BNP Paribas had its foreign exchange forwards book with US mutual funds halve during the third quarter of 2024, as Pimco and Vanguard significantly cut their activities with the French…
Year: 2024
Fed’s Key Inflation Gauge Eases to 2.4% in November, Below Expectations
Goods spending was supported by strong demand for motor vehicles and recreational products, while services spending saw notable contributions from financial services, recreation activities, and healthcare. The personal savings rate,…
Bitcoin price today: logs 4th straight loss to $94K as post-election rally fades
Investing.com– Bitcoin fell for the fourth consecutive day on Tuesday as a rally sparked by Donald Trump’s presidential election victory lost steam after the Federal Reserve turned hawkish last week.…
Port Harcourt refinery resumes petrol loading after one-week hiatus
The Port Harcourt Refining Company (PHRC) has resumed trucking out of Premium Motor Spirit (PMS), also known as petrol, after a one-week halt in operations. The refinery had abruptly…