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Year: 2022

Apple Sets Sept 5 Deadline For Employees To Return To Office – Bloomberg.
Business

Apple Sets Sept 5 Deadline For Employees To Return To Office – Bloomberg.

Apple Inc (AAPL.O) has set a Sept. 5 deadline for corporate employees to return to office at least three days a week.…

byakintundeAugust 16, 2022August 16, 2022
Tencent Stops Sales On Its NFT Platform Huanhe A Year After Launch As Scrutiny Mounts.
MarketNFTs

Tencent Stops Sales On Its NFT Platform Huanhe A Year After Launch As Scrutiny Mounts.

Chinese internet giant Tencent Holdings’ (0700. HK) non-fungible token (NFT) platform Huanhe will no longer release digital collectibles to the public, as…

byakintundeAugust 16, 2022February 8, 2023
Exclusive: Tencent Plans To Divest Meituan Stake Worth $24 Billion.
Business

Exclusive: Tencent Plans To Divest Meituan Stake Worth $24 Billion.

China’s Tencent Holdings (0700. HK) plans to sell all or a bulk of its $24 billion stake in food delivery firm Meituan (3690.…

byakintundeAugust 16, 2022August 16, 2022
Sterling Barely Changed Following Conflicting Labor Market Statistics.
Business

Sterling Barely Changed Following Conflicting Labor Market Statistics.

The British pound was little changed, having briefly fallen to its lowest level in over a week, after mixed data…

byakintundeAugust 16, 2022August 16, 2022
Inflation Creates Recession Anxiety, Lowering Investor Confidence In Germany.
Market

Inflation Creates Recession Anxiety, Lowering Investor Confidence In Germany.

German investor sentiment fell slightly in August on concerns the rising cost of living will hit private consumption, and suggesting…

byakintundeAugust 16, 2022August 16, 2022
Rouble Weakens Towards 62 vs Dollar, tocks up.
Europe

Rouble Weakens Towards 62 vs Dollar, tocks up.

The rouble weakened towards 62 to the U.S. dollar, pressured by falling oil prices but supported by looming taxes; that…

byakintundeAugust 16, 2022August 16, 2022
Pandora Shares Fall On Disappointing U.S. Sales.
Market

Pandora Shares Fall On Disappointing U.S. Sales.

Jewellery maker Pandora (PNDORA. CO) reported disappointing second-quarter sales in the U.S. Market; prompting its shares to fall, but reaffirmed its annual…

byakintundeAugust 16, 2022August 16, 2022
South Africa Network Provider Rain To Submit Merger Proposal To Telkom In Due Course.
AfricaBusiness

South Africa Network Provider Rain To Submit Merger Proposal To Telkom In Due Course.

South Africa’s data-only network provider rain intends to submit a formal non-binding proposal to bigger rival Telkom (TKGJ. J) in due course,…

byakintundeAugust 16, 2022February 8, 2023
Cryptoverse: Electric Ether Leaps On Verge Of Merge.
Crypto

Cryptoverse: Electric Ether Leaps On Verge Of Merge.

It looks like ethereum’s mega-upgrade is happening. Finally. After years of delays, the “Merge” seems all but certain to take…

byakintundeAugust 16, 2022August 16, 2022
Russia Says ‘No Need’ To Use Nuclear Weapons In Ukraine.
Europe

Russia Says ‘No Need’ To Use Nuclear Weapons In Ukraine.

 Russia has “no need” to use nuclear weapons in Ukraine, its defence minister said; describing media speculation that Moscow might…

byakintundeAugust 16, 2022August 16, 2022
To Reduce Pollution, The United States Is Providing $1.66 Billion For New Buses.
investment

To Reduce Pollution, The United States Is Providing $1.66 Billion For New Buses.

The U.S. Transportation Department said it is awarding $1.66 billion in grants to cities and states to buy 1,800 buses…

byakintundeAugust 16, 2022August 16, 2022
Inflation Reduces Income While The UK’s Hot Labor Market Cools.
Market

Inflation Reduces Income While The UK’s Hot Labor Market Cools.

Britain’s super-hot labour market showed signs of cooling in official data published; as businesses became more cautious about hiring and…

byakintundeAugust 16, 2022August 16, 2022
Amid Concerns About A Recession, Stocks And Oil Prices Are Unsteady.
Market

Amid Concerns About A Recession, Stocks And Oil Prices Are Unsteady.

Stock markets struggled for direction as they grappled with worries over global growth; following weak Chinese and U.S. economic data…

byakintundeAugust 16, 2022August 16, 2022
Dutch Detain Suspected Developer Of Crypto Mixer Tornado Cash
CryptoCurrency

Dutch Detain Suspected Developer Of Crypto Mixer Tornado Cash

Dutch authorities said they had arrested a 29-year-old man believed to be a developer for the crypto mixing service Tornado…

byakintundeAugust 15, 2022August 15, 2022
Australian Court Orders Google To Pay $43 Million For Misleading Users.
Technology

Australian Court Orders Google To Pay $43 Million For Misleading Users.

Australia’s competition watchdog said on Friday that Alphabet Inc’s (GOOGL. O) Google unit was by the country’s Federal Court to pay A$60…

byakintundeAugust 15, 2022August 15, 2022
Sterling Falls Vs Dollar As Focus Turns To UK Data.
Currency

Sterling Falls Vs Dollar As Focus Turns To UK Data.

The British pound fell against a broadly stronger dollar at the start of a week where traders and the Bank…

byakintundeAugust 15, 2022February 8, 2023
FG Borrows N2.45tn From CBN Amid Fiscal Risks-Nigeria.
Local

FG Borrows N2.45tn From CBN Amid Fiscal Risks-Nigeria.

The Federal Government’s total borrowing from the Central Bank of Nigeria through Ways and Means Advances rose from N17.46tn in…

byakintundeAugust 15, 2022August 15, 2022
Aegon Leads Gains Among Insurers.
Business

Aegon Leads Gains Among Insurers.

European shares edged higher after a strong rally in the previous session on signs of U.S. inflation cooling, while Aegon…

byakintundeAugust 15, 2022August 15, 2022
Nigeria’s Banking Sector Leads, Attracts $1.47 Billion Foreign Inflows In Six Months.
Local

Nigeria’s Banking Sector Leads, Attracts $1.47 Billion Foreign Inflows In Six Months.

The Nigerian banking industry attracted $1.47 billion as capital inflows in the first half of 2022, an increase of 109.8%…

byakintundeAugust 15, 2022August 15, 2022
What Crypto Assets Investors Are Buying In August Amid Ongoing Bullish Rally.
Crypto

What Crypto Assets Investors Are Buying In August Amid Ongoing Bullish Rally.

The actions of a certain group of investors in the crypto market have shown where they are putting their funds;…

byakintundeAugust 15, 2022August 15, 2022
Ether Trades At $1,900 On The Success Of Goerli Testnet Merge.
Crypto

Ether Trades At $1,900 On The Success Of Goerli Testnet Merge.

Ether, the native token of the Ethereum blockchain, is leading the altcoin rally in the London session; as it is…

byakintundeAugust 15, 2022August 15, 2022
Ghana’s Inflation Rate Rises To 31.7% In July 2022.
Africa

Ghana’s Inflation Rate Rises To 31.7% In July 2022.

Ghana’s inflation rate rose further in the month of July 2022 after the headline rate surged to 31.7%; from 29.8%…

byakintundeAugust 15, 2022August 15, 2022
Coinbase Posts $1.1 Billion Loss In Q2 2022, Worst Since Listing On NASDAQ.
Local

Coinbase Posts $1.1 Billion Loss In Q2 2022, Worst Since Listing On NASDAQ.

Citing “fast and furious” downturn of the crypto markets, Coinbase, one of the largest cryptocurrency exchanges; in the world by…

byakintundeAugust 15, 2022August 15, 2022
Iranian Government Makes First Crypto Payment For Imports Worth $10 Million.
Crypto

Iranian Government Makes First Crypto Payment For Imports Worth $10 Million.

The Iranian government has registered its first import order, to the tune of $10 million; Iran opted to this payment…

byakintundeAugust 15, 2022August 15, 2022
Samsung Unveils New Foldable Smartphones.
Technology

Samsung Unveils New Foldable Smartphones.

Samsung Electronics (005930.KS) unveiled its latest high-end foldable smartphones; keeping prices at the same level as last year’s in a bid to…

byakintundeAugust 15, 2022August 15, 2022
EU To Stand Firm In Clash With Poland Over Cash, Officials Say.
Europe

EU To Stand Firm In Clash With Poland Over Cash, Officials Say.

Brussels is unlikely to back down on its demand that Poland respect the rule of law to receive post-pandemic recovery…

byakintundeAugust 15, 2022August 15, 2022
Sterling slumps 0.5% vs euro ahead of UK GDP data.
Currency

Sterling slumps 0.5% vs euro ahead of UK GDP data.

Sterling fell against the euro a day ahead of gross domestic product (GDP) figures which are to show further signs…

byakintundeAugust 12, 2022August 12, 2022
Indian Govt Working With Cenbank To Control Inflation.
World

Indian Govt Working With Cenbank To Control Inflation.

India’s federal government is working with its central bank to take measures and control inflation, a top government source said…

byakintundeAugust 12, 2022August 12, 2022
Google Opposes Facebook-backed Proposal For Self-Regulatory Body In India.
Technology

Google Opposes Facebook-backed Proposal For Self-Regulatory Body In India.

Google has grave reservations about developing a self-regulatory body for the social media sector in India to hear user complaints;…

byakintundeAugust 12, 2022August 12, 2022
40 Technical Colleges to Benefit from World Bank Environmental Safeguard Measures.
World

40 Technical Colleges to Benefit from World Bank Environmental Safeguard Measures.

An estimated 40 Technical Colleges in Nigeria alongside the private sector would benefit from the World Bank; assisted project which…

byakintundeAugust 12, 2022August 12, 2022

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