Real Time Financial News Website
“This isn’t a game, it is very serious,” Housing Secretary Robert Jenrick told Sky News when asked if the government was considering a fuller lockdown to tackle the pandemic. “If people don’t follow that advice then clearly we’ll have to consider other options, but none of us want to go down that route.”
The country has escalated measures to curb the spread of the virus, including banning travel to and from various countries and limiting gatherings to no more than 100 people, as the number of infections rises. The restrictions are expected to dampen the country’s already dire economic outlook, with the Reserve Bank saying the country is likely to contract 0.2% this year, after slipping into a recession at the end of 2019.
Bitcoin’s technicals are in rough shape after its spectacular tumble last week and a recovery might take months, according to Fundstrat Global Advisors LLC.
Airbnb Inc.’s board met this week to consider a wide range of options in response to the current economic crisis,…
Nigeria reported two cases of chloroquine poisoning after U.S. President Donald Trump praised the anti-malaria drug as a treatment for…
Spanish Prime Minister Pedro Sanchez has been in meetings with health and security officials on Sunday morning, as Spaniards prepare…
Tunisia is allocating 2.5 billion dinars ($850 million) to combat the economic and social effects of the coronavirus health crisis,…
THE Central Bank of Nigeria (CBN) reportedly fined major banks and bureau de change operators hundreds of millions for committing…
Goldman Sachs Group Inc poured more than $1 billion into two of its prime money-market portfolios this week due to…
Osun State Government has announced the suspension of activities at the Olumirin Waterfalls at Erinjesa following the outbreak of…
Mega international airlines based in the United States, Europe, Middle East and other parts of the world have suspended flights…
The U.S. Food and Drug Administration has approved the first rapid coronavirus diagnostic test, with a detection time of about…
The Federal Aviation Administration (FAA) temporarily halted flights arriving at New York City airports and Philadelphia on Saturday after a…
Governments around the world have announced massive amounts of fiscal stimulusthis week, aiming to limit the severity of a sharp…
Two Republican U.S. senators defended themselves on Friday against heavy criticism, including calls that they resign, for selling large amounts…
Lagos State Government on Saturday announced a reduction in the number of people allowed in public gatherings to prevent further…
An Amazon spokesman said the company made the decision due to a spike in orders and the need to respect…
Alphabet Inc’, Google’s parent company said on Saturday it launched a new United States-focused website with information about coronavirus…
Americans are starting to lose their jobs in response to the coronavirus pandemic, and economists expect it’s only going…
The recent plunge in oil prices has put the financially ravaged U.S. shale industry in the spotlight over the past…
The UK government said Friday that it will subsidize the wages of any worker facing unemployment because of the coronavirus…
The Trump administration plans to send a special energy envoy to Saudi Arabia to work with the kingdom on stabilizing…
Soldiers were being drafted in to help enforce the lockdown in Italy on Friday as officials announced 627 new deaths,…
Germany is readying an emergency budget worth more than 150 billion euros ($160 billion) to shore up jobs and businesses…
The White House expects the impact of economic stimulus to counter the effects of coronavirus to be more than $2…
Two British bankers were handed suspended jail sentences on Wednesday and one told to pay a 14 million euro penalty…
Two British bankers were handed suspended jail terms on Wednesday and one a 14 million euro penalty in Germany’s biggest…
U.S. stock valuations are tumbling in the wake of the coronavirus-fueled market rout, but determining when equities are cheap enough…
New Jersey’s governor was expected on Saturday to follow four other states – California, New York, Illinois and Connecticut –…
Amazon.com Inc said on Saturday it is raising overtime pay for associates working in its U.S. warehouses, as the world’s…
