The Nigerian equities market began the second quarter on a negative note as the Nigerian Stock Exchange (NSE) All-Share Index (ASI) fell by 0.9 per cent to close at 38,383.05 yesterday.
Updated 6 Years ago

One thing Silicon Valley industry insiders like to knowingly whisper to each other is that Facebook is the new Yahoo. Sunday, we reported a piece of news that indicates this may be true. This winter, Facebook halted the rollout of a beautiful redesign.
Updated 6 Years ago

Global warming is depleting fresh water and crops, destroying coral reefs and melting the Arctic, the United Nationssaid today in a report that concludes the world is ill-prepared to face many new threats. Climate change has brought “key risks” that endanger lives and health worldwide, including storm surges and coastal flooding worsened by rising sea levels; infrastructure destruction and the disruption of power networks, communications and health services by extreme weather, and the depletion of crop production due to droughts and floods, the UN Intergovernmental Panel on Climate Change said.
Updated 6 Years ago

Successfully launching two tech businesses with almost no startup money made it easy for Mike Michalowicz to attract venture capital for his next enterprise, an angel investing company called Obsidian Launch. But in a clear case of "be careful what you wish for," Michalowicz took the money, then saw his new startup flop, victimized by what he says in hindsight was poor decision-making brought on by a lack of urgency.
Updated 6 Years ago

Over the years, I have heard many excuses for people not getting the success they want or believe they deserve from an opportunity. I have been known to use a few myself here and there. It's not that the excuses weren't ever valid. It's just sometimes the excuses come whether or not they are valid. Many people start excusing themselves from incredible opportunities before they have the chance to fully explore the possibilities.
Updated 6 Years ago

At a certain point, we become what we do. We want our jobs and lives to fit us as well as custom-tailored clothing. It seems more and more the secret to great success and happiness is finding purpose and working with meaning.
Updated 6 Years ago

In a year when most American farmers can expect lower earnings than in 2013, U.S. milk producers are having a windfall. Prices have never been higher, feed costs are down, and output is headed for an all-time high as exports surge to buyers fromMexico to China. While the average farm will see a 21 percent drop in net-cashincome, led by declines for corn, wheat and soybeans, dairy farmers will earn 28 percent more at $334,100, the U.S. Department of Agriculture predicts.
Updated 6 Years ago

The Indonesian rupiah led emerging-market currencies higher after Federal Reserve Chair Janet Yellen said U.S. stimulus will continue for “some time.” Asian stocks rose with European index futures as investors weighed manufacturing reports from Japan toRussia. The rupiah strengthened 0.8 percent versus the greenback by 7:09 a.m. in London, while South Korea’s won climbed 0.6 percent and the ruble added 0.2 percent. The MSCI Asia Pacific Index increased 0.2 percent, Euro Stoxx 50 Index futures rose 0.2 percent and contracts on the Standard & Poor’s 500 Index were little changed. Copper fluctuated and palladium dropped 0.9 percent, while gold was little changed. Oil in New York fell 0.2 percent before supplies data.
Updated 6 Years ago

Fears of a bank run in Ukraine are rising, as central bank reserves sink and some 7 percent of bank deposits were lost in just 3 days. Ukraine's reserves currently sit at $15 billion, according to the country's newly appointed central bank governor, Stepan Kubiv. Kubiv said 7 percent of deposits, or 30 billion hryvnias ($3.3 billion), were lost between February 18-20, when the violence in the country reached its zenith and snipers opened fire on protesters.
Updated 6 Years ago

From Tuesday, sales tax will increase from 5% to 8%. It will rise again, to 10%, in October 2015. Prime Minister Shinzo Abe said he would continue to take "necessary action" to address livelihood issues and keep Japan's economy on track.
Updated 6 Years ago