Wall Street: Attention turns to financial earnings now
After over a month of watching Capitol Hill and Pennsylvania Avenue, Wall Street can get back to what it knows best: Wall Street. The first full week of earnings season is dominated by the financial...
View ArticleHSBC advises clients against more SAC investments
HSBC Holdings Plc’s private bank advised clients to not add money to Steven A. Cohen’s SAC Capital Advisors LP amid a United States government insider-trading investigation into the hedge fund,...
View ArticleHP’s Whitman earned $15m in 2012
Hewlett-Packard Company’s Meg Whitman received nearly $15.4m in the 2012 fiscal year, her first full year as chief executive officer, receiving only 70 per cent of her targeted compensation as it...
View ArticleUS states lead with major tax changes
Hopes for overhauling the federal tax system are fading in Washington, but in some state capitals, tax reform experiments – some far-reaching – are fast taking shape, Reuters reported on Sunday. Across...
View ArticleSun Life, Khazanah to buy Aviva’s Malaysian operations
Canada’s Sun Life Financial and Malaysian state investor Khazanah have agreed to buy Aviva’s Malaysian insurance joint venture with lender CIMB for about 1.7bn ringgit ($563m), sources said on Sunday....
View ArticleBanks come to terms with Britain’s compensation industry
The boss of Britain’s biggest retail bank struck a chord with the public when he complained of getting unsolicited calls from claims management firms promising him compensation from his own and other...
View ArticleJaguar to add 800 new UK jobs
Premium carmaker Jaguar Land Rover plans to create 800 new jobs at its Solihull factory in central England due to demand in China, Russia and the United States, a person familiar with the mattertold...
View ArticleTreasury, Fed reject platinum coins idea
The United States Treasury Department said on Saturday it would not produce platinum coins as a way of generating $1tn in revenue and avoiding a battle in Congress over raising the US debt ceiling. The...
View ArticleCitic Telecom buys 79% Macau Phone operator
Citic Telecom International Holdings Limited, controlled by China’s biggest state-owned investment company, will buy 79 per cent of a Macau phone operator for $1.16bn to expand in Greater China. Citic...
View ArticleMarkets hopeful on debt ceiling
The United States government is expected to bump up against its legal borrowing limit by March, and it would be hard to fault investors for feeling edgy. Reuters reported on Sunday, that the last fight...
View ArticleAnalysts predict increased market activities this week
Capital market analysts have said that the increase recorded in major market indicators on the Nigerian Stock Exchange for the greater part of last week would be sustained this week. The analysts...
View ArticleHarry Akande, FAAN bicker over airport hotel project
AIC Group, a company owned by business mogul and politician, Chief Harry Akande, and the Federal Airports Authority of Nigeria on Monday rekindled a 12-year-old battle over the ownership of a...
View ArticleOgun waterside fate
I am not sure if Ogun Waterside is part of Ogun State. During Governor Gbenga Daniel, we did not fill the impact of governance at all levels. In the current dispensation, there is nothing to show from...
View ArticleHeartland fans celebrate Super Four victory
Supporters of Heartland on Monday marched through major streets of Owerri, capital of Imo State, in celebration of the club’s victory at the Super Four tournament in Kano. Leader of the group, Bob...
View ArticleElizade varsity students urged to embrace excellence
The Founder and Visitor to Elizade University, Ilara-Mokin, Ondo State, Chief Michael Ade-Ojo, has charged the institution’s pioneer students to demonstrate academic excellence and ethical values that...
View ArticleUNILORIN admits 7,098 out of 64,121 candidates
The University of Ilorin on Monday matriculated only 7,098 under-graduates out of 64,121 candidates who obtained 200 scores and above in the Unified Tertiary Matriculation Examination and applied to...
View ArticleEconomic freedom: Nigeria ranked 120th
Nigeria ranks 120 of 177 countries ranked in the 2013 Index of Economic Freedom, according to the latest scores from the Index, published annually by The Wall Street Journal and The Heritage...
View ArticleNigerian church, part of our success – British MP
A Nigerian church in London has won praise from the British Parliament for being “part of the success” of the community, just as she condemned acts scapegoating immigrants in the United Kingdom,...
View ArticleS&P, Nasdaq dip on Apple shares
Wall Street stocks slipped on Monday, weighed down by shares of Apple in the face of demand concerns, while investors faced a busy week for earnings in what is expected to be a lackluster quarter....
View ArticleCBN, economists disagree over monetary policies
The Central Bank of Nigeria and some renowned economists on Monday disagreed over the monetary instruments being used by the authority to manage the economy. While the CBN maintained the economy was on...
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