Intel Invest €80 Billion In Boosting Europes Chip Capacity
Intel Corp on Tuesday said it could invest as much as 80 billion euros in Europe over the next decade to…
Category: Business
Automated Checkout Introduced At Whole Foods Stores – Amazon
Amazon is introducing its automated checkout technology to two Whole Foods stores, the company announced on Wednesday, marking the latest…
China’s Central Bank Applies Brakes On Planned Economic Stimulus
China’s central bank policymakers pushed back Tuesday on expectations they would take aggressive measures to boost economic growth. “China’s monetary…
Wall Street Worried Over Slowing Economy Recovery
The Dow Jones and S&P 500 fell on Tuesday, as worries over the slowing pace of economic recovery overshadowed hopes…
Toyota To Spend $13.5 Billion On Electric Vehicle Battery By 2030
Toyota said on Tuesday that it expects to spend more than $13.5 billion by 2030 to develop its electric battery…
United Oil & Gas Signs Binding Deal To Sell North Sea Assets
United Oil & Gas PLC (AIM:UOG, FRA:1UO) is advancing its deal to sell its North Sea licences, signing a binding agreement…
Chinese Stocks Rise As Data Shows China’s Exports In August Beat Expectations
Shares in Asia-Pacific were mixed in Tuesday trade, as data showed China’s August trade data came in above expectations. The…
India, Netherlands, Spain Emerge Top Export Destinations for Nigeria’s Crude Oil
India, Netherlands and Spain have now filled the vacuum left by the United States as top buyers of Nigeria’s crude…
Nigeria: Fintech Group Raises N2.2bn Series 1 Note
CapitalSage Technology Limited a Fin Tech company has raised a N2.2bn series 1 Private Company Notes issue, under its N10bn…
Payrolls And The Stock Market: Wall Street Usually Shrugs Off Jobs Report
Markets always look to the Labor Department’s monthly employment report with great anticipation. But whether the data disappoints or surprises…
Wall St Week Ahead Investors Grow Wary As Stocks Hit New Highs
Investors are girding their portfolios for potential stock market volatility, even as equities hover near fresh highs after logging seven…
Flipkart Co-Founder Challenges Indian Enforcement Agency Probe
The future looked promising for Tinashe Mapuranga, an intern at a leading bank in Zimbabwe who appeared set to get…
Loud And Proud: Shake Shack’s Recipe For An Inclusive Workplace
If there is a key mantra for companies right now, it has to be “diversity and inclusion.” With issues of…
Exclusive Amazon To Proactively Remove More Content That Violates Rules From Cloud Service -Sources
Amazon.com Inc (AMZN.O) plans to take a more proactive approach to determine what types of content violate its cloud service policies, such…
China Set To Sell 1.7 Million NEVs Between Jan-Aug, Nearly Tripling On-Year
China, the world’s biggest vehicle market, is expected to sell 1.7 million new energy vehicles (NEV) in the first eight…
Victim Of Tesla Crash In Texas Had Alcohol Level Exceeding Legal Limit
One of the two victims of a fatal crash involving a Tesla car in Texas had a blood-alcohol level that…
CBN Gets Eight New Directors
Nwanisobi had been in acting capacity since last October, when his predecessor, Isaac Okorafor retired. A statement from the CBN…
Africa’s Cross-Border Trade is Worth $93b – Osinbajo
The Vice President, Professor Yemi Osinbajo, has estimated the value of informal trade in the African Continent to be in…
Reserves Hit Two-Month High, Naira Plunges Further
Nigeria’s foreign reserves have hit a two-month high, data released by the Central Bank of Nigeria (CBN) have shown. Sadly,…
Oil Set For Second Weekly Gain As Stockpiles Drop, Dollar Eases
Oil headed for a back-to-back weekly gain, supported by signs that the global crude market is tightening and a weaker…
Canada FX Debt-Canadian Dollar Climbs To 2-Week High As Oil Rallies
The Canadian dollar rose to its highest level in more than two weeks against its broadly weaker U.S. counterpart on…
Yuan Retreats After Touching Month High, Weak Services Activity Dampens
China’s yuan briefly touched a one-month high against a softer dollar before giving up all the gains by midday on…
Emirates Extends Suspension Of Nigerian Flights To September 19
Travel to and from Nigeria remains suspended as there is no testing facility available at Lagos airport Emirates has extended…
Sylva To Launch $50m Oil Industry Research, Development Fund Protocol
The Minister of State for Petroleum Resources, Chief Timipre Sylva, will next week launch the oil and gas Research and…
Ogun Unveils Business Registration Portal, Waives Backlog
As part of efforts to address challenges in business premises registration and improve the ease of doing business, the Ogun…
Brent Crude Crosses $73 Per Barrel
Oil prices rose more than $1 a barrel yesterday, rebounding on optimism about the pace of global economic growth despite…
Analysis-Weak August U.S. Jobs Report Throws Doubt On Fed Taper
The weak U.S. jobs report for August complicates what had seemed a clear path for the Federal Reserve to begin…
Chevron Braces For Activist Challenge; Meets Engine No.1 Representatives- WSJ
Chevron Corp (CVX.N) is preparing to defend itself against a potential activist challenge and met with representatives of the pro-environment fund which…
Exclusive FedEx Faces Labor Union Challenge Over Billionaire CEO’s Pay
FedEx Corp (FDX.N) shareholders should reject founder and CEO Fred Smith’s $54 million pay package because the logistics company gave him stock…
LinkedIn Is Shutting Down Its Stories Feature To Work On Short-Form Video
Linkedin announced that that it will suspend its Stories feature on September 30 and begin working on a different way…