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Exclusive: Greece Needs Debt Relief Far Beyond EU Plans – Secret IMF Report

Greece will need debt relief far beyond what euro zone partners have been prepared to consider due to the devastation of its economy and banks in the last two weeks, a confidential study by the International Monetary Fund seen...

FedEx In Talks To Buy 25 Boeing 767 Freighters: Bloomberg

Package delivery company FedEx Corp (FDX.N) is in talks to buy at least 25 more 767 freighters from Boeing Co (BA.N) for about $5 billion, Bloomberg reported, citing people familiar with the matter. Fedex's directors discussed the deal at a...

Apple Pay Launches In Britain, With Hiccups

Apple introduced mobile payments in Britain on Tuesday, hoping to make a splash with consumers familiar with using cards for tap-and-go purchases, as resistance from hold-out banks and stores appeared to evaporate. Starting Tuesday, Apple Pay is set to be...

JPmorgan Profit Beats Estimates As Expenses Fall

JPMorgan Chase & Co (JPM.N), the biggest U.S. bank by assets, reported a stronger-than-expected rise in quarterly profit as legal and restructuring expenses declined. Net income attributable to the bank's common shareholders rose to $5.78 billion, or $1.54 per share...

China’s Tsinghua Prepares $23 Billion Bid For U.S. Chip Maker Micron: Sources

China's state-backed Tsinghua Unigroup Ltd is preparing a $23 billion bid for U.S. memory chip maker Micron Technology Inc (MU.O), in what would be the biggest Chinese takeover of a U.S. company, people familiar with the matter said. The technology...

OPINION: BEFORE BUHARI APPOINTS HIS ADVISERS

It is a standard universal norm that no leader leads without advisers, and time has ascertained that a leader who acts solely on his own judgment is sure to fail. Consultations and taking of advice are therefore composite foundational...

OPINION: OF RADIO BIAFRA AND THE URGENCY OF NOW

It is no more a hidden secret that since the last election that brought in President Muhammadu Buhari to power, discordant tunes have become even louder in some parts of the country. It appears that for every national election...

OPINION: REAPING THE FRUITS OF A PREPARED LEADER

While many states are wallowing in regrets and numerous inexplicable excuses by their governors,  Rivers State is basking in the euphoria of electing a well groomed and prepared governor.  Nyesom Ezenwo Wike,  just like his promoters pledged, has started...

OPINION: THE AGONY OF BULLION VANS ON OUR ROADS

Gone are the days when financial instititions transfer hard currencies from one institution to another almost unnoticed, the seemingly inexorable rise in crime over the years and the fear of the uncertainty has made financial institutions to adopt stringent...

OPINION: JOURNALISM FOR SALE; AS SAHAREPORTERS & APC ARE SET TO UNDERMINE OKOWA’S ADMINISTRATION.

“The ancient Greek Philosopher, Aristotle said that anger and personal abuse are the weakest link to arguments” We were taken aback by an article published by Sahareporters.com of 6th July 2015, titled Okowa Appoints Kill Squad Leader as Principal Secretary,...

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