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Musk’s Bitcoin Bet Fuels Gains In Companies Already Invested
The Shares of companies that have invested in bitcoin have vastly outperformed on Wall Street in 2021 and are…
Dollar Wallows At Two-Week Low; Bitcoin Steadies After Surge Past $48,000
The dollar traded near two-week lows as demand for safer assets ebbed on Wednesday, with traders looking ahead to…
Sterling Continues To Make Headway Against Basket Of Curriencies
The British pound is currently relishing the success the vaccine rollout has provided, leading to strength…
What Tesla’s Bitcoin Purchase Means For The Future Of The Dollar
Large and respected institutions, including a $1 trillion company run by the richest person on earth are starting…
Federal Government Of Nigeria Urges China To Intensify Support For $5bn Mambilla…
The Nigerian Investment Promotion Commission (NIPC), has called on the Chinese Government to intensify its support…
Goldman Sachs Boosts U.S. GDP Estimate, Sees COVID Relief At $1.5 Trillion
Economists at Goldman Sachs Group Inc on Monday bumped their U.S. GDP forecast for the second quarter up to 11%…
AU Allocates 42 Million Vaccine Doses To Nigeria, CACOVID Donates Oxygen
NIGERIA will soon receive over 42 million doses of COVID-19 vaccines that will cover an estimated 45 per cent of…
International Monetary Fund Rules Out Nigeria’s Full Economic Recovery Before 2022
Nigeria’s recovery from the impact of the COVID-19 is expected to be weak and gradual under current policies, the…
State Oil Firms Risk Wasting $400 Billion As Energy Shift Speeds Up
State-owned oil companies could squander about $400 billion on investments in the next decade on new oil projects…
Egypt Capitalises On Bond Boom With $3bn Borrowing Plan
Egypt will raise $3 billion by selling dollar bonds maturing in as long as 40 years as it seeks to take advantage…
South Korean Boy Invest With 43% Gains Is New Retail Trading Icon
Watching the business news first thing is a new routine for 12-year-old South Korean Kwon Joon, as he dreams of…
UK Tech Entrepreneur Lynch Starts Fights Against U.S. Extradition
British tech billionaire Michael Lynch begins his fight against extradition to the United States to face charges…
Why Main Street banks Are Doing Better Than Wall Street Firms
If you are looking for another sign that the economy is rebounding and that average Americans are finally…
Tesla Says You Could Soon Pay For One Of Its Cars With Bitcoin
Tesla is betting big on bitcoin, saying it may soon accept the digital currency as payment for its cars. And the…
European Shares Dip After Strong Rally, Total Rises
European shares dipped on Tuesday as a recent rally powered by hopes of a swifter global economic recovery and…
Exclusive: Congressional Democrats Set To Back More Than $50 Billion For…
Democrats in the U.S. Congress are to release a sweeping plan on Monday to provide more than $50 billion in…
Capital Calls: Macquarie’s Relief Rally
Concise insights on global finance in the Covid-19 era not too foul. Macquarie gave investors some good news on…
Neimeth International Pharmaceuticals Plc Declares First Dividend In 10 years
Neimeth International Pharmaceuticals Plc is set to declare its first dividend in 10 years following the 20…
Stocks, Oil Rise In Asia After U.S. Records, Dollar Weakens
Asian stock markets rose on Tuesday after a record-setting day on Wall Street, while bitcoin paused for breath…
Reddit’s Valuation Doubles To $6 Billion After New $250 Million Funding
Reddit Inc, which has been at the heart of a recent social media-driven retail trading frenzy, said on Monday it…
Bitcoin Rockets To New Highs As Tesla Takes It Mainstream
Bitcoin extended gains on Tuesday to a record high as the afterglow of Tesla Inc’s investment in the cryptocurrency…
Ageing TV Licence Fee Refuseniks Leave £117m Hole In BBC Budget
Up to 750,000 older people have refused to pay for a television licence after losing their right to a free one,…
Pandemic Business Borrowing Expected To Hit £60bn, Says EY Item Club
Companies will have borrowed more than £60 billion to help them to survive the pandemic by the end of this year,…
Renesas Boosts Power And Connectivity Prowess With $6 Billion Dialog Deal
Renesas Electronics Corp has agreed to buy Dialog Semiconductor for 4.9 billion euros ($5.9 billion) in cash,…
Shell, Mitsubishi Unit Eneco To Supply Wind Power To Amazon’s European…
Royal Dutch Shell and renewables firm Eneco, owned by Japan’s Mitsubishi Corp, will provide Amazon.com Inc’s…
Tweets From Elon Musk And Celebrities Send Dogecoin To A Record High
Dogecoin is surging after billionaire Elon Musk and a number of celebrities appeared to back the…
European Markets Higher, Tracking Positive Global Sentiment; Dialog Surges 17%
European stocks were higher Monday with markets tracking positive sentiment in Asia and the U.S.…
Hedge Funds Bet On Oil’s ‘Big Comeback’ After Pandemic Hobbles…
Hedge funds are turning bullish on oil once again, betting the pandemic and investors’ environmental focus has…
Dollar Nurses Losses As Traders Await More Data To Determine Direction
The dollar nursed losses against most currencies in subdued trade on Monday as disappointing U.S. jobs data caused…
Asia-Pacific Stocks Mostly Rise; China Announces New Anti-Monopoly Rules Aimed At…
Stocks in Asia-Pacific were mostly higher on Monday, as investors monitored shares of China’s tech giants following…