Real Time Financial News Website
President Donald Trump will cancel an in-person meeting of G7 leaders at Camp David in June because of the coronavirus and will instead hold a video-conference instead, the White House said on Thursday.
U.S. researchers, following the lead of scientists in other countries, have launched studies to see whether widely-available, low-cost generic drugs…
Amazon.com Inc (AMZN.O) has said it is halting its Prime Pantry delivery service in the United States to restock groceries,…
A wave of layoffs at restaurants, bars and hotels, as efforts to contain the coronavirus pandemic bring much of everyday…
U.S. stocks managed to post gains on Thursday after recent steep losses as policymakers around the world took further emergency…
“We are very fortunate to have a strong cash position with about $10 billion of unrestricted cash as of end…
Tesla Inc (TSLA.O) will suspend production at its California vehicle factory beginning on March 24 to comply with local orders…
According to JPMorgan, the impact of the coronavirus is set to push the world’s poorer countries excluding China into recession…
President Trump said in a Thursday press briefing that chloroquine, a drug used to treat malaria and severe arthritis, was…
The New York Federal Reserve continues to point a firehose of liquidity at clogged-up financial markets. The NY Fed just…
The COVID-19 pandemic will significantly increase global unemployment, leaving up to 25 million more people out of work, and will dramatically slash workers’ incomes, the United Nations said Wednesday.
The Central Bank of Nigeria has announced a 100 billion naira loan support for health laboratories in the country. Central…
The Central Bank of Nigeria on Wednesday announced a N1.1tn intervention fund to support critical sectors of the economy. The…
As Coronavirus pandemic continues to rage and disrupt international economies, the African Energy Chamber (AEC), as well as other analysts,…
The Swiss watch industry has survived lickings before, but Rolex, Omega and Cartier now face a combination of economic punches…
The European Union is urging Netflix and other streaming platforms to stop showing video in high definition to prevent the internet…
Governments and medical officials are scrambling to provide the public with accurate and timely information about the novel coronavirus. But…
To complement the ban on flights from 13 countries, airlines operators yesterday urged the Federal Government to immediately restrict other…
The price of Brent crude, the international benchmark, tumbled on Wednesday to the lowest level in 17 years as global…
The Federation Account Allocation Committee meeting which was convened to consider statutory revenue for the month of February ended in…
The Federal Government on Wednesday announced a slash in the 2020 budget by N1.5tn as part of measures to respond…
he Federal Government has approved the reduction of the pump price of Premium Motor Spirit (PMS). While there are reports…
US Treasury Secretary Steven Mnuchin says he supports sending money directly to Americans as part of a $1tn (£830bn) stimulus…
The pound has fallen to its lowest level against the dollar since 1985, as the spread of the coronavirus pandemic spooks investors.
The European Central Bank (ECB) has launched an emergency €750bn ($820bn; £700bn) package to ease the impact of the coronavirus pandemic.
