Businessam Staff
UK government bonds sold off by foreign investors amid Brexit fears
Bank of England data released on Thursday showed that £17.2 billion in foreigners’ holdings in July dropped, the largest since…
Telsa chief accounting officer announces departure from company, shares fall
Tesla Inc shares fell more than 8% to US$257.61 in Friday morning trading as its chief accounting officer Dave Morton…
Pound jumps by $1.30 against the dollar after positive indications on Brexit
Pound rose almost 0.7 per cent against the dollar and more than 0.6 per cent against the euro, to $1.3015…
Commodities Update – September 04, 2018
Commodities Update - September 04, 2018
Amazon joins Apple, hits 1 $trn market value
Amazon joins Apple to become the second company that has hit the trillion dollar stock market value. The company had…
China is loaning billions of dollars to African countries. Here’s why the U.S. should be worried
By Grant T. Harris Next week, China will host leaders from across Africa for a summit in Beijing. The…
Qatar Airways puts Indian airline launch on hold due to “confusing” foreign ownership rules
Qatar Airways would be willing to buy a 15-25% stake in IndiGo as an alternative to setting up an Indian…
Regulatory zeal and FDI
By SBM Intelligence Last week, the Central Bank of Nigeria (CBN) disclosed that it had hit four banks with…
Turkey’s central bank to take action after inflation hits 18%
Turkey’s central bank said on Monday that it would take action after inflation surged to its highest in nearly a…
Afreximbank unveils programme to aid African banks in international transactions
The African Export-Import Bank (Afreximbank) says it has set up a trade finance facilitation programme to mitigate the stringent compliance…
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