Browsing Category
World
Lenovo’s Parent Company Invests $237 Million In Chinese Chipmaker Fullhan
Legend Holdings, the parent of the world’s biggest PC maker Lenovo, said it purchased about 12.8 million shares of…
Two Jurors Dismissed In Floyd Murder Trial After News Of $27 Million Settlement
Two jurors seated in the trial of Derek Chauvin, the former Minneapolis police officer facing murder charges over…
Greece Sees Strong Demand For First 30-Year Bond Issue In Over A Decade
Greece raised 2.5 billion euros on Wednesday from its first 30-year bond sale in more than a decade, with an issue…
Canada Annual Inflation Rate In February Accelerates To 1.1%
Canada’s annual inflation rate accelerated to 1.1% in February, up from a year-over-year increase of 1.0% in…
Vodafone Seen Reaping 2.13 Billion Euros From Frankfurt IPO: Bookrunners
Vodafone is expected to price shares in infrastructure unit Vantage Towers at 24 euros ($28.60) each, valuing the…
Activist Cevian Capital Trims Ericsson Stake Below 5%
Activist investor Cevian Capital has cut its holding in Ericsson to 4.81% of the telecom equipment maker’s share…
Coinbase To Float About 114.9 Million Shares In U.S. Listing
Coinbase said on Wednesday it had registered about 114.9 million shares for its direct listing on the Nasdaq,…
Apple Gets Boost In French Privacy Fight, But Still Faces Probe
Apple was given a boost on Wednesday as France’s antitrust watchdog rejected advertisers’ requests to suspend the…
G7 Agrees To Boost IMF Reserves By $650 Billion To Fund Pandemic Relief
G7 advanced economies have agreed to boost International Monetary Fund reserves by around $650 billion through a…
Michelle Obama Voices Hope For Lessons Learned Over Royal Family Racism Claims
Michelle Obama says she hopes the royal family will learn from the allegations of racism made by the Duke and…
“Meghan’s Racism Claims Against Royal Family Not A Surprise” – Michelle Obama
Former first lady of the United States of America, Michelle Obama has said it “wasn’t a complete surprise” to hear…
World Going Through Unprecedented Chip Shortage, China Trade Body Says
The world is going through an unprecedented chip shortage, Zhou Zixue, a senior official with the China…
Toyota Chief Warns Apple Over Car Plans
Regardless of whether or not Apple is actually planning to launch a car, Toyota President Akio Toyoda has warned…
Book On Telecoms Law, Regulations Debuts
The Executive Vice Chairman of the Nigerian Communications Commission (NCC), Prof, Umar Danbatta was among eminent…
Pfizer To Halt Biosimilar Output In China, Sell Assets To WuXi Biologics
Pfizer Inc will stop producing biosimilar products in China and sell a unit in the eastern city of Hangzhou to WuXi…
New York Stays Top In Finance As London Loses Ground, Index Shows
New York kept the top spot in the latest Global Financial Centres Index (GFCI), with London clinging on to second…
Tepco Shares Slump 10% After Regulator Slams Breaches At Nuclear Station
Shares of Tokyo Electric Power (Tepco) fell the most in eight years on Wednesday after Japan’s atomic regulator…
US Contacts Nigerian Visa Applicants Affected By Trump’s Travel Ban
The United States mission has said that it was prioritising immigrant visa applicants in Nigeria affected by the…
Japan Inc Offers Lowest Pay Rises In 8 Years As Pandemic Bites
Japanese companies are offering the lowest wage increases in eight years as labour talks wrap up on Wednesday, in a…
BMW Sees Significant Profit Growth In 2021
German carmaker BMW on Wednesday said it expects a significant year-on-year increase in group pretax profit in 2021…
British Premier Defends AstraZeneca Coronavirus Vaccine Over Blood Clot Fears
British Prime Minister Boris Johnson on Tuesday defended the safety of the AstraZeneca coronavirus vaccine, after…
European New Car Sales Drop By 20% Year-On-Year In February: ACEA
European car registrations fell in February, industry data showed on Wednesday, as coronavirus lockdowns and…
Oil Bears And Bulls Grapple As Market Puzzles Over Pandemic Exit
Trading in oil futures is now as heavy as it was in the first months of the COVID-19 crisis, according to market…
Uber Must Do More On UK Minimum Wage Pledge: Union
Uber drivers in Britain should receive the minimum wage from the time they log on until they log off from the app,…
Back To The ’70s As Fed Fuels Boom And Hopes For No Burns Marks
Federal Reserve officials are due to issue new economic projections on Wednesday, with GDP growth likely to be a…
‘Federal Government Of Nigerian Must Reposition Capital Market To Accumulate…
Experts have stressed the need for the Federal Government to reposition the local bourse to make it more attractive…
Developers To Pay Lower Fees To Google’s App Store For First $1 Million In…
Alphabet Inc’s Google said on Tuesday that it was cutting the service fee that app developers pay to Google Play…
Ford’s Turkish Joint Venture To Produce Electric Vans From 2023
Ford Motor Co said on Tuesday that the next version of its Transit van for the European market will go into…
U.S. Lawmakers Seek 20% Boost In Foreign Affairs Budget, With Eye On China
Four Democratic U.S. lawmakers on Tuesday proposed an increase of $12 billion in the country’s foreign affairs…
Private Equity Investors Fret Over Record U.S. Buyout Prices
Private equity firms are paying more for leveraged buyouts to keep pace with soaring valuations of acquisition…