Business Apple, Google Ban Use Of location Tracking In Contact Tracing Apps May 4, 2020 Ekemini Apple Inc and Alphabet Inc’s Google on Monday said they would ban the use of location tracking in apps that use a new contact tracing system the two are building…
Africa Madagascar To Start Trials For Coronavirus Herbal Treatment May 4, 2020 Ekemini Madagascar’s president has said that the country will begin clinical trials for an artemisia-based herbal remedy, which he says can cure coronavirus. There is currently no known cure for the…
Local Nigerians Cautious As Restrictions Eased In Lagos And Abuja May 4, 2020 Ekemini In Nigeria, some businesses have reopened on the first working day after the easing of a lockdown imposed on key urban areas in a bid to restart Africa’s largest economy.…
Business Coronavirus: Firms Rush To Secure New Lockdown Survival Loans May 4, 2020 Ekemini Businesses have raced to secure loans under a new scheme to help smaller firms through the lockdown crisis. The Bounce Back Loans scheme went live on Monday, with Barclays seeing…
Business O2 And Virgin Media In Talks To Merge May 4, 2020 Ekemini Mobile operator O2 may be set to merge with broadband giant Virgin Media to create one of the country’s largest entertainment and telecoms firms. A tie-up between two big players…
World Japan Extends State Of Emergency Until May 31 May 4, 2020 Ekemini Japan’s Prime Minister Shinzo Abe on Monday extended a state of emergency over the coronavirus until the end of May, warning it was too soon to begin relaxing restrictions. But…
Business Dunkin’, Starbucks, Chipotle And Other Restaurant Chains Have Seen Business Shift To Different Times Of Day Due To Coronavirus May 4, 2020 Ekemini Dunkin’ Brands Group Inc.’s quarterly results suffered as customers brewed their own morning coffee at home while locked down due to the COVID-19 pandemic. The coffee-and-donut seller joins a number…
Investing ‘Fortunes Are Going To Be Made’ — Suze Orman Shares Her Advice On Investing Amid The Coronavirus Pandemic May 4, 2020 Ekemini Celebrity financial adviser Suze Orman isn’t for everybody. She once told MarketWatch that “there are people that hate my guts. You don’t even want to know the things they say.”…
Business J. Crew Files For Bankruptcy As Preppy Retailer Succumbs To COVID-19 Fallout May 4, 2020 Ekemini J. Crew Group Inc filed for bankruptcy protection on Monday with a plan to hand over control to lenders, adding to a list of brick-and-mortar retailers pushed to the brink…
World It’s Okay To Laugh Again: Advertisers Prepare For Post-Coronavirus Economy May 4, 2020 Ekemini Sad piano chords, somber shots of empty streets and close-ups of people staring out their windows. So prevalent were coronavirus-themed ads that followed a similar template just a few weeks…
Local Nigeria: FG Retains N125/litre Petrol Price Despite Crude Oil Crash May 4, 2020 Ekemini The Federal Government has failed to review the N123.5 to N125/litre pump price of petrol for the month of May 2020 despite continued crash of crude oil price. The Petroleum…
Local Nigeria: Lagos State Govt Issues Fresh Guidelines On Reopening Markets, Shopping Malls May 3, 2020 Ekemini The Lagos State Government has said markets, where non-food items are sold, will be allowed to open on Mondays, Wednesdays and Fridays. In a statement on its official Twitter handle,…
Local Nigeria: CBN Makes It Mandatory For Commercial Banks To Get Approval Before Laying Off Workers May 3, 2020 Ekemini The Central Bank of Nigeria (CBN) has made it mandatory for Commercial banks in the Country to get approval before laying off workers in the banking sector as a result…
World Wharton: Reopening Will Cause More Deaths May 3, 2020 Ekemini New data from the University of Pennsylvania suggests that relaxing lockdowns across U.S. cities and states could have serious consequences for the country’s battle to contain the coronavirus, which has…
Business Tesla Applies To Become UK Electricity Provider May 3, 2020 Ekemini U.S. electric carmaker Tesla Inc has applied for a licence to supply electricity in the United Kingdom, The Telegraph reported on Saturday. The purpose of the licence from the energy…
World Berkshire Sells Entire Stakes In U.S. Airlines May 3, 2020 Ekemini Berkshire Hathaway Inc (BRKa.N) sold its entire stakes in the four largest U.S. airlines in April, Chairman Warren Buffett said Saturday at the company’s annual meeting, saying “the world has…
Business World Warren Buffett Says The Coronavirus Cannot Stop America, Or Berkshire Hathaway May 3, 2020 Ekemini Billionaire investor Warren Buffett on Saturday said the United States’ capacity to withstand crises provides a silver lining as it combats the coronavirus, even as he acknowledged that the global…
World Closure Of New York Subways Overnight Service May Bring About Bigger Changes May 2, 2020 Ekemini New York City’s subway, the ear-splitting, nerve-jangling system that New Yorkers and tourists alike love to hate, is taking the unprecedented step of halting overnight service in order to clean…
Local Buffett’s Berkshire Posts Nearly $50 Billion Loss As Coronavirus Causes Pain May 2, 2020 Ekemini Warren Buffett’s Berkshire Hathaway Inc is being hit hard by the coronavirus pandemic, posting a record quarterly net loss of nearly $50 billion on Saturday and saying performance is suffering…
World The ‘Tsunami’ Of Airline Job Losses Has Begun In Europe. US Carriers Could Be Next May 2, 2020 Ekemini International airlines are starting the painful process of scaling back their businesses as the prospect of a quick recovery from the coronavirus pandemic fades and carriers prepare for a world…
World Half World’s Worker May See Livelihood Destroyed May 2, 2020 Ekemini Half of the world’s workers are in danger of having their livelihoods destroyed by the coronavirus pandemic, a United Nations agency has warned. The International Labour Organisation’s updated analysis emphasises…
Investing Warren Buffett Is Handling The Coronavirus Crisis Like He Mastered The Great Recession May 2, 2020 Ekemini As the coronavirus crisis unfolds, many are asking: Where is Warren Buffett? They want to hear and see more from America’s most literary and famed investor, noted for both calm…
Business Netflix May Have Edge On Competition As Coronavirus Keeps People Looking For New Shows May 2, 2020 Ekemini While most prominent tech companies are fretting about the effects of the COVID-19 pandemic, Netflix Inc. may become even more important in the daily lives of Americans forced to stay…
Local Nigeria: Fuel Subsidy Will Not Return, FG Assures IMF May 2, 2020 Ekemini The Federal Government has pledged that it will ensure that fuel subsidy, which was recently removed, does not re-emerge. The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed,…
Africa IMF Approves $91 Million Loan To Malawi For COVID-19 Trade Balance Woes May 2, 2020 Ekemini The International Monetary Fund (IMF) has approved a $91 million loan for Malawi to help fund a balance of payments deficit exacerbated by the COVID-19 pandemic, the Fund said in…
World Malls And Retail Stores Are Reopening. But Shoppers May Not Come Back May 1, 2020 Ekemini Some malls and retailers are reopening their doors in states easing coronavirus stay-at-home measures. Now comes the hard part: persuading wary Americans that it’s safe to shop, especially under unusual…
Business Shell Cuts Dividend For First Time Since WWII May 1, 2020 Ekemini Royal Dutch Shell on Thursday cut its dividend for the first time since the 1940s after a first-quarter loss – and warned virus-ravaged oil prices will take time to fully…
Local BREAKING: Nigeria Records 238 New COVID-19 Cases, Total Now 2,170 May 1, 2020 Ekemini Nigeria has recorded 238 new coronavirus cases, bringing the total number of infections in the country to 2,170. The Nigeria Centre for Disease Control announced this via its Twitter handle…
World US FDA Authorizes Emergency Use Of Remdesivir As COVID-19 drug May 1, 2020 Ekemini During a meeting in the Oval Office of the White House with President Donald Trump, Gilead Chief Executive Daniel O’Day called the move an important first step and said the…
Business Rolls-Royce Considering Cutting Up To 15% Of Its Workforce May 1, 2020 Ekemini British aero-engine maker Rolls-Royce Holdings Plc (RR.L) is considering cutting up to 15% of its workforce, a source close to the company told Reuters, with its customers cutting production and…
