World Trump Says The U.S. Will Cut Ties With World Health Organization May 29, 2020 Ekemini President Donald Trump announced Friday that the United States will cut ties with the World Health Organization. “China has total control over the World Health Organization despite only paying $40…
Local Kylie Jenner Is No Longer A Billionaire – Forbes May 29, 2020 Ekemini Earlier this year, Kylie Jenner sold half of her cosmetics company in one of the greatest celebrity cash outs of all time. But the deal’s fine print reveals that she…
World New York City Expected To Reopen On June 8 May 29, 2020 Ekemini New York City is “on track” to enter phase one of reopening on June 8, New York Governor Cuomo said on Friday as he announced that five upstate regions will…
World SpaceX Prototype Starship Rocket Explodes After Test In Texas May 29, 2020 Ekemini A fourth prototype of SpaceX’s next-generation Starship rocket exploded Friday after a test at the company’s development facility in Texas. The company was conducting a trial of the rocket’s engine,…
World US Unemployment Claims Fall For Eighth Week Straight May 29, 2020 Ekemini The number of Americans seeking jobless benefits fell for an eighth straight week last week, likely as some people returned to work, but claims remained at astonishingly high levels, suggesting…
Local MTN Nigeria Opens Offer Of N100b Commercial Paper Issuance May 29, 2020 Ekemini MTN Nigeria Communications Plc has started its Commercial Paper (CP) Issuance, series 1 & 2 of N50 billion each, under its N100 billion CP issuance programme. Afrinvest in a note…
World Is This The End Of Hong Kong As Global Financial Centre May 29, 2020 Ekemini The United States could be close to terminating its special economic and trading relationship with Hong Kong. Experts say losing the status won’t cause an immediate exodus of big western…
Africa South Africa’s Credit Growth Slows To 7.37% Year On Year In April May 29, 2020 Ekemini Growth in private sector credit in South Africa in April slowed to 7.37% year on year from a revised 7.75% in March, central bank data showed on Friday. Expansion in…
Local Nigeria: Oil Revenue May Drop Further To 25% Of Budget’ May 29, 2020 Ekemini With Nigeria’s revenue from oil and gas dropping by N425.52billion in the first quarter (Q1) of 2020 to N940.91billion, according to the Minister of Finance, Budget and National Planning, Zainab…
World Vanishing Jobs For The Young Could Create A ‘Lock-Down Generation’ May 28, 2020 Ekemini Bashar Ali Naim used to work in a perfume and accessories store in Baghdad, earning $480 per week on average. About three months ago, the coronavirus outbreak swept into Iraq,…
World Another 2.1 Million Americans File Jobless Claims May 28, 2020 Ekemini First-time claims for unemployment benefits totaled 2.1 million last week, the lowest total since the coronavirus crisis began though indicative that a historically high number of Americans remain separated from…
World U.S. Major Airlines Roll Out More Options To Avoid Staff Layoffs May 28, 2020 Ekemini The top three U.S. airlines, hit hard by the coronavirus pandemic, are rolling out fresh programs to induce tens of thousands of employees to accept voluntary leave or early retirement…
World Donald Trump Signs Executive Order Targeting Social Media Companies May 28, 2020 Ekemini President Donald Trump signed an executive order on Thursday targeting tech companies like Facebook, Twitter, and Google and the pivotal internet law that provides them broad legal immunity over content…
Business Coronavirus: Nordstrom Quarterly Sales Fall Nearly 40% May 28, 2020 Ekemini Upscale department store chain Nordstrom Inc (JWN.N) on Thursday reported a nearly 40% slump in quarterly sales, as lockdowns to contain the COVID-19 pandemic shut stores. Measures to contain the…
World Elon Musk Earns first Performance-Based Payout From Tesla, Worth More Than $700 Million May 28, 2020 Ekemini Tesla confirmed that CEO Elon Musk earned the first tranche of his massive incentive payout, in a document filed with the Securities and Exchange Commission on Thursday. The tranche is…
Local Nigeria: Only Four Or Five Airports May Be Opened For Domestic Flights Ncaa May 28, 2020 Ekemini Director-General, Nigerian Civil Aviation Authority, NCAA, Captain Musa Nuhu yesterday said only four or five Airports may be opened for domestic flight operations when the ban on the flight is…
World Cuomo Will Let New York Businesses Deny Customers Without Masks May 28, 2020 Ekemini New York Gov. Andrew Cuomo said in a Thursday press conference that he will sign an executive order allowing businesses to deny customers who are not wearing masks, contrasting with…
World Zuckerberg Bashes Twitter, Says Facebook Won’t Be An ‘Arbiter Of Truth’ May 28, 2020 Ekemini Two years after admitting under political pressure that Facebook must do more to prevent disinformation campaigns on its platform, founder Mark Zuckerberg told Fox News on Thursday that the company…
Business Renault Set To Announce 15,000 Layoffs Worldwide May 28, 2020 Ekemini French carmaker Renault is poised to announce 15,000 layoffs worldwide on Friday as it unveils a plan to boost its profitability and cope with faltering sales, a representative for the…
World Dubai To Lift Restrictions On Gyms, Movie Theaters And Other Non-Essential Businesses May 28, 2020 Ekemini The Dubai government announced new measures to lift restrictions on businesses, allowing gyms, movie theaters, leisure venues, educational and training institutes, child learning centers and all retail and wholesale establishments…
Technology Google Search Results Will Take ‘Page Experience’ Into Account Next Year May 28, 2020 Ekemini Google will change how its algorithms rank websites in search results, the company announced today. Starting sometime early next year, if your website has a poor “page experience,” it may…
Business Boeing Resumes Production Of Its Troubled 737 Max Airplane May 28, 2020 Ekemini Boeing said it would resume manufacturing the troubled 737 Max airplane after a nearly five-month hiatus. The aerospace company said it would restart production “at a low rate as it…
World Premier League To Restart On June 17 With Manchester City V Arsenal May 28, 2020 Ekemini The Premier League season is set to restart on 17 June with Aston Villa v Sheffield United and Manchester City v Arsenal, the BBC has learned. The matches are the…
Business Abercrombie & Fitch Sales Fall 34%, As Stores Were Forced Shut During Pandemic May 28, 2020 Ekemini Abercrombie & Fitch said Thursday its sales tanked 34% during the first quarter because of store closings during the coronavirus pandemic and people purchasing less apparel as they holed up…
Business Uber Sends Thousands Of Electric Bikes And Scooters To The Scrapheap After Lime Deal May 28, 2020 Ekemini Uber is scrapping thousands of electric bikes and scooters worth millions of dollars after selling its Jump unit to mobility start-up Lime earlier this month. The firm said it decided…
Local Nigeria: Buhari Writes Reps, Seeks Another $5.513bn Loan May 28, 2020 Ekemini President Muhammadu Buhari is seeking approval to borrow another $5.513bn. The letter was read on the floor of the House by the Speaker, Femi Gbajabiamila, at the plenary on Thursday.…
Business Nissan Plans To Slash Costs After First Loss In 11 Years May 28, 2020 Ekemini Nissan Motor Co outlined a new plan on Thursday to become a smaller, more cost-efficient carmaker after the coronavirus pandemic exacerbated a slide in profitability that culminated in its first…
World Trump To ‘Sign Executive Order About Social Media’ May 28, 2020 Ekemini US President Donald Trump will sign an executive order targeting social media firms, the White House has said. It comes after he threatened to shut down social media platforms he…
Business Amazon To Offer Permanent Jobs To 70% of 175,000 New U.S. Hires May 28, 2020 Ekemini Amazon.com Inc (AMZN.O) plans to offer permanent jobs to about 70% of the U.S. workforce it has hired temporarily to meet consumer demand during the coronavirus pandemic, the company told…
World UK Furlough Scheme Now Covers 8.4 Million Workers May 27, 2020 Ekemini Some 8.4 million workers are now covered by the government’s furlough scheme, up from eight million a week earlier, the Treasury has said. Claims for subsidies filed by employers rose…
