Coronavirus Can Still Be Contained in Most of Africa, WHO Says
Much of the African continent still has a chance to contain the coronavirus pandemic, according to the World Health Organization.…
Year: 2020
Coronavirus Pandemic Is Playing To Almost Every One Of Amazon’s Strengths
As the coronavirus pandemic has forced people to stay inside, few companies have proven themselves as essential as Amazon. From…
16.8 Million Americans Have Filed For Unemployment In Past 3 Weeks
A staggering 16.8 million Americans have filed for unemployment benefits in the last three weeks, with weekly new claims topping…
French Court Rules Google Must Pay News Firms For Content
France’s competition authority ruled on Thursday that Google must pay French publishing companies and news agencies for re-using their content.…
You Are Wrong, Uwais, Nigeria’s Minister for Social Investment Lectures National Assembly Leadership On Administration’s Social Investment Programmes
Maryam Uwais, a special adviser to President Buhari on Social Investment Programme has published a long rebuttal to educate the…
Obasanjo, Okonjo-Iweala Demand $44bn Debt Relief For Africa
World leaders, including Olusegun Obasanjo, former president of Nigeria and Ngozi Okonjo-Iweala, former managing director of the World Bank, have…
Southampton Becomes First PL Club To Announce Players Will Defer Salaries
Southampton on Thursday became the first Premier League club to announce their players will defer several months of their salaries…
Coronavirus: Africa Set For First Recession In 25 Years
The Sub-Saharan Africa region will see economic growth reverse and plunge to between -2.1% to as low as -5.1% this…
Nigeria’s Stock Market Extends Gain By N77bn
Nigerian stocks on Wednesday sustained its positive outlook as the overall performance measures, NSE ASI and market capitalisation, rose further…
Tesla’s China Sales Hit Record High In March
Tesla Inc sold 10,160 vehicles in China in March, its highest ever monthly sales in the world’s largest auto market,…
Global Stocks Gain On Hopes Pandemic Is Reaching Peak
Global shares rose on Thursday on hopes the COVID-19 pandemic was nearing a peak and that governments would roll out…
Russia, Saudi To Discuss Oil Output, As U.S Resists Joining
OPEC and Russia meet on Thursday to try to agree to record oil output cuts but their efforts to address…
Power Discos To Offer Customers Two-month Free Electricity in Nigeria
Power distribution companies on Wednesday announced that they were in support of proposal by the National Assembly and the Federal…
Worst Recession In Decades Piles Pressure On EU To Agree New Relief Package
Europe’s top two economies are contracting at their fastest pace in decades, according to forecasts published Wednesday, underscoring the urgent…
French Economy Enters Recession With 6% Drop In First Quarter, Its Worst Since 1945
In its worst performance since 1945, the French economy shrank around six percent in the first quarter of this year…
Coronavirus: France To Extend Virus Lockdown
France is to further extend a lockdown ordered to slow the spread of the coronavirus, with President Emmanuel Macron to…
Nigeria Records 22 New Cases Of Coronavirus
Nigeria has recorded 22 new cases of Coronavirus, 15 in Lagos, four in the Federal Capital Territory, two in Bauchi,…
Coronavirus: Restaurants Are Transforming Into Grocery Stores
About a month ago, Anthony Strong finally opened a dining room for family-style meals in his San Francisco restaurant, Prairie.…
U.S. GDP Will Contract 30% In Second Quarter, 5% In 2020: PIMCO
The forced closure of businesses across the United States and surge in unemployment due to the coronavirus pandemic will force…
Nigeria’s Federal Government Reduces 2020 Budget
The Federal Government has sent new budget proposal to the National Assembly for consideration in view of global economic realities…
GM Gets Contract From U.S Government Worth $489m To Make Ventilators
The United States on Wednesday awarded automaker General Motors Co (GM.N) a contract worth $489.4 million to make ventilators needed…
Tesla To Slash Employee Pay And Furlough Workers
Tesla Inc (TSLA.O) told employees on Tuesday it would furlough all non-essential workers and implement salary cuts during a shut…
1,739 Foreign Nationals Evacuated From Lagos In Two Weeks – FAAN
The Federal Airports Authority of Nigeria on Tuesday said 1,739 foreigners had been evacuated from Nigeria since the closure of…
Honda Reopens Plant in China’s Wuhan With Temperature Checks And Masks
Temperature checkpoints and posters telling workers to keep more than a metre apart at Japanese automaker Honda Motor Co’s reopened…
Global Stocks Turn Negative As Virus Death Toll Mounts
World stocks turned negative on Wednesday as the coronavirus death toll mounted and euro zone finance minister failed to agree…
Oil Holds Near $32 Ahead Of OPEC-led Talks On Output Cuts
Oil steadied near $32 a barrel on Wednesday, supported by hopes that a meeting between OPEC members and allied producers…
7 Of The Most Important Enterprise Tech Trends Amid The Coronavirus Crisis That Could Make Or Break The Stocks Of Tech Giants
7 of the most important enterprise tech trends amid the coronavirus crisis that could make or break the stocks of enterprise tech giants like Microsoft, Oracle, Salesforce, Dell or Intel
‘Big Short’ Michael Burry Has A Bearish Bet And Warns Of A Selling Stampede
‘The Big Short’ investor says passive ‘bubble’ may be ending. Central bank stimulus can’t do much to help, Burry says
Amazon Says It May Fire Workers Who Violate Social Distancing Guidelines
Amazon said it may begin firing employees who “intentionally violate” the company’s social distancing guidelines, despite complaints from workers who…
Sony Unveils Its New PlayStation 5 Controller, The DualSense
Sony revealed more details about its new PlayStation 5 controller on Tuesday and said that it’s starting to ship the…