ABUJA, Nov. 23 (Xinhua) — Nigerian President Muhammadu Buhari on Wednesday launched the re-designed local banknotes to control the supply of the Nigerian naira, the local currency of the most populous African country. Speaking during the unveiling of the locally-produced currencies in Abuja, the Nigerian capital, Buhari explained in detail the basis for his approval […]
The fortune of the world’s richest person sees record drop in 2022 as Tesla stock sinks Elon Musk has seen his fortune decline by over $100 billion this year, marking the steepest drop ever recorded on the Bloomberg Billionaires Index. With a net worth of $169.8 billion, Musk remains the world’s richest person, as of […]
BEIJING, Nov. 21 (Xinhua) — China’s foreign exchange market has posted increasing resilience despite fluctuations in global financial markets, the head of the country’s forex regulator said Monday. “Compared with the previous two periods of U.S. dollar appreciation, the renminbi exchange rate has become less sensitive to U.S. dollar index fluctuations since 2021,” Pan Gongsheng, […]
Shares of Palo Alto Networks (PANW 6.97%) popped 7% during the after-hours session on Nov. 17 following its latest quarterly report. For the first quarter of fiscal 2023, which ended on Oct. 31, the cybersecurity company’s revenue rose 25% year over year to $1.56 billion, which beat analysts’ estimates by $10 million. Its adjusted net income […]
New Delhi [India], November 19 (ANI): Union Minister of Ports, Shipping and Waterways and Ayush, Sarbananda Sonowal, reviewed various projects under implementation around the North-east region by Inland Waterways Authority of India (IWAI) at a review meeting held in Silchar, Assam today. He reviewed the progress made on the renovation of existing shore facilities at […]
PM Narendra Modi warned an international forum that cryptocurrencies were being used to fund terrorism India’s Prime Minister Narendra Modi has called for tighter regulation of digital currencies in order to prevent them from being used to finance terrorist groups. Speaking at the No Money for Terror Ministerial Conference on Counter-Terrorism Financing in New Delhi […]
LONDON, Nov. 17 (Xinhua) — Chancellor of the Exchequer Jeremy Hunt of the United Kingdom (UK) on Thursday announced a package of tax hikes and spending cuts worth 55 billion British pounds (65 billion U.S. dollars) in a bid to improve the public finances and restore the country’s economic credibility. In the face of unprecedented […]
Stock market downturns come and go, but the opportunities they present investors can result in gains that last a lifetime. Take Alphabet (GOOG 0.61%) (GOOGL 0.61%) for example. The stock is down more than 35% from its all-time high, yet its business is going through a cycle it has experienced multiple times. Investors need to […]
BEIJING, Nov. 15 (Xinhua) — The Beijing Stock Exchange has operated smoothly and seen improvements in its ability to serve the innovation development of medium-sized and small businesses one year after it began trading, said the bourse. Launched on Nov. 15 last year, the Beijing Stock Exchange now has 123 listed companies and has raised […]
Washington [US], November 14 (ANI): ‘Guardians of the Galaxy’ star Alexis Rodney will soon be seen in ‘The Gentlemen’, Guy Ritchie’s Netflix series inspired by his own 2019 Miramax action comedy. According to The Hollywood Reporter, Theo James (The White Lotus), Giancarlo Esposito (Better Call Saul), Kaya Scodelario (Crawl), Daniel Ings (I Hate Suzie), Joely […]
