UK Furlough Scheme Now Covers 8.4 Million Workers
Some 8.4 million workers are now covered by the government’s furlough scheme, up from eight million a week earlier, the…
Day: May 27, 2020
Coronavirus Deaths In The US Tops 100,000
The United States surpassed 100,000 coronavirus deaths as of Wednesday afternoon, according to NBC News’ count, becoming the first country…
23 U.S. States Sue Trump Administration Over Fuel Efficiency Rollback
A group of 23 U.S. states and the District of Columbia filed a lawsuit on Wednesday challenging a Trump administration…
Microsoft Has A New App To Help Parents Keep Tabs On Their Kids’ Xbox Time 4
Microsoft’s Xbox Family Settings App is a new way for parents and guardians to manage how their children spend their…
SpaceX Delays First Historic Crewed Launch To Space Due To Weather
Just 17 minutes before its planned launch, SpaceX postponed its first crewed flight to space on Wednesday afternoon due to…
Tesla Cuts Car Prices By Up To $5,000
Tesla has reduced the price of the Model 3, Model S, and Model X in North America, Electrek reports. The Model…
Stocks Push Higher On Wednesday As Investors Shrug Off Dismal Economic Data
Stocks rose Wednesday and pushed passed earlier concerns over increasingly tense U.S.-China relations, which had sent the S&P 500 and…
Nigeria: FG Mulls School Reopening, Considers Morning, Afternoon Classes
The Federal Government says it is thinking of sectionalising classes for primary, secondary, and tertiary institutions in the country ahead…
Disney To Start Reopening Its Florida Theme Parks On July 15
Disney said Wednesday it has proposed a phased reopening of its Florida-based theme parks in July. Walt Disney World’s Magic Kingdom…
Huawei CFO Meng Loses Key Court Fight Against Extradition To United States
Huawei Technologies Co’s Chief Financial Officer Meng Wanzhou was dealt a setback by a Canadian court on Wednesday as she…
Coronavirus: Ad Shift From TV To Digital Will Speed Up Even More, Goldman Sachs Say
Ad budgets were already shifting from TV to digital before the coronavirus pandemic, but that’s going to speed up, according…
Boeing Planning To Lay Off More Than 6000 Employees This Week
Boeing is planning to lay off more than 6,000 employees this week in an effort to slash costs as the coronavirus…
Renault And Nissan Rule Out Merger As They Unveil Survival P lan
Renault (RENA.PA), Nissan Motor Co (7201.T) and Mitsubishi Motors Corp (7211.T) ruled out a merger on Wednesday and doubled down…
Coronavirus: France Announces €8bn Rescue Plan For Car Industry
The French government has announced an €8bn (£7.1bn) rescue plan for its car industry, which has been severely impacted by…
New HBO Streaming Video Service Launches In The US
WarnerMedia’s new online video service, HBO Max, launched United States on Wednesday. The new video service is taking on Netflix, Disney+,…
Trump Threatens To Regulate Social Media Companies After Twitter Warning
U.S. President Donald Trump on Wednesday threatened to regulate or shut down social media companies, one day after Twitter Inc…
EU Unveils Plan To Borrow 750 Billion Euros To Aid Economic Recovery
he European Commission has unveiled plans for a 750 billion euro ($826.5 billion) recovery fund as the region faces the…
Coronavirus: Google, Apple Launch Contact-Tracing App
The team developing Switzerland’s coronavirus contact-tracing app says it has become the first to have launched a product incorporating a…
Twitter Tags Trump Tweet With Fact-Checking Warning
A post by US President Donald Trump has been given a fact-check label by Twitter for the first time. Mr…
Nigeria: Capital Importation Rises By 54% To $5.85bn In Q1
The total value of capital importation into the country rose to $5.85 billion in the first quarter of the year…