Nigeria: Lagos Assembly Considers Amendment Of Anti-cultism Law To Include Punishment For Parents Of Cultists
The parents of people found guilty of cultism in Lagos State might be liable for punishment if a bill for…
Year: 2020
Grocery Stores Might Be The Next Big Thing To Move Into Malls
As consumer shopping habits change, America’s shopping malls have anointed many saviors: food halls, movie theaters, gyms. Grocery stores could…
Here’s What Another Round Of Stimulus Checks Will Mean For Your 2021 Taxes
A second round of stimulus checks may be on the way, and the potential payments being discussed in Congress look…
Boeing Order Cancellations Outpace New Sales For Sixth Straight Month As Demand Continues To Fall
Boeing customers canceled plans to buy 43 of the manufacturer’s troubled 737 Max planes in July as scrapped orders outpaced…
European Markets Close Sharply Higher As U.S. Stimulus Hopes Outweigh China Tensions
European stocks closed higher Tuesday, as investor hopes for a U.S. stimulus deal outweighed concerns over heightened U.S.-Sino tensions. The…
Big U.S. Companies Form Group To Boost Hiring Of Minorities In New York
Leaders from major U.S. companies, including banks and tech giants, have formed a group aimed at increasing the hiring of…
Liquidity In China Will Flow To Equities As Beijing Curbs Real Estate Speculation.
“We think the liquidity will likely go to the equity market,” said Zhiwei Zhang, president and chief economist at Pinpoint Asset Management.
Although real estate has been the favored investment choice of the general public, the Chinese government is now cracking down on it to prevent speculation, said Zhang. In July, the city of Shenzhen announced fresh restrictions on home purchases to curb sharp price rises and stamp out speculation.
China Imposes Sanctions On U.S. Lawmakers Over Hong Kong
China imposed sanctions on 11 U.S. citizens including legislators on Monday in response to the U.S. imposition of sanctions on…
Asia Pacific Markets Mostly Up Taking Cues From Wall Street
Asia Pacific markets mostly rose on Tuesday, following gains on Wall Street overnight as investors remain unfazed by China’s retaliatory…
U.S. S&P500 Heads For Record High As Stimulus Bets Lift World Stocks
Futures for the U.S. S&P Global index hit a record high on Tuesday and world stocks rose to new 5-1/2…
Lucid Makes A Run For Tesla With Luxury EV Sedan With A Record 517 Miles Of Range Per Charge
The first all-electric car from Lucid Motors is expected to set a new industry benchmark — and record — with…
Russia Registers First COVID-19 Vaccine, Putin’s Daughter Inoculated
Russia on Tuesday became the first country in the world to officially register a COVID-19 vaccine and declare it ready…
Nigeria: NBA Splits As New Lawyers Association Emerges
A new form for lawyers to register as members of a new lawyers’ association is in public space, signifying the…
Nigeria: APC Condemns Atiku, PDP For Sponsoring Fake News Against Osinbajo
The All Progressives Congress (APC) has condemned former Vice President Atiku Abubakar and his party, the Peoples Democratic Party (PDP)…
Airline Shares Surge As TSA Numbers Hit Pandemic High, Support For Second Bailout Builds
Airline shares Monday headed for their biggest one-day percentage gains in nearly a month after federal data showed air travel…
Fed’s Evans Says Vulnerable Workers Affected By Crisis Face Highly Uncertain Future
The economic crisis caused by the coronavirus pandemic is falling hardest on the most vulnerable workers, and policymakers need to…
Enhanced Unemployment Would Continue At $400 Per Week Under New Trump Executive Order
President Donald Trump signed a series of executive orders Saturday in an effort to bypass congressional negotiations and extend financial…
U.S. Coronavirus Aid Talks Stalled, As Parties Trade Jibes
U.S. congressional leaders and Trump administration officials said on Monday they were ready to resume negotiations on a coronavirus aid…
Stocks Making The Biggest Moves After Hours: Lyft, Uber, Occidental Petroleum And More
Lyft, Uber — Shares of the ride-hailing duo dipped after a San Francisco Superior Court judge ruled that they convert…
Judge Blocks Uber, Lyft From Classifying Drivers As Contractors In California
A California judge on Monday granted the state’s request for a preliminary injunction blocking Uber Technologies Inc (UBER.N) and Lyft…
JPMorgan’s Chief U.S. Equity Strategist Says Investors Should Be Looking To Buy Virus laggards
JPMorgan’s chief U.S. equity strategist said Monday he sees an opportunity for investors to buy stocks that have been significantly…
S&P 500 Ends Up Slightly, Tech-Related Shares Underperform Value
The Dow jumped 1%, the S&P 500 inched up and the Nasdaq closed lower on Monday as investors extended a…
Outgoing New York Times CEO On The Stock’s 400% Run And What Happens There If Donald Trump Loses
A View from the Top is a Q&A series exclusively available on CNBC Pro. Alex Sherman will regularly speak with…
SpaceX Is Manufacturing 120 Starlink Internet Satellites Per Month
SpaceX is manufacturing its Starlink satellites at an unprecedented rate for the space industry, analysts say, as the company dives…
World Stocks Tick Up As China Industrial Data Offsets Trade Woes; Oil Rises
Stocks across the globe were little changed on Monday as upbeat industrial data out of China and hopes for more…
U.S. Loan To Kodak Will Not Proceed Unless Allegations Cleared
The U.S. government will not proceed with a $765 million loan to Eastman Kodak Co (KODK.N) to make drugs at…
Nigeria’s Ballooning Debt: Don’t Panic, China is not the Devil
Many Nigerians are worried about rising debt profile of the nation which settled at ₦28.6 trillion in the first half…
Trump’s Executive Orders Didn’t Include A Second Round Of Stimulus Checks—Here’s Why
President Trump signed four executive orders on Saturday, granting Americans financial relief in a number of areas. However, the actions did…
For Microsoft, TikTok Could Bring Numerous Problems That Have Been Plaguing Facebook And Twitter For Years
If Microsoft were to complete an acquisition of TikTok, it would gain a company with much potential for advertising revenue growth. But…
Oil Jumps Nearly 2% On Chinese Factory Data, U.S. Stimulus Hopes
Oil rose on Monday, supported by an improvement in Chinese factory data, rising energy demand and hopes for an agreement…