Japan May Consumer Confidence Improves For 2nd Month
Japan's consumer confidence index rose in May for a second straight month, the government said on Tuesday, as…
Britain’s GSK To Buy Affinivax For Up To $3.3Bln In Vaccines Push
GSK (GSK.L) said on Tuesday it would pay up to $3.3 billion to acquire privately held biopharmaceutical firm…
Bitcoin On Its Way To $32,000 As On-Chain Data Suggests Net Accumulation
Cryptocurrency bulls took over the market on Monday, with Bitcoin leading the charge, fighting its way through the…
Russia Jumps To Fourth Position As Oil Supplier To India, Tanker Data Shows
Russia became the fourth-largest oil supplier to India in April. Russia's share in India's oil purchases rose to a…
KKR Boosts Renewable Power Presence With $2.2Billion deal for ContourGlobal…
U.S. private-equity firm KKR has agreed to buy London-listed power generation company ContourGlobal (GLO.L) for…
Ukraine Will Not Reopen Gas Route Until It Controls Pipeline System
Ukraine will not reopen the Sokhranovka gas transit route from Russia to Europe until Kyiv obtains full control…
India Tax Authority Froze $478 Million Of Xiaomi Funds In February-Sources,…
Indian tax officials froze $478 million worth of deposits lying in local bank accounts of China's Xiaomi Corp in…
Tesla Exports First Cars From Shanghai Since Reopening Plant – Media
Tesla Inc on Wednesday made its first exports from China, since reopening its Shanghai factory on April 19. A…
Fuel Scarcity Won’t Spread To Lagos, Others – Marketers
Oil marketers have said that the fuel scarcity being experienced in Abuja will not spread to Lagos State and other…
Universal Insurance Set For N10b Recapitalisation- Nigeria
Universal Insurance Plc may soon join the firms that have met the new capital base of N10 billion ordered by the…
CMA Sets Tough Rules For Small Firms Issuing Bonds – Kenya
The small businesses will have to be in operation for two years, have a minimum issued share capital of Sh10…
Kenya Shilling For First Time Hits Sh116 Against The Dollar
The shilling closed trading at Sh116.1 to the dollar, compared to Tuesday’s Sh115.99 and has depreciated from…
Tanzania Makes U-turn On Uganda Sugar
Tanzania banned sugar from Uganda in 2019, saying the imports originated from third-party countries.Presidents…
Telcos Propose Tax Review, Others To Avert 40% Tariff Hike
Telecommunication companies had recently proposed a 40% hike in the cost of calls, SMS, and data. This is as a…
Greece, UAE Agree Joint Investments In Energy, Other Sectors
Greece and the United Arab Emirates (UAE) agreed to jointly fund investments worth 4 billion euros ($4.2 billion)…
U.S. Wholesale Inventories Unrevised In March
U.S. wholesale inventories increased solidly in March, though the pace slowed from the prior month amid rising…
IKEA To Spend 3billion Euros On Stores As It Adapts To E-commerce – Sweden
IKEA retailer Ingka Group is spending $3.2 billion through 2023 on new and existing stores, much of it to modify…
Most Gulf Bourses Track Global Shares Lower; Saudi Gains
Most Gulf stock markets fell in early trade on Monday, tracking subdued global shares on rate worries, while a…
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…