U.S. Chamber Of Commerce, Others Warn of Impracticalities In EU Subsidy Plan
European Union legislation targeting foreign state-backed buyers of European companies was prompted by fears of a Chinese buying spree. This…
Category: World
Stocks Squeeze Out Slim Gains, Dollar Climbs As Inflation Soars
European stocks made slim gains on Wednesday, with the dollar strengthening as investors fretted over soaring inflation. And also the…
Cardano Is Now 6th Most Valuable Crypto Following Vasil Hard Fork.
Cardano has also seen gains in the last seven days, with its price rising by 14%. As a result of…
German Retail Sales Drop In April As Food Prices Bite.
German retail sales fell by more than expected in April as consumers feel the pinch of higher prices. Especially for…
Walmart To Add 4,000 Jobs With Four New U.S. Fulfillment Centers.
Walmart Inc announced plans to open four new fulfillment centers in the United States over the next two years. Creating…
Ripple Aims To Acquire Additional Projects Despite Crypto Winter.
Ripple CEO, Brad Garlinghouse said the San Francisco-based payments company will explore acquiring additional crypto ventures in the future. The…
Japan Passes Stablecoin Bill Focused On Investor Protection
A Northeast Asian country, Japan, becomes one of the first major economies to introduce a legal framework surrounding stablecoins. This…
Asia Shares Lifted By U.S. Futures, Oil Climbs
Asian shares joined U.S. stock futures in making cautious gains on Monday ahead of U.S. inflation data this week. While…
Nest Egg No More: Inflation Eats Canadian Consumer Cash Pile, Risking Growth
An extra C$8,300 ($6,600) in your pocket. That is roughly how much the average Canadian saved during the pandemic. The…
Euro Rises Despite French Election As Dollar Retreats
Euro rose on Monday despite French President Emmanuel Macron losing an absolute majority in the country’s parliamentary election. As the…
Ukraine resumes evacuations after Russian ‘provocations’
Ukraine said Tuesday it had reopened humanitarian corridors and evacuated civilians from war-scarred regions after a one-day pause over what…
In China’s Shanghai, Bankers And Traders Sleep In Offices To Beat Covid Lockdown
More than 20,000 bankers, traders and other workers are bedding down in office towers in Shanghai’s Lujiazui district as they…
Chelsea sanctions spark fresh debate over football finance
The crisis that has engulfed Chelsea as a result of the penalties imposed on Russian billionaire owner Roman Abramovich has prompted a new discussion over the money that fuels Europe’s richest league. After Abramovich was targeted by the British government following Russia’s invasion of Ukraine, the Premier League club’s assets were…
Brent rises to $115 as EU considers Russia oil ban
Brent crude, the global oil benchmark, rose 7.3 percent, or $7.88, to $115 per barrel at 7.54 p.m. Nigerian time on Monday, as European Union nations pondered joining the US in a Russian oil embargo. Global oil prices moved higher ahead of talks this week between European Union governments and the United States President,…
Malaysian comms official calls the state to legalize crypto and NFTs
The Malaysian Ministry of Communications and Multimedia is reportedly backing the adoption of cryptocurrencies, with the deputy minister calling the…
Ukraine and the west’s double standard
Multilateralism did not die with the invasion of Ukraine by Russia. It died a long time ago. It died when…
Russia Exits Council Of Europe Over Ukraine Invasion
Russia ceased to be a member of the Council of Europe on Wednesday, after more than a quarter-century membership in…
COVID-19: UK Removes All Travel Restrictions
The United Kingdom has announced that the remaining COVID-19 international travel restrictions for all passengers will be lifted at 4…
EU, IOM Facilitate Return of 500 Stranded Nigerians from Libya
The European Union (EU) and the International Organization for Migration (IOM) have announced that they have assisted in the return…
World Bank To Provide Fund For Ukraine
The World Bank says it is preparing a $3 billion aid package for Ukraine in the face of Russia’s invasion.…
Maersk Suspends All Container Shipping To/From Russia
Maersk, the world’s largest container shipping line, has publicly stated that it will suspend deliveries to and from Russia as…
Ukraine Raises More Cryptocurrency Donations Amid War
With Russia’s invasion continuing, Ukraine has expanded the types of cryptocurrencies it accepts for donations. According to Elliptic, a blockchain…
Airbnb To Provide Free Housing For 100,000 Ukrainian Refugees
Airbnb, a home rental company, says it is offering free short-term housing to 100,000 Ukrainian refugees fleeing the Russian invasion…
Walmart launches A.I.-powered virtual clothing try-on technology for online shoppers
Last May, Walmart announced its acquisition of the virtual clothing try-on startup Zeekit, which leveraged a combination of real-time image processing, computer vision,…
Areas Indian Investors Now Troop Into Tanzania
Indian investors are increasingly seeking investment opportunities in Tanzania in their quest to grab the opportunities that come with President…
Meta bans Russian state media from running ads on its platforms
Meta has announced the ban of Russian state media from running ads or monetizing content on its platforms. This is…
MTN Launches New Brand Identity With Simplified, Innovative Logo
The company announced its brand repositioning using a contemplative slogan — “What Are We Doing Today?” It also articulated the…
MTN Ventures Into Metaverse
The Group, owner of its Nigerian subsidiary, MTN Nigeria Plc disclosed in a statement that it now owns 144 plots…
Consensus Builds Up On Kicking Russia Out Of SWIFT
Canada, the United States, Britain and the European Union on Friday said they could act to exclude Russia from the…
Ukraine: Russia Doubles Interest Rates As Rouble Falls
Following the 30 per cent fall of the rouble amid Western sanctions, the Bank of Russia said, on Monday, that…