Chanel, Revlon, L’Oreal Moving Away From Using Talc As Cancer Lawsuits Mount
Chanel, Revlon and L’Oreal, three of the biggest brands in cosmetics, are quietly moving away from using talc in some…
Month: June 2020
The EU’s Massive Coronavirus Stimulus Plan Faces Three Crucial Hurdles
The European Commission has proposed a 750-billion euro ($847 billion) stimulus plan to help support the region which has been…
Emirates Lays Off Thousands Of Pilots, Cabin Crew, Plans More Job Cuts
Emirates, one of the world’s biggest long-haul airlines, laid off hundreds of pilots and thousands of cabin crew on Tuesday…
European Markets Dip Despite Nasdaq Hitting Record High
The Nasdaq (^IXIC) hit a new record high on Monday as investors bet on swift economic recovery, with a surge…
Dow Futures Drop 300 Points As Comeback Rally Pauses
Stock futures fell on Tuesday as investors took some money off the table following a relentless comeback rally that pushed…
EU Seeks Tougher Checks On Foreign Firms Using Subsidies To Buy European Firms
The Europe Union wants to introduce more vigorous checks on foreign state-owned or state-backed companies buying European firms to prevent…
Tesla Shares Hit Record Closing Price
Tesla shares hit a record closing price of $949.92 on Monday after opening at $919, partly in response to electric…
Trump Plans To Sign Bill Pressuring China Over Uighur Muslim Crackdown
S. President Donald Trump plans to sign legislation calling for sanctions on Chinese officials responsible for oppressing Uighur Muslims, a…
Few Black Families Will Benefit From The Historic Stock Market Rally
A surging stock market despite a global pandemic and nationwide protests is calling attention to the wealth gap faced by…
George Floyd: British Tear Down Statue Of Slave Trader As Protests Continue Worldwide
People across the U.S. and around the world gathered in major demonstrations on Sunday against racism and police violence, marking…
WHO Head Urges Countries Not To Drop Guard As Pandemic Still Growing
The World Health Organization (WHO) urged countries on Monday to press on with efforts to contain the novel coronavirus, noting…
The U.S. Entered A Recession In February, According To The Official Economic Arbiter
The worst U.S. downturn since the Great Depression is now officially a recession, according to the National Bureau of Economic…
Lawyers for UK’s Prince Andrew Hit Back At U.S. Authorities Over Epstein Inquiry
Lawyers for Britain’s Prince Andrew on Monday hit back at claims that he was not cooperating with U.S. prosecutors investigating…
Oil Rally And Saudi Price Spikes Could Hurt Refiners, Stifling Market Recovery
Oil prices pared gains on Monday, despite the weekend announcement by OPEC and its allies, known as OPEC+, that historic…
S&P 500, Dow Extend Rally On Hopes Of Swift Economic Rebound
Wall Street’s major indexes rose on Monday, building on last week’s sharp gains after a surprisingly upbeat jobs report raised…
Man Drives Car Into Seattle Protests Crowd, Shoots Bystander
A man drove his car into a crowd of protesters in Seattle on Sunday, then shot and wounded a demonstrator…
3 Million Nigerians Expected To Slide Into Poverty
Nigeria’s misery index is set for a spike, with more than three million people joining the population of poor Nigerians,…
Huawei Launches Media Campaign, Says It Is Committed To Provision Of 5G Networks
Huawei is launching a newspaper and internet campaign to mark 20 years of business in the UK. In an open…
New York To Begin Phase 1 Of Reopening Today
New York City, the epicenter of the devastating COVID-19 pandemic in the US, will begin the first phase of reopening…
US Sues Chinese Manufacturer For Exporting Defective, Misbranded N95 Masks
A Chinese mask manufacturer has been charged by the United States (US) Justice Department for exporting around 5 lakh faulty…
UK To Announce Laws To Prevent Foreign Takeovers Posing National Security Risk
British Prime Minister Boris Johnson is preparing to announce tough laws to prevent foreign takeovers that pose risks to national…
Mexico Takes Out $1 Billion Loan From World Bank
Mexico has taken out a $1 billion loan from the World Bank as the effects of the coronavirus begin to…
Emirates to Extend 50% Salary Cuts Until September
Emirates has extended 50% salary cuts until September as the Dubai-based carrier steps up measures to preserve cash, according to…
Democratic U.S. Presidential Candidate Joe Biden To Meet George Floyd’s Family
Democratic U.S. presidential candidate Joe Biden will travel to Houston on Monday and meet with the family of George Floyd,…
Scotland, Northern Ireland Report No New COVID-19 Deaths In Past 24 Hours
Scotland has recorded no deaths of patients who have tested positive for coronavirus in the past 24 hours, Scottish health…
Investors Flock Into Africa Despite Pandemic
Investors are piling into African assets as if the coronavirus pandemic never happened. Even as questions hang over whether governments…
Massive Demonstrations Against Racism Take To Streets In The U.S. And Around The World
People across the U.S. and other parts of the world are gathering in major demonstrations on Sunday against racism and…
China’s Exports And Imports Fall Amid Coronavirus Woes
China’s exports and imports both fell in May as the coronavirus and trade tensions with the U.S. weighed on demand…
AfDB’s Total Commitment To Nigeria Hits $5bn
The African Development Bank has said its active portfolio in Nigeria comprised 61 operations, with a total commitment of about…
Anthony Joshua Attends March, Describes Racism As A “Pandemic”
Heavyweight boxing world champion Anthony Joshua described racism as a “pandemic” while addressing protesters at a Black Lives Matter march…