World Organizers Cancel 2020 New York Auto Show May 22, 2020 Ekemini Organizers said Friday they were canceling the 2020 New York auto show that had previously been pushed back until August, citing the ongoing coronavirus pandemic and the venue’s use as…
World Osaka Becomes World’s Highest-Earning Female Athlete May 22, 2020 Ekemini Japan’s Naomi Osaka has surpassed Serena Williams as the world’s highest-paid female athlete, raking in $37.4 million in prize money and endorsements over the last year, according to Forbes. The…
Local South America Is A ‘New Epicenter’ Of The Coronavirus Pandemic, WHO Says May 22, 2020 Ekemini The epicenter of the global Covid-19 pandemic has shifted to South America as cases in Rio de Janeiro and Sao Paulo explode six months after the new coronavirus emerged on…
Investing Hong Kong Tensions Shocks World Stock Markets, Oil Tumbles May 22, 2020 Ekemini Oil prices tumbled and global equity markets wavered on Friday as China’s move to impose a new security law on Hong Kong further strained U.S.-Sino relations and clouded economic recovery…
World Unemployment Rose In All 50 U.S. States In April May 22, 2020 Ekemini Unemployment rates rose and total employment fell in all 50 U.S. states and the District of Columbia in April as efforts to contain the coronavirus pandemic forced businesses to close…
World Plane Crashes In Pakistan With 99 On Board, Many Feared Dead May 22, 2020 Ekemini A Pakistan International Airlines (PIA) plane with 99 passengers and crew crashed into a residential area of the city of Karachi on Friday, with many feared dead, officials said. Smoke…
Local Nigeria May Go Into Recession – Zainab Ahmed May 21, 2020 Ekemini Zainab Ahmed, Nigeria’s Finance Minister, has said that the country may go into recession due to the slowing down of economic activities as shown in an assessment by the Nigeria…
Investing The Dow Closes Down 102 Points Due Partly To Rising Unemployment In The US May 21, 2020 Ekemini U.S. stocks finished lower Thursday, with investors pointing to elevated tensions between Washington and Beijing and a stream of poor economic data, including another 2.4 million job losses on week,…
Business Zuckerberg Defends Facebook’s Actions On Coronavirus Misinformation May 21, 2020 Ekemini Facebook founder Mark Zuckerberg has told the BBC that it had and would remove any content likely to result in “immediate and imminent harm” to users. “Even if something isn’t…
Business Amazon Trials Online Food Delivery In India May 21, 2020 Ekemini Internet giant Amazon is entering the meal delivery business with a trial in four parts of India’s Bengaluru. The move comes as pandemic lockdowns prompt a surge in online ordering…
Business Coronavirus: EasyJet Passengers Will Be Required To Wear Masks May 21, 2020 Ekemini EasyJet has said it will resume some flights on 15 June, with all passengers and cabin crew told to wear face masks to protect against the coronavirus. The airline announced…
Features Why Time Seems To Be Going Faster While We Are In Lockdown May 21, 2020 Ekemini As parts of the world begin to ease their lockdowns, some people are looking back and finding the time in isolation seems to have gone surprisingly fast. That’s not what…
Africa UK Contributes £20m To Africa’s Anti-COVID-19 Fund May 21, 2020 Ekemini United Kingdom on Thursday said it would be investing up to 20 million Pounds in the African Union’s new ‘Africa anti-COVID-19 fund’ to slow down the spread of coronavirus and…
World Oil at highest Since March Due To Lower U.S. Inventories, Recovering Demand May 21, 2020 Ekemini Global benchmark Brent rose on Thursday to its highest since March, supported by lower U.S. crude inventories, OPEC-led supply cuts and recovering demand as governments ease restrictions imposed on people’s…
World Another 2.438 Million Americans File For Unemployment Benefits May 21, 2020 Ekemini First-time filings for unemployment insurance totaled 2.44 million last week as the tail effects of the coronavirus shutdown continued to impact the U.S. jobs market. Economists surveyed by Dow Jones…
Business Netflix Will Start Automatically Canceling Inactive Accounts May 21, 2020 Ekemini Netflix has started to terminate accounts that people haven’t used the service for a year or more. The company announced that it is notifying customers who haven’t watched anything for…
Business Music Industry To Nearly Double In Value By The End Of The Decade, Goldman Sachs Says May 21, 2020 Ekemini Goldman Sachs expects global music revenues to tumble by up to 25% in 2020, largely due to widespread disruption across all sectors of the industry due to the coronavirus crisis.…
Business How Nigerian Fintech Firm Flutterwave Adapted To Help Small African Businesses During Lockdown May 21, 2020 Ekemini US-Nigerian fintech company Flutterwave has created an e-commerce platform for African companies, becoming the latest start-up to see opportunities in the lockdowns that have been imposed as a result of…
Business Coronavirus: 70% Of Dubai Companies Expects To Go Out Of Business Within Six Months, Survey Finds May 21, 2020 Ekemini DUBAI, United Arab Emirates — A staggering 70% of businesses in Dubai expect to close their doors within the next six months as the coronavirus pandemic and global lockdowns ravage…
Business Macy’s Said It Could Lose Up To $1bn Due To Lockdowns May 21, 2020 Ekemini Macy’s Inc (M.N) said on Thursday it could rack up operating losses of up to $1.11 billion in the first quarter, as the department store operator was forced to shut…
Local Nigeria: Lagos Doctors Call Off Sit-At-Home Strike May 21, 2020 Ekemini Lagos Branch of the Nigerian Medical Association Thursday called off its sit-at-home order over the harassment of health workers by police officers. In a press statement made signed by the…
Business Lufthansa Closes In On $10 Billion State Rescue Deal May 21, 2020 Ekemini Lufthansa said on Thursday a deal would involve the government taking two seats on its supervisory board, but it would only exercise its full voting rights in exceptional circumstances, such…
Investing Shares Lose Footing, Oil Marches On May 21, 2020 Ekemini Equity markets slipped on Thursday on concerns about the long-term impact of the new coronavirus and simmering U.S.-China tensions, though those worries couldn’t stop oil prices from marching to a…
Local Nigeria: FAAN Slashes Workers’ Salaries May 21, 2020 Ekemini The Federal Airports Authority of Nigeria on Tuesday said it might not be able to pay full staff salaries as from May 2020 until there was an improvement in the…
Business Coca-Cola CEO Says Economic Impact Of Coronavirus Lockdowns Is ‘Just Starting To Begin’ May 21, 2020 Ekemini Coca-Cola CEO James Quincey delivered a grim forecast for the global economy’s recovery from the impact of the coronavirus pandemic on Wednesday. “The economic impact of the lockdown is just…
World UAE Introduces New Coronavirus Penalties For Violators May 20, 2020 Ekemini The United Arab Emirates revised penalties for those who violate rules and will implement expanded Covid-19 measures from Wednesday, officials announced on Monday, less than a month after partially relaxing…
World The UK Just Sold Its First Ever Negative-Yielding Government Bond May 20, 2020 Ekemini he U.K. borrowed at a negative interest rate for the first time on Wednesday, amid growing fears of a deep global recession and expectations of further bond-buying action from central…
Local Nigeria: No Forex For Goods With Local Substitutes –Emefiele May 20, 2020 Ekemini The Central Bank Governor, Mr Godwin Emefiele, has said that the CBN will not support the importation of items that can be produced in Nigeria with forex. As Nigeria continued…
Local Venezuela Files Legal Claim In Bid To Force Bank Of England To Hand Over $1 Billion Of Gold May 20, 2020 Ekemini Venezuela has launched legal proceedings to try to force the Bank of England to hand over $1 billion worth of gold, claiming it needs the money to fund an appropriate…
World Lockdowns Lead To Drastic Fall In Carbon Emissions May 20, 2020 Ekemini The coronavirus pandemic and associated lockdowns have resulted in a significant fall in worldwide carbon emissions, according to a new study published in the journal Nature Climate Change. The analysis…
