HSBC will announce staff bonuses totaling just under 2.4 billion pounds ($4 billion) globally for 2013 and is expected to report a significant rise in pretax profit, Sky News reported on its website on Saturday without citing its sources. Referring to an unnamed source close to the bank, Sky also […]
Capital Market
Italy’s Renzi sworn in as prime minister
Italian center-left leader Matteo Renzi took office on Saturday as his country’s youngest prime minister, facing pressure to show immediate results after he forced out his predecessor over the slow pace of economic reforms. The 39-year-old Renzi has named a low-profile list of ministers with a mix of politicians and […]
NSE Index Close’s Week -1.34% down for Second Consecutive Week
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian stock exchange (NSE) all-share index (ASI) closed the week -1.34 percent (-1.34%) down for the second consecutive week. Weekly stock market reports from analyst shows that the NSE ASI depreciated by -1.34% to a 6-1/2 lowto close at 38,295.74 basis points, compared with the depreciation of […]
