UK Inflation Unexpectedly Falls in February
British consumer price inflation fell to 0.4% in February from 0.7% in January, reflecting unusual patterns of clothing discounts, official…
Category: World
Asian Shares Hit Two-Week Lows, Dollar Gains As Investors Scurry For Cover
Asian shares skidded to a two-week trough on Wednesday and the dollar neared four-month highs as coronavirus lockdowns in Europe…
Bank Lending To Fossil Fuel Industry Down 9% In COVID-Hit Year
– The world’s biggest banks cut lending to fossil fuel firms by 9% in 2020 as a result of the…
Toyota To Reinvest In Isuzu To Partner On Connected Commercial Vehicles, Fuel Cells
Toyota Motor Corp will reinvest in Isuzu Motors Ltd to work together on connected commercial vehicles and fuel cells, the…
Nigerian Central Bank Leaves Benchmark Rate Unchanged, Denies New FX Policy
Nigeria’s central bank held its benchmark lending rate at 11.5% on Tuesday, said Governor Godwin Emefiele, who also denied that…
IMF Likely To Revise Higher Its Nigeria Growth Forecast – IMF Nigeria Mission Chief
The International Monetary Fund is likely to revise higher its growth forecast for Nigeria, its mission chief said on Tuesday.…
UN Agency Criticizes Lack Of Women On Covid-19 Task Forces
Women worldwide are being shut out of decisions regarding the coronavirus pandemic due to unequal representation on Covid-19 task forces,…
Ahead AFCON Qualifiers: Ndidi, Iheanacho Hit Camp Today
The Super Eagles camp came alive last night with the arrival of Everton midfielder, Alex Iwobi, Napoli striker, Victor Osimhen,…
Nigerian Fintech Startup, Blueloop, Gets YC Backing As It Plans Global Expansion
Nigerian fintech startup, Blueloop, has been accepted into the Winter 2021 batch of US-based accelerator, Y Combinator. The startup will…
Amazon Was Supposed To kill Instacart. Instead Instacart Became A Mini-Amazon
When Amazon bought Whole Foods in 2017, the outlook appeared bleak for Instacart. Not only did the grocery delivery startup suddenly have to compete…
California’s Senators Ask Biden To Ban Sale of Gas-Powered Cars
California’s two Senators are pushing the Biden Administration to set a date after which automakers would no longer be allowed…
Twitter Boss Jack Dorsey’s First Tweet Sells For $2.9m
Each NFT has its own blockchain-based digital signature, which serves as a public ledger, allowing anyone to verify the asset’s…
Mega Insurance Merger Derailed As Hartford Rejects Rival Chubb’s Offer
Property and casualty insurer Hartford rejected a $23.24 billion takeover offer from larger rival Chubb Ltd on Tuesday, derailing what…
In Southeast Asian Internet Battle, Sea’s Rise Sends Rivals Scrambling
In front of an open-air Jakarta restaurant, delivery drivers clad in the orange colours of Southeast Asia tech group Sea…
Apple Card, Underwriter Goldman Sachs Committed No Fair Lending Violations
New York’s Department of Financial Services on Tuesday said it concluded its investigation into Apple’s credit card and its underwriter…
Pfizer To Develop New Vaccines On Its Own Using MRNA Technology – WSJ
Pfizer Inc plans to tap the mRNA technology to make new vaccines for other viruses following the success of its…
GameStop Loses Second Senior Exec As Shakeup Deepens
GameStop Corp said on Tuesday its chief customer officer Frank Hamlin will resign from the company on March 31, the…
Futures Drop Ahead Of Powell, Yellen Testimonies
U.S. stock index futures slid on Tuesday as energy stocks dropped while investors awaited remarks from Fed Chair Jerome Powell…
Brazil Central Bank Aims To Prevent 2021 Inflation From Infecting 2022
Brazil’s central bank stands ready to raise interest rates by another 75 basis points in May in order to bring…
EU Extends Temporary Catch Limits On Fish Stocks Shared With Britain
European Union ministers agreed on Tuesday to extend to the end of July the bloc’s catch limits for fish stocks…
Norway Blocks Rolls-Royce’s Plan To Sell Engine Maker To Russia
Norway will block Rolls-Royce from selling a Norwegian maritime engine maker to a Russian company on national security grounds, its…
At NATO, Blinken Warns Germany Over Nord Stream 2 Pipeline
U.S. Secretary of State Antony Blinken said on Tuesday the Nord Stream 2 pipeline being built from Russia to Germany…
COVID-19: Federal Government Raises Alarm Over Racketeering Of Vaccines
The Federal Government on Monday in Abuja raised alarm over reported racketeering of the Oxford-AstraZeneca vaccines in some of the…
Abu Dhabi Funds Invest $150 Million In Messaging App Telegram
Abu Dhabi sovereign wealth fund Mubadala Investment Company and Abu Dhabi Catalyst Partners have invested a combined $150 million in…
Microsoft In Talks To Acquire Discord For More Than $10 Billion
Microsoft Corp is in talks to buy messaging platform Discord Inc for more than $10 billion, Bloomberg News reported, citing…
Politically Correct? Bond Market Steers Clear Of Judgment Calls
When Saudi journalist Jamal Khashoggi was killed in 2018, London-based hedge fund manager Dominic Armstrong bet investors would be turned…
Online Review Platform Trustpilot Gets $1.5 Billion Valuation In London IPO
Online reviews platform Trustpilot said on Tuesday it had priced its initial public offering in London at 265 pence per…
UK Jobless Rate Unexpectedly Drops To 5.0%
Britain’s jobless rate unexpectedly fell to 5.0% in the three months to January, when the country entered a new COVID…
England Slaps New 5,000 Pound Fine On Travel Abroad
Fines of 5,000 pounds ($6,900) will be introduced from next week for people from England who try to travel abroad…
AB Volvo Shares Fall 7% After Warning Chip Shortage To Hit Output
Shares in AB Volvo fell 7% on Tuesday after the Swedish truckmaker warned of a substantial hit on production in…