Oil Bounce, Futures Push Upwards After Biden-Xi Call
U.S. stock index futures rose on Friday, as signs of an easing in tensions between the United States and China…
Category: Market
General Motor Doubles Chip Shortage Impact To 200,000 Vehicles In Second Half
General Motors’ vehicle sales and production will be hit harder by the global chip shortage during the second half of…
Amazon Hourly Employees Set To Enjoy 100% Tuition Fee
The e-commerce giant is following the lead of other large United state companies who are dangling perks like education benefits…
Tech Stocks, Rising Marketplace Debt See Inflows On “Stagflation” Bets
Investors rushed to scoop up emerging market debt and technology shares in the week to Wednesday, BofA Securities said in…
U.S. Treasury Weather Legitimate Seeks Coverage Adjustments For Severe Weather
Climate-related weather events are costing American households, businesses and insurers billions of dollars in losses, and there is no sign…
Lira Falls Further On Dovish Central Bank Comments
Turkey’s lira fell further on Thursday after logging its worst session in four months in the wake of dovish comments…
Former Wells Fargo Executives Square Off With Regulator In Trial Over Bank Account Scandal
The civil trial of three former Wells Fargo & Co employees over their alleged roles in a scandal involving phony accounts…
Nigeria’s 36 States Generated 5.3 Trillion Naira Revenue And Got 10.19 Trillion FAAC Allocation In 5 Years
The 36 states in Nigeria earned N5.30tn as internally generated revenue from 2016 to 2020. The states got N10.19tn from…
Nigerian President Halts The Payment Of $418 Million To Paris Club Refund
President Muhammadu Buhari has placed the controversial payment of $418 million to consultants over the Paris Club refund on hold. He…
Nigeria: Investors Wealth Continues To Dip
Following sustained sell-off in the shares of most highly capitalised stocks, the Nigeria Exchange Limited (NGX), extended losses to three…
Nobel Winner And Economist Stiglitz Says US Federal Reserve Chief Powell Should Go
For U.S. President Joe Biden to be true to his agenda he should not renominate Jerome Powell as Federal Reserve…
Fear Over Gaming Restrictions Causes Loss Of Share Price
Shares of Tencent and Netease plunged on Thursday after Chinese regulators called them and other gaming companies for an interview,…
Pound Sterling Steadies As UK Parliament Backs Tax Hike
Sterling ticked higher on Thursday after British lawmakers backed Prime Minister Boris Johnson’s tax hikes and was set to end…
Canada Holds Interest Rates, Still Sees Economic Recovery
The Bank of Canada left rates unchanged on Wednesday and said it expects growth to strengthen in the second half…
Price Of Natural Gas Jumps To Seven Year High
U.S. natural gas futures soared to a seven-year high amid escalating concerns about tight supplies heading into the winter-heating season.…
PayPal And Japanese Credit Specialist Paidy In Talks
US online payment giant PayPal is set to buy the online Japanese credit specialist Paidy for $2.7 billion, the US…
Technology Startups And Others In Nigeria Raise $1.6bn Funding
Africa’s technology ecosystem has raised $1.6bn in 2021 so far, compared to $701.5m in 2020, according to a report by…
Nigeria Exchange Lists Potentials As Green Bonds Market Hits $136m
The value of Nigeria’s green bonds market has hit $136 million within three years with four issuances recorded since the…
Analysis: With GameStop Earnings On Tap, Options Traders Bet On Muted Moves
Options traders are expecting comparatively subdued moves in GameStop Inc shares around its earnings report, as the company that helped…
Mortgage Rate Stagnancy Leads To Lowest Fall in Two Months
Mortgage rates appear to be stuck in a holding pattern, giving borrowers no particular incentive to act, especially on refinances.…
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…
Europe: Stocks Markets Recede, Battle Of Nerves Over Growth Concern
The pan-European Stoxx 600 fell 1.3% by mid-morning, with autos dropping 1.8% to lead losses as all sectors and major…
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…
UK Property Prices Continues To Jump Market Strength Persists
British house prices rose sharply last month in a further sign of strong momentum in the market even after the…
Outstanding ECA Loan Associated With 8 Eight Aircraft Repaid – Aviation PLC
It is pleasing that commercial bank aircraft lending appears to be reopening following the disruption caused by COVID-19,” said executive…
Stock Futures Open Slightly Higher After Dow Slips Following August Jobs
U.S. stock futures opened slightly higher Monday night after the Dow slipped from a record high on Friday before the…
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…
Stanbic IBTC Bank Revenue Shrinks, Profit Drops By 53%
Stanbic IBTC Holdings Plc reported a 52.85 per cent drop in its profit before tax for the first half this…