International Investors Lead F Intech Startup Moove’s Series A
Moove, Nigerian based mobility fintech startup raises $23m Series A funding to help it expand swiftly. Founded in 2019 by…
Category: World
Old Mutual’s ULIMI Fund Invests In Malawian Macadamia Producer
ULIMI Fund, a private equity fund managed by Old Mutual Investment Group Malawi, has made an undisclosed amount of investment in…
Investment In Data Centre To Hit $174bn By 2023 — Schneider Electric
Schneider Electric, weekend, disclosed that investment in the data centre would hit $174 billion by 2023 following increasing demand. The…
Markets No Longer Fear Inflation And Stocks Will Continue To Rally, HSBC says
Markets no longer fear inflation and are now focused on the spread of the delta Covid-19 variant, according to HSBC…
Computer Security Firm Norton Buys Avast For Over $8bn
US cybersecurity giant NortonLifeLock is to buy Czech rival Avast for over $8 billion to create a leading consumer business,…
Asia-Pacific Stocks Mostly Decline; Samsung Shares Fall As Heir Lee Is Released From Prison
South Korean and Taiwanese stocks led losses among major Asia-Pacific markets in Friday trade, with shares of firms related to…
Breaking Society Apart’: Unvaccinated People Are Angry As They Face More Covid Restriction
The divide between the vaccinated and unvaccinated when it comes to Covid-19 is likely to become even deeper, with officials…
China’s Zero-Covid Policy Is So Strict That It Shut Down A Whole Shipping Terminal After Just One Case
China has shut down a key terminal at its Ningbo-Zhoushan port, the third busiest port in the world, after one…
It Just Got Harder And Less Profitable To Mine For Bitcoin As Algorithm Adjusts
It just got harder and less profitable to mine for bitcoin. Every 2016 blocks, or about every two weeks, bitcoin…
Treasury Yields Fall Following Mixed Economic Data
U.S. Treasury yields fell on Friday morning, following mixed economic data in the previous session. The yield on the benchmark…
Online Gambling company Entain Buys Esports Betting Startup Unikrn As It Looks To Triple Its Business
When Jette Nygaard-Andersen took the helm of U.K. online gambling company Entain, a pandemic was raging and the company had…
Airbnb Shares Fall After Company Reports Revenue Jump Of 300% But Warns About Delta
Airbnb’s stock on Thursday fell more than 4% after the company reported its second-quarter earnings. The company beat Wall Street’s…
European Markets Set For Muted Open As Investors Assess Data, Covid
European markets are heading for a cautious open Friday, as investors assessed global economic indicators and rising Covid-19 cases in…
Exclusive-Fed’s Barkin: U.S. “Closing In” On Taper, But Could Still Take A Few Months
It may take a few months more for the U.S. job market to recover enough that the Federal Reserve can…
Semiconductor Veteran Confirms He’s Part Of A £300 Million Plan To Buy The United Kingdom’s Largest Chip Plant Back Off China
Semiconductor veteran Ron Black, the former CEO of the U.K.’s Imagination Technologies which used to design chips for Apple, is…
Dow Futures Jump 120 Points After Inflation Report Is Not As Bad As Feared
U.S. stock index futures rose on Wednesday after inflation jumped, but not by quite as much as investors feared when…
As Gas Prices Rise, White House Says OPEC Action Is ‘Simply Not Enough,’ Calls For Federal Trade Commission Scrutiny
The White House will call on OPEC and its oil-producing allies to boost production in an effort to combat climbing…
Deliveroo Doubled Orders And Trimmed Losses In The First Six Months Of 2021
Deliveroo doubled orders in the first half of 2021, as appetite for food delivery services held up even as coronavirus…
Treasury Yields Climb Ahead Of Consumer Price Index Inflation Data
U.S. Treasury yields climbed on Wednesday morning, ahead of the release of the July consumer price index, a key inflation…
Biden Says Afghans Must ‘Fight For Themselves’ As Taliban Advances, Does Not Regret United State Withdrawal
President Joe Biden said Tuesday he does not regret his decision to withdraw U.S. forces from Afghanistan, a move that…
Senate Approves Framework Of $3.5 Trillion Budget Plan That Would Expand Medicare, Tax Credits And Climate Initiatives
Senate Democrats took their first step toward passing a $3.5 trillion spending plan as the party forges ahead with a…
United Nation Climate Report Is Our ‘Final Wake-Up Call,’ Say Environmental Experts
A damning new U.N. report warning of certain devastation from climate change has been dubbed humanity’s “final wake-up call” by…
More Than $600 Million Stolen In What Is Likely To Be One Of The Biggest Cryptocurrency Thefts Ever
More than $600 million has been stolen in what’s likely to be one of the biggest cryptocurrency thefts ever. Hackers…
Surging Demand For Renewable Will Boost These 3 Metals, Analysts Predict
A transition to renewable sources of energy will prompt a surge in demand for base metals in the coming years,…
Fed’s Evans: Wants “Few More” Job Reports Before Bond Taper
The current inflation spike shouldn’t push the Federal Reserve to tighten monetary policy prematurely, with more months of labor data…
Travellers Told To Expect Delays At Pearson As Border Reopens To Fully Vaccinated Americans
Travellers are being told to expect delays at Toronto’s Pearson International Airport as Canada reopens its border to fully vaccinated…
Exclusive: Exxon Launches U.S. Shale Gas Sale To Kick-Start Stalled Divestitures
Exxon Mobil Corp (XOM.N) has begun marketing U.S. shale gas properties as it ramps up a long-stalled program that aims to raise…
Stocks Are Little Changed After Democrats Release Budget Proposal
Democrats unveiled their $3.5 trillion budget proposal on Monday, calling for significant spending increases for social programs and climate policy.…
This Group Of Stocks Is On The Cusp Of Another Breakout, Oppenheimer Says
Momentum stocks have picked up speed to begin the week. The MTUM ETF, which holds stocks such as Alphabet and…