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Wall Street Set To Pull Back After S&P Hits Record High
Wall Street's main indexes were set to open lower on Wednesday following a record close for the S&P 500, while…
U.S. Private Payrolls Growth Slows In July- ADP
U.S. private payrolls increased far less than expected in July, likely constrained by shortages of workers and raw…
Brazil Retailers Hunt For M&A Deals To Compete For E-Commerce Dominance
In March last year, Oziel da Silva Santos needed a new TV but with stores closed due to COVID-19 restrictions in…
New York Times Digital Subscription Growth Slows To Lowest In Three Years
The New York Times Co's (NYT.N) quarterly digital subscription growth slowed to its lowest in three years as the…
Factbox: China’s Key Commodities Targeted By Beijing’s Recent Measures
As a key producer, importer and consumer of most of the world's major commodities, China is uniquely sensitive to…
Tyson Foods, Microsoft Mandate Vaccinations, U.S. Automakers Mask Up
Tyson Foods Inc (TSN.N), Microsoft Corp (MSFT.O) and Detroit's Big Three automakers joined a growing list of U.S.…
Toyota, Honda Beat Profit Estimates But Warn Of Extended Chip Crunch
Toyota Motor Corp (7203.T) posted record quarterly earnings and Honda Motor Co (7267.T) raised its annual profit…
Stocks making the biggest moves premarket: General Motors, CVS Health, Kraft…
General Motors (GM) – General Motors missed the consensus estimate of $2.23 per share with an adjusted…
General Motors Misses Wall Street Second-Quarter Earnings Expectations, Raises…
General Motors missed Wall Street’s earnings expectations for the second-quarter despite a strong profit and…
Made in China’ Products Are Running Into New Logistics Problems
Chinese companies wanting to go global are running into shipping problems.
Access to cheap manufacturing at home…
After $75b Investments In 20 Years, Telecoms Service Still Struggling
Twenty years after the Nigerian Communications Commission (NCC) licensed the first two Mobile Network Operators…
Kiwi Dollar, Aussie Jump On Central Bank Talk
The New Zealand and Australian dollar were the biggest gainers among major currencies on Tuesday, helped by talk…
Oil Falls A Second Day With Delta’s Spread Threatening Demand
Oil fell for a second day as the spread of the delta coronavirus variant, including in the key market of China,…
Sterling Gains On Optimism For UK’s COVID-19 Restrictions Outlook
Sterling rose on Tuesday, helped by recent falls in COVID-19 infections in Britain, optimism around Britain's…
UK Inflation Forecast To Hit 3.9% In Early 2022
UK consumer price inflation has been forecast to hit 3.9% next year, a think tank said on Monday.
The…
Moscow Exchange To Extend Bond Trading Hours To Attract Retail Investors
The Moscow Exchange (MOEX) plans to extend the hours during which bonds can be traded from this autumn in a move…
Dollar On Back Foot Vs Safe-Haven Peers As Delta Virus Spreads
The dollar was on the back foot against the safe-haven yen and Swiss franc on Tuesday after soft U.S. manufacturing…
China’s Yuan Slips As Domestic Coronavirus Cases Rise
China's yuan weakened on Tuesday
as a surge of coronavirus cases of the Delta variant in the
country…
Businesses Face Many Challenges In Nigeria, Says US Envoy
The United States Consul General in Nigeria, Claire Pierangelo, has said that businesses in Nigeria face many…
Marvell Tech To Acquire Innovium For $1.1 Bln As It Courts More Cloud Customers
Marvell Technology Inc (MRVL.O) on Tuesday said it has agreed to acquire chip startup Innovium in a $1.1 billion…
UK Takeovers Hit 14-Year High In First Seven Months Of 2021
Takeovers of British companies hit a 14-year high by value in the first seven months of 2021, Refinitiv data…
Hong Kong Regulator Fines UBS $1.5 Mln For Compliance Breaches
Swiss bank UBS (UBSG.S) was fined HK$11.55 million ($1.5 million) by Hong Kong's securities regulator for failing…
Hippo CEO Hopes Listing Will Fuel Better Insurance Coverage For Homeowners
Hippo Enterprises Inc (RTP.N) wants to change homeowners' insurance by using customer data to make it faster and…
Senegal Seeks Nigeria’s Support To Develop Oil, Gas Sector
The Minister of State for Petroleum Resources, Chief Timpre Sylva, has commended the effort of the Senegalese…
UAC Of Nigeria Reports N46.5bn Revenue In H1 2021
UAC of Nigeria Plc has announced N46.5billion revenue in its unaudited result and accounts for half year ended June…
Economists Fear Europe’s Recovery Could Be Derailed By One Key Issue
European consumers are proving more reluctant to spend money this summer, and it could hurt the economic recovery…
Transcorp Hotels Records 84% Revenue Growth
Transcorp Hotels Plc has announced its un-audited financial statements for the half-year ended June 30, 2021.…
Anxiety Over Earnings Pushes Indices Up By N327 Billion In July
Anticipation of improved half-year (H1) earnings and accompanied dividend declarations triggered bargain-hunting on…
Crypto Sector Sees Outflows For 4th Week In A Row, CoinShares Data Shows
Cryptocurrency investment products and funds posted outflows for a fourth consecutive week, the bulk of which came…
StanChart Resumes Dividends And Buybacks As Profit Recovers
Standard Chartered PLC (STAN.L) posted a higher than expected 57% jump in first-half pretax profit and announced a…