Economy

International Monetary Fund increases growth projection for Nigeria

International Monetary Fund increases growth projection for Nigeria

MoSPI had revised the country's economic growth projections on January 31 this year, scaling up growth projections for some years such as demonetisation year of 2016-17 and 2017-18. If trade tensions ...

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Yvette Cooper's Brexit extension bill is given assent

Yvette Cooper's Brexit extension bill is given assent

Justice Secretary David Gauke said the talks were taking place in a "constructive manner" but it was too early to say whether they would reach an agreement. Labour's demands include keeping Britain i...

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PM meeting with Chancellor Angela Merkel: 9 April 2019

PM meeting with Chancellor Angela Merkel: 9 April 2019

Tusk's reference to Brexit holding up other European business, and other remarks later in his letter referring to ways to sideline this, reflect apparent serious concerns by France's Macron, who sees ...

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Fiat Chrysler to pay Tesla to pool Carbon dioxide emissions, paper says

Fiat Chrysler to pay Tesla to pool Carbon dioxide emissions, paper says

FCA joined Tesla's so-called open pool on February 25, and according to a senior director at the Transport & Environment lobbying group the partnership will be valid for "several years". In 2018, F...

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They Set Out for a Romantic Vacation, Disappeared

They Set Out for a Romantic Vacation, Disappeared

Two weeks after the pair left their hotel overseas, their family has no answers regarding their whereabouts. The couple flew out of Newark Airport on March 23 for a getaway in the Dominican Republic...

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In video address, Ghosn says he is innocent and victim of backstabbing

In video address, Ghosn says he is innocent and victim of backstabbing

The Tokyo District Court decided on Friday to allow prosecutors to detain Ghosn until April 14. Ghosn said the conspiracy was borne out of fear that he would bring Nissan closer to its alliance pa...

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From cheese to helicopters: USA floats tariffs on $11bn of European Union products

From cheese to helicopters: USA floats tariffs on $11bn of European Union products

The US trade representative, Robert Lighthizer, said that the case had been in litigation at the World Trade Organisation for 14 years and that "the time has come for action". "The Administration is p...

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London ULEZ: Non-compliant vehicles fall since T-Charge introduction

London ULEZ: Non-compliant vehicles fall since T-Charge introduction

Ultra Low Emission Zone: why was it introduced? The GLA said the T-charge, which was introduced as a stepping stone to the ULEZ in February 2017, has already helped to increase the proportion of co...

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James Packers’ Crown casino in takeover talks with Las Vegas’ Wynn Resorts

James Packers’ Crown casino in takeover talks with Las Vegas’ Wynn Resorts

The announcement led to a double-digit jump in price in the shares of Crown Resorts, a firm listed on the Australian Securities Exchange. Wynn was proposing to buy the company half in cash, half in ...

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Warning over Fisher-Price sleepers after 10 babies die in US

Warning over Fisher-Price sleepers after 10 babies die in US

The Consumer Product Safety Commission (CPSC) and Fisher-Price have issued a warning following multiple infant deaths in the Rock 'n Play Sleeper. A spokesperson for the commission, Patty Davis, r...

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Next Nissan Frontier Coming Next Year As A 2021MY

On a visual front, an unnamed source with knowledge on the matter asserts that the new Frontier will look modern while still maintaining typical pickup looks. Nissan will update its aging Frontier t...

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Parliament OKs law barring Brexit without deal

Labour's deputy leader Tom Watson has previously called for a Chilcot-style public inquiry into the handling of Brexit. The UK has passed legislation permitting members of Parliament to make, during...

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Pinterest sets sites on $1.5bn in first public share offering

Pinterest sets sites on $1.5bn in first public share offering

Pinterest is the second of a herd of "unicorns" - private companies valued at over $1bn - now stampeding to list on the United States stock markets. Reuters had reported in January Pinterest, which ...

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Litecoin Price Monster Run Continues as $100 Seems Within Reach

Litecoin Price Monster Run Continues as $100 Seems Within Reach

However, the relationship that has been observed within the Bitcoin network isn't as strong as the relationship between the Litecoin hashrate and price. So, it may not be a insane idea for Litecoin to...

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EU members to veto Brexit extension 'extremely unlikely': Irish PM

EU members to veto Brexit extension 'extremely unlikely': Irish PM

Mr Barnier added that the border backstop arrangement remained the "only solution" to "maintain the status quo on the island of Ireland ". Mr Varadkar has made it clear that he is open to grantin...

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Boeing loses a bull as analyst sees longer 737 max recovery

Boeing loses a bull as analyst sees longer 737 max recovery

Southwest Airlines Co said on Monday it was pulling out all Boeing Co's 737 MAX jets from its flight schedules swa.is/2FRH8Ow through June 7, extending its earlier timeline by a week. The aircraft, en...

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UK plans social media regulation to battle harmful content

UK plans social media regulation to battle harmful content

Britain called for a first-of-its-kind watchdog for social media that could fine executives and even ban companies. As concerns mount globally over how to monitor internet material without stifling ...

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United Kingdom passports issued without 'European Union' label despite Brexit delay

United Kingdom passports issued without 'European Union' label despite Brexit delay

Alarmed and "furious" Twitter user Susan Hindle Barone shared a photo of her new British passport alongside her expiring one to show the key post-Brexit cover change (even though the United Kingdom is...

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Sports Direct's High Street Takeover Takes Bizarre Lie Detector Twist

Sports Direct's High Street Takeover Takes Bizarre Lie Detector Twist

Street in Arc leading up to Debenhams. If neither is fulfilled by Monday evening, the retailer is likely to go into a pre-pack administration, wiping out Sports Direct's stake and all other sharehol...

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BBC leads the way for broadcasters closing gender pay gap

BBC leads the way for broadcasters closing gender pay gap

All companies and public bodies with 250 employees or more are required to publish their median and mean gender pay gap figures. This does not include staff working directly for MPs, however, and do...

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Cain, Moore nominations for Federal Reserve seats on track: Kudlow

Cain, Moore nominations for Federal Reserve seats on track: Kudlow

Mr Trump is banking on a strong economy as a chief selling point when he runs for re-election next year. President Donald Trump "stands behind" Stephen Moore and Herman Cain , his picks for two...

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Hong Kong: Stocks open slightly lower on Thursday

Hong Kong: Stocks open slightly lower on Thursday

The direction of stock market moves in the short-term are highly unpredictable. Less than 1.00 shows less volatility than the market. The effect of the moving average is to smooth the price movement s...

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Nissan shareholders oust Carlos Ghosn from board

Nissan shareholders oust Carlos Ghosn from board

The approval Monday was shown by applause from the shareholders gathered at a Tokyo hotel. "I deeply, deeply apologize for all the worries and troubles we have caused", Saikawa said. She said her hu...

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Oil in Longest Run of Weekly Gains Since 2017 on Tight Supply

Oil in Longest Run of Weekly Gains Since 2017 on Tight Supply

Brent fell 6 cents on Wednesday, after touching $69.96, highest since November 12, when it last traded above $70. Brent opened Monday at $66.77 per barrel while WTI traded at $58.76 per barrel, d...

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Breast implants: France bans designs linked to rare cancer

Breast implants: France bans designs linked to rare cancer

The Canadian agency has banned only Allergan's Biocell breast implants. The agency has yet to announce any regulatory response. The malignancy is technically called breast implant-associated anaplasti...

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BMW, Daimler, VW broke antitrust rules, EU says in ‘preliminary view’

BMW, Daimler, VW broke antitrust rules, EU says in ‘preliminary view’

Already reeling in the wake of the devastating "dieselgate" emissions cheating scandal that broke in 2015, the German carmakers will have to respond to the EU's findings, which could result in stiff p...

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Hiring Rebounded in March as Economy Added 196,000 Jobs

Hiring Rebounded in March as Economy Added 196,000 Jobs

Average hourly earnings for all employees on private nonfarm payrolls increased by 4 cents last month to $27.70, after a 10-cent gain in February. The March unemployment rate was 3.8 percent, the ...

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While criticizing the Fed, Trump picks Cain for its board

While criticizing the Fed, Trump picks Cain for its board

He said the Fed should start buying more USA treasuries - another round of quantitative easing. Mr Trump said America was doing "unbelievably well", even though the central bank had "really slowed...

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New Ford Puma crossover: first teaser image drops…

New Ford Puma crossover: first teaser image drops…

Taking on Ford's latest design - as seen on the most recent Focus and Fiestas - the Kuga boasts three electrified variants at launch, ushering in a new era of hybrids for the company. What's mor...

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Amazon wants to offer internet connectivity from space

Amazon wants to offer internet connectivity from space

Collectively, they'll provide coverage on Earth between 56 degrees north and 56 degrees south latitude, an area that covers roughly 95 percent of the population. Amazon later confirmed Kuiper Systems...

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Strong online performance boosts GVC revenue for Q1

Strong online performance boosts GVC revenue for Q1

That side of the group, which is home to brands such as Foxy Bingo and partypoker, saw revenue surge 17% compared with the first quarter past year. Like-for-like net gaming revenue from GVC's United...

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UK Brexit chief says May not offering a blank check in talks

UK Brexit chief says May not offering a blank check in talks

Al Jazeera's Neave Barker, reporting from outside the UK Parliament in London , said May's offer to Corbyn has inflamed divisions in her own party. The House of Commons on Wednesday approved a bi...

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Corona, Modelo beers drive Constellation beat, wines leave a stain

Corona, Modelo beers drive Constellation beat, wines leave a stain

The company has a market capitalization of $33.55 billion, a price-to-earnings ratio of 21.96, a price-to-earnings-growth ratio of 2.11 and a beta of 0.45. "During fiscal 2019, our beer business deliv...

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Conagra recalls Hunt's tomato paste due to possible mold

Conagra recalls Hunt's tomato paste due to possible mold

According to the FDA notice, Conagra Brands recalled the no salt added six-ounce cans. "Conagra Brands became aware of the issue after receiving calls from consumers", the agency said. Consumers are b...

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United States stocks close mixed amid falling Tesla shares

United States stocks close mixed amid falling Tesla shares

The Dow Jones Industrial Average gained 0.2 per cent to 26,218.13. A Morgan Stanley analyst said the report potentially took the worst case scenario of an entirely new cause off the table. Seven of th...

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