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Facebook’s stock hits record high, signaling recovery after extended historic slump
Shares of Facebook, which have been doggedly crawling their way back from a historic slump after lapses in users’ privacy sparked fears of lower profits, on Friday struck an intra-day record high for the first time in over a year.
Asian shares stumble, oil, gold up
Asian shares slipped on Friday, erasing early gains, while gold shone and oil prices spiked after U.S. airstrikes in Iraq killed a top Iranian commander, heightening geopolitical tensions.
Saudi capital market gives green light for Aramco’s record initial public offering
Saudi Aramco’s multibillion-dollar share sale, likely the biggest initial public offering (IPO) in history, is officially underway after the company formally announced its plans to list stock on the Kingdom’s stock exchange, the Saudi Tadawul.
Twitter slides on disappointing growth report
Twitter shares skidded Thursday as a quarterly update showed weaker-than-expected growth for the messaging platform.
China joins Asian shares in cautious advance ahead of trade talks
Asian shares inched up on Tuesday, with Chinese shares making decent gains after a week-long holiday, though investors remained cautious over U.S.-China trade talks after President Donald Trump said a quick deal was unlikely.
Recession fears hit Wall Street after grim China, German data
Wall Street was set to open sharply lower on Wednesday, as poor economic data from China and Germany put the focus back on the impact of a bruising Sino-U.S. trade war, which is pushing some major economies toward the brink of recession.
Multichoice, DSTV owners to sack 2,200 workers
Naspers’ pay-television business MultiChoice Group, owners of DSTV, is planning to lay off close to 2,200 workers in a shake-up of its customer care service, the company said on Friday.
Samsung shares rise as Huawei struggles
Shares in Samsung Electronics climbed nearly three per cent Tuesday on the back of its chief rival Huawei’s mounting problems, including a decision by Google to sever ties with the Chinese mobile phone maker.
Uber set to list stocks at $45 per share amidst drivers’ protests
Uber is set for its Wall Street debut Friday with a massive share offering that is a milestone for the ride-hailing industry and the so-called “sharing economy,” but which comes with simmering concerns about its business model.
Juventus shares plunge after Champions League exit
Shares in Italian club Juventus fell more than 17 percent in early trading on Wednesday after Cristiano Ronaldo’s side were knocked out of the Champions League quarter-finals by Ajax.
Apple supplier Japan Display seeks funding as iPhone sales slow
Apple supplier Japan Display said on Monday it aims to raise as much as $990 million in new financing as early as this week, sending shares of the struggling manufacturer sharply higher.
Elections: Facebook reveals most talked topics in Nigeria
Facebook has revealed the most talked about subjects and topics of conversation on its platform with regards to the upcoming Nigerian elections.
Tokyo stocks climb on US-China G20 trade truce
Tokyo shares closed higher Monday, as investors breathed a sigh of relief after the US and China agreed to suspend new tariffs in their escalating trade war.
Japan ready to work for Nissan-Renault alliance stability
Japan said on Wednesday it is ready to work for the stability of the Nissan-Renault global alliance.
Juventus shares hurt by Cristiano Ronaldo accusations
Shares in top-tier Italian football club Juventus fell sharply on Friday, with a trader attributing the move to rape allegations against its recently acquired star player Cristiano Ronaldo.
Oando shares rise 10% after suspension lifted
Shares in Nigerian oil company, Oando, rose 10 per cent Thursday after the regulator lifted a suspension placed on trading in the oil firm’s shares.
Recent Stories
Senate deputy minority leader endorses Amotekun
Sen. Emmanuel Bwacha, representing Taraba South Senatorial District and Senate Deputy Minority Leader, on Sunday, voiced his endorsement of ‘Operation Amotekun’ recently launched by governors in South-West zone.
APC, AA win Imo rerun elections
Mrs Marian Onuoha, aka Mama Sure P, the candidate of the All Progressives Congress (APC) has emerged the winner of rerun election for the Isiala Mbano/Okigwe/Onuimo Federal Constituency seat conducted by the Independent National Electoral Commission on Saturday.
Lagos government arrests 14 illegal sand dredgers in Banana Island
The Lagos State Government has arrested 14 illegal sand dredgers on the shoreline of Ikoyi-Lekki axis in Banana Island during a compliance enforcement exercise.
Akwa United sign defender Olisa Ndah from Remo Stars
Nigerian professional football league side Akwa United has completed the signing of Chan Eagles defender Olisa Ndah.
Dakkada thrash Jigawa Golden Stars to move fourth on NPFL table
Dakkada football club scored twice in the second half to beat Jigawa Golden Stars in the matchday 17 of the Nigeria professional football league game played at the Nest of Champions in Uyo on Saturday.
Most Popular
Manchester City in flying form as Sergio Aguero breaks record
As expected they still lead the way in goal difference and have scored an incredible 62 goals to date. Since the shock 3-2 away loss to Wolves, they have also found their form and are on a five game winning run.
Greece picks first female president
She is 63-year-old Ekaterini Sakellaropoulou, a senior judge with an expertise in environmental and constitutional law.
Civil society group wants court to stop Shiite group from publishing book
A civil society organisation, Centre for Social Justice, Equity and Transparency (CESJET), has prayed the Kaduna State High Court to stop the Islamic Movement of Nigeria (IMN) from publishing a book on its 2015 clash with the Nigerian Army.
Marcos Rojo to join Estudiantes on one-year loan deal
After the arrival of Harry Maguire in the summer, the 29-year-old has found himself further down the pecking order in terms of centre backs at Old Trafford.
Leaked documents destroy reputation of Isabel dos Santos
Isabel dos Santos, 46, the daughter of Angola’s long-running leader of 38 years, was mostly seen as untouchable in Luanda.