PayPal To Let US Users Pay With Bitcoin, Ethereum, Litecoin From Today
Online payment app PayPal has announced US customers can make payments with its “Checkout with Crypto” feature, rolling out today.…
Category: World
Golfer Joaquin Niemann Helps Raise $2.1 Million To Save His Infant Cousin’s Life
Since announcing himself on the world stage with a PGA Tour victory as a rookie in 2019, Chile’s Joaquin Niemann has established…
Wall Street Opens lower As Spike In Yields Pressures Tech Stocks
Wall Street’s main indexes opened lower on Tuesday as a rise in U.S. bond yields hit heavyweight tech-related stocks, while…
Fortum Tightens Grip On Uniper In Leadership Shakeout
Finland’s Fortum has tightened its grip on German utility Uniper after a boardroom shake-up that sees changes to the chairman,…
Austria In Talks To Buy A Million Doses Of Russia’s Sputnik V vaccine
Austria is in talks with Russia to buy a million doses of its Sputnik V coronavirus vaccine, which has yet…
Senate Gives CBN Governor 72 Hours Ultimatum To Appear Over ‘Missing $9.5 Million
The Senate has given the Governor of Central Bank of Nigeria, CBN, Godwin Emefiele, an ultimatum of seventy-two hours to…
Microfinance Bank Expands Accessibility
Advans La Fayette Microfinance Bank, an international microfinance institution, has expanded its presence in Nigeria by launching a new Lagos…
Nike Sues Maker Of Lil Nas X ‘Satan Shoes’
Nike is suing the art collective behind the Lil Nas X “Satan Shoes” that have sparked a social media backlash.…
Hyundai Motor To Suspend Some South Korea Output Due To Chip, Component Supply Issues
South Korea’s Hyundai Motor Co said on Tuesday it plans to temporarily suspend production at its Ulsan No.1 plant in…
After Firing Turkey’s Cenbank Chief, Erdogan Also Removes Deputy
President Tayyip Erdogan removed a central bank deputy governor, Murat Cetinkaya, from his post on Tuesday, 10 days after he…
BMW Has Got Its Timing Right For Beefing Up Electric Cars: CEO
BMW has timed its shift to electric cars well and its upcoming products will upend the perception the German carmaker…
Oil Gains As Focus Switches To OPEC+ Extending Output Cuts
Oil prices rose on Tuesday as shipping traffic resumed through the Suez Canal after days on hold and focus turned…
SK Innovation Says May Pull Its Battery Business Out Of U.S.
South Korea’s SK Innovation Co Ltd said on Tuesday it is considering all options including pulling its battery business out…
Malaysia’s AirAsia Shares Slide After Record Quarterly Loss
Shares in AirAsia Group Bhd fell in morning trade on Tuesday, as analysts lowered earnings forecasts after the Malaysian budget…
Real-Economy Stirrings Show U.S. Leaves Europe In The Dust
Real-time data on everything from sit-down restaurant meals to job hirings shows American business and consumers leaping to take advantage…
City Of London Says It Expects Bulk Of Workers To Return After Pandemic
The City of London financial district is likely to see most workers return to their offices after the coronavirus pandemic,…
BOJ Warns Of Rising Credit Costs Among Financial Institutions
Japanese financial institutions have seen credit costs rise this fiscal year due to uncertainty over the business prospects of borrowers…
Lagos Accounts For 12.15% As States Debts Hit N4.2tn
The total states and Federal Capital Territory domestic debt profile hit N4.2tn with Lagos State accounting for 12.15 per cent…
China Bonds Set For Billions Of Inflows After Final FTSE WGBI Nod
Index provider FTSE Russell gave final approval on Monday for inclusion of Chinese sovereign bonds in its flagship bond index,…
Iran Rejects Ending 20% Enrichment Before U.S. Lifts Sanctions: State TV
– Iran will not stop its 20% uranium enrichment before the United States lifts all sanctions, Iranian state TV quoted…
Apple Supplier Foxconn Fourth Quarter Profit Misses Estimates
Taiwan’s Foxconn, the world’s largest contract electronics maker which counts technology giants such as Apple Inc among its major clients,…
Japan Asks Taiwan Manufacturers To Cooperate In Chip Production
Japan has asked some Taiwanese manufacturers to cooperate in alternative production of semiconductors, industry minister Hiroshi Kajiyama said on Tuesday,…
Teamviewer In Five-Year Sponsorship Deal With Mercedes F1 And FE Teams
German software company Teamviewer said on Tuesday that it had struck a five-year sponsorship deal with the Mercedes Formula 1…
“She’s Free”: Traffic In Suez Canal Resumes After Stranded Ship Refloated
Shipping traffic through Egypt’s Suez Canal resumed on Monday after a giant container ship which had been blocking the busy…
Crypto Shadow Banking Explained And Why 12% Yields Are Common
A swathe of shadow banks in the $1.6 trillion cryptocurrency market have figured out how to generate returns of 12%…
Bitcoin Rises As Visa Moves To Approve Crypto USD Coin
Bitcoin (BTCUSD=X) prices climbed as much as 3% by late-morning in London on Monday following yet more news of potential…
Euro Set For Biggest Monthly Drop Since Mid-2019; Yen Shorts Grow
The euro languished below $1.18 on Monday as the prospect of tougher coronavirus curbs in France and Germany weighed on…
China Sanctions US, Canadian Citizens Over Criticism Of Treatment Of Uighurs
The European Union, Britain, Canada and the United States sanctioned several members of Xinjiang’s political and economic hierarchy this week…
Exclusive: Visa Moves To Allow Payment Settlements Using Cryptocurrency
Visa Inc said on Monday it will allow the use of the cryptocurrency USD Coin to settle transactions on its…
China’s Yuan Fixing Once Again Draws Attention As Rally Falters
China’s daily yuan fixing is once more drawing attention. A bout of sudden weakness in the currency has traders looking…