Walt Disney Shares Near Record High, Investors Eye Streaming Update
Walt Disney Co, which wowed investors in December with ambitious streaming TV plans, will update Wall Street on Thursday about…
Category: World
Macquarie Taps Renewables Trend With $2 Billion Infrastructure Fund
Macquarie, the world’s largest infrastructure investor, has raised 1.6 billion euros ($1.93 billion) for its second global renewables fund, driven…
Maersk Boosted By Trade Recovery, But Misses Forecasts
A surge in demand for goods like furniture and exercise equipment from locked-down consumers has sparked a jump in shipping…
Heineken To Cut 8,000 Jobs To Restore Pre-Pandemic Margins
Heineken NV plans to cut about 8,000 jobs, the Dutch group said on Wednesday, seeking to restore operating margins to…
Recovery In Global Trade To Stall Again In First Quarter: U.N. Report
A recovery in global trade is expected to slow again in the first quarter of 2021 as the coronavirus pandemic…
Nasdaq, New York Stock Exchange Sue SEC Over Planned Overhaul Of Public Data Feeds
Nasdaq Inc and the New York Stock Exchange have each sued the Securities and Exchange Commission, seeking to block a…
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 extending…
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 an…
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 against a number of…
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 to worry about the…
Federal Government Of Nigeria Urges China To Intensify Support For $5bn Mambilla Power Project
The Nigerian Investment Promotion Commission (NIPC), has called on the Chinese Government to intensify its support for Nigeria’s infrastructural development, especially…
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 International…
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 that will…
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…
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 over the sale…
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 starting to…
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…
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 vaccine…
Exclusive: Congressional Democrats Set To Back More Than $50 Billion For Transportation Sector
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 Tuesday.…
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 percent growth…
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 after an…
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 had…
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…
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…
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, boosting its position…