Demand For All Things Stay-At-Home May Be Over – Goldman Sachs
The money-making stay-at-home stock trade of 2020 — fueled entirely by the push of people into quarantines because of the…
Month: June 2020
Trump Administration To bar Chinese Passenger Carriers From Flying To U.S.
President Donald Trump’s administration on Wednesday barred Chinese passenger carriers from flying to the United States starting on June 16…
S.African Airlines Look To Restart Operations, Believes Recovery Could Take Three Years
Two of South Africa’s biggest private airlines will start flying between local airports this month after the government eased lockdown…
Nigeria Will Stand By You, Buhari Tells AfDB President Adesina
President Muhammadu Buhari has assured Dr. Akinwumi Adesina of Nigeria’s support in his bid to seek a second term in…
Tesla Worker Tests Positive For COVID-19 After New York Factory Reopens
A Tesla employee has tested positive for COVID-19 at the company’s solar panel factory in Buffalo, New York, according to…
Sweden ‘Could Have Done Better’ In Tackling Coronavirus Outbreak, Chief Epidemiologist Admits
Sweden’s chief epidemiologist, who advocated a no-lockdown strategy to combat the coronavirus epidemic in the country, is conceding that more…
Hackers And Hucksters Reinvigorate ‘Anonymous’ Brand Amid Protests
The amorphous internet activist movement known as Anonymous staged an online resurgence in the past week on the back of…
Netflix, Disney Join Other Big Brands In Support Of George Floyd Protests On ‘Blackout Tuesday’
Hollywood is voicing its support for the “Black Lives Matter” movement, which manifested itself online Tuesday via a viral social…
House Prices See Largest Monthly Fall For 11 years, Says Nationwide
House prices fell 1.7% in May from the previous month, the largest monthly fall for 11 years, according to the…
Wall Street Advances On Signs Of Economic Rebound
U.S. stocks posted modest gains on Tuesday as market participants looked past widespread social unrest and pandemic worries to focus…
EasyJet Plans To Reopen 75% Of Route Network By August
EasyJet says it hopes to resume flights on 75% of its route network by the end of August, although the…
In Leaked Audio, Zuckerberg Expressed ‘Disgust’ With Trump’s Posts
On Friday afternoon, Facebook made one of its most controversial content moderation decisions in company history. After President Trump posted…
EU, UK Leaders To Meet Later This Month To Resume Brexit Talk
The European Union’s top executive and British Prime Minister Boris Johnson will meet this month for talks that could give…
Nigeria: Senate Passes 2020-2022 MTEF/FSP
The Senate on Tuesday passed the 2020-2022 Medium Term Expenditure Framework and Fiscal Strategy Paper (MTEF/FSP) of the Federal Government.…
Eight U.S. States Cast Ballots On Biggest Voting Day Since Coronavirus Pandemic
Eight states and the District of Columbia are holding primary elections on Tuesday, the biggest test yet of officials’ readiness…
Nigeria: Reps Approve Buhari’s $22.7bn Loan Request
The house of representatives has approved President Muhammadu Buhari’s request to borrow $22.7 billion. The green chamber approved the request at…
Oil rises to $38 as OPEC+ Discusses Production Cut
The Organisation of Petroleum Exporting Countries and its allies led by Russia are moving closer to a compromise on extending…
Qatar Petroleum’s $19 Billion LNG Vessel Order Boon For South Korean Shipbuilders
South Korea’s ailing shipbuilders have been thrown a lifeline in an increasingly tough market with a $19 billion order from…
WHO Says Coronavirus Isn’t Losing Potency: ‘This Is Still A Killer Virus’
The World Health Organization cautioned world leaders Monday about reports that the coronavirus is “losing potency,” saying “this is still…
Parisian Cafes Allowed To Open Outdoor Terraces
The Cafe de Flore in Paris, once a favourite drinking hole of Simone de Beauvoir and Jean-Paul Sartre, spread its…
Global Shares Cruise To Three-Month Highs, Dollar Shows The Strain
World stocks climbed towards three-month highs on Tuesday as the global coronavirus recovery effort won out over U.S.-China tensions and…
Apple Cuts iPhone Prices In China To Keep Momentum Going As Economy Continues To Open
has cut the prices of its latest iPhones in China ahead of a major online shopping festival as it looks…
How SpaceX Is ‘Revolutionizing The Space Industry’
The spectacular launch into orbit of NASA astronauts aboard a SpaceX capsule on Saturday proves what space investors are betting…
U.S., Nigeria Square Up in Tussle Over African Bank Chief
The U.S. and Nigeria are facing off in a dispute over whether allegations against the head of the African Development Bank should be investigated a second time, exposing a fault-line between the West and the continent over the issue.
U.S. Companies Issue Shares At Fastest Rate Ever, Selling The Rally
U.S. public companies sold more than $60 billion (48 billion pounds) in shares in May, the biggest monthly haul ever,…
Nigeria: Naira Gains Against The Dollar, Sells For N441 To The Dollar
The Nigerian currency (the naira) gained against the dollar on Monday by selling at N441 to a dollar at the…
New York City Institutes curfew, Governor Cuomo Calls For Police reforms
New York Governor Andrew Cuomo on Monday called for a national ban on excessive force by police and announced a…
Spain Says No Early Return For UK Tourists
Spain’s tourism minister has cast doubt on the prospect of an early return by UK holidaymakers to Spanish beaches. María…
George Floyd Died Of Asphyxia, Private Post-Mortem Finds
George Floyd, the African-American man whose death has sparked civil unrest, died from asphyxia (lack of oxygen), a private post-mortem…
Microsoft Blocking The Windows 10 May 2020 Update On Many Devices
Microsoft is preventing a large number of devices from updating to the Windows 10 May 2020 Update. While the software…