Ex-Facebook VR Exec Says He’ll Turn U.S. Troops Into ‘Invincible Technomancers,’ Just Raised $450 Million
Anduril founder Palmer Luckey announced Thursday that his start-up has raised an additional $450 million in funding, which will be used…
Category: World
UK Inflation Jumps To 2.1% As Petrol And Clothing Prices Rise
UK inflation jumped to 2.1% in May, breaching the Bank of England’s target for the first time in two years…
Don’t Patronise Visa Vendors, U.S. Consulate Charges Nigerian Students
The US Mission Country Consular Coordinator, Ms. Susan Tuller has advised Nigerian students who intend to study in the United…
Investors Seek Stable Business Environment To Forestall Investment Outflows
Bemoan low patronage as foreigners pull out N100bn from stock market in four months …Blame insecurity, others With about N100…
Migration And Risk Sharing In Currency Unions: The Euro Area Versus The US
Labour mobility is a key criterion for assessing optimum currency areas. To smooth country-specific shocks or business cycles in currency…
UK’s Financial Watchdog Goes Real-Time To Catch Online Criminals
Britain’s financial regulator has to make daily sweeps of the internet to warn about online scams in real time and…
Digital Euro Might Suck Away 8% Of Banks’ Deposits – Morgan Stanley
A digital euro could suck away 8% of euro zone banks’ customer deposits, analysts at Morgan Stanley have estimated, although…
Dollar Holds Near One-Month High With Focus On Fed’s Inflation Take
The dollar held near a one-month high against a basket of currencies on Wednesday as investors tried to ascertain if…
Major Traders See Oil Staying Above $70/ Barrel, $100 Not Impossible
The world’s biggest oil traders said on Tuesday they see oil prices staying above $70 a barrel with demand expected…
World Bank Advises CBN To Adopt Clear Forex Policy
The World Bank on Tuesday advised the Central Bank of Nigeria (CBN) to provide a clearer and more predictable foreign…
Pound Rises As Soaring UK Inflation Puts Pressure On The BoE To Act
The pound jumped on Wednesday morning after UK inflation blew past forecasts and put pressure on the Bank of England…
UK Inflation Jumps Past Bank Of England Target, Hits 2.1%
British inflation unexpectedly jumped above the Bank of England’s 2.0% target in May when it hit 2.1% and looks set…
Rising Prices Pushed Seven Million Nigerians Below Poverty Line In 2020 – World Bank
The World Bank has said rising prices pushed about seven million Nigerians below the poverty line in 2020. This was…
Deployment Of Green Technology Will Guarantee Zero Gas Flares’
The deployment of green technology in Nigeria’s oil and gas industry would ensure that no gas is lost through flaring…
Goldman Expands In Crypto Trading With Plans For Ether Options
Goldman Sachs Group Inc. is moving beyond the world of Bitcoin and expanding into Ether. The bank plans to offer options…
Twitter Ban Blocks Nigerian Businesses
Ogechi Egemonu says she was selling more than $1,200 worth of watches, shoes and handbags on Twitter every week. That…
Bank of America Predicts Exxon Will Hike Its Dividend, Shares Will Rise 45%
Engine No. 1, the activist firm that gained three board seats at Exxon Mobil after months of targeting the oil giant, may…
Morgan Stanley Downgrades Industrial Stock Fastenal, Citing Valuation At An All-Time High
Investors should stay away from industrial supplier Fastenal while the company does an internal makeover, according to Morgan Stanley. The company is…
U.S. And EU Resolve 17-Year Boeing-Airbus Trade Dispute
The United States and European Union said Tuesday they have resolved a 17-year-long fight over aircraft subsidies, agreeing to suspend…
‘Lethal’ And ‘Highly Contagious’ Second Covid Wave Is Now Under Control, Nepal’s Prime Minister Says
Nepal’s second wave of Covid infections is tapering off — but the country needs more vaccines to handle the pandemic,…
Cramer’s Lightning Round: Time To Buy ViacomCBS
Johnson & Johnson: “JNJ is kind of a, it’s a Teflon stock. It just goes up no matter what, and…
America And Europe Will Create A Joint Tech Council To Craft New Rules On Trade
WASHINGTON — The United States and Europe will announce a new joint technology and trade initiative on Tuesday, part of…
EU-China Investment Deal Is Still Possible —But Not Before 2023, Analyst Says
Economies including the EU and the U.S. have long raised concerns about Beijing’s industrial practices that hinder foreign companies from…
Bank Of America Names The ‘Cheaper’, ‘Higher Quality’ Tech Stocks To Buy Right Now
A number of tech companies are trading cheaper than their big name counterparts and are of a “higher quality,” according…
Tudor Jones Likes Bitcoin, Calls It A Great Portfolio Diversifier To Protect His Wealth Over Time
Paul Tudor Jones said Monday that bitcoin is a great way to protect his wealth over the long run and is…
Cramer Cites 3 Stocks That Could Come Back Into Favor Under Paul Tudor Jones’ Fed Inflation Trade
CNBC’s Jim Cramer on Monday talked about a group of stocks that could benefit under the inflation trade scenario presented earlier in…
These Stocks With Pricing Power Could Keep Thriving As Inflation Rises, According To Credit Suisse
Companies have done well passing on higher costs this year, but that could change if cost pressures continue, according to…
Goldman Sachs: These Renewable Energy Stocks Are Set For ‘Unprecedented Growth’
Analysts at Goldman Sachs have named a number of renewable energy companies that are set for “unprecedented growth” and said now is…
Space Force Clears SpaceX To Launch Reused Rockets For Military Missions
The next SpaceX launch will feature a milestone, as the Pentagon is allowing Elon Musk’s company to send a national security satellite…
Electric Truck Maker Lordstown Motors Shares Slide After CEO And CFO Resign
Lordstown Motors said Monday that CEO Steve Burns and CFO Julio Rodriguez have resigned. The announcement came days after the electric…