Russian Central Bank Says Inflationary Pressure Remains High, But Is Easing
EMBARGO 1730 GMTInflationary pressure remains high in Russia, the central bank said in a report on Monday, but…
One Of The Priciest Rough Diamonds Ever Fetches $40 Million
Petra Diamonds Ltd. sold a 39.3-carat blue gem for more than $40 million, making it one of the most expensive rough…
EFCC Arraigns Four For N900 Million POS Fraud
The anti-graft agency says the prime suspect connived with some staff members of First Bank to defraud customers…
Dollar Edges Higher Amid Pandemic Concerns, U.S. Inflation In Focus
The dollar edged higher across the board on Monday as concerns about the pandemic encouraged investors to seek a…
Nigeria’s Lagos State Faces “Potential Third Wave” Of COVID-19
He warned of fines or even imprisonment for those who break rules to contain the virus and said Lagos state would…
Nigeria To Become Oil Bunkering Hub In Africa – DPR
The Department of Petroleum Resources (DPR) has said that Nigeria has moved to become the Marine Petroleum Products…
Nigerian Govt Says No Plan To Privatise Electricity Transmission Company
The Nigerian government does not plan to privatise the Transmission Company of Nigeria (TCN), the Bureau of Public…
CBN Advocates Private Sector Funding To Tackle 22m Housing Deficit
The Central Bank of Nigeria (CBN) has stressed the need for the mobilisation of private sector funding to…
As Crackdown Looms, South Korea’s Defiant Crypto Fans Dig In Joori Roh
Yun Hae-ri, a 26-year-old South Korean cryptocurrency investor, has seen the value of a coin named Metadium nearly…
U.S. Consumer Watchdog Orders GreenSky To Pay Fine For Lending Abuses
The U.S. Consumer Financial Protection Bureau (CFPB) on Monday said it has fined an Atlanta-based financial…
Some Twitter Staff Return To Offices In New York, San Francisco
After more than 16 months of working from home, some Twitter Inc (TWTR.N) employees in San Francisco and New York…
Musk Tells SolarCity Trial That Tesla Would ‘Die’ If He Wasn’t…
Elon Musk insisted in court that Tesla Inc's(TSLA.O)board controls the company but also said the electric vehicle…
Nasdaq, S&P 500 Scale New Peaks As Focus Turns To Earnings, Economic Data
Wall Street's main indexes rose on Monday, with the Nasdaq and the S&P 500 hitting record highs, as investors…
U.S. Asks Court To Dismiss Government Appeal Of TikTok Ruling
The Biden administration on Monday asked a federal appeals court to dismiss the Justice Department's legal…
India’s Paytm Seeks To Raise $268 Mln In Pre-IPO Share Sale-Source
Indian digital payments firm Paytm is planning to raise $268 million in a funding round as it prepares for an…
Walmart’s Flipkart Raises Fresh Funds For $38 Billion Valuation As IPO Looms
Walmart Inc-owned Flipkart on Monday ushered back SoftBank Group Corp (9984.T) as an investor in a $3.6 billion…
After U.S. Push, EU Pauses Tax Plan, But Ireland Sticks To Its Guns
The European Union has agreed to delay a corporate tax plan for the bloc following pressure from the U.S.…
Analysis: Dealmakers See M&A Rush, Then Chills, in Biden’s Antitrust…
Dealmakers expect a new wave of transformative U.S. mergers and acquisitions (M&A), as companies rush to…
Factbox: Richard Branson: Daredevil Billionaire Entrepreneur Set To Fly To Space
Flamboyant British entrepreneur Richard Branson is set to fly to space on a Sunday test flight by his Virgin…
Billionaire Branson Soars To Space Aboard Virgin Galactic Flight
British billionaire Richard Branson on Sunday soared more than 50 miles above the New Mexico desert aboard his…
ECB To Change Policy Guidance At Next Meeting, Lagarde Says
The European Central Bank will change its guidance on the next policy steps at its next meeting to reflect its new…
Credit Suisse’s Swiss Compliance Chief Floriana Scarlato Quits Immediately
Credit Suisse (CSGN.S) said on Monday that Floriana Scarlato is quitting "with immediate effect" as compliance head…
Analysis: China’s RRReminder That Economies Remain Fragile
China's decision on Friday to give its economy a 1 trillion yuan ($154 billion) shot in the arm has given investors…
South Korea’s Container Squeeze Throws Exporters Into Costly Gridlock
Unable to get a slot on a container vessel, Lee Sang-hoon is considering using fishing trawlers docked for repair…
Multinationals Tax Shift Unlikely Until 2022, Says Yellen
U.S. Treasury Secretary Janet Yellen on Sunday said that a newly endorsed mechanism to allow more countries to tax…
Exclusive White House To Target Bank Mergers, Financial Data With Competition…
President Joe Biden's planned executive order to promote greater U.S. competition will target bank mergers by…
Biden’s Executive Order To Promote Competition In The U.S. Economy Includes…
President Joe Biden will sign an executive order on Friday that includes 72 initiatives he wants over a dozen…
Bitcoin, Ether Tumble As Investors Take Off Risk Amid Global Markets Slide
The price of bitcoin dropped Thursday as investors began shedding risk amid an equity markets decline. Fears of a…
Swedish Crypto Scammer Sentenced To 15 Years In Prison
A Swedish man wanted by the United States for defrauding over 3,500 victims of more than $16 million has been …
Instacart Taps Facebook App Head Simo As CEO
Instacart named Facebook Inc (FB.O) app head Fidji Simo as its chief executive officer on Thursday, adding big tech…