Markets

Facebook Watch, the company's YouTube competitor, gets released globally

With this announcement, Facebook said more than 50 million people in the U.S. spend at least a minute viewing videos on Watch every month, and that the total time users spend on Watch has increased 14-times since the beginning of the year. [Full Article...]

Nigeria's Q2, 2018 GDP Report: 5 Takeaways

Nigeria's Q2, 2018 GDP Report: 5 Takeaways The non-oil sector performance was however constrained by agriculture that grew by 1.3% compared to 3.00% in q1 2018 and 3.01% in q2 2017. The 2.05 per cent growth rate is higher than the 0.76 per cent growth which the sector recorded in the first quarter of this year. [Full Article...]

Trade cease-fire with Donald Trump boosts German business optimism

Trade cease-fire with Donald Trump boosts German business optimism Fuest attributed the development to a "ceasefire in the global trade conflict", and the lasting strength of the domestic economy in Germany. The Ifo said that while retailers and wholesalers "were a bit less satisfied with their current situation than in the previous month, scepticism about the six-month business outlook declined somewhat". [Full Article...]

Salvini set to meet Orban in Milan - English

Salvini set to meet Orban in Milan - English And this is where Salvini's mission starts: [Italy] must show that migrants can also be stopped at sea", Orban said according to Deutsche Welle. "The important thing for Italy is that it be a zero-sum exchange, which means we're willing to take back in our country the migrants involved in secondary movements as long as the same number of migrants are taken away from our country", Salvini said.... [Full Article...]

Elon Musk Revives Thailand Diver "Pedo" Controversy With New Tweets

Elon Musk Revives Thailand Diver To which Musk replied: "You don't think it's unusual he hasn't sued me?" Musk told Olanoff that he found it unusual that Unsworth has not sued him, adding that Unsworth was even offered "free legal services". Musk sent the machine to the Tham Luang Cave in Chiang Rai, northern Thailand, to help to retrieve 12 boys and their football coach who were trapped deep inside the flooded cave. [Full Article...]

JetBlue Raises Cost of Checked Bags

JetBlue Raises Cost of Checked Bags The airline first started charging a fee for checked bags in 2015. The news comes shortly after major USA airline JetBlue Airways Corp. hiked its fees for checked bags. Approved carry-on bags and one personal item are still free. "To me, it's not reasonable to charge what they do, especially for the people in the north of B.C. [Full Article...]

99.3 per cent of demonetised currency returned to banks: RBI

99.3 per cent of demonetised currency returned to banks: RBI RBI said Rs 15.31 lakh crore of total Rs 15.44 lakh crore of old currency notes had returned to the system after demonetisation in November 2016. There were reports of illegal hoarding of the Rs 2000 bank notes after it was introduced to remonetise the withdrawn Rs 500 and Rs 1000 bank notes from the system. [Full Article...]

Student loan watchdog resigns, slams Trump administration

Student loan watchdog resigns, slams Trump administration The CFPB has reviewed more than 60,000 student loan complaints and returned more than $750 million to aggrieved borrowers since 2011, according to NPR . In a statement to USA media, the CFPB said it "does not comment on specific personnel matters". "Sadly, the damage you have done to the bureau betrays these families and sacrifices the financial futures of millions of Americans in communi... [Full Article...]


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