Louis Vuitton Unsure Over $16bn Tiffany Takeover
The world’s biggest luxury goods firm, LVMH, has cast doubt over its planned $16bn (£12.5bn) takeover of US-based jeweller Tiffany.…
Year: 2020
Nigeria: Forex Turnover Drops By 28.3% As Naira Depreciates Against The Dollar At I&E Window
The Naira depreciated to N386.33 to a dollar at the Investors and Exporters (I&E) window, as the volatility of the foreign exchange…
German Stimulus Package Hands Families €300 For Each Child
Germany’s coalition government has agreed a €130bn (£114bn) fiscal stimulus package which cuts tax and hands €300 per child to…
Eurozone In Fresh Emergency Action To Boost Economy
The European Central Bank has taken further dramatic measures try to boost the eurozone economies, amid their biggest recession since…
Google Now Highlights Search Results Directly On Webpages
Google is trying to make it easier to find the information you’re looking for on external websites by highlighting relevant…
U.S. Jobless Claims Dip Below 2 Million, Road To Recovery Rocky
Other data on Thursday showed a jump in the trade deficit in April as the pandemic upended the global flow…
China’s Aviation Authority To Allow More Foreign Flights After The U.S. Bans Chinese Carriers
China’s aviation authority said Thursday that it would allow foreign airlines to increase flights between the country and other regions…
GM Plans Electric Van For Business Users In Bid To Pre-Empt Tesla
General Motors Co is developing an electric van aimed at business users, joining a growing list of carmakers planning EVs…
Amazon In Talks To Buy $2 Billion Stake In Indian Telco Bharti Airtel
Amazon.com (AMZN.O) is in early-stage talks to buy a stake worth at least $2 billion in Indian mobile operator Bharti…
Russia Declares State Of Emergency After Massive Oil Spill In The Arctic Circle
President Vladimir Putin has declared a state of emergency in a region within the Arctic Circle in far northern Russia…
The Euro Is On Track For Its Longest Winning Streak Against The Dollar Since 2013
The euro is on course to climb against the dollar for the seventh consecutive day on Wednesday, its longest winning…
Bitcoin Loses $1500 In 3 Mins After Momentarily Rising Above $10,000
Some hours ago, Bitcoin rose above $10,000 for the first time in six weeks in a move that seems to show…
Nigeria’s Tier-1 Banks Earn N18.4 Billion From Account Maintenance Charges In Q1 2020
Nigeria’s tier-1 banks — comprised of First Bank, UBA, GTBank, Access Bank, and Zenith Bank (FUGAZ) — generated a total…
Chauvin And 3 Former Officers Face New Charges Over George Floyd’s Death
Derek Chauvin now faces a charge of second-degree murder in addition to earlier charges, and three other former Minneapolis police…
Australia Heading For Recession After Economy Contracts
Australia is heading for its first recession in nearly three decades after the economy shrunk in the January-March quarter, with…
Oil Prices Rise As Saudi Arabia And Russia Reach Deal on Output Cut
Oil prices rose Wednesday as Saudi Arabia and Russia reportedly reached a deal on output cuts while weekly U.S. supply…
Nigeria’s Economy Is Set To Shrink As Business Activity Tumbles
Nigeria’s economy is likely to contract in the second quarter, according to three gauges of business activity that highlight the…
Walmart Removes Firearms From Sales Floor In Some Stores As Protests Continue Across U.S.
Walmart said it’s removed firearms and ammunition from some of its stores’ sales floors, as protests sparked by the death of…
San Francisco Sees ‘Unprecedented’ Drop In Rent Prices
After years of people bemoaning the state of San Francisco, a city stifled by skyrocketing rent prices and overrun by…
Apple’s 2021 iPad Pros Could Have 5G
Apple’s 2021 iPad Pros could have 5G, thanks to Qualcomm’s Snapdragon X55 5G modem, according to Apple leaker L0vetodream on…
Snap Says it Will No Longer Promote Trump’s Content Within Snapchat
Snap announced Wednesday it will no longer promote President Trump’s content within Snapchat’s Discover feature. Snap shares were down more than…
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…
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…