Business Archives - Page 115 of 482

Business

Google, Meta face penalties in Russia over reopening of local offices

PM NEWS Live

4 years ago

Russian legislation signed by President Vladimir Putin has obliged foreign social media companies with more than 500,000 daily users to…

Visa, Mastercard block Russian financial institutions

PM NEWS Live

4 years ago

On Saturday, the U.S., Britain, Europe and Canada announced new sanctions on Russia - including blocking certain lenders' access to…

Government’s support key to boosting e-commerce industry – Jumia Boss

Kazeem Ugbodaga

4 years ago

Anammah, while speaking on the growth of e-commerce in Africa, said government's support is essential to taking e-commerce to the…

Shell, HSBC join exit train out of Russia, rouble collapses

PM NEWS Editor

4 years ago

Russia's economy was already reeling on Monday. The rouble plunged to a record low, while the central bank doubled its…

IPMAN, NUPENG at loggerheads over illegal hike in petrol price

PM NEWS Live

4 years ago

NUPENG issued a 24-hour ultimatum to IPMAN members on Sunday to revert to the official pump price of N165 per…

UPS, FedEx halt shipments to Russia, Ukraine

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4 years ago

Both Atlanta-based UPS and Memphis-headquartered FedEx had said on Feb. 24 that they were suspending services to Ukraine in light…

New York City Comptroller to suggest Russian assets for divestment

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4 years ago

"Russia's aggression in Ukraine merits the swift global action" now beginning to cut off Russian President Vladimir Putin and his…

Norway’s Sovereign Wealth Fund disinvests from Russia

PM NEWS Editor

4 years ago

The Oslo-based fund is the world’s biggest owner of publicly traded companies with a portfolio of about 9,000 stocks.

UK hits Russia’s Central bank

PM NEWS Editor

4 years ago

According to a statement, the move is implemented to prevent the CBR from "deploying its foreign reserves in ways that…

Breaking: BP offloads shares in Russian oil firm Rosneft

PM NEWS Editor

4 years ago

BP Chief Executive Officer Bernard Looney will also be resigning from Rosneft's board of directors as will former BP chief…

Germany moves to curb dependence on Russian gas

PM NEWS Editor

4 years ago

Germany will make good on plans to build two liquefied natural gas (LNG) terminals and up its natural gas reserves…

Nigerians blast Emir Bayero’s cousin over threats to Air Peace

PM NEWS Editor

4 years ago

Nigerians have taken to the social media to blast Emir Aminu Bayero’s cousin who demanded an apology from Air Peace…

Google hits Russian media on platform

PM NEWS Editor

4 years ago

In addition, the Russian media will not be able to buy ads through Google Tools or place ads on Google…

Meta bars Russian state media from running ads

PM NEWS Live

4 years ago

Meta's security policy head, Nathaniel Gleicher, said on Twitter that "We are now prohibiting Russian state media from running ads…

Consensus builds up on kicking Russia out of SWIFT

PM NEWS Editor

4 years ago

Kicking Russia out of SWIFT would hit Russian trade and make it harder for Russian companies to do business.

Canadian liquor stores dump Russian vodka, other products

PM NEWS Editor

4 years ago

Liquor stores in the provinces of Manitoba and Newfoundland said they were removing Russian spirits, while Ontario, Canada's most populous…

Alerzo CEO wins 2021 African Prize for Leadership Excellence

Nimot Sulaimon

4 years ago

According to the organisers of the award ceremony, the prize is meant to celebrate leaders who have positively impacted the…

Seplat buys ExxonMobil’s Nigerian shallow water assets

PM NEWS Live

4 years ago

President, ExxonMobil Upstream Oil and Gas, said the sale would allow the company to prioritise competitively advantaged investments in its…

Russia bans UK planes from airspace in tit for tat

PM NEWS Editor

4 years ago

The agency noted that Moscow had sent a proposal to London to hold consultations regarding flights between between the countries,…

EU, US sanctions ineffective against Russian banks –Central Bank

PM NEWS Editor

4 years ago

"The Bank of Russia is ready to support banks with funds in rubles and foreign currency," the Central bank added.

Biden hits Russia with export restrictions

PM NEWS Editor

4 years ago

The sanction hammers Russia’s access to global exports of everything from commercial electronics and computers to semiconductors and aircraft parts.

TotalEnergies stumbles on huge oil offshore Namibia

PM NEWS Editor

4 years ago

The large discovery was made in the Venus-X1 well, the second recent offshore discovery for the southern African country that…

Nigeria sues JP Morgan Chase for $1.7B claims

PM NEWS Editor

4 years ago

In court, Masefield said Nigeria's case rested on proving two key points: there was a fraud and JP Morgan was…

Easiest Methods of Tracking Your Packages

Ademola Adegbamigbe

4 years ago

Tracking packages is one of the most difficult parts of ordering things long distances. The worry that your package will…

Oil prices surge above $100, stocks plunge as Russia attacks Ukraine

PM NEWS Editor

4 years ago

Global stocks and U.S. bond yields took a dive while the dollar also jumped higher. It was a bad day…

WHO, UNICEF accuse firms of unethical marketing of baby milk formula

PM NEWS Live

4 years ago

According to the study, there are misleading and scientifically unsubstantiated messages used to convince mothers to give babies formula instead…

Russia’s trade flow shifts towards China

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4 years ago

New sanctions could prompt Russia to try to deepen its non-dollar denominated trade ties with Beijing in an effort to…

DiCaprio buys stake in French champagne house Telmont

PM NEWS Editor

4 years ago

DiCaprio's investment follows a trend of luxury brands striking partnership deals with celebrities to broaden their appeal.

Biden’s sanctions on Russian debt may have limited impact

PM NEWS Editor

4 years ago

Ribakova said total foreign ownership of Russian debt was about $64 billion, and Russia’s reserves are in excess of $630…

Senate confirms 5 EDs for Nigerian Petroleum Regulatory Authority

PM NEWS Live

4 years ago

The five Executive Director-nominees were confirmed by the Senate after consideration of the report by the Committee on Petroleum Downstream…

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