Rivers Court Denies Dutch Couple Bail Over $330,000 Oil Vessel Fraud
A Federal High Court sitting in Port Harcourt, Rivers State, on Thursday denied a Dutch national, Pieter Borremans…
Sirika Seeks Private Sector Support For Aviation Infrastructure
Minister of Aviation, Hadi Sirika, has stressed the need for Nigeria to attract private investors that will support…
British Airways Considers Selling Its Headquarters After Homeworking Switch
British Airways said it was considering selling its headquarters building because of a switch to homeworking during…
Benchmark German Bonds Rise, Set To End Week Unscathed From U.S. Sell-Off
AMSTERDAM, March 19 (Reuters) - Benchmark German bonds rallied on Friday, tracking U.S. Treasuries, and were set to…
Oil Steadies After Sell-Off As Demand Doubts Persist
Oil prices steadied on Friday, but were down 8% for the week, after an overnight sell-off as a new wave of…
Consumers Lament Tariff Increment Amidst Economic Downturn
Prepaid electricity consumers have decried increase in tariff endorsed by the Nigerian Electricity Regulatory…
Autonomous Driving Startup Momenta Raises $500 Million From SAIC, Toyota, Others
Chinese autonomous driving startup Momenta said on Friday it has received $500 million from SAIC Motor, Toyota…
Bank Of America’s Summer Internship Program To Be Virtual
Bank of America Corp said on Thursday its 10-week summer internship program for 1,800 interns will be held…
Bond Managers Say Pace Of Rise In U.S. Bond Yields ‘Unsettling’
The recent pace of the rise in yields in the U.S. Treasury market has been unsettling, according to several major…
Starbucks Shareholders Reject CEO Pay Proposal In Rare Move
Starbucks shareholders voted against the company's CEO pay proposal in a rare move that may indicate some…
US-China Talks Could End Up Inflaming Trade Tensions
Senior officials from the United States and China are meeting in person on Thursday for the first time since US…
DPR Remits N2tn to Federal Government, Seals 11 Filling Stations
The Department of Petroleum Resources on Thursday announced that it generated over N2tn for the Federal…
Foxconn In Talks With Vietnam’s Vinfast On Electric Car Partnership
Taiwan’s Foxconn is in early stage talks with Vietnamese carmaker VinFast about partnering in electric vehicles,…
Swedish EV Charging Company Charge Amps Raises $15 Million
Swedish maker of electric vehicle charging solutions, Charge Amps, said on Friday it had raised 130 million crowns…
Oil Extend Losses Amid Gloomy Demand Outlook
Oil prices fell on Friday for a sixth day in a row, down nearly 9% for the week, as a new wave of COVID-19…
Greensill Creditors Made Over $1.4 Billion In Claims In Australia Meeting:…
Administrators of collapsed British supply chain financier Greensill said on Friday 34 creditors submitted claims…
Austin On Mission To Deepen India-US Ties, Urged To Raise Russia Deal
Defense Secretary Lloyd Austin was urged by a senior U.S senator to convey Washington’s opposition to India’s…
Twenty Years On, EU Turns Cold On Mercosur Trade Deal
As the European Union looks forward to a fresh start with the United States under a new president, it is riddled…
China’s Small Tech Firms Step Out Of The Shadows As Giants Reel From…
One firm’s loss is another’s gain. China’s smaller technology companies and investors are eager to seize the day as…
Dollar Falters As Fed Dashes Early U.S. Rate Hike View
The U.S. dollar fell on Wednesday, after the Federal Reserve said it does not expect to raise interest rates…
Japanese Judiciary Sends Conflicting Signals To Nuclear Industry
Japanese courts delivered conflicting rulings on two nuclear reactors on Wednesday, lifting an injunction on one…
Nokia Sees Its Comparable Operating Margin Growing To 10-13% In 2023
Finnish telecom equipment maker Nokia sees its comparable operating margin growing to 10-13% in 2023, it said on…
Pakistani Province Plans To Build Pilot Crypto Currency Mining Farms
The Pakistani province of Khyber Pakhtunkhwa is planning to build two hydroelectric-powered pilot “mining farms” to…
Britain Sets Sights On ‘Big Four’ Auditors In Market Shake-Up
Britain proposed weakening the market grip of “Big Four” auditors on Thursday and making company directors…
BlackRock Ups Focus On ‘Natural Capital’ Ahead Of AGM Season
BlackRock on Thursday warned companies that rely on nature or have an impact on natural habitats to publish a “no…
Credit Suisse Execs Earn Less Following 2020 Headaches
Credit Suisse executives earned 12% less in total aggregate compensation in 2020, the bank’s annual report showed…
Steeper And Higher: U.S. Bond Tantrum Averted, But Worries Remain
Markets may be less fearful of a “taper tantrum” after the Federal Reserve’s latest meeting, but the prospect of…
Fed Patience Calms Yields For Now, But Market Feels Like ‘Coiled…
The Federal Reserve may have avoided inflaming the bond market with its latest policy decision and outlook, but as…
China Regulators Held Talks With Alibaba, Tencent, Nine Others On…
- Chinese regulators recently summoned 11 domestic technology companies including Alibaba Group, Tencent and…
Stocks Cheer Dovish Fed, Yen Supported Before BOJ Decision
Asian shares and U.S. stock futures rose on Thursday after the Federal Reserve committed to maintaining…