World Coronavirus Deaths In The US Tops 100,000 May 27, 2020 Ekemini The United States surpassed 100,000 coronavirus deaths as of Wednesday afternoon, according to NBC News’ count, becoming the first country to reach the grim milestone. The U.S. leads the world…
World 23 U.S. States Sue Trump Administration Over Fuel Efficiency Rollback May 27, 2020 Ekemini A group of 23 U.S. states and the District of Columbia filed a lawsuit on Wednesday challenging a Trump administration decision to weaken Obama-era fuel efficiency standards. In March, the…
Technology Microsoft Has A New App To Help Parents Keep Tabs On Their Kids’ Xbox Time 4 May 27, 2020 Ekemini Microsoft’s Xbox Family Settings App is a new way for parents and guardians to manage how their children spend their gaming time. Available in preview today on Android and iOS,…
Technology SpaceX Delays First Historic Crewed Launch To Space Due To Weather May 27, 2020 Ekemini Just 17 minutes before its planned launch, SpaceX postponed its first crewed flight to space on Wednesday afternoon due to bad weather over the launch site in Florida. The two…
Business Tesla Cuts Car Prices By Up To $5,000 May 27, 2020 Ekemini Tesla has reduced the price of the Model 3, Model S, and Model X in North America, Electrek reports. The Model S and X both saw $5,000 price cuts to…
Investing Stocks Push Higher On Wednesday As Investors Shrug Off Dismal Economic Data May 27, 2020 Ekemini Stocks rose Wednesday and pushed passed earlier concerns over increasingly tense U.S.-China relations, which had sent the S&P 500 and Nasdaq into negative territory earlier in the session. Secretary of…
Local Nigeria: FG Mulls School Reopening, Considers Morning, Afternoon Classes May 27, 2020 Ekemini The Federal Government says it is thinking of sectionalising classes for primary, secondary, and tertiary institutions in the country ahead of school reopening amid the coronavirus pandemic. The Minister of…
Business Disney To Start Reopening Its Florida Theme Parks On July 15 May 27, 2020 Ekemini Disney said Wednesday it has proposed a phased reopening of its Florida-based theme parks in July. Walt Disney World’s Magic Kingdom and Animal Kingdom are expected to be the first…
Business Huawei CFO Meng Loses Key Court Fight Against Extradition To United States May 27, 2020 Ekemini Huawei Technologies Co’s Chief Financial Officer Meng Wanzhou was dealt a setback by a Canadian court on Wednesday as she tries to avoid extradition to the United States to face…
Business Coronavirus: Ad Shift From TV To Digital Will Speed Up Even More, Goldman Sachs Say May 27, 2020 Ekemini Ad budgets were already shifting from TV to digital before the coronavirus pandemic, but that’s going to speed up, according to a Europe-focused report by Goldman Sachs. “Overall, we expect…
Business Boeing Planning To Lay Off More Than 6000 Employees This Week May 27, 2020 Ekemini Boeing is planning to lay off more than 6,000 employees this week in an effort to slash costs as the coronavirus pandemiccontinues to devastate the air travel and aerospace industries.…
Business Renault And Nissan Rule Out Merger As They Unveil Survival P lan May 27, 2020 Ekemini Renault (RENA.PA), Nissan Motor Co (7201.T) and Mitsubishi Motors Corp (7211.T) ruled out a merger on Wednesday and doubled down on a plan to cooperate more closely on car production…
World Coronavirus: France Announces €8bn Rescue Plan For Car Industry May 27, 2020 Ekemini The French government has announced an €8bn (£7.1bn) rescue plan for its car industry, which has been severely impacted by the coronavirus pandemic. President Emmanuel Macron’s proposal includes €1bn to…
Business New HBO Streaming Video Service Launches In The US May 27, 2020 Ekemini WarnerMedia’s new online video service, HBO Max, launched United States on Wednesday. The new video service is taking on Netflix, Disney+, Disney’s Hulu, NBCUniversal’s Peacock and other apps that let…
World Trump Threatens To Regulate Social Media Companies After Twitter Warning May 27, 2020 Ekemini U.S. President Donald Trump on Wednesday threatened to regulate or shut down social media companies, one day after Twitter Inc (TWTR.N) for the first time added a warning to some…
Local EU Unveils Plan To Borrow 750 Billion Euros To Aid Economic Recovery May 27, 2020 Ekemini he European Commission has unveiled plans for a 750 billion euro ($826.5 billion) recovery fund as the region faces the worst economic crisis since the 1930s. It will borrow these…
World Coronavirus: Google, Apple Launch Contact-Tracing App May 27, 2020 Ekemini The team developing Switzerland’s coronavirus contact-tracing app says it has become the first to have launched a product incorporating a technology provided by Apple and Google. Members of the Swiss…
World Twitter Tags Trump Tweet With Fact-Checking Warning May 27, 2020 Ekemini A post by US President Donald Trump has been given a fact-check label by Twitter for the first time. Mr Trump tweeted, without providing evidence: “There is NO WAY (ZERO!)…
Local Nigeria: Capital Importation Rises By 54% To $5.85bn In Q1 May 27, 2020 Ekemini The total value of capital importation into the country rose to $5.85 billion in the first quarter of the year (Q1 2020), representing an increase of $2.05 billion when compared…
World Barbershops And Salons To Open In California As State Eases Lockdown May 26, 2020 Ekemini Barbershops and hair salons can re-open with some changes to their operations in parts of California where public health officials call it safe, Governor Gavin Newsom said on Tuesday, as…
World Fitch Downgrades Argentina To Restricted Default After 9th Default On External Debt May 26, 2020 Ekemini Argentina’s ninth default on its external debt is now official after some of its bonds were cut to default status by two rating companies. Fitch Ratings reduced the South American…
Local Nigeria: Kaduna Extends Lockdown By Two Weeks May 26, 2020 Ekemini The Kaduna State Government has extended the lockdown in the state by another two weeks. The two weeks lockdown would start as from June 1st, 2020, according to the Deputy…
World German Consumer Confidence Improves Slightly After COVID-19 Shock May 26, 2020 Ekemini German consumer confidence recovered some of the ground lost due the coronavirus shock but it remains deep in negative territory as Europe’s top economy faces a slow recovery, a survey…
World Saudi Arabia To End COVID-19 Curfew Next Month May 26, 2020 Ekemini Saudi Arabia said Tuesday it will end its nationwide coronavirus curfew from June 21, except in the holy city of Mecca, after more than two months of stringent curbs. Prayers…
Business Warner Music Group Says It Is Now Worth $13.2bn May 26, 2020 Ekemini Warner Music Group (WMG), the record label of Ed Sheeran and Bruno Mars, estimates it is worth up to $13.2bn (£10.7bn), as it prepares to list its shares on the…
World ‘Stay At Home’ Tech Stocks Fall As Some Pandemic Lockdowns End May 26, 2020 Ekemini Stocks that seemed resilient to the Covid-19 pandemic faced pressure Tuesday, as investors rallied around a potential coronavirus vaccine and reopening of the economy. Shares of Netflix, Shopify, Peloton and…
Business French Carmaker Renault To Cut 5,000 Jobs By 2024 May 26, 2020 Ekemini French carmaker Renault (RENA.PA) is about to announce plans to cut 5,000 jobs by 2024 in its drive to save 2 billion euros ($2.20 billion) in costs, according to a…
World White Woman Fired From Job After Calling Cops Over Black Man May 26, 2020 Ekemini Denouncing “racism of any kind,” a global investment firm has fired a white woman after a viral video showed her calling police to say she felt threatened by an African-American…
Business Apple To Reopen About 100 More Stores In The U.S. This Week May 26, 2020 Ekemini Apple plans to open approximately 100 stores in the United States this week, a company representative told CNBC. In total, about 130 out of 271 Apple Stores in the United…
Investing Gold Falls 1% As Recovery Optimism Bolsters Risk Appetite May 26, 2020 Ekemini Gold fell more than 1% on Tuesday as major economies further eased coronavirus-led restrictions, fuelling hopes of economic recovery and bolstering risk appetite. Spot gold slipped 1.1% to $1,710.72 per…
