Pandemic-Era Investment Rules Pose Hurdles For Sovereign Funds, Report Says
Sovereign wealth funds will have to navigate growing regulatory scrutiny across some of their favoured areas for investment such as…
Category: Investing
Asian Stocks Perk Up On Economic Cheer As Treasuries Stabilise
Asian shares edged higher on Wednesday as investors shrugged off concerns that stocks may have rallied too far too fast…
Abercrombie & Fitch Profit Beats On Lower Costs, Higher Holiday Pricing
Abercrombie & Fitch Co reported a better-than-expected quarterly profit on Tuesday and said it would resume share buybacks, as the…
Hertz Set To Ride Out Of Bankruptcy With $4.2 Billion From Investment Firms
Two investment firms will buy a majority stake in Hertz Global Holdings Inc for $4.2 billion under a restructuring plan…
Imperial Acquires SA E-commerce Startup ParcelNinja
Logistics company Imperial recently announced that it has acquired 60% of ParcelNinja. The deal took effect on 1 February. The…
Forex Trading As A Pyramid Scheme – A New Fad
There is an ongoing forex craze fueled by multi-level marketing schemes with the promise to earn you passive income on…
Forex Trading: A Beginner’s Guide
Forex is a portmanteau of foreign currency and exchange. Foreign exchange is the process of changing one currency into another currency for a…
Few Safe Havens As Equities Lose N1.36tr In February
Nigerian equities sunk into the red in February with sustained losses in four consecutive weeks eroding early gains and building…
European Central Bank Has Flexibility To Counter Undesired Yield Rise: De Guindos
The European Central Bank has the flexibility to counter any undesired rise in bond yields, the bank’s vice president told…
Walmart’s Flipkart Expands Grocery Sales To More Indian Cities
Walmart-owned Flipkart will sell groceries online in more Indian cities, as it seeks to compete better with Amazon and Reliance…
Tyme Raises $110 Million To Grow Digital Bank For Underserved In South Africa, Asia
After raising $110 million in a Series B capital raise, Tyme plans to expand its digital bank for the underserved…
Emerging Capital Partners Crosses The Threshold Of 5% Of SAH Lilas Capital
Emerging Capital Partners (ECP), a pan-African leader in private equity, announced on February 3, 2021 that it had crossed the…
Nigeria: FMDQ Exchange Admits Parthian Partners N20 Billion CP
The FMDQ Securities Exchange Limited has announced the registration of the Parthian Partners Limited ₦20.00 billion Commercial Paper (CP) Programme…
Dangote Grooms Nigerian Engineers To Manage Refinery Complex On Completion
The Management of Dangote Oil Refinery is preparing young Nigerian graduates to take over the management of its 650,000 barrels…
Startimes Faces Winding Up Order Over $11 Million Debt
StarTimes, the Chinese-owned Pay-TV operator with tentacles across Africa, is at “serious risk” of receiving a court-mandated “winding-up” order over…
Asian Equities Face Outflows In February Due To Rise In U.S. Bond Yields
Foreigners were net sellers of Asian equities for a second consecutive month in February, hit by a jump in U.S.…
How A 10-Second Video Clip Sold For $6.6 Million
In October 2020, Miami-based art collector Pablo Rodriguez-Fraile spent almost $67,000 on a 10-second video artwork that he could have…
Texas Electricity Firm Files For Bankruptcy Citing $1.8 Billion In Claims From Grid Operator
Texas’s largest and oldest electric power cooperative on Monday filed for bankruptcy protection in federal court in Houston, citing a…
Risk Currencies Recover From Friday Carnage As Bonds Regain Composure
The Australian dollar and other riskier currencies rebounded against the U.S. dollar on Monday, as a sell-off last week in…
Bank Of England Official Warns Inflationary ‘Tiger’ Has Awoken, Sending Bond Yields Higher
U.K. bond yields rose on Friday after Bank of England Chief Economist Andy Haldane warned that inflation may become difficult…
My $1.9 Billion In Minnesota Bank – Femi Adesina
Let’s have a comic diversion today from weightier matters of our national life. Because what I want to discuss can…
Bond Markets Left Smarting From Worst Rout In Years As Reflation Goes Global
From the United States to Germany and Australia, government borrowing costs on Friday were set to end February with their…
Global Stocks Routed As Inflation Fears Dominate
Global stocks tumbled Friday as a sharp bond selloff encouraged investors to dump riskier assets. Asian markets followed US stocks…
Central Banks Fight Back Against Bond Rout, Calming Investors
The standoff between central banks and bond traders took center stage in Asia on Friday after Treasury yields surged to…
Investment Funds Increase Pressure On Danone CEO
U.S. investment company Artisan Partners joined activist investor Bluebell Capital Partners on Friday in demanding that French food group Danone…
Neoen Lines Up Government Funding For Big Battery In Australia
France’s Neoen has won A$160 million ($128 million) in cheap finance from the Australian government to help fund what will…
World Shares Jump After Powell Nixes Rate Hike Fears
Global stocks jumped on Thursday after U.S. Federal Reserve Chair Jerome Powell reaffirmed interest rates would stay low for a…
ExxonMobil To Sell Some UK, North Sea Assets To HitecVision For Over $1Billion
Exxon Mobil Corp said on Wednesday it would sell its non-operating interest in its UK and North Sea exploration and…
Goldman Sachs-Backed ReNew Power To Go Public Via $8-Billion SPAC Deal
India’s largest renewable energy firm ReNew Power on Wednesday agreed to go public through a merger with blank-check firm RMG…
Hyundai Motor To Replace Battery Systems In $900 Million Electric Car Recall
Hyundai Motor Co will replace battery systems in some 82,000 electric vehicles globally due to fire risks – a costly…