South Korea Leads Gains In Mixed Trading Day For Asia Pacific Stocks
Stocks in Asia Pacific were mixed on Thursday as investors continued to monitor tensions between the U.S. and China. South…
Day: August 6, 2020
Africa Waits As Virus Sets Back ‘Game-Changer’ Trade Pact
Even before the coronavirus pandemic, intra-African trade was set back by border bureaucracy, long delays at frontiers and countless regulations…
Nigerian Govt Extends COVID-19 Lockdown By 4 Weeks
The Nigerian government, on Thursday, extended the second phase of the COVID-19 eased lockdown by another four weeks. This extension…
UK Puts Belgium, Andorra And Bahamas On Quarantine List
The announcement comes after Prime Minister Boris Johnson warned there are “signs of a second wave” of COVID-19 brewing in…
FG Asks Airlines To Get Ready For Resumption Of International Flights
The federal government had banned international flights in March as parts of measures to check the spread of COVID-19. But…
Global Investment Banks To Be Exempted From Turkey’s Lira Limits
Turkish authorities are working on a plan to exempt global investment banks from some restrictions on swapping foreign exchange for…
Bezos sells more than $3 billion in Amazon shares
Amazon CEO Jeff Bezos this week has sold more than $3.1 billion worth of shares in his company, according to…
UK Advises Britons In Nigeria Against Travelling To Kaduna, Other States
THE United Kingdom (UK) has issued a travel advisory to its citizens in Nigeria against travelling to Kaduna and some…
Pound At Five-Month High As Central Bank Strikes A Less Gloomy Note
Sterling strengthened to a new five-month high against the dollar and headed for the $1.32 mark after the Bank of…
ISIS, Al Qaeda Penetrating Northwest, Aiming To Expand Into South, US Warns Nigeria
United States has warned that ISIS and al-Qaida are penetrating Northwest and looking to expand further south into the littoral…
Africa’s Skies Are Badly Polluted
GORéE ISLAND, a former slave-trading hub, is so close to Dakar, Senegal’s capital, that hundreds of amateurs swim out to…
OPEC Braces For Dwindling Demand
The coronavirus crisis may have triggered the long-anticipated tipping point in oil demand and it is focusing minds in the…
Gold Barrels Past $2,000 With Stage Set To Rally Further
Gold advanced to a fresh record beyond $2,000 an ounce as investors assessed increased geopolitical risks and the prospect for…
U.S. SEC fines World Acceptance Corp $21.7 million for Mexican bribes
The U.S. Securities and Exchange Commission announced Thursday that it had fined World Acceptance Corp, a consumer loan company, $21.7…
Trump’s Lender Deutsche Bank Subpoenaed By NYC Prosecutors, Hands Over Documents
Prosecutors in New York have subpoenaed President Donald Trump’s financial records from his longtime lender Deutsche Bank in a criminal…
Bank Of England Governor Says Negative Rates Are ‘In The Toolbox,’ But There Are No Plans To Cut Below Zero
Andrew Bailey, governor of the Bank of England, poses for a photograph on his first day in the post at…
The Ballooning Money Supply May Be The Key To Unlocking Inflation In The U.S.
With the Federal Reserve and Congress pushing stimulus efforts to new heights, some investors are keeping a close eye on…
Trump To Sign Executive Order Requiring U.S. To Buy ‘Essential’ Drugs From American Companies
President Donald Trump will sign an executive order requiring the U.S. government to buy “essential” drugs from American companies, White…
Oil Prices Struggle To Hold Five-Month High Amid Pandemic Worries
Oil prices were unchanged on Thursday, struggling to hold onto five-month highs reached in the previous session, as fuel demand…
Facebook And Twitter Punish Trump Over Video Where He Says Children ‘Almost Immune’ To Covid-19
Facebook on Wednesday removed a a video interview posted on the account of President Donald Trump in which he said…
Older Investors Go For Gold, Younger Ones Bitcoin
The behavior of retail investors during the pandemic varies significantly across age groups, according to JPMorgan Chase & Co. Investors…
Facebook Rejects Request To Release Myanmar Officials’ Data For Genocide Case
Facebook has objected to a request from Gambia, which has accused Myanmar at the World Court of genocide against the…
McConnell And Pelosi Think There Will Be A Coronavirus Relief Deal – But Huge Differences Remain
Senate Majority Leader Mitch McConnell and House Speaker Nancy Pelosi believe Congress will strike a coronavirus relief agreement, but both…
Popeyes Parent’s Revenue Falls 25% Despite Chicken Chain’s Soaring Same-Store Sales
Restaurant Brands International on Thursday reported that its quarterly revenue plunged 25% as the coronavirus pandemic weighed on same-store sales…
U.S. Weekly Jobless Claims Fall, Labor Market Struggling As COVID-19 Epidemic Spreads
The number of Americans seeking jobless benefits fell last week, but a staggering 31.3 million people were receiving unemployment checks…
Manhattan Apartment Deals Plunge 57%, Suburban Real Estate Surges
Apartment contracts in Manhattan fell by more than half in July, while deals in many New York suburbs more than…
The Airport Of The Future Will Have No Check-In Or Security Lines
Navigating the Roman circus of obstacles known as an international airport is likely the one thing travelers aren’t missing during…
Nigeria:Total Loans To Businesses Hit N18.9 Trillion In One Year
Total gross credit for various transactions in Nigeria rose by N3.33 trillion from N15.56 trillion at end-May 2019 to N18.90…
Stranded Nigerian Chess Player Returns Home After Four Months
Nigeria’s number one chess player, Oladapo Adu, is back to his home country after being stuck in Ivory Coast for…