Nigeria: Why FG Shifted Resumption Of International Flights By One Week
The Federal Government has shifted the opening date of international flights in the country by a week due to logistics…
Day: August 28, 2020
Pretzel-Maker Utz Readies For Market Debut After Gaining Share During The Pandemic
Utz Quality Foods gained market share as consumers stockpiled its pretzels and potato chips for quarantine snacks at the start…
Preparing For New Normal
Globally, airports are presumed to be the point of contact and spread of the coronavirus pandemic. This is because people…
Qatar Airways Refunds $1.2bn To Customers
Qatar Airways said it has paid out over $1.2 billion in refunds to almost 600,000 passengers since March. This, it…
Nigeria Naira Eases 1.3% After Plans To Sell FX To Currency Operators
The Nigerian naira eased 1.3% against the U.S. dollar on the official market on Friday, a day after the central…
Apple Rejects Facebook App That Tells Users That Apple Takes 30% Cut Of In-App Purchases
Apple rejected one of Facebook’s new app updates, according to Reuters. The app tried to inform users that Apple collects…
MGM Resorts Lays Off 18,000 Previously Furloughed Employees
MGM Resorts International said Friday it is sending separation letters to 18,000 previously furloughed employees throughout the United States, making…
TikTok Interim CEO: We Already Have Synergies With Walmart In E-Commerce
Though many saw Walmart as an unusual potential buyer for TikTok, the social media app’s interim CEO Vanessa Pappas said…
S&P 500′s Stunning Summer Rally Points To Best August Since 1986
It’s been a great August, up 6% for the S&P 500, the best August since 1986. But then again, it…
These Stocks Will Gain The Most When There’s A Vaccine Breakthrough
Stifel analysts have for weeks fielded calls from clients all wondering the same thing: “Which stocks should I own if…
Morgan Stanley Downgrades Penn National And DraftKings After Big Runs For Both Stocks
It’s time for investors to cash in some of their chips on two gambling stocks, according to Morgan Stanley. The…
United Kingdom Moves To Confiscate £117m Properties Linked To Former Delta Governor, Ibori
The United Kingdom has moved to confiscate proceeds of loot in the £117m worth of properties linked to James Ibori,…
Africa’s Richest Man Has Lost Over $100 Million Of His Net Worth In Less Than 2 Months
In less than 2 months, Africa’s richest man, Aliko Dangote has lost more than $100 million of his net worth.…
Banks Eye Layoffs As Short-Term Crisis Ends, Long-Term Costs Emerge
At the height of the coronavirus pandemic last spring, the heads of U.S. banks including Morgan Stanley, Bank of America…
Apple And Tesla Split Their Shares, But Does It Matter?
Shares of Apple Inc (AAPL.O) and Tesla Inc (TSLA.O) will be less costly on Monday as pre-announced stock splits take…