World China Says Pursuit Of China Compensation Is A ‘Daydream’ May 24, 2020 Ekemini The United States should stop wasting time in its fight against the coronavirus and work with China to combat it, rather than spreading lies and attacking the country, the Chinese…
World Musk’s Rockets To Carry NASA Astronauts To International Space Station Wednesday For First Time May 24, 2020 Ekemini It all started with the dream of growing a rose on Mars. That vision, Elon Musk’s vision, morphed into a shake-up of the old space industry, and a fleet of…
World Entire Western Australia Coast To Be Battered By ‘Once-In-A-Decade’ Storm May 24, 2020 Ekemini A massive “once-in-a-decade” storm is expected to hit Australia’s entire west coast on Sunday and Monday, bringing potentially dangerous conditions and prompting authorities to place defence force units on standby.…
World China Said It Could Have Set GDP Growth Around 6% Had There Been No Coronavirus May 24, 2020 Ekemini Chinese President Xi Jinping said China’s annual economic growth target could have been set around 6% had the new coronavirus epidemic not happened, according to state media reports on Saturday.…
World Coronavirus Patients Treated With Trump-Touted Hydroxychloroquine At Higher Risk Of Death, Study Says May 24, 2020 Ekemini Hospitalized Covid-19 patients treated with hydroxychloroquine, the malaria drug President Donald Trump says he’s taking to prevent the coronavirus, had a higher risk of death than those who didn’t take…
World Elon Musk’s Crew Dragon Puts America Back In The Space Race May 24, 2020 Ekemini When American astronauts Bob Behnken and Doug Hurley arrive at the International Space Station this week, they will find an unusual message waiting for them. On the inside of the…
World Spain Tightens Mask Rules For Those Older Than 5 May 24, 2020 Ekemini Wearing masks is being made compulsory in Spain both indoors and out in public if social distancing is not possible. Only children under six and people with health issues are…
World NBA In Talks With Disney About Resuming Season At ESPN Complex In July May 23, 2020 Ekemini The National Basketball Association is engaged in “exploratory conversations” with its media partner Walt Disney about resuming its season suspend by Covid-19, the league said on Saturday. In a statement…
World Brazil Jumps Into No. 2 In Coronavirus Cases, Behind The U.S May 23, 2020 Ekemini Brazil became the world No. 2 hotspot for coronavirus cases on Friday, second only to the United States, after it confirmed that 330,890 people had been infected by the virus,…
Africa Sudan Recovers $4 Billion of Assets From Ex-President Bashir May 23, 2020 Ekemini Sudan has confiscated assets valued at $4 billion from former President Omar al-Bashir, his family members and associates, the country’s anti-corruption body said. “Our initial estimates of the value of…
World Spain Readies For Return Of Football And Tourism May 23, 2020 Ekemini Spain will reopen its borders to tourists in July, and its top football division will kick off again in June, the prime minister has said, marking another phase in the…
World Coronavirus: Anti-Lockdown Car Protest In Spain Draws Thousands May 23, 2020 Ekemini Thousands of people in Spain are protesting against the government’s handling of the coronavirus outbreak. The far-right Vox party urged supporters to drive through major cities without leaving their vehicles…
Local China Scraps Annual Economic Growth Target For First Time May 23, 2020 Ekemini China will not set an economic growth goal for this year as it deals with the fallout from the coronavirus pandemic. It is the first time Beijing has not had…
Local Nigeria: Oil, Gas Revenue Dropped By N425.52bn In Q1 –Minister May 23, 2020 Ekemini The country’s revenue from oil and gas dropped by N425.52bn in the first quarter of 2020 to N940.91bn, Minister of Finance, Budget and National Planning, Zainab Ahmed, said on Friday.…
Business Facebook Employees May Face Pay Cut If They Move To Cheaper Areas To Work From Home May 23, 2020 Ekemini Mark Zuckerberg says he expects about half of Facebook Inc.’s employees to work from home five to 10 years from now, but there’s a catch for those expecting to take…
Business Coronavirus: Jaguar Seeks State Loan As Pandemic Takes Toll May 23, 2020 Ekemini Jaguar Land Rover (TAMO.NS) is in talks with the British government about a request for temporary state funding of more than 1 billion pounds ($1.22 billion), Sky News said on…
Business Alibaba Sees China Retail Volume Growing Near Pre-Pandemic Levels But Stock Falls Amid U.S.-China Tensions May 23, 2020 Ekemini Alibaba Group Holding Ltd. said that volume on its China retail marketplaces was back to growing at near pre-pandemic rates, but its shares dropped about 4% in Friday morning trading…
Business UK To Require Employers To Pay 20-30% Of Furloughed Wage Cost May 23, 2020 Ekemini The United Kingdom has drawn up plans to require employers to cover 20% to 30% of furloughed employees’ wages from August to reduce the vast burden of the coronavirus crisis…
Local UK Court Throws Out Nigeria’s $1bn Bribery Case May 23, 2020 Ekemini An English court threw out a $1.1bn case Nigeria brought against Royal Dutch Shell and Eni relating to a dispute over the purchase of Oil Prospecting Licence 245, a court…
Local Nigeria:Lagos State’s IGR More Than The Combined Total Of 26 Other States May 23, 2020 Ekemini Lagos State has retained its place as Nigeria’s economic capital, generating N398.7bn in 2019 alone. The sum is the equivalent of the combined internally generated revenues by 26 states of…
World Argentina Defaults On Bond Payments As Debt Talks Heat Up May 23, 2020 Ekemini Argentina missed payments on around $500 million in already delayed bond coupons on Friday, creditors and a ratings agency said, marking the country’s ninth sovereign default amid ongoing restructuring talks…
World American Billionaires Got $434 Billion Richer During The Pandemic May 23, 2020 Ekemini America’s billionaires saw their fortunes soar by $434 billion during the U.S. lockdown between mid-March and mid-May, according to a new report. Amazon’s Jeff Bezos and Facebook’s Mark Zuckerberg had…
World U.S. Accuses China Of Blocking U.S. Flights, Demands Action May 23, 2020 Ekemini The U.S. government late on Friday accused the Chinese government of making it impossible for U.S. airlines to resume service to China and ordered four Chinese air carriers to file…
World Brazil Debt To Hit Record 93.5% Of GDP This Year: Economy Ministry May 23, 2020 Ekemini Brazil’s national indebtedness will soar to record levels this year due to the coronavirus crisis, with gross national debt reaching 93.5% of gross domestic product and net debt hitting 67.6%…
Business Hertz Stock Plunges 30% After Report Saying Bankruptcy Filing Is Imminent May 23, 2020 Ekemini Shares of Hertz Global Holdings Inc. HTZ, -7.49% fell more than 30% in the extended session Friday after The Wall Street Journal reported the car-rental company’s bankruptcy could come as…
Business Rental Car Giant Hertz Files For U.S. Bankruptcy Protection May 23, 2020 Ekemini The more than a century old car rental firm Hertz Global Holdings Inc (HTZ.N) filed for bankruptcy protection on Friday after its business was decimated during the coronavirus pandemic and…
World US To Blacklist 33 More Chinese Firms May 23, 2020 Ekemini The United States said on Friday it would add 33 Chinese firms and institutions to an economic blacklist for helping Beijing spy on its minority Uighur population or because of…
World UK Borrowing At Record High As Virus Cost Soars May 22, 2020 Ekemini Government borrowing surged to £62bn in April, the highest monthly figure on record, after heavy spending to ease the coronavirus crisis. It means the deficit – the difference between spending…
Business E.l.f. Beauty Shares Rise After Company Reported Triple-Digit Online Sales Growth May 22, 2020 Ekemini Shares of E.l.f. Beauty surged more than 5% in extended trading Thursday after the cosmetics company said sales rose 13% in the fourth quarter, helped by the strength of its…
Business Alibaba’s Sales Surge As People Shop Online During Lockdown May 22, 2020 Ekemini As people stayed indoors and brick-and-mortar stores remained shut during the health crisis, online orders surged, with the company’s core commerce business rising nearly 19% to 93.87 billion yuan ($13.16…
