Word Business Today (4 Dec 2015)

1.The Nigerian naira is expected to weaken in the next week:
The central bank stopped offering dollars to some
foreign exchange traders.

1.Apple Pay is showing signs it could be a flop:
Use of the contactless payment method may actually be decreasing, according to research firm InfoScout.

2.Asian markets down with US, Europe but euro holds gains:
Hong Kong (AFP) – Asian markets tumbled Friday, in line with a global sell-off, while the euro held most of its earlier gains after the European Central Bank’s revised economic stimulus measures came up short.

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3.Stocks tumbled as the ECB’s stimulus failed to match expectations:
The European Central Bank ramped up efforts to stimulate the sluggish eurozone economy, but the measures fell far short of what investors had expected and stocks took a painful tumble.

4.Britain’s Stocks Deepen Selloff as 80% of FTSE 100 Declines:
U.K. shares fell another day, deepening their two-week low.The FTSE 100 Index lost 0.5 percent at 8:37 a.m. in London, taking its weekly loss to 2 percent, its first decline in three weeks.

5.Apple Pay is showing signs it could be a flop:
Use of the contactless payment method may actually be decreasing, according to research firm InfoScout.