Search Results for: Africa
Oil Retreats Below $47 Before OPEC Meeting as Metals Snap Rally
November 29th, 2016
Copper suffers in first loss for seven days; zinc, nickel down European stocks open lower with Italy focus; Asia shares mixed Oil retreated back below $47 as OPEC members failed to bridge their differences on production cuts, while a ...
Payment card acceptance expanding fast in developing markets
November 25th, 2016
Rural expansion is driving rapid growth in card acceptance in developing markets, while regulation and new technology are boosting acceptance in more developed markets Underserved regions are showing the fastest growth According to RBR’s latest research, Global Payment Cards ...
The price of one Bitcoin in Nigeria rose to as high as US$1,250
November 24th, 2016
West African country looks poised to take advantage of US$21 billion market. The price of one Bitcoin in Nigeria rose to as high as US$1,250 on Monday November 21 according to Bitx, one of Africa’s biggest exchanges for the ...
Multinational Law Firm opens new shared services center in Poland
November 22nd, 2016
Dentons is pleased to announce that the Firm’s new shared services center in Warsaw has officially opened. Dentons Business Services EMEA (DBSE) is a joint initiative between the UK, Middle East and Africa (UKMEA) and Europe regions of the ...
Asian Energy Stocks Rally With Crude Oil as Dollar Holds Advance
November 21st, 2016
Japan’s Topix index caps longest rally since August 2015 Dollar index at January high as Trump spurs rate-hike bets Oil jumped on optimism OPEC will agree to a supply-cut deal, buoying Asian energy stocks. The dollar built on last ...
EFG HERMES and SAXO BANK form strategic partnership to launch multi-asset trading
November 16th, 2016
EFG Hermes, a leading financial services corporation in the Arab World, and Saxo Bank, the online multi-asset trading and investment specialist announced today the signing of a strategic partnership agreement, which will enable full integration of Saxo Bank’s SaxoTraderGO ...
Coffee, corn tempt hedge funds to extend bullish ags spree
November 15th, 2016
Hedge funds lifted their bullish positioning in ags to the highest in four months, fuelled by a record-high net long in coffee, and a sharp cut in bearish bets on corn – which could create potential for fresh selling. ...
UNICEF invests in tech start-ups; first investment in a blockchain start-up
November 15th, 2016
UNICEF today announces its first portfolio of investments in open source technology solutions including tools that improve connectivity, real time data collection, identity technology and learning. The UNICEF Innovation Fund applies a venture capital approach to source solutions for ...
Bonds Selloff Abates as Dollar Snaps Trump Rally; Oil Rebounds
November 15th, 2016
Emerging-market stocks, currencies have first gains in a week Japan bonds fall after auction; 10-year yield touches zero The fallout from Donald Trump’s election to the U.S. presidency showed signs of moderating in financial markets with benchmark Treasuries and emerging-market ...
Dollar rides Trump rally, hovers near 3-1/2-month high vs. yen
November 11th, 2016
The dollar hovered near a 3-1/2-month high versus the yen on Friday, after making big gains overnight as the markets prepared for a Donald Trump presidency that could stimulate the U.S. economy fiscally and lift interest rates. The U.S. ...
