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 for the Ministry…
Category: World
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 Richest Man
Amazon has been handed a major legal victory in its fight to block a multibillion-dollar deal between two of India’s biggest retailers.…
Jeff Bezos Is Stepping Down As Amazon CEO
Amazon founder Jeff Bezos will step down from his role as chief executive later this year and transition to the…
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 valuations outweighed…
Canadian Dollar Leads G10 Peers As U.S. Stimulus Hopes Rise
The Canadian dollar strengthened against its U.S. counterpart and all the other G10 currencies on Tuesday, as oil prices climbed…
UK’s Austerity Guru Shows Better Timing As Banker
George Osborne is perhaps best-known for cutting government spending far too quickly as British finance minister from 2010 to 2016.…
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 government…
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 trading frenzy…
Euro Zone Fourth-Quarter GDP Falls Less Than Expected, Another Fall Seen In First Quarter
The European Union’s statistics office Eurostat said that according to its preliminary flash estimate, gross domestic product in the 19…
Young, Confident, Digitally Connected – Meet America’s New Day Traders
James Villalobos, a communications consultant for an insurance company in New York, downloaded the Robinhood online brokerage app back in…
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 anticipated strong results from…
As U.S. Warns On Withdrawal, Data Shows Taliban Attacks Climb In Past Year
The number of attacks in Afghanistan by the Taliban in the last quarter of 2020 were higher than the same…
Democrats Ready $1.9 Trillion Budget Measure For COVID Relief: Schumer
U.S. Senate Majority Leader Chuck Schumer said on Monday that congressional Democrats would file a $1.9 trillion budget resolution later…
Biden Official Says Some Doctors Are Holding Back Needed Covid Vaccine Doses As A Reserve For Second Shots
Some health-care providers have been regularly holding back Covid-19 vaccine doses to ensure there will be supply when people come back to…
COVID-19: Why Pfizer Vaccine Is Delayed –FG
The Federal Government blamed the delay in the arrival of the first batch of 100,000 doses of the Pfizer/BioNTech COVID-19…
Trump Says Hires New Impeachment Defense Lawyers
Former US President Donald Trump announced Sunday that he had hired two new lawyers to head his defense team for…
Treasury Yields Climb Following Key Economic Data
U.S. Treasury yields climbed on Friday morning, following the release of key economic data in the previous session. The yield…
UK Says It Expects No Vaccine Interruption From EU; Brussels Admits Irish ‘Blunder’
EU officials confessed on Saturday to a “blunder” in invoking Northern Ireland Brexit emergency powers during a showdown with Britain…
Biden Says Action On COVID-19 Stimulus Needed ‘Now’
U.S. President Joe Biden said on Friday that Congress needs to take immediate action on his $1.9 trillion COVID-19 relief…
Exclusive: China Gene Firm Providing Worldwide COVID Tests Worked With Chinese Military
BGI Group, the world’s largest genomics company, has worked with China’s military on research that ranges from mass testing for…
U.S. Consumer Spending Decreases Further; Inflation Creeping Up
U.S. consumer spending fell for a second straight month in December amid renewed business restrictions to slow the spread of…
Goldman Sachs Loses Legal Fight Against EU Cartel Fine
U.S. investment bank Goldman Sachs on Wednesday lost its fight against an EU cartel fine handed down to its former…
US Stock Market Weird Week Explained
Here’s how ordinary investors, spurred on by a Reddit message board, took on the big Wall Street funds and sent…
COVID-19: Nigeria Records 27 Deaths In One Day
The Nigeria Centre for Disease Control (NCDC) on Friday reported 27 coronavirus -related deaths, bringing the total number of those…
Bitcoin To Online Petwear: ‘Papa Musk’ Lures Investors
A “#bitcoin” tag on Elon Musk’s Twitter profile page led to a 14% jump in the cryptocurrency on Friday, the…
Losses On Short Positions In U.S. Firms Top $70 Billion – Ortex Data
Short-sellers are sitting on estimated losses of $70.87 billion from their short positions in U.S. companies so far this year,…
GE Gets Dismissal Of Most Of Shareholder Lawsuit Over Accounting, Disclosures
A U.S. judge in Manhattan has dismissed most but not all of a shareholder lawsuit accusing General Electric Co of…
UEFA Insists European Championship To Hold In 12 Cities As Planned
UEFA President, Aleksander Ceferin, yesterday reiterated the ruling body’s commitment to holding the rescheduled European Championship this year in 12…
FEC Approves Policy To Stop Rejection Of Nigerian Goods
The Federal Executive Council (FEC) yesterday approved the National Quality Policy to stop rejection of Nigerian goods exported out of…