Nigerian President Withholds Approval Of Exxon Mobil’s Asset Sale.
Nigeria’s President Muhammadu Buhari has withheld his initial approval of Exxon Mobil’s (XOM. N) sale of local offshore shallow water assets to…
Day: August 11, 2022
TORN’s Price Dips By 45% In Two Days After United State’s Ban On Tornado Cash.
It looks like the gloves are off as TORN, the native token of crypto privacy platform, Tornado Cash; is down…
Flutterwave Hires 200, Grows Workforce By 38%.
Flutterwave has said it has completed the recruitment process for its inaugural graduate trainee programme; and grown its staff base…
General Atlantic Hires Durham For Tech Buyouts.
Private equity firm General Atlantic has hired veteran technology dealmaker Jonathan Durham to expand in corporate buyouts; an area in…
Most Gulf Bourses Rise, Abu Dhabi At Record.
Major stock markets in the Gulf rose in early trade on Thursday after softer-than-expected U.S. inflation data encouraged bets of…
Binance Says It Is Winning Crypto Clients Thanks To Inflation.
Binance, the world’s largest cryptocurrency exchange, is seeing a surge in clients due to rising inflation; and a historically strong…
Factbox: Is Global Inflation Nearing A Peak?
Calling the top of the current wave of inflation has been a painful exercise for economists; and central bankers, who…
Asian Currency Bears Retreat As Inflation View Improves.
Bearish bets on emerging Asian currencies eased on hopes that monetary tightening will cool red-hot inflation; with short bets on…
China’s July Auto Sales Extend Recovery, Jump 30% As COVID Curbs Ease.
China’s auto sales surged 29.7% in July from a year earlier to 2.42 million units, extending a recovery that began…
FTSE 100 Stalls As Rio Tinto, Healthcare Stocks Weigh.
Britain’s top share index was flat, weighed down by Rio Tinto and healthcare stocks, while the midcap index hit a…
Analysis: Softer Inflation ‘Huge Relief’ For Battered Investors In U.S. Stocks And Bonds.
Softer than expected U.S. inflation data buoyed investors’ faith that twin rebounds in stocks and bonds will persist in a…
U.S Gasoline Prices Fall Below $4 For First Time Since March.
The average price of U.S. retail gasoline fell below $4 per gallon on Thursday for the first time in months,…