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Markets

Investors shun cheap stocks in Nigeria as risks pile up

ABUJA: Nigerian stocks are signalling better returns than less-risky local debt markets, where rates are at the lowest in a decade. Yet investors are shunning the opportunity, wary of a mix of domestic and external threats.

Business

BP’s green energy targets will be tough to meet

LONDON: BP will need to invest tens of billions of dollars over the next decade and may have to accept lower returns than it can get from oil if it is to meet its target of becoming one of the world’s largest renewable power generators.

Business

Dividends in doubt as Aussie profits catch virus

SYDNEY: Australian companies are likely to deliver smaller dividends in what is forecast to be the country’s worst earnings season in a decade because of the coronavirus pandemic, with even firms that benefited from the upheaval expected to show caution.