A look at the day ahead in U.S. and global markets from Mike Dolan Wall Street’s tech-led stock surge to new records has seen $3 trillion AI-champion Nvidia (NVDA.O), opens new tab replace Apple (AAPL.O), opens new tab as the world’s 2nd most valuable company…
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Barcelona-based Nebius, a company empowering digital nomads and marketplaces with payments, crypto and card solutions, has secured €250M in institutional funding for its crypto-backed lending program. Nebius offers a secure service with a low interest rate structure to corporate and…
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Binance founder and former CEO Changpeng Zhao has been denied permission to return to the UAE by a US federal judge as he awaits sentencing for anti-money laundering failures. Zhao, popularly known as CZ, was denied permission to return to…
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The Central Agency for Public Mobilization and Statistics (CAPMAS) revealed that the value of trade exchange between Egypt and Somalia increased to $56.3m during the first 11 months of 2023, compared to $44.5m during the same period in 2022, marking…
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The Kenyan government has extended its full support to Kenyans looking to find work overseas. The administration has pledged to secure important bilateral agreements to safeguard its nationals in foreign countries. This is all part of the government’s initiative to…
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GCR Ratings (“GCR”) has affirmed MyCredit Investments Limited’s (trading as ‘FairMoney’) Nigerian national scale long-term and short-term issuer ratings of BBB(NG) and A3(NG) respectively. The rating agency explained that FairMoney was rated on the basis of its strong cash flow…
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Global oil demand growth will slow in 2024 as overall economic activity cools, Dubai-based lender Emirates NBD said in a new report. The absence of a strong demand story like the return of China from Covid-19 will limit upside risk…
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Oil advanced from a five-month low on positive demand signals including a drop in US inventories and signs the Federal Reserve is preparing to cut interest rates. West Texas Intermediate rose toward $70 a barrel, after climbing 1.3% on Wednesday…
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Bill Gates, the seventh richest person in the world, has a well-documented affinity for dividend income. This investment preference is clearly reflected in the staggering $464.5 million he earns annually from his portfolio. Gates’s investment strategy, rooted in picking companies…
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The United Nations said Monday that it needed $46.4 billion next year to bring life-saving help to around 180 million people in desperate circumstances around the world. The UN said the global humanitarian outlook for 2024 was “bleak”, with conflicts,…
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