Oil Jumped Nearly 90% In May, Posting Best Month In History
Oil jumped more than 5% on Friday, the last trading day of the month, capping off its best month in…
Year: 2020
George Floyd Death: Unrest Erupts In US Cities As Protesters Demand Justice
The white former Minneapolis police officer shown in video footage using his knee to pin an unarmed black man’s neck…
Sony Announces PS5 Event For June 4th
Sony is officially confirming its next PlayStation 5 event will be held on Thursday, June 4th. The event will begin…
Google Postpones Android 11 Unveiling Amid U.S. Protests
Alphabet Inc’s (GOOGL.O) Google on Saturday said it has postponed next week’s planned unveiling of the beta version of its…
Twitter, Reddit, Internet Group Object To US Rules Requiring Visitors To Disclose Social Media User Info
Twitter Inc, Reddit and a group representing major internet firms backed two documentary film groups that have challenged the Trump…
Disney To Open Florida Parks By July 11
Florida officials have approved plans for a phased reopening of Walt Disney World (DIS.N) in Orlando starting on July 11,…
European Markets Fall But Still Closes The Month 3% Higher
The pan-European Stoxx 600 provisionally closed down by 1.6%, but the index was still up over 3% since the start of…
Federer Tops Lists Of Highest-Paid Athletes In The World
Roger Federer topped the 2020 Forbes magazine list of highest-paid global athletes announced Friday, leading the lineup for the first…
NBA To Resume Season On July 31
The National Basketball Association has targeted July 31 as its date to resume games, a league source has confirmed to…
Monkeys Steal Coronavirus Blood Samples In India
A troop of monkeys in India attacked a medical official and snatched away blood samples of patients who had tested…
Trump Says The U.S. Will Cut Ties With World Health Organization
President Donald Trump announced Friday that the United States will cut ties with the World Health Organization. “China has total…
Kylie Jenner Is No Longer A Billionaire – Forbes
Earlier this year, Kylie Jenner sold half of her cosmetics company in one of the greatest celebrity cash outs of…
New York City Expected To Reopen On June 8
New York City is “on track” to enter phase one of reopening on June 8, New York Governor Cuomo said…
SpaceX Prototype Starship Rocket Explodes After Test In Texas
A fourth prototype of SpaceX’s next-generation Starship rocket exploded Friday after a test at the company’s development facility in Texas.…
US Unemployment Claims Fall For Eighth Week Straight
The number of Americans seeking jobless benefits fell for an eighth straight week last week, likely as some people returned…
MTN Nigeria Opens Offer Of N100b Commercial Paper Issuance
MTN Nigeria Communications Plc has started its Commercial Paper (CP) Issuance, series 1 & 2 of N50 billion each, under…
Is This The End Of Hong Kong As Global Financial Centre
The United States could be close to terminating its special economic and trading relationship with Hong Kong. Experts say losing…
South Africa’s Credit Growth Slows To 7.37% Year On Year In April
Growth in private sector credit in South Africa in April slowed to 7.37% year on year from a revised 7.75%…
Nigeria: Oil Revenue May Drop Further To 25% Of Budget’
With Nigeria’s revenue from oil and gas dropping by N425.52billion in the first quarter (Q1) of 2020 to N940.91billion, according…
Vanishing Jobs For The Young Could Create A ‘Lock-Down Generation’
Bashar Ali Naim used to work in a perfume and accessories store in Baghdad, earning $480 per week on average.…
Another 2.1 Million Americans File Jobless Claims
First-time claims for unemployment benefits totaled 2.1 million last week, the lowest total since the coronavirus crisis began though indicative…
U.S. Major Airlines Roll Out More Options To Avoid Staff Layoffs
The top three U.S. airlines, hit hard by the coronavirus pandemic, are rolling out fresh programs to induce tens of…
Donald Trump Signs Executive Order Targeting Social Media Companies
President Donald Trump signed an executive order on Thursday targeting tech companies like Facebook, Twitter, and Google and the pivotal…
Coronavirus: Nordstrom Quarterly Sales Fall Nearly 40%
Upscale department store chain Nordstrom Inc (JWN.N) on Thursday reported a nearly 40% slump in quarterly sales, as lockdowns to…
Elon Musk Earns first Performance-Based Payout From Tesla, Worth More Than $700 Million
Tesla confirmed that CEO Elon Musk earned the first tranche of his massive incentive payout, in a document filed with the…
Nigeria: Only Four Or Five Airports May Be Opened For Domestic Flights Ncaa
Director-General, Nigerian Civil Aviation Authority, NCAA, Captain Musa Nuhu yesterday said only four or five Airports may be opened for…
Cuomo Will Let New York Businesses Deny Customers Without Masks
New York Gov. Andrew Cuomo said in a Thursday press conference that he will sign an executive order allowing businesses…
Zuckerberg Bashes Twitter, Says Facebook Won’t Be An ‘Arbiter Of Truth’
Two years after admitting under political pressure that Facebook must do more to prevent disinformation campaigns on its platform, founder…
Renault Set To Announce 15,000 Layoffs Worldwide
French carmaker Renault is poised to announce 15,000 layoffs worldwide on Friday as it unveils a plan to boost its…
Dubai To Lift Restrictions On Gyms, Movie Theaters And Other Non-Essential Businesses
The Dubai government announced new measures to lift restrictions on businesses, allowing gyms, movie theaters, leisure venues, educational and training…