Business News

  • BREAKING: Inflation rate jumps to 12.13%, highest in 21 months
    Nigeria's inflation rate has increased from 11.98% recorded in December 2019 to 12.13% in January 2020. This is the highest rate recorded in the country since May 2018, which was 11.61%. According to the NBS report, month on month, inflation rose by ...
  • HSBC to slash investment bank, 35000 jobs in strategy overhaul
    HONG KONG/LONDON (Reuters) - HSBC Holdings PLC (HSBA.L) said on Tuesday it would shed $100 billion in assets, shrink its investment bank and revamp its U.S. and European businesses in a drastic overhaul that will mean 35,000 jobs cut over three ...
  • Anglo American: Kumba Iron Ore FY19 Profit Surges - Quick Facts
    (RTTNews) - Anglo American plc (AAUKY.PK, AAL.L) reported Tuesday that Kumba Iron Ore Limited's fiscal 2019 attributable earnings surged to R16.26 billion from R9.62 billion in the prior year. Attributable earnings per share for the year were R50.73, ...
  • No more free WiFi from Google at 415 Indian railway stations
    Google has announced that they will be pulling down the 'Station' project all over the world. Under this project, the tech giant provided internet to around 415 railway stations in India. While this may seem disheartening for internet users in India, the technology ...

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