BA, Ryanair And EasyJet Launch Fight Over ‘Devastating’ Quarantine Plan
British Airways, Ryanair and EasyJet have filed a formal legal challenge to the government’s quarantine policy. The airlines say the…
Day: June 12, 2020
Bankrupt Hertz Gets Approval To Sell Up To $1 Billion In Stock
The market dislocation wrought by the coronavirus pandemic has a poster child in Hertz Global Holdings Inc. A bankruptcy court…
Tesla Stock Gets Two Downgrades, Falls Below $1,000
Tesla Inc. stock lost some of its luster Friday after Goldman Sachs and Morgan Stanley moved to downgrade the shares,…
AT&T Discussing Sale For Its Warner Bros. Gaming Unit In Deal That Could Fetch About $4 Billion
AT&T Inc (T.N) is discussing a sale of its Warner Bros. Interactive Entertainment gaming division in a deal that could…
Facebook’s Giphy Deal Is Being Probed By The UK’s Competition Watchdog
Facebook’s acquisition of animated picture platform Giphy, reportedly valued at $400 million, is being investigated by the U.K. competition watchdog. The…
Nigeria: 39.4 Million May Be Jobless Before Year End – FG
The Federal Government has raised the fear that except something urgent is done, about 39.4 million Nigerians may be jobless…
California Examines Amazon’s Business Practices
California investigators are examining Amazon.com Inc’s (AMZN.O) business practices as part of an inquiry into the company, the Wall Street…
Coronavirus: Saudi Arabia Considering Canceling Hajj
Saudi Arabia is considering canceling the annual hajj pilgrimage this year because the coronavirus pandemic, the Financial Times reported. The…
UK Economy Contracted By 20.4% In April, The Largest Monthly Fall On Record
The U.K. posted the biggest monthly fall in GDP (gross domestic product) on record in April, according to the Office…
U.S. Manufacturers Struggle To Keep Workers In The Face Of Weak Demand
Cheryl Wellman was able to bring back most of her furloughed workers last month with the help of a special…
For the Record: President Buhari’s 2020 Democracy Day Speech
Fellow Nigerians, 1. The 2020 celebration of Democracy Day marks 21 years of uninterrupted civil administration in our dear country.…
US Lawmakers Asked Zoom To Clarify Its Data-Collections Practices
Three U.S. lawmakers asked Zoom Video Communications Inc (ZM.O) to clarify its data-collection practices and relationship with the Chinese government…
Ukraine President’s Wife Tests Positive For Coronavirus
Olena, the wife of Ukrainian President Volodymyr Zelenskiy, said on Friday she had tested positive for coronavirus but her husband…