Naira’s value continues to plummet despite Central Bank of Nigeria’s efforts
The Nigerian Naira continues to experience significant depreciation, despite the Central Bank of Nigeria’s attempts to strengthen the local currency.…
EU countries, lawmakers set to agree on light touch rules for Airbnb, sources say
(Reuters) – EU countries and European Parliament lawmakers are set to agree on light touch rules for Airbnb next week,…
U.S stocks are rising, attempting to rebound after Powell’s hawkish comments
U.S. stocks are rising, trying to rebound from their first down day in nine after Federal Reserve Chair Jerome Powell…
Illumina shares slip after genetic testing group lowers profit guidance
Shares in Illumina (NASDAQ:ILMN) shed more than a tenth of their value in early U.S. trading on Friday after the…
Freddie Mac tenders $2.1 billion in STACR Notes
In a recent financial maneuver, Freddie Mac announced the tendering of approximately $2.1 billion in Structured Agency Credit Risk (STACR)…
UAW workers at GM’s Flint plant narrowly vote against new labor deal
(Reuters) – United Auto Workers (UAW) union members at General Motors (NYSE:GM)’ Flint assembly plant in Michigan have narrowly voted…
Las Vegas unions end strike threat after reaching labor deal with Wynn Resorts
(Reuters) – Hospitality workers in Las Vegas reached a tentative labor deal with Wynn Resorts (O:WYNN), their union said on…
Boeing data published by Lockbit hacking gang
(Reuters) – Internal data from Boeing (NYSE:BA), one of the world’s largest defence and space contractors, was published online on…
US Treasury yields soar, dollar strengthens as recession fears ease
The US financial markets experienced a notable shift yesterday, with a significant increase in Treasury yields following a poor auction…
Qualcomm terminates agreements with Iridium Communications
Iridium Communications (NASDAQ:IRDM) shares are down around 1% premarket Friday after the company said Qualcomm (NASDAQ:QCOM) has told the company…