Day: July 4, 2017

Amazon, Apple, Google stock prices go haywire due to data glitch

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A number of Nasdaq-listed tech companies saw their share prices swing in either direction after ‘bad data’ was improperly used by third-parties. A data glitch has set the share prices of a number of Nasdaq-listed companies such as Amazon, Apple, Google, and Microsoft at exactly $123.47 on Monday evening. Amazon saw its share price tumble from an opening price of $972.79 a share, while game developer Zynga experienced a 33-fold hike from an opening price of $3.65. The share prices of companies such as Facebook were unaffected by the glitch,…

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Orange, Vodafone in race for Etisalat Nigeria

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Orange and Vodafone Group are in “strong running” to buy 65 per cent of Etisalat Nigeria following Etisalat’s exit from the troubled operator, according to local sources. According to Brandish, “no fewer than five” companies have expressed interest in Etisalat Nigeria, although the two international telco giants have shown “concrete interest”. The potential hurdle, the report said, was the restructuring of the debt which caused the current uncertainty for the business. The report also said the negotiators for Etisalat Nigeria – including representatives of its bankers and Nigerian regulators –…

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Cultists dispossess 5 policemen of phones, cash in Ughelli

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FIVE unarmed policemen attached to the Ughelli ‘A’ Division Police Station were, Sunday, disposed of their phones and undisclosed amount of money at gunpoint by a gang of suspected cultists at Ughelli, Delta State. The incident is coming just as some hoodlums stabbed to death a 24-year-old man, simply identified as Edirin, at the Ojokor area of Ughelli in what witnesses described as a reprisal attack by suspected cultists, following last Saturday’s killing of a vulcanizer. The death of Edirin is the third in five attacks in the last one…

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Narendra Modi to become first Indian PM to visit Israel

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Narendra Modi will become the first Indian prime minister to visit Israel when he arrives on Tuesday. Mr Modi, who recently said India and the Jewish state share a “deep and centuries-old” connection, is expected to agree military and cyber security deals. Observers note he will not travel to Ramallah or meet Palestinian leaders, as visiting dignitaries often do. The visit is seen by some as a turning point in India’s position on Israel. Here is what the focus will be on over the next three days: Defence deals will be top…

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North Korea Fires Another Missile Amid Rising Tensions With U.S

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SEOUL, South Korea — North Korea launched a ballistic missile on Tuesday, the first such test since President Trump and his South Korean counterpart, Moon Jae-in, agreed to put more pressure on the country to come to the negotiating table. The missile took off from the Banghyon airfield in the northwestern town of Kusong and flew 578 miles before landing in the sea between North Koreaand Japan, the South Korean military said in a statement. Military officials were still analyzing flight data to determine what type of missile had been used. It was the…

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