Facebook Takes Legal Action After Irish Regulator Threatens To Clamp Down On Transatlantic Data Transfers
LONDON — Facebook on Friday launched legal action against Ireland’s data regulator, in an attempt to halt a preliminary order…
JPMorgan Creates New Team To Trade Shares Of Pre-IPO Giants Including SpaceX, Robinhood And Airbnb
JPMorgan Chase thinks it’s found the next hot market for investors: Taking stakes in giant, pre-IPO start-ups from SpaceX to…
Joe Biden And Mike Pence Meet And Elbow Bump At 9/11 Memorial At Ground Zero In New York City, Reflecting Coronavirus Concern
Vice President Mike Pence and former Vice President Joe Biden greeted each other with an elbow bump Friday at the…
Samsung’s Latest $2,000 Folding Phone Actually Works This Time
Samsung bets that the future of phones looks a lot like this: You carry a device in your pocket that…
Stocks Making The Biggest Moves Midday: Peloton, Oracle, Nikola, Domino’s & More
Peloton — The exercise equipment maker’s stock jumped 2.5% after the company handily beat earnings expectations for the fourth quarter.…
Nigeria: Works Ongoing On Baro Port Access Road – Govt
The Ministry of Works and Housing has affirmed that three contractors are currently working on the access road of Baro…
Forex Ban On Food: MAN Warns Of Rising Inflation, Faults FG On Food Sufficiency
The President, Major General Muhammadu Buhari (retd.), on Thursday directed the Governor of the Central Bank of Nigeria, Godwin Emefiele,…
Naira Plunges, Exchanges For N440/$
The naira exchanged to the dollars for N440 in the parallel market on Thursday, despite the resumption of forex sales…
Over 40% Manufacturers Unable To Access Forex –MAN
The Manufacturers Association of Nigeria (MAN) has lamented that, despite inward looking foreign exchange (forex) stance of the Central Bank…
Sterling Bobs Above $1.28 After Worst Week Since March
The pound rose against the dollar on Friday, bobbing above the $1.28 mark after a week in which new Brexit…
Nigeria: Covid-19 – Govt Cautions Travellers Against Fake PCR Tests
The Federal Government, yesterday, lamented fake COVID-19 PCR tests in circulation, cautioning travellers against the use of same. It also…
Nigerians, Others Face Deportation, UAE Issues Nov Deadline
Nigerians and other foreigners in the United Arab Emirates whose resident visas had expired have till November 17 to leave…
Lower-For-Longer Rates From The Fed Point To A Weaker-For-Longer Dollar
The greenback has been on a slide since COVID-19 arrived in the United States, and a wonky change in the…
You Might Be Able To Rent A Peloton Bike One Day, CEO John Foley
After a blowout quarter, Peloton is considering ways to make its expensive, high-tech workout equipment more affordable and accessible to…
At Least 20 States Start Paying The Extra $300 Weekly Unemployment Benefit
At least 20 states have begun issuing a $300 weekly supplement to unemployment benefits, after a slow rollout that has…
Euro Firms As ECB Policymakers Calm Worries; Norwegian Crown Shoots Up
The euro rose slightly on Friday as traders noted European Central Bank policymakers’ calm approach to the euro’s recent appreciation,…
Naira Slumps Despite Resumption Of Forex Sales To BDCs
Despite resumption of forex sales to Bureau de Change operators, the Nigerian currency slumped in the parallel market Thursday. Checks…
Nigeria Blocks Dollar Access For Food And Fertilizer Imports
Nigerian President Muhammadu Buhari has ordered the central bank to stop providing foreign exchange for food and fertilizer imports as…
Nigeria Blacklists Airlines In Diplomatic Tit-For-Tat
In a tit-for-tat move, Nigeria is denying entry to carriers from countries that have imposed travel restrictions on its citizens.…
Nikola Shares Plunge More Than 10% Amid Dispute Over Short Seller’s Fraud Allegations
Nikola shares tumbled more than 10% on Friday after the electric vehicle company dismissed fraud allegations made in a report…
Trump Health Official Seema Verma Spent Millions In Taxpayer Funds To Boost ‘Personal Brand,’ Democrats Charge
Congressional Democrats are accusing a top health official in President Donald Trump’s administration of “extensive abuse” of millions of taxpayers’…
Apple’s Product-Launch Extravaganza Will Be Muted This Year Because Of Covid-19
Apple will begin its annual blitz of new products and updates next week, but the rollouts will look different this…
WHO Calls Delay In AstraZeneca Coronavirus Vaccine Trial A ‘Wake-Up Call’
World Health Organization officials said AstraZeneca’s decision to delay the phase three trial of its experimental Covid-19 vaccine for safety…
Deadly Wildfires Worsen Across California, Oregon And Washington
“This could be the greatest loss of human lives and property due to wildfire in our state’s history,” said Oregon…
Battered Sterling Sinks To More Than 5-Month Low Vs Euro As Brexit Talks Start
The British pound fell over 1% to a more than five-month low on Thursday as Britain and the EU prepared…
Nigeria: Ndigbo Rejoices As Commercial Flights Resume In Enugu Airport
Appreciations were on Wednesday extended to the federal government as the first commercial aircraft landed in Akanu Ibiam International airport…
Citi CEO Michael Corbat To Retire Next Year, Jane Fraser To Become First Woman CEO Of A US Megabank
Citigroup CEO Michael Corbat said Thursday he is retiring in February after eight years leading the bank, and that retail…
Euro, German Bond Yields Jump To One-Week High As ECB Says It Has No FX Target
The euro and German government bond yields jumped to their highest in a week on Thursday after ECB chief Christine…
Nigeria: Lagos Govt Suspends Development Of Estates Without Layout Approval, Warns Land Property Buyers
The Lagos State Government has suspended development of housing estates without the requisite Layout Approval, in the area designated as…
Gold Rises 1% As Dollar Weakens After ECB Stands Pat On Policy
Gold jumped 1% on Thursday, as the dollar weakened after the European Central Bank kept its policy unchanged and U.S.…