Surprise Jump in U.S. Wages Gives Inflation Debate a New Twist
An unexpected jump in U.S. wages has given financial markets a new reason to worry that higher inflation may be...
Stocks Extend Record, U.S. Treasuries Hold Steady: Markets Wrap
Global stocks extended a record high and U.S. Treasuries were steady amid growing confidence inflation will prove transitory, leaving scope...
‘How organizations can stay safe from cyber attacks’
Cybercrime continues to evolve with new threats surfacing every year, hence, experts have stressed the need for organizations and businesses...
Dollar Stalls, Yields Ease as Stocks Trade Mixed: Markets Wrap
The dollar slipped and longer-dated Treasury yields were lower as investors awaited Thursday’s U.S. inflation report before gauging the direction...
Nigeria among top three countries with electricity deficits – World Bank
The World Bank has listed Nigeria among the three countries with the largest electricity deficits in the world. It said...
Saudi Wealth Fund, Early Alibaba Investor Back Jordanian Startup
A unit of Saudi Arabia’s $400 billion Public Investment Fund has led a new financing round for OpenSooq.com, a Jordan-based online classifieds...
BOE Models Big Shift Toward Digital Currency Bank Reserves
A big portion of consumer deposits at retail banks could shift to digital currencies if governments start offering them, the...
U.S.-China Trade Relationship Significantly Imbalanced, Tai Says
The trade relationship between the two largest economies in the world has “significant imbalance” and the Biden administration is committed...
U.S. Hiring Likely Picked Up in May While Unemployment Fell
Hiring in the U.S. is estimated to have accelerated in May, with signs of employers struggling to fill job openings...
Nigeria Misses Goal on Growing Access to Financial Services
Nigeria fell short of its goal to bring more of its citizens into the regulated financial system, with the effects...
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