Digital Euro Might Suck Away 8% Of Banks’ Deposits – Morgan Stanley
A digital euro could suck away 8% of euro zone banks' customer deposits, analysts at Morgan Stanley have estimated,…
Dollar Holds Near One-Month High With Focus On Fed’s Inflation Take
The dollar held near a one-month high against a basket of currencies on Wednesday as investors tried to ascertain…
Major Traders See Oil Staying Above $70/ Barrel, $100 Not Impossible
The world's biggest oil traders said on Tuesday they see oil prices staying above $70 a barrel with demand expected…
World Bank Advises CBN To Adopt Clear Forex Policy
The World Bank on Tuesday advised the Central Bank of Nigeria (CBN) to provide a clearer and more predictable…
What Oil Companies Can Do To Cut The Demand For Oil
Increasing pressure on major oil companies has forced many to make promises to reduce the extraction of their main…
Experts Blame Insecurity As Nigeria’s Agric Imports Exceed Exports By N503bn
The total value of agricultural import exceeded export by N503bn in the first three months of the year.…
Pound Rises As Soaring UK Inflation Puts Pressure On The BoE To Act
The pound jumped on Wednesday morning after UK inflation blew past forecasts and put pressure on the Bank of…
UK Inflation Jumps Past Bank Of England Target, Hits 2.1%
British inflation unexpectedly jumped above the Bank of England's 2.0% target in May when it hit 2.1% and looks set…
Rising Prices Pushed Seven Million Nigerians Below Poverty Line In 2020 – World…
The World Bank has said rising prices pushed about seven million Nigerians below the poverty line in 2020.
This…
Oil Price Exceeds $73 On Improving Demand Outlook
The international price of crude oil continued its rise yesterday, extending three weeks of gains on the back of…
Deployment Of Green Technology Will Guarantee Zero Gas Flares’
The deployment of green technology in Nigeria’s oil and gas industry would ensure that no gas is lost through…
Goldman Expands In Crypto Trading With Plans For Ether Options
Goldman Sachs Group Inc. is moving beyond the world of Bitcoin and expanding into Ether.
The bank plans to offer…
Twitter Ban Blocks Nigerian Businesses
Ogechi Egemonu says she was selling more than $1,200 worth of watches, shoes and handbags on Twitter every week.…
Bank of America Predicts Exxon Will Hike Its Dividend, Shares Will Rise 45%
Engine No. 1, the activist firm that gained three board seats at Exxon Mobil after months of targeting the oil…
Morgan Stanley Downgrades Industrial Stock Fastenal, Citing Valuation At An…
Investors should stay away from industrial supplier Fastenal while the company does an internal makeover,…
U.S. And EU Resolve 17-Year Boeing-Airbus Trade Dispute
The United States and European Union said Tuesday they have resolved a 17-year-long fight over aircraft…
‘Lethal’ And ‘Highly Contagious’ Second Covid Wave Is Now Under Control, Nepal’s…
Nepal’s second wave of Covid infections is tapering off — but the country needs more vaccines to handle the…
Cramer’s Lightning Round: Time To Buy ViacomCBS
Johnson & Johnson: “JNJ is kind of a, it’s a Teflon stock. It just goes up no matter what, and that’s because…
America And Europe Will Create A Joint Tech Council To Craft New Rules On Trade
WASHINGTON — The United States and Europe will announce a new joint technology and trade initiative on Tuesday,…
EU-China Investment Deal Is Still Possible —But Not Before 2023, Analyst Says
Economies including the EU and the U.S. have long raised concerns about Beijing’s industrial practices that…
Google, Facebook, Amazon And More Urge SEC To Mandate Regular Climate Reports
A group of seven tech companies urged the Securities and Exchange Commission to require businesses to regularly…
Bank Of America Names The ‘Cheaper’, ‘Higher Quality’ Tech Stocks To Buy Right Now
A number of tech companies are trading cheaper than their big name counterparts and are of a “higher quality,”…
Tudor Jones Likes Bitcoin, Calls It A Great Portfolio Diversifier To Protect His…
Paul Tudor Jones said Monday that bitcoin is a great way to protect his wealth over the long run and is part of…
Cramer Cites 3 Stocks That Could Come Back Into Favor Under Paul Tudor Jones’ Fed…
CNBC’s Jim Cramer on Monday talked about a group of stocks that could benefit under the inflation trade…
These Stocks With Pricing Power Could Keep Thriving As Inflation Rises, According…
Companies have done well passing on higher costs this year, but that could change if cost pressures continue,…
Goldman Sachs: These Renewable Energy Stocks Are Set For ‘Unprecedented Growth’
Analysts at Goldman Sachs have named a number of renewable energy companies that are set for “unprecedented…
Space Force Clears SpaceX To Launch Reused Rockets For Military Missions
The next SpaceX launch will feature a milestone, as the Pentagon is allowing Elon Musk’s company to send a…
Electric Truck Maker Lordstown Motors Shares Slide After CEO And CFO Resign
Lordstown Motors said Monday that CEO Steve Burns and CFO Julio Rodriguez have resigned. The announcement came…
Paul Tudor Jones Says ‘Go All In On The Inflation Trades’ If Fed Keeps Ignoring…
Billionaire hedge fund manager Paul Tudor Jones told CNBC on Monday he’s paying close attention to this week’s…
Microsoft Employees Slept In Data Centers During Pandemic Lockdown, Executives…
Microsoft employees slept in the software company’s data centers during the height of the coronavirus pandemic, an…