As Gas Prices Rise, White House Says OPEC Action Is ‘Simply Not Enough,’ Calls For Federal Trade Commission Scrutiny
The White House will call on OPEC and its oil-producing allies to boost production in an effort to combat climbing…
Author: akintunde
Deliveroo Doubled Orders And Trimmed Losses In The First Six Months Of 2021
Deliveroo doubled orders in the first half of 2021, as appetite for food delivery services held up even as coronavirus…
Treasury Yields Climb Ahead Of Consumer Price Index Inflation Data
U.S. Treasury yields climbed on Wednesday morning, ahead of the release of the July consumer price index, a key inflation…
Biden Says Afghans Must ‘Fight For Themselves’ As Taliban Advances, Does Not Regret United State Withdrawal
President Joe Biden said Tuesday he does not regret his decision to withdraw U.S. forces from Afghanistan, a move that…
Senate Approves Framework Of $3.5 Trillion Budget Plan That Would Expand Medicare, Tax Credits And Climate Initiatives
Senate Democrats took their first step toward passing a $3.5 trillion spending plan as the party forges ahead with a…
United Nation Climate Report Is Our ‘Final Wake-Up Call,’ Say Environmental Experts
A damning new U.N. report warning of certain devastation from climate change has been dubbed humanity’s “final wake-up call” by…
More Than $600 Million Stolen In What Is Likely To Be One Of The Biggest Cryptocurrency Thefts Ever
More than $600 million has been stolen in what’s likely to be one of the biggest cryptocurrency thefts ever. Hackers…
Surging Demand For Renewable Will Boost These 3 Metals, Analysts Predict
A transition to renewable sources of energy will prompt a surge in demand for base metals in the coming years,…
Stocks Are Little Changed After Democrats Release Budget Proposal
Democrats unveiled their $3.5 trillion budget proposal on Monday, calling for significant spending increases for social programs and climate policy.…
This Group Of Stocks Is On The Cusp Of Another Breakout, Oppenheimer Says
Momentum stocks have picked up speed to begin the week. The MTUM ETF, which holds stocks such as Alphabet and…
SoftBank Unit Behind Risky Multibillion-Dollar Tech Bets Dumps Microsoft, Facebook, Alphabet And Netflix Shares
SoftBank has offloaded shares of U.S. tech giants like Facebook, Microsoft, Alphabet and Netflix, according to its latest financial report…
China’s Covid Lockdown Could Have Economic Costs To The World, Says Strategist
China has tightened Covid-19 measures to combat an uptick in daily cases — a move that could hold back the…
The ‘Buy Now, Pay Later’ Trend Could Be The Next Hidden Source Of Consumer Debt, Analysts Warn
Buy now, pay later” options are becoming increasingly popular, but analysts warn of default risks given the lack of credit…
Ireland Stares Down Major Changes To Its Tax System
As the OECD’s deadline for finalizing major reforms to the global tax system draws near, the Irish government recently opened…
People who are fully vaccinated against Covid-19 are highly protected against severe infection, hospitalization and death caused by the virus.…
Treasury Yields Little Changed Ahead Of Inflation Data, Infrastructure Vote
United State Treasury yields were little changed early on Tuesday, as investors digested jobs data and comments from Federal Reserve…
Stocks Making The Biggest Moves In The Premarket: Sanderson Farms, U.S. Foods, Tyson Foods And More
Sanderson Farms (SAFM) – The poultry producer agreed to be acquired for about $4.5 billion, or $203 per share, by…
SPACs are getting hit by a rising number of class-action lawsuits as more hyped-up deals turn out to be flops.…
Deliveroo Shares Rise After German Rival Takes Stake In The Business
Shares of food delivery firm Deliveroo climbed over 10% Monday after the company announced larger German rival Delivery Hero has…
Treasury Yields Start The Week Higher With Job Openings And Inflation Data In Focus
Treasury yields rose early on Monday, with investors focusing on job openings data set to come out later in the…
Helios Fairfax Taps Ujiri As Non-Executive Director
Helios Fairfax Partners Corporation (“Helios Fairfax”) (TSX:HFPC.U) announces that it has appointed Masai Ujiri as an independent director. Ujiri grew…
Oikocredit Provides Loan To Malian Mango Processor
Social impact investor Oikocredit provided a loan of € 1.6 million to Comafruits, a fruit processing company in Mali. Comafruits…
Kenya Wapi Pay Secures $2.2m Pre-Seed Round To Ease Payments Between Africa And Asia
Investors that took part in the round include MSA Capital, EchoVC, Kepple Africa, Future Hub, Transsion Holdings and Gobi Ventures.…
Naspers Foundry Makes Second Insuretech Deal In Two Weeks
Naspers has been making news headlines in the past few weeks, with Naspers’ subsidiary Prosus coming under pressure due to…
Kuda Valued At $500 Million After Quick Series B
The Nigerian fintech company, Kuda, announced Monday it has closed a $55 million Series B funding co-led by Valar ventures…
African Utilities Group Eranove Gains New Key Shareholder
Africa-focused public utilities manager Eranove Group has a new key shareholder after a $200 million investment by a company formed…
Asia-Pacific Markets Advance, With Hong Kong Shares Up Almost 1%
Asia-Pacific markets traded mostly higher on Monday, with indexes in Australia, Hong Kong and the Chinese mainland posting gains. Australia’s…
Stock Futures Are Flat After Dow Closes At Record Friday
Stock futures were flat in overnight trading Sunday after the Dow Jones Industrial Average notched a record close Friday following…
Southeast Asia’s Tech Start-Ups Could be valued at $1 trillion By 2025, VentuCapital Firm Predict
Southeast Asia’s technology start-ups had a combined valuation of $340 billion last year and that figure may jump more than…
European Markets Set To Start The Week On A Negative Note
European stocks are expected to open in negative territory on Monday, bucking more positive sentiment overnight in Asia. London’s FTSE…