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Agusto: Diaspora Remittances Will Increase 5% To $22bn In 2021
Agusto Consulting Limited, a credit rating agency, says diaspora remittances to Nigeria will increase by five…
The Chinese Digital Currency Is Moving Forward – Will The US Follow?
As far as early adopters go, the People’s Bank of China (PBOC) has become the first major central bank to launch…
Yuan Eases As FX Demand For Dividend Payments Kicks In
"The PBOC's Q1 monetary policy report suggests that the central bank is not worried about imported inflation,…
Euro Zone To Rebound More Strongly, Borrowing Curbs To Stay On Hold -EU
The euro zone economy will rebound from its COVID-19 slump more strongly than previously thought this year and…
Currencies Tumble As Stocks Erase Gains
What started off as a strong day for risk appetite turned into losses for currencies and equities. The…
Forex-Commodity Currencies Hold Advantage As Dollar Waits For Inflation And Fed
The dollar nursed losses against the currencies of major commodity exporters which enjoyed support from…
Pound Up Against Dollar And Euro Amid Hopes For Strong UK Recovery
Analysts say SNP’s failure to achieve overall majority in Scottish elections also a factor in highest level against…
Pound Rallies Over $1.41 To Highest Since February
The pound has surged on the foreign exchange markets today, thanks to a cocktail of economic optimism and fading…
Pipeline Outage forces airlines to find other ways of getting fuel
The cyberattack that forced the shutdown of the country’s largest refined fuel-products pipeline over the weekend…
‘It’s a big deal’ for America’s push to reopen, says NIH Director on Pfizer…
National Institutes of Health Director Dr. Francis Collins described the Food and Drug Administration’s emergency…
Cloud stocks plunge to six-month low as investors hasten rotation out of recent…
The rotation out of tech stocks continues to hammer cloud companies the hardest, as investors sell out of last…
Citi downgrades Facebook and Google, says ad market expectations are too bullish
The growth trajectory for the online advertising market doesn’t appear to be strong enough to drive more gains…
Goldman says these are the biggest threats to the dominant 5 tech stocks
The so-called FAAMG stocks — Facebook, Apple, Amazon, Microsoft, and Google-parent Alphabet — have evolved into…
These cybersecurity stocks could benefit from the Colonial pipeline attack, says…
The cyberattack that knocked a key U.S. gas pipeline offline should be another positive for the stocks in…
Cloudflare seeing uptick in cyber incidents as hackers try ‘unleashing…
Cybersecurity provider Cloudflare has observed a significant rise in threats toward its customers in recent months,…
Bitcoin’s biggest rival just hit a record high — here’s how to mine for ethereum
Bitcoin’s biggest rival, ether, blew past $4,000 on Monday to hit a new record high. The cryptocurrency is up…
Tom Lee is worried about ‘FANG’ and tech, favors these three sectors now amid the…
Fundstrat’s Tom Lee tweaked his group of reopening “epicenter” sectors and is sounding the alarm about weakness…
SolarEdge’s slide offers a buying opportunity, Bank of America says in upgrade
Bank of America upgraded shares of SolarEdge Technologies to a buy rating on Monday, saying the stock’s…
Ford names new F-150 electric pickup Lightning with plans to reveal it May 19
Ford Motor’s upcoming all-electric F-150 pickup truck will be called Lightning, a name used by the automaker…
FDA permits use of the Pfizer-BioNTech Covid vaccine in kids ages 12 to 15
The Food and Drug Administration on Monday approved Pfizer and BioNTech’s request to allow their Covid-19…
Investors are being driven out of the flashy stocks into ‘boring’ names as the…
Many stocks that were up in Monday’s session will continue winning, while those that declined will likely keep…
Tesla, GM and Visa among the ‘Memorial Day trade’ stocks to play, Jim Cramer says
With a holiday and the summer months on the horizon, CNBC’s Jim Cramer on Monday revealed a list of stocks that…
What Is Dogecoin? And Why Is It Rising And Falling With Elon Musk?
The cryptocurrency dogecoin went on a rocket ride to the moon and back over the weekend after Elon Musk poked fun…
UK Secures £276m From G7 To Assist North-East Nigeria
ntries face. Millions of people in Yemen, South Sudan and North East Nigeria are already in crisis, the statement…
Biggest Crypto Exchange Binance Briefly Suspended Withdrawals
Binance Holdings Ltd., the largest cryptocurrency exchange, briefly suspended withdrawals on Monday.
The company…
World’s Dollar Reserves Hit 25-Year Low
The percentage of global foreign reserves held in U.S. dollars declined to its lowest point in 25 years during the…
Wall Street Unleashes Old Tricks In $2.5 Trillion Crypto Jungle
The symbols for Bitcoin and Ethereum cryptocurrency sit displayed on a screen during the Crypto Investor Show in…
Dollar Back To Where It Began The Year As Rally Burns Out
Friday’s worse-than-expected U.S. employment data saw the Bloomberg Dollar Spot Index drop decisively below its…
China’s Much-Hyped Digital Yuan Fails To Impress Early Users
As China moves closer to rolling out the world’s first major sovereign digital currency, speculation over the…
Pound Rises As Risk Of Imminent Referendum On Scotland Recedes – BLOOMBERG
The pound strengthened after the Scottish National Party’s election showing pushed back the risk of a near-term…