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Rupee gains 5 paise to 77.52 against U.S. dollar in early trade

The rupee appreciated 5 paise to 77.52 against the U.S. dollar in the opening trade on May 25 as a firm trend in domestic equities boosted investor sentiments. However, surging global crude prices and unabated foreign capital outflows capped the appreciation bias in the local unit, forex traders said. At the interbank foreign exchange, the […]

These U.S. companies are still doing business in Russia

The Starbucks logo and McDonald’s Golden Arches are being dismantled in Russia as the coffee and fast-food chains both withdraw from the country over the war in Ukraine. But Russians are still getting their fill of American fare like burgers and pizza, as Hard Rock Cafe and Sbarro are among the more than two dozen U.S. […]

FIU strengthens international business education with grant renewal from U.S. Department of Education | FIU News

The U.S. Department of Education has renewed Florida International University’s Center for International Business Education and Research (CIBER) grant. Increased to $1.33 million, the grant will have a total impact of nearly $2.7 million with matching funds. The grant is one of just 16 CIBER grants awarded to leading universities across the country this year […]

Trading places: can commodity companies become climate heroes?

The world’s 13 largest commodities traders have pledged to act on deforestation caused by commodities they control. Trading with tens of thousands of farmers around the world, no solution to deforestation is envisageable without them. ESG finance could be one solution to the need to provide transition funding to farmers. Last year, CEOs from the […]

Naira drops by 0.31% to exchange at 420.23 per dollar

Dollar and Naira The Naira on Monday exchanged at 420.23 to the dollar at the Investors and Exporters window, compared to 419.02 traded on Friday, representing 0.31 per cent depreciation. The open indicative rate closed at N418.54 to the dollar on Monday. An exchange rate of N444.00 to the dollar was the highest rate recorded […]