting at which the producer club is expected to stick to a plan to add 400,000 barrels per day (bpd) each month…
Dutch electric bicycle maker Van Moof on Wednesday said it has raised $128 million to expand production and speed its growth in an investment round led by private equity firm…
The Federal Government has said that it has disbursed N56.8bn to one million Micro, Small and Medium Scale businesses under its MSMEs Survival Fund Scheme. According to the government, the…
Energy companies’ efforts to get workers back to production platforms and refineries to make repairs after Hurricane Ida lashed Louisiana are being stymied by the extent of infrastructure damage from…
State-backed firms are set to take a sizeable stake in a key Ant Group asset for the first time, three people told Reuters, in a move that will loosen the…
China will boost financing support for small firms by increasing annual relending quotas by 300 billion yuan ($46.39 billion), the cabinet said on Wednesday. China will step up support for…
Dr. Chikwe Ihekweazu of Nigeria’s Center for Disease and Control has been appointed Assistant Director-General of the World Health Organization (WHO) in charge of Health Emergency Intelligence with effect from…
The Organisation of the Petroleum Exporting Countries and its allies will meet on Wednesday (today) to decide whether to press on with plans to increase crude oil production by 400,000…
Shares in Asia-Pacific were mixed on Wednesday, as a private survey showed shrinking Chinese factory activity in August. Mainland Chinese stocks closed mixed as the Shanghai composite advanced 0.65% to…
Gold prices were little changed on Wednesday as investors awaited a key U.S. jobs report for clues on when the Federal Reserve might start reducing its pandemic-era stimulus measures. Spot…
U.S. stock futures were higher in early morning trading on Wednesday after the S&P 500 notched a seven-month win streak in August. Dow Jones Industrial Average futures rose 143 points.…
The Australian government is considering new laws that would tighten the regulation of digital payment services by tech giants such as Apple and Alphabet’s Google. Treasurer Josh Frydenberg said he…
Walmart said Wednesday it plans to hire 20,000 employees to help keep merchandise moving ahead of the anticipated holiday shopping rush. The big-box retailer, which is already the nation’s largest…
The pan-European Stoxx 600 gained 0.8% in early trade, with retail stocks climbing 1.5% to lead gains while basic resources slipped 0.5%. The positive start to the session came after…
Google is edging closer to rolling out its own central processing units, or CPUs, for its Chromebook laptops, according to a report from Nikkei Asia on Wednesday that cites people…
U.S. Treasury yields climbed on Wednesday morning, ahead of the release of ADP’s August national employment report. The yield on the benchmark 10-year Treasury note added 2 basis points, rising…