wires page

Oil reverses course and rises as dollar backs off highs

Oil rose on Thursday, reversing early losses, aided by a drop in the dollar that helped focus investors' attention on a probable decline in...

Barclays delivers on dividend despite 2017 disappointment

Barclays PLC showed its confidence in future earnings on Thursday by restoring its full dividend, despite lacklustre investment banking income, restructuring costs and U.S....

Unilever gets offer for Alsa baking and dessert business from Dr....

Unilever said Germany's Dr. Oetker made a binding offer for its Alsa baking and dessert business for an undisclosed sum. The Anglo-Dutch company said the...

Qualcomm says Broadcom deal may lead to loss of two major...

Qualcomm Inc said on Friday that it might lose two major customers if the revised $121 billion deal with chipmaker Broadcom Ltd goes forward. "Two...

Facebook launches $10 mln community leader awards

Facebook launched a community leadership programme on Friday that will award $10 million in total to more than 100 people who have successfully built...
newstage.com.ng

ANALYSIS-Trump ‘energy dominance’ policy pits Washington against Moscow

Last July, U.S. President Donald Trump stood beside his Polish counterpart, Andrzej Duda, in Warsaw and promised to help wean the nation off Russian...
newstage.com.ng

Ship carrying 22 Indian crew missing in Gulf of Guinea since...

A ship carrying 22 Indian crew and 13,500 tons of gasoline is missing in the Gulf of Guinea after contact was lost in Benin...

Oil falls on strong dollar, stalling rally that opened 2018

Oil prices fell on Friday as the dollar surged following strong U.S. jobs numbers, though compliance with output cuts by OPEC and rising global...

Oil markets firm support strong demand, ongoing OPEC-led supply restraint

Oil prices held firm on Monday, supported by strong demand, a weak dollar and ongoing supply cuts lead by OPEC and Russia, although soaring...

Hillary Clinton surprises with Grammy ‘Fire and Fury’ spoof

Bruno Mars beat Jay-Z for the top Grammy Awards on Sunday, but the surprise star of the night was former Democratic presidential candidate Hillary...

Donald Trump says he sometimes tweets from bed – ITV

U.S. President Donald Trump said he sometimes tweets from bed. When asked about whether he tweeted from bed with his phone, Trump said: "Well perhaps...
newstage.com.ng

Nearly 100 killed in ambulance blast in Afghan capital Kabul

A bomb hidden in an ambulance killed at least 95 people and wounded about 158 in the Afghan capital Kabul on Saturday when it...
newstage.com.ng

Egypt to halt imports of LNG by end of FY 2017/18...

Egypt plans to stop importing liquefied natural gas (LNG) by the end of the 2017/18 fiscal year ending in June as it speeds up...

How sex trafficking to Italy can be prevented, by Stephanie Linus

Nigerian actress Stephanie Linus says celebrities like her can mobilise their fanbase and help stem the flood of women who swap Africa for a...

Unilever and consumer rivals raise bets on Nigeria

With Africa's most populous country out of recession, and the wider region on the path to growth, the world's consumer goods companies are looking...

NNPC’s oil, gas export sales in November were $239.1 million

Nigeria's state oil firm said on Wednesday its November export sales of crude oil and gas were $239.1 million, down 25.7 percent from the...

Political shocks driving oil prices again, Eni CEO says

Oil prices are more susceptible to political events than in the past few because of a dwindling global supply cushion, the chief executive of...

Nigeria passes PIB this week after 17 year struggle

Nigeria has moved closer to turning an oil industry bill into law after a 17 year struggle to complete the legislation which aims to...

U.S. oil industry set to break record, upend global trade

Surging shale production is poised to push U.S. oil output to more than 10 million barrels per day - toppling a record set in...

Adidas aim to increase its US market share to 20 pct...

German sportswear maker Adidas wants to increase its U.S. market share to around 15-20 percent from levels that are now "significantly lower", its chief...

Shell OKs first UK North Sea project in six years

Royal Dutch Shell gave the green light on Monday for an expansion of the Penguins oil and gas field in the UK North Sea,...

Oil hovers below $70 highs, clouded by rise in U.S. output

Oil hovered near a three-year high of $70 a barrel on Monday on signs that production cuts by OPEC and Russia are tightening supplies,...

Rules to regulate on Bitcoin must be on global scale, Germany’s...

Any attempt to regulate cryptocurrencies such as Bitcoin must be on a global scale as national or regional rules would be hard to enforce...
newstage.com.ng

Ford plans $11 billion investment, 40 electrified vehicles by 2022

Ford Motor Co will significantly increase its planned investments in electric vehicles to $11 billion by 2022 and have 40 hybrid and fully electric...

Oil dips away from 2014 highs on rising U.S. rig count,...

Oil prices dipped on Monday as rising drilling activity in the United States pointed to higher future output, although output cuts led by OPEC...
newstage.com.ng

Helicopter crashes on way to Indian oil rig, killing 4

A helicopter carrying employees of an Indian oil company to an off-shore rig in the Arabian Sea crashed Saturday, killing four people and leaving...

MoneyGram Inc. partners with bitcoin-rival Ripple, causing shares to jump 10.5...

Shares of MoneyGram International Inc jumped 10.5 percent on Thursday, after the money-transfer company said it partnered with blockchain firm and bitcoin-rival Ripple. As part...

OPEC shouldn’t rush to change a global supply-cutting pact – UAE

OPEC need not respond to a rise in oil prices by rushing to change a global supply-cutting pact, United Arab Emirates Energy Minister Suhail...

Oil rises above $70 since 2014, warning lights flash up in...

Oil prices have risen above $70 per barrel for the first time since 2014 as investors bet supply cuts led by OPEC will dominate...

Haiti ‘shocked’ by Trump comments, summons U.S. envoy

Haiti on Friday expressed shock at reports that U.S. President Donald Trump referred to the Caribbean nation as a "shithole," and summoned the top...

Mass burial held for 73 people killed in clash between herdsmen...

Seventy-three people killed since the start of the year in communal violence between semi-nomadic herdsmen and farmers were buried in Nigeria on Thursday highlighting...
newstage.com.ng

Taiwan bought 73,635 tonnes of wheat from U.S. last week

The Taiwan Flour Millers´ Association last week bought 73,635 tonnes of milling wheat to be sourced from the United States, European traders said on...

Oil prices hit highest since 2014, but analysts warn of overheated...

Oil prices hit their highest levels since 2014 on Wednesday due to ongoing production cuts led by OPEC as well as healthy demand, although...

Twitter, Snapchat tie up with Fox to provide coverage of FIFA...

Twenty First Century Fox Inc's Fox Sports is partnering with Twitter Inc to stream a live show and Snap Inc's Snapchat to showcase stories...

Boeing likely the world’s biggest plane maker, tops Airbus with 763...

Boeing Co said on Tuesday it delivered 763 jetliners in 2017, likely retaining the title of the world's biggest plane maker compared with European...

Apple’s iPhone battery overheats causing evacuation in Zurich store

An overheated iPhone battery injured a repairman in an Apple store in Zurich and prompted the evacuation of around 50 people from the shop...

T-Mobile adds over 5 million customers in 2017

T-Mobile US Inc said on Tuesday it added more than 5 million net customers in 2017, the fourth straight year it has achieved these...

Oil prices above $68 on tighter market, highest since May 2015

Oil rose further above $68 a barrel on Tuesday, touching its highest since May 2015, supported by OPEC-led production cuts and expectations U.S. crude...

ANALYSIS-iPhone addiction may be a virtue, not a vice for investors

Apple Inc investors are shrugging off concerns raised by two shareholders about kids getting hooked on iPhones, saying that for now a little addiction...

Swiss National Bank expects record 2017 profit of 54 bln Sfr

The Swiss National Bank expects an annual profit of 54 billion Swiss francs ($55.25 billion) for 2017, the central bank said on Tuesday, the...

recent post

Share This!