Global Markets; US Stocks Hit Record as House Approves $1.9 trillion Stimulus Bill
US stocks closed Wednesday's session higher with the Dow Jones Index rising more than 460 index points to reach another record high at the close following the passing ofthe stimulus [...]
Oil Prices Slip Before U.S Inventories EIA Data
Oil pricesfell for a third straight session on Wednesday as investors took profits while looking ahead to U.S. inventories data due later in the day for pointers on where prices [...]
US Markets Trade Higher Ahead of House Vote on $1.9 Stimulus Bill
Wallstreet The US stock market was mixed on Monday's trading session with the Dow Jones rising over 0.97% to hit a record while the Nasdaq 100 fell by nearly 3% [...]Ripple ends MoneyGram Partnership Amid SEC Lawsuit
Ripple, the blockchain payment firm, said on Monday 8th March the it would end its 2 year partnership with MoneyGram International Inc, the money transfer services company. The partnership had [...]PayPal Set to Acquire Cryptocurrency Firm, Curv
US-based online payments system, PayPal Holdings, has announced plans to acquire the cryptocurrency firm Curv, seeking to improve its talent pool for handling digital currencies. Although the company did not [...]Bolt Lands $24 Million from IFC for Expansion
Ride-hailing company, Bolt, has received €20 million ($24 million) from the International Finance Corporation (IFC), a World Bank division. The funding seeks to enable the company to further expand across [...]China's PMI declines to 50.6 in February 2021
China’s Official Manufacturing Purchasing Managers’ Index (PMI), a statistical tool that measures the level of business activity in an economy, declined to 50.6 in February from 51.3 in January 2021. [...]
Visa in Move to Spark Kenyan Fintech Growth Through Visa Everywhere Initiative
Visa has announced the 2021 edition of the Everywhere Initiative. The initiative opens an innovation program that tasks start-ups and fintechs to solve the payment and future commerce challenges and [...]Apple Opens All US Stores for the First Time Since March 2020
Apple has opened all its 270 stores in the United States since the onset of the pandemic in March 2020, when the phone maker closed its retail stores outside China. [...]US Trade Rep Nominee promises to review US-Kenya Trade Deals
US Trade Representative Nominee Katherine Tai has told a US Senate Finance Committee that she will review all trade agreements between the US and Kenya if the US Senate confirms [...]Rolls-Royce Taxis All-Electric Plane, Eyes 480kph World Record for Electric Flights
Rolls-Royce has completed the taxiing of the Spirit of Innovation aircraft, a step toward its plan to set a record for the world's fastest all-electric plane. For the first time, [...]Square Begins Banking Operations via its Subsidiary Square Financial Services
Square Inc announced its entry into banking operations after completing the approval process by the Federal Deposit Insurance Corporation (FDIC) and the Utah Department of Financial Institutions, bringing banking capabilities [...]
