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By Felix Onuah and Ahmed Kingimi | ABUJA/MAIDUGURI, Nigeria ABUJA/MAIDUGURI, Nigeria Boko Haram militants have released 82 schoolgirls out of a group of more than 200 whom they kidnapped from the northeastern town of Chibok three years ago in exchange for prisoners, the presidency said on Saturday. Around 270 girls were kidnapped in April 2014 by the Islamist militant group, which has killed 15,000 people and displaced […]

DUBAI // Social media has changed the face of diplomacy and governments must adapt to their loss of control over information, a US state department official says. Richard Buangan, managing director for international media engagement, said times had changed with the public’s growing access to information and news worldwide. “In diplomacy and media, a conversation can be the most powerful tool we have,” Mr Buangan said. “Conversations […]

A corner of Wall Street has been gripped by the unknown identity of a trader that has been buying up Vix call options priced at 50 cents each, swelling to account for nearly 10 per cent of the listed market. The FT has now reported that bankers with knowledge of the trades say the so-called “50 Cent” – a reference to the American rapper known for his […]

Credit: fdecomite More than 3 million people (three times previous estimates) are estimated to be actively using cryptocurrencies like bitcoin, finds the first global cryptocurrency benchmarking study by the Cambridge Centre for Alternative Finance. While many members of the general public may have heard of “bitcoin”, the first decentralised cryptocurrency launched in 2009, a new report from the Cambridge Centre for Alternative Finance (CCAF) paints a broader […]

The Australian dollar and Norwegian krone are vying for the ignominious title of worst-performing major currency today as commodity prices tumble. Following a stumble in oil prices in Asia on Friday that took Brent crude and West Texas Intermediate to their lowest since November, the krone (pictured above) suffered a sharp fall and surpassed the Aussie dollar as the worst among major currencies. The krone was down […]

One of the EU’s most senior officials has called for a ceasefire in the verbal hostilities over Brexit with Theresa May, warning that looming talks could become “impossible” if calm is not restored. The intervention by Donald Tusk, European Council president, marks a concerted effort to defuse escalating tension between Brussels and London after the UK prime minister accused EU officials of trying to sabotage her election […]

By Michel Rose and Ingrid Melander | PARIS PARIS Far-right candidate Marine Le Pen and centrist Emmanuel Macron clashed over their vision of France’s future, the euro and ways of fighting terrorism in an ill-tempered televised debate on Wednesday before Sunday’s run-off vote for the presidency. The two went into the debate with opinion polls showing Macron, 39, with a strong lead of 20 percentage points over […]

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By Laila Kearney | NEW YORK NEW YORK New York is bracing for President Donald Trump’s first trip back to his hometown since taking office in January in a Thursday visit that is expected to draw protests and snarl traffic in the United States’ most populous city. The trip could mark a repeat of the chaotic 2-1/2 months between the real estate developer’s Nov. 8 election and […]

The NSA announced Friday that they would stop the controversial program which sweeps up all emails and text messages which an American exchanges with someone overseas that makes reference to a real target of NSA surveillance. By way of background, if Russia’s Putin was an NSA target, and an American received an email from a Russian saying “I hate Putin”, then that American could be surveilled by […]

SGX, the Singapore Exchange, is looking to further boost its Chinese derivatives business by offering to collaborate with a planned new local futures venture backed by the founders of one of China’s largest hedge funds. Loh Boon Chye, the bourse’s chief executive, told the Financial Times he was willing to open its clearing infrastructure to the challenger, called Apex, so it could conduct futures trading in the […]

30 April 2017 Amongst the top priorities of the tasks of the Chambers of Commerce is to help its members and affiliates to increase commercial exchanges between their respective countries and to provide useful information that would enable businessmen to explore a potential investment opportunities in our Islamic Countries. As a part of this mandate, and on the sidelines of its 25th Board of Directors and 33rd […]

Luxembourg has shared information with other countries on cases of possible tax evasion in relation to the ‘Panama Papers’, according to Finance Minister Pierre Gramegna. Gramegna, responding to a request from the EU Investigation Committee on Money Laundering, Tax Avoidance and Tax Evasion (PANA), said the exchanges took place partly spontaneously and partly at the request of other countries. The European Parliament’s so-called Panama Committee, the official […]

FRANKFURT Deutsche Bank is expected to name James von Moltke as new finance chief, replacing Marcus Schenck who is taking on a role as co-head of the investment bank, a source close to the matter said on Friday. Deutsche Bank declined to comment. Von Moltke will join Germany’s flagship lender from Citi, where he worked as treasurer from 2015 after earlier looking after the bank’s financial planning […]

Dubai, 26 April, 2017: Mawarid Exchange, a leading exchange company has signed Remittance Agreement with the Land Bank of the Philippines, one of the top government financial institutions in Philippines.  The agreement has been signed by Mr. Mohamed Al Nuaimi, CEO, Mawarid Exchange and Mr. Alex V. Buenaventura, President, Land Bank of the Philippines. According to this agreement, Mawarid Exchange clients shall be able to use the […]

MANILA, Philippines — The Republic of the Philippines and Brunei Darussalam issued a joint statement following the state visit of Prime Minister Hassanal Bolkiah to Manila. Bolkiah is also in the country to attend the 30th Association of Southeast Asian Nations Summit at the Philippine International Convention Center on Saturday. Read the full statement below. 1. At the invitation of the President of the Republic of the Philippines […]

Breitbart News hit a wall Tuesday in its campaign to storm the ramparts of the media establishment when one of the most influential press associations in Washington, D.C. denied its application for credentials to cover Congress because of concerns over the site’s funding, staffing, workspace and independence. The decision by the Standing Committee of Correspondents of the House and Senate Press Gallery — a body chaired by […]

It’s taken the new chief executive of the London Metal Exchange Matthew Chamberlain four years to understand the complexity of the 140-year-old bourse. Now he’s on a mission to simplify it. Days after his appointment was announced by the LME’s parent Hong Kong Exchanges and Clearing the 35-year-old former investment banker has outlined his vision to attract more customers and protect London’s place as the centre of […]

The London Metal Exchange, facing falling trading volumes and tougher competition, plans to ask its members to evaluate wide-ranging reforms that are intensifying a robust internal debate over its future. The 140-year institution is set to outline proposed reforms in the coming weeks, evaluating almost all aspects of its business, including whether it should become more similar to rivals such as the CME Group, the world’s largest […]

Three days ago Arconic’s CEO Klaus Kleinfeld was fired unceremoniously for “showing poor judgment,” in a letter sent to Paul Singer, founder of hedge fund Elliott Management. Elliott has just released the letter and its response which claims Kleinfeld made “veiled suggestions that he might intimidate or extort Mr. Singer” over his behavior at a 2006 soccer match… involving “singing in the rain… in a fountain” and […]

Earlier this month, Harvard Ph.D. Jerome Corsi of InfoWars (@jerome_corsi) and a CPA “who worked for two years for a major U.S. accounting firm as an outside auditor for Freddie Mac,” confirmed a 2012 scheme hatched by the Obama administration to funnel hundreds of billions in dividends from Government Sponsored Enterprises (GSE) Fannie Mae and Freddie Mac to prop up the failing Obamacare program – by paying subsidies to insurers to remain in the system. If you need […]

Wall Street fell on Friday, pulled down by Exxon and JPMorgan Chase as investors wrapped up a strong quarter and weighed whether corporate earnings reports will justify the market’s lofty valuations. Major indexes have hit multiple record highs since the election of President Donald Trump on bets that he would improve economic growth by cutting taxes and boosting infrastructure spending. The rally has also benefited from robust […]

There ends a third and perhaps final attempt to unite the London Stock Exchange Group and Deutsche Börse. Do they remain independent or prizes for rivals? One supposed reason for the deal was that without it both the LSE and Deutsche Börse viewed themselves as takeover targets. Now we are about to see whether that is truly the case. There are only three other global operators with bigger equity […]

Speed was once a ticket to riches in financial markets. Now it’s the bare minimum. Electronic trading groups that made fortunes by being first to pounce on favourable prices are finding it tougher to stay ahead in markets where transactions unfold in billionths of a second. Their costs have risen at the same time that volatility and volumes — essential elements for profitable trading — have ebbed.  As a […]

Malwarebytes Contact centers are a weak link in the enterprise and are often “neglected” and forgotten when it comes to enterprise security investments, analysts claim. The contact center used to be the main channel for customers to connect to businesses. As email, social media, and live chat systems have expanded, there are more options for communication — however, picking up the phone and speaking to an agent […]

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