Markets Wrap
European stocks dropped alongside U.S. equity futures on Tuesday, tracking broad declines across Asia amid a series of negative developments in Hong Kong and worries about a deadly virus in…
3 Stocks to Buy and Hold for the Next 50 Years
Warren Buffett famously said “Our favorite holding period is forever,” and it’s good advice. Periodically reviewing your stocks is wise, but ultimately we’re looking for companies whose shares we can…
US Stock Index Futures Decline Amid China Virus Worries
U.S. stock index futures indicated a negative start after the long weekend, mirroring a sell-off in global equity markets as concerns over the spread of a SARS-like virus from central…
Key Levels for Amazon Stock in the First Half of 2020
Amazon.com, Inc. (AMZN) stock closed 2019 at $1,847.84 and closed Friday, Jan. 17 at $1,864.72, up just 0.9% so far in 2020. The stock is in bull market territory at…
Facebook passes important notice on ‘harmful’ content
Following up on the news that Facebook is hiring 1,000 more people in London, Steve Hatch, its vice-president for northern Europe, has been talking to the BBC’s Today programme. Mr…
China Virus Outbreak Thwarts Most Bullish Stock Market in Years
A virus outbreak in China is sending shockwaves through the country’s stock market, denting what had been growing enthusiasm toward shares. Consumer shares were among leading decliners in the FTSE…
BREAKING: Asian Stocks Fall As New Virus Fears Grow
Shares in Asia have fallen as worries grow about a new virus that has so far killed four people, after authorities confirmed it can spread through human contact. China’s Shanghai…
GTBank Reduces “Quick Credit” Interest Rate To 1.33% Monthly
Guaranty Trust Bank, Nigeria’s largest bank by market capitalization, has crashed its interest rate for its ‘quick credit’ facility from 1.75% to 1.33% per month. The bank reviewed its rate,…
Electricals Business “Sparked Into Life”
Commenting on the latest trading update from Dixons Carphone, Richard Lim, chief executive of Retail Economics, said: “These are solid numbers boosted by the electricals business that sparked into life.…
TalkTalk sells fibre network for £200m
TalkTalk has agreed the £200m sale of its FibreNation fibre network business to CityFibre, a company backed by Goldman Sachs. The sale of the business had been delayed last year…
Customers Slam GTBank Over Several Hours Of Downtime
Nigerian multinational financial institution Guaranty Trust Bank plc also known as GTBank is currently having network issues and customers have taken their frustration to social media, wondering what the problem…
Business Leaders Demand Substantial Reasons For Brexit From UK Govt
The government must urgently publish its negotiating objectives for the next stage of Brexit talks, the Institute of Directors (IoD) has said, as it warned that business needs time to…
World Economic Forum 2020: Five Things To Look Out For
Some of the world’s top business people and politicians – plus a smattering of celebrities – will gather in Davos, Switzerland, for the World Economic Forum (WEF) this week. US…
How CBN Can Devalue Naira By 5 – 10 % – Analysts
The Central Bank of Nigeria (CBN) could devalue the Naira between 5-10% in 2020, according to analysts at EGM Hermes. Nigeria’s exchange rate between the naira and the United States…