Tag: markets

AFRICAN MUSIC SERVICE MDUNDO AND UNIVERSAL MUSIC GROUP ANNOUNCE LICENSING AGREEMENT FOR KEY AFRICAN MARKETS

Clinton Boyter

Printed: Jul. 8, 2022 at 12:00 AM MST|Up to date: 1 hour in the past

NAIROBI, Kenya, July 8, 2022 /PRNewswire/ — Mdundo.com A/S, considered one of Africa’s main music companies, at the moment introduced that it has reached an settlement with Common Music Group (UMG), the world chief in music-based leisure, to license the service throughout key African territories. By way of this new settlement, UMG’s catalog shall be accessible to Mdundo’s 17 million energetic month-to-month customers throughout Africa.

MDUNDO x UMG Agreement for Africa
MDUNDO x UMG Settlement for Africa(PRNewswire)

Beneath this new licensing settlement, Common

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Mid-Morning Market Replace: Markets Open Larger; US Retail Gross sales Drop In Might

U.S. shares traded larger this morning, with the Dow Jones gaining greater than 300 factors on Wednesday.

The Dow traded up 1.29% to 30,757.67 whereas the NASDAQ rose 1.71% to 11,013.08. The S&P additionally rose, gaining, 1.49% to three,791.08.

Additionally verify this: 3 Shares Underneath $1 Insiders Are Shopping for

Main and Lagging Sectors

Actual property shares jumped by 1.9% on Wednesday. In the meantime, prime gainers within the sector included The Actual Brokerage Inc. (NASDAQ:REAX), up 7% and Offerpad Options Inc. (NYSE:OPAD) up 4%.

In buying and selling on Wednesday, power shares fell by 0.5%.

High Headline

Retail gross

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Stock markets and bitcoin fall amid Ukraine worries and US interest rate rise fears – business live

Clinton Boyter

Good morning, and welcome to our rolling coverage of the world economy, the financial markets, the eurozone and business.

Global stock markets are starting the new week on the back foot, as investors fret about looming interest rate rises and the Ukraine crisis.

Shares have dropped in many Asia-Pacific markets, after Wall Street ended last week with more losses. The S&P 500 fell 1.9% on Friday, as January continues to be one of the worst months for stocks since the pandemic began.

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Markets rebound as US economy records fastest growth since 1984 – business live

Clinton Boyter


U.S. Federal Reserve Chairman Jerome Powell addressing a news conference last night Photograph: US Federal Reserve/Reuters


© Provided by The Guardian
U.S. Federal Reserve Chairman Jerome Powell addressing a news conference last night Photograph: US Federal Reserve/Reuters

Good morning, and welcome to our rolling coverage of the world economy, the financial markets, the eurozone and business.

Global markets are rattled today after the US central bank signalled it is ready to raise interest rates as it battles the highest inflation rate in forty years.

Federal Reserve chair Jerome Powell struck a notably hawkish tone at last night’s press conference, saying officials were minded to raise interest in March, and didn’t rule out an aggressive string of

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