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Hyundai, Kia Say Apple Car Deal Now Off, See $8.5 Billion Wiped Off Market Value
South Korea’s Hyundai Motor Co said on Monday it is not now in talks with Apple Inc on autonomous electric cars,…
Stock Conversion Allows China’s Wanda To Sell AMC Shares Amid Retail Frenzy
China’s Wanda Group, the major shareholder in AMC Entertainment Holdings Ltd, conducted a share conversion to…
SoftBank Posts Third-Quarter Profit Gain As Vision Fund Rallies
SoftBank Group Corp on Monday recorded an 844 billion yen ($8 billion) profit at its Vision Fund unit in the three…
Purchasers Managers Index Hits Six-Month Low As Output Prices Rise – Report
Stanbic IBTC Purchasers Managers Index report for January 2021 showed that output prices increased at a…
European Markets Inch Higher As Global Stocks Near Record High
European stocks were modestly higher Friday as investors look to vaccine rollouts for hopes of normalization, while…
METALS-Industrial Metals Rise On Risk Appetite, Firm Dollar Weighs
Most industrial metals rose on Friday as appetite for riskier assets returned following a fading GameStop-style…
China Shares Post Weekly Gains On Economic Recovery; Sino-U.S. Tensions Weigh
China stocks ended higher for the week on Friday, as investors found support from a continued economic recovery,…
Asia-Pacific Stocks Fall; Hyundai, Kia Shares Nudge Higher After Report Of…
SINGAPORE — Shares in major Asia-Pacific markets slipped on Thursday, with South Korea leading the losses.
The …
Gold, Silver Retreat As Dollar Gains Upper Hand
Gold and silver slipped on Thursday, as the dollar and U.S. Treasury yields gained and markets awaited clarity on…
Deutsche’s Trim Investment Bank Is Model For Peers
In recent years, the mere mention of Deutsche Bank’s wholesale business has been enough to elicit a titter from…
Nigeria’s Security Exchange Commission Releases New Rules On Collective…
The Securities and Exchange Commission (SEC) has released rules for collective investment schemes (CIS)…
China’s Big Tech Companies Are Now Fighting With Each Other
As China sharpens its antitrust crackdown on the country's massive tech companies, two of the industry's biggest…
Alibaba Revenues Soar But Ant Group Float Uncertain
The company founded by Jack Ma saw revenues up 37% against the same quarter of 2019 to 221bn yuan ($34.2bn,…
‘Naira Depreciation Increases Cost-Input Pressures, Weakens Production’
According to the Manufacturers Association of Nigeria (MAN), the depreciation in value of the Naira reduces…
US Treasury’s Yellen To Meet Regulators About GameStop Volatility
United States Treasury Secretary Janet Yellen is calling a meeting of top financial regulators this week to discuss…
SpaceX’s Starship Test Flight Ends In Fiery Crash, Again
A prototype of a SpaceX rocket the company hopes will one day journey to the moon and Mars has exploded in a…
How To Get The Most Covid Financial Relief When Filing Your Taxes This Year
No one likes doing their taxes.
But there is very good reason for everyone to file a federal tax return this…
Uber Is Betting $1.1 Billion On Alcohol Deliveries
Uber's future used to be self-driving cars. Now it's delivering alcohol.
On Tuesday, the company announced …
‘Everybody Is Scared Of 2021.’ Europeans Are Losing Jobs, Businesses…
Last year was looking like a record breaker for Chris Wiseheart's transport company in Prague. Wiseheart,…
Europe Stock Futures Track Asia, U.S. Losses On Retail Trading Frenzy Jitters
European stock index futures fell more than 1% on Friday, tracking declines in Asian and U.S. equity markets on…
Ferrovial Launches New Attempt To Offload UK Outsourcer Amey
The process will put into play a business which has held government contracts ranging from prisoner transportation…
Oil Settles Near $55 A Barrel, Highest Level In Over A Year
Oil climbed to the highest level in over a year as tightening global supplies and signs of strength in physical…
Amazon Gets Court To Block $3.3 Billion Retail Deal Involving India’s…
Amazon has been handed a major legal victory in its fight to block a multibillion-dollar deal between two of…
China Shares End Lower As Losses In Tech Stocks Offset Auto Gains
BEIJING, Feb 3 (Reuters) - China shares ended lower on Wednesday, as profit-taking in tech stocks with high…
A Good Start For The Nigerian Stock Market
Goddy Egene writes that the 5.3 per cent gain recorded by the equities market in January is a positive development…
Portugal’s Economy Fell 7.6% In 2020, Biggest Drop Since 1936
LISBON, Feb 2 (Reuters) - Portugal’s economy shrank 7.6% last year, its biggest annual slump since 1936, and the…
GameStop Slides, Silver Spree Stalls As Retail Traders Run Out Of Road
GameStop shares sank on Tuesday and a silver buying spree led by small investors subsided as the Reddit-driven…
Wall St. Opens Higher Ahead Of Amazon, Alphabet Earnings; Stimulus In Focus
Wall Street’s main indexes opened higher on Tuesday, building on the previous session’s momentum, as investors…
UAE Adopts Amendments To Grant Citizenship To Investors And Other Professionals
The United Arab Emirates has adopted amendments that would allow the Gulf state to grant citizenship to investors…
Robinhood Raises $1 Billion Of Fresh Funding From Existing Investors
Online broker Robinhood has raised more than $1 billion of fresh capital from existing investors, having been…