Analysis: Markets Must Face Up To Tightening Financial Conditions
Already sitting on double-digit losses this year, stock market investors must brace for more. As the realisation…
United Kingdom Revokes Moscow Bourse’s Status As Recognised Exchange
Britain on Thursday revoked the Moscow Stock Exchange's (MOEX) status as a recognised stock exchange.Britain…
Shell Posts Record Quarterly Profit, Lifted By Energy Price Surge
Shell (SHEL.L) on Thursday reported a record first-quarter profit of $9.13 billion, boosted by higher oil and gas…
Late Czech Billionaire’s Family Taps Longtime Partner Smejc To Run PPF
PPF Group will install investor Jiri Smejc as its new chief executive from June 15.PPF has assets worth around 40…
Russian C.Bank Sells 550 Billion Roubles At One-Week Repo Auction
Russia's central bank provided banks with all 550 billion roubles ($7.99 billion) on offer at a one-week repo…
Robinhood Launches Stock Lending Program In Revenue Diversification Push
Robinhood Markets Inc (HOOD.O) on Wednesday said it launched a fully-paid securities lending program, which lets…
From Coffee To Ketchup, Retailers Seek Price ‘Shields’ As Inflation…
As shoppers pay more for anything from coffee to ketchup, some retailers have started to cut or cap the price of…
Nigerians To Pay More As GSM Operators Plan 40% Tariff Hike
Telecommunication companies are proposing a 40% increase in the cost of calls, SMS, and data to the Nigerian…
Nigeria’s $560m Tops African Startups’ Funding In Q1 2022
Amid difficulties in the business environment in the country, Nigerian startups raised a total of $559.85m…
EXCLUSIVE Musk in talks for new Twitter financing-sources
May 2 (Reuters) -
According to sources familiar with the situation, Elon Musk is in negotiations with huge…
Fertilizer sector set for biggest profits in years on Russia-Ukraine conflict
May 2 (Reuters) -
According to economists, fertilizer companies are on track to earn their best quarterly…
Wall Street drops as Fed focus takes hold, 10-yr Treasuries breach 3%
May 2 (Reuters) -
Investors adopted a cautious tone ahead of the Federal Reserve meeting this week. As…
Google makes $100,000 worth of tech training free to every U.S. business
May 2 (Reuters) -
Google (GOOGL.O) of Alphabet Inc (GOOGL.O), announced on Monday that any U.S. company with…
Deliveroo suspends pay cut for UAE delivery riders after rare worker strike
DUBAI, May 2 (Reuters) -
After a rare strike by foreign delivery employees in the Gulf Arab state, over…
Netflix drops Meghan Markle’s animated series ‘Pearl’
May 1 (Reuters) -
Netflix Inc (NFLX.O) announced on Sunday that it had opted to halt production on Meghan…
The Fed wants to cool the U.S. housing market. Here’s what that feels like
(Source: Reuters)
Harsh Grewal and his wife settled on a place in a San Francisco suburb in mid-April, months…
U.N. chief calls for debt relief, post-COVID investment on West Africa trip
(Reuters) - DAKAR, May 1 (Reuters) - On Sunday,
United Nations Secretary-General Antonio Guterres called for…
Stocks slide, dollar holds ground as U.S. rate hike looms
Reuters, MILAN, May 2 -
Concerns over economic growth lingered ahead of an expected U.S. rate hike this week.…
Oil slips on China growth worries, EU weighs Russian crude ban
Fears regarding China's growth are increased by the country's declining industry activity.
(Reuters) - LONDON,…
Circa Wants To Make First-Of-The-Month Rent Payments Obsolete
Paying rent on time can mean the difference between having a place to live, and well, not. Circa believes there is…
NFT Aggregator Gem.xyz Acquired By OpenSea Shortly After Ousting Co-Founder For…
OpenSea, the largest NFT marketplace, acquired Gem.xyz (Gem) to “better serve” its more experienced users. The…
Future Chevy Corvette EV Will Use Battery’s Heat To Extend Its Range –…
It’s official: a fully electric Chevy Corvette is coming with new battery technology to boost its range,…
Google’s Pixel Watch May Finally Be On Its Way
Everything old is new again. Someone leaves a prototype in a bar, prototype makes its way into some blogger’s…
Apple Confirms App Store And Apple Music Are Experiencing Issues
Apple has confirmed that the App Store and Apple Music are currently experiencing some issues. The company’s…
Twitter, Nigeria Agreement Suffers Setback As Musk Buys Microblogging Platform
There are indications that Twitter’s agreement with the Nigerian government will be reviewed in months. This is as…
Elon Musk Acquires Twitter For $44bn
Twitter on Monday confirmed it is selling the platform to Elon Musk in a deal valued at $44 billion.
The sale…
Twitter Acquisition: Elon Musk Sends Message To Critics
Billionaire, Elon Musk, has sent a message to his critics, as his bid to buy social media platform, Twitter,…
Former CEO, Jack Dorsey, Hails Elon Musk’s Acquisition Of Twitter
The former boss and co-founder of Twitter, Jack Dorsey, has hailed Elon Musk’s acquisition of the platform.
…
Norfund Makes $8m Investment In 1K1V’s Redsun Dried Fruit And Nuts
Norfund, a Norwegian Investment Fund for Developing Countries, has invested $8 million South Africa-based raisin…
Private Equity Firm Ascent Capital To Buy A Majority Stake In Diani Hospitals…
DBH operates a hospital in Diani Beach with three satellite clinics in Kwale Town, Likoni Town, and Ukunda Town.…