S&P 500, Dow Finish Lower In Volatile Trade On Dour Fed Forecasts
The Dow and S&P 500 ended a choppy session lower on Wednesday after the Federal Reserve reassured investors of its…
Year: 2020
HBO Max Temporarily Removes ‘Gone With The Wind,’ Says It Shows ‘Racial Prejudices’
New streaming service HBO Max has removed the epic 1939 movie “Gone With the Wind” from its schedule, saying it…
Nigeria Vows To End Piracy In Gulf Of Guinea
The Federal Government has promised to employ all machinery to eliminate the act of piracy in the Gulf of Guinea.…
Coronavirus: World’s Largest Fashion Group Reports First Loss
The world’s largest fashion group, Inditex, reported its first quarterly loss Wednesday, as it described being “materially impacted” by the coronavirus…
Sudan Committee Seizes Bashir’s Bank Account, Closes FX Bureaus
A Sudanese anti-corruption committee said on Tuesday it had confiscated a bank account belonging to ousted President Omar al-Bashir and…
Reddit Names Y Combinator CEO Michael Seibel As Alexis Ohanian’s Replacement
Reddit has named Y Combinator CEO Michael Seibel to its board of directors. In addition to running the well-known accelerator,…
CrossFit Founder Steps Down As CEO After Criticism Over Floyd Tweet
CrossFit Inc founder Greg Glassman stepped down as chief executive on Tuesday, days after he apologized for his tweet on…
Nigeria Recorded N138.98bn Trade Deficit In Q1 – NBS
Nigeria recorded a trade deficit of N138.98bn in the first quarter of 2020, the National Bureau of Statistics has said.…
Nigeria: FG Suffers N1.01tn Revenue Shortfall Published June 10, 2020
The negative impact of the Coronavirus pandemic has resulted in the Federal Government recording a revenue shortfall of about N1.01tn…
U.S. Navy To Bar Confederate Flags From Ships, Aircraft Bases
The U.S. Navy is working to ban the Confederate battle flag from all public spaces on Navy installations, ships and…
Jack Dorsey says Twitter And Square Will Hon our Juneteenth — June 19 — As A Company Holiday
Jack Dorsey, the CEO of Twitter and Square, tweeted on Tuesday that both companies will honor Juneteenth as a company holiday in the…
Gatwick To Reopen North Terminal And Extend Operating Hours
Gatwick will reopen the North Terminal and increase its operating hours next week as it prepares for more flights to…
How To Schedule Emails In Gmail And Outlook
Think of all the moments when you’ve debated whether you really need to send an emailright now. Maybe you’re afraid…
Asymptomatic Spread Of Coronavirus Is Very Rare – WHO
Coronavirus patients without symptoms aren’t driving the spread of the virus, World Health Organization officials said Monday, casting doubt on…
British Retailers Will Be Allowed To Reopen On June 15
British retailers will be allowed to reopen on June 15, subject to social distancing guidelines, business minister Alok Sharma said…
Amazon, Apple, Facebook And Microsoft Close At All-Time Highs
Amazon, Apple, Facebook and Microsoft closed at new all-time highs Tuesday, a day when the Nasdaq Composite Index hit a new record. Big Tech…
3M Sues Amazon Storefront That Allegedly Sold Fake N95 Masks
The 3M corporation has filed suit against a third-party Amazon seller called KMJ Trading Inc, which allegedly sold more than…
Nigeria: Oil Revenue To Drop By N140b
A dip in the Federal Government’s revenue is in the offing. This is because following the cut in oil production…
Stocks Mixed As Investors Step Back From Highs
A recent run of optimism in markets hit the brakes on Tuesday, as investors pulled back from major stock indices…
Japan, Britain Aim For Swift Trade Deal
Japan and Britain agreed to start talks on an early trade deal, Japan’s foreign ministry said on Tuesday, as Britain…
Nigeria: Currency In Circulation Rises To N2.35tn
Despite lockdown introduced to contain the spread of COVID-19 in the country, huge cash transactions in the economy had continued…
The South African Rand Leads African Currency Resurgence
The South African rand hit an 11-week high on Monday morning following a broad rally in African currencies last week,…
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…
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…