Month: March 2019
Some financial experts have expressed divergent views on the likely effects of the reduction of the Monetary Policy Rate (MPR) by the Central Bank of Nigeria. While some said the rare reduction by 0.5 per ...
Trading resumed on the nation’s bourse on Tuesday still on a negative trend, declining marginally by 0.01 per cent in a cautious trading. The News Agency of Nigeria (NAN) reports that the All-Share Index lost ...
Global payments giant Mastercard will invest 300 million dollars as a cornerstone investor in the planned London float of payments processor Network International. Dubai-based Network International is the largest payments processor in the Middle East ...
Global ride-hailing firm, Uber Technologies Inc, will spend 3.1 billion dollars to acquire Middle East rival, Careem, buying dominance in a competitive region ahead of an anticipated initial public offering. Uber said on Monday night ...
Google on Tuesday said that it would open an engineering hub in Taiwan aimed at developing Artificial Intelligence (AI) technologies. “We’re going to be expanding our presence in Taiwan with a new campus located in New ...
Airbus shares rose on Tuesday after the European plane maker won a deal worth tens of billions of dollars to sell 300 aircraft to China. Airbus was up 1.9 per cent in early session trading. ...
Oil prices climbed on Tuesday, pushed up by supply cuts led by producer club, OPEC, and U.S. sanctions against Iran and Venezuela, although concerns about a potential recession kept markets from rising further. Brent crude ...
Samsung Electronics Co Ltd said on Tuesday first-quarter profit would likely miss market expectations due to fall in chip prices and slowing demand for display panels, in an unprecedented statement ahead of its earnings guidance. ...
Asian shares drifted higher on Tuesday after two days of losses as U.S. 10-year Treasury yields edged up, but the outlook remained murky as investors weighed the odds of whether the U.S. economy is in ...
Facebook Inc. said on Tuesday that it had removed more accounts from Iran, Russia, Macedonia, and Kosovo, citing what it described as “coordinated inauthentic behaviour’’. A total of 2,632 pages, groups, and accounts were removed ...
Recent Comment