Equities continue bearish run: A wrap up of Nigerian markets
15 November 2019 | 8:30 pm
Nigeria's equities market shed 2.4 per cent in the first trading week of the fourth quarter, as the losing streak looks to continue this week. Gbolahan Aina, Head of Investment at Cordros Asset Management joins CNBC Africa for more.
2 Nov 2022
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2 Nov 2022
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20 Dec 2022
The EU's competition watchdog has accused tech giant Meta, which owns Facebook and Instagram, of breaching antitrust rules. An early analysis says the firm distorted competition in the online classified ads business.
26 Dec 2022
DW reporter Sarah Hucal finds out how one of the most authentic Christmas markets in the US, the Chicago Christkindlmarket, compares to its German counterparts.
Well-worn U.S. dollar notes are finding a new home on the streets of Harare, where they are bought at nearly half their value for resale at a profit after mending, as Zimbabweans find creative ways to survive an unrelenting financial onslaught.
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Battery electric vehicles have climbed to a record share of new car sales in the EU, albeit still a modest 12.1%. In the last quarter, alternatively-powered vehicles outsold petrol and diesel for the first time.
The Adani Group conglomerate has seen tens of billions of euros wiped off its market value since a short-seller's report accused it of pulling "the largest con in corporate history" last week. It has now cancelled a €2.2 billion ($2.5 billion) share sale meant to help reduce debt levels. Billionaire founder Gautam Adani maintains that the "fundamentals" of the group are "strong".
France is growing older. However, Europe's record-breaking life expectancy has a downside: in order to pay for its increasingly healthy legion of retirees, the French right wing says there's no other option but to raise the retirement age from 62 to 64.
European markets have calmed down after Credit Suisse secured a lifeline of up to 50 billion Swiss francs from the country's central bank. The crisis is just the latest to hit the embattled lender, which has suffered a string of scandals and management issues. Jitters over the banking sector remain as the European Central Bank decides on the next rate hike.
On March 20, 2003, a US-led coalition invaded Iraq. Years of conflict and insecurity followed, with wide-ranging consequences to this day. In mid-April 2003, as American troops advanced on Baghdad amid the collapse of Saddam Hussein's regime, the Baghdad Museum was looted and tens of thousands of pieces disappeared. Twenty years later, many of these priceless artefacts are still missing and antiquity trafficking remains a serious problem in Iraq. Our correspondent reports.
Three decades after China enshrined the goal of a "socialist market economy" in its constitution, the era of "reform and opening up" appears to have ended, say experts.
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Qatar holds an important position of influence over Hamas, a designated terrorist entity, whose political headquarters it has housed for more than a decade. Some question its legitimacy as mediator in the Israel-Hamas war.
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In Ivory Coast's Assinie, coastal erosion and rogue waves are destroying homes and businesses - a problem that U.N. experts warn is only going to get worse.
6 hours ago
Humanitarian aid workers from Doctors Without Borders, the Red Cross and the IFRC (International Federation of Red Cross and Red Crescent Societies) are the latest victims of the Israel-Hamas disinformation war; their organisations have been accused of supporting either Hamas or Israel in viral videos shared online. We tell you more in this edition of Truth or Fake.
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The number of people killed by floods from heavy rains in Somalia has climbed to 96, state news agency SONNA said on Saturday, as the East Horn of Africa is battered by heavy rains.
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The New York Times looks at Dubai's particularly fragile position in terms of climate change.
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Cristiano Ronaldo is facing a class-action lawsuit in the US due to promoting Binance, the world's largest cryptocurrency exchange. The plaintiffs claim that his endorsement led them to make loss-making investments and are seeking $1bn in damages.
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