Private Equity Firms Circling Sainsbury’s With View To Launch Bids – Sunday Times
Private equity companies are circling British supermarket group Sainsbury’s (SBRY.L) with a view to possibly launching bids…
Category: Market
Wall Street Analysts Bet On Robinhood’s Potential To Add Users
Wall Street analysts on Monday took a largely upbeat view on Robinhood Markets Inc in…
Gold Rises Above $1,800 As Dollar Dips On Doubts Fed Will Taper Soon
Gold vaulted over the key $1,800 psychological level on Monday as a retreat in the…
Bitcoin Price Rises Past $50,000, Rebound Slows
Bitcoin’s price surged past $50,000 on Monday for the first time since May, although its…
S&P 500, Nasdaq Scale New Peaks On Tech, Oil Boost
Energy and technology stocks powered the S&P 500 and the Nasdaq to record highs on…
Nigeria: External Reserves Lose Momentum After July Rally
Nigeria’s external reserves could be heading toward the mid-July trough as it fail to sustain…
Nigeria: Federal Government To Partner Stockbrokers For Double Digit Economic Growth
The Federal Government also reiterated its resolve to put an end to insecurity which has…
Treasury Yields Start The Week Higher With Key Fed Policy Event In Focus
U.S. Treasury yields rose on Monday morning, with investors focusing on the Federal Reserve’s annual…
European Markets Climb, Looking To Bounce Back From Worst Week Since February
The pan-European Stoxx 600 added 0.7% in early trade, with autos climbing 1.5% to lead gains as…
Nvidia’s $40 Bln Deal For ARM Dealt Blow By UK Regulator
Nvidia Corp’s (NVDA.O) planned $40 billion acquisition of British chip designer ARM hit a major hurdle on…
Fed Chair Powell To Speak On ‘Economic Outlook’ Next Week
Federal Reserve Chair Jerome Powell will speak on “the economic outlook” at next week’s Jackson…
30% Frontier Exploration Not From NNPC Profit… Energy Analyst Clarifies Five Misconceptions In PIA
The signing into law of the Petroleum Industry Bill (PIB) by President Muhammadu Buhari has continued…
Oil Steadies But Set To Slump For The Week On Delta Anxiety
Oil prices came off three-month lows on Friday but were on track for a weekly decline…
‘Lack Of Converted Gas Vehicles Might Undermine NGEP’
Without an active conversion industry for vehicles and other machinery, the core mandate of the…
Oil Up, But Set For Weekly Decline As COVID-19 Continues To Restrict Fuel Demand
Oil was up Friday morning in Asia, climbing up from three-month lows. However, the black liquid…
US Dollar Surrenders Gains Despite FOMC Minutes Taper Talk
EUR/USD rebounds and USD/JPY pivots lower. This follows the release of FOMC minutes just now, which seems to…
Canadian Dollar Slumps To 6-Month Low As Risk Aversion Climbs
The Canadian dollar fell on Thursday for a fourth day against its broadly stronger U.S.…
Hong Kong Bourse to Start Offering China A Share Index Futures
Hong Kong’s exchange was cleared to start offering long awaited A share index futures contracts,…
Chinese Regulators Meet With Developer Evergrande As Scrutiny On Real Estate Grows
Chinese authorities called for indebted property giant Evergrande to resolve its debt risks during a…
Stock Market Hits Four-Month High, Investors Gain N65billion
Equity investors in the Nigerian Exchange Limited gained N64.93bn on Thursday as the NGX All-Share…
Explainer: Binance: The Crypto Giant Facing Pressure From Regulators
Financial regulators across the world have targeted major cryptocurrency exchange Binance. Some have banned the…
SoftBank Sells 11.4 Million Shares Of DoorDash – Source
SoftBank Group Corp (9984.T) sold 11.4 million shares of food delivery company DoorDash Inc (DASH.N), marketed via Goldman…
UAE Bars Nigeria, S’Africa, Others From Visa-On-Arrival List
The United Arab Emirates (UAE) has approved visa-on-arrival for passport holders from 70 countries except…
Euro’s Rapid Decline Puts ‘Line In The Sand’ In Sight For Bulls
The euro is on the cusp of breaking new lows against major global peers, weighed…
Digital Yuan Gives Banks An Edge In Payments, Moody’s Says
China’s digital yuan will help banks become more competitive in the payments sector after steadily…
Fed Minutes Lift Dollar To A 9-Month High As Stock Mkts Swoon
The dollar index, which measures the U.S. currency’s performance against six rivals, extended gains in…
Pound Plumbs Month’s Low As Stock Rout Hits Risk Currencies
Sterling hit its lowest in a month against the dollar on Thursday as a pull-back…
China’s Yuan Eases, But Basket Index Rises To 5-1/2-Year High
The Chinese yuan eased to a three-week low against a firmer dollar on Thursday, while…
Gold Falls As Fed Minutes Boost U.S. Dollar
Gold prices fell on Thursday, as dollar strengthened after U.S. Federal Reserve’s policy meeting minutes…
Goldman Sachs Economists Cut Q3 Growth Forecast For U.S.
Goldman Sachs economists lowered their tracking estimate of U.S. economic growth in the third quarter…