European Markets Close Slightly Higher As Investors Digest U.S. Stimulus Hopes; Banks Rise 2%
European stocks ended the day cautiously higher on Monday, brushing off tensions between the U.S. and china that hit technology…
Year: 2020
McDonald’s Sues Former CEO Easterbrook, Alleges He Lied About Relationships He Had With Workers
Mcdonal’s is trying to recover millions in compensation it paid out to former CEO Steve Easterbrook by suing him for…
Governors Roll Back Hours Instead Of Reopenings As Bars Take Blame For Coronavirus Surge
Desy’s is one of the last bars left standing in Morrisville, North Carolina. Owner Desislava Nikolova made her American dream…
Treasury Yields Fall Slightly As Investors Monitor Stimulus Bill And U.S.-China Tensions
Treasury yields dipped on Monday as investors monitored the state of U.S. stimulus talks and the latest fraying of relations…
‘Vast’ Gap In Funding Needed To Fight The Coronavirus, WHO Warns
The head of the World Health Organization warned Monday of a huge gap in funding to help fight the coronavirus…
Watch This On The S&P 500 For A Signal On When To Get Defensive, Wells Fargo Securities’
Congress at a stimulus stalemate and rising U.S.-China tensions have not stopped the S&P 500 from marching back up to…
Second $1,200 Stimulus Checks Could Be Coming For Many, That Won’t Cover The Rent
Negotiations over the next coronavirus stimulus package on Capitol Hill ended the week in a stalemate. But there’s one form…
Coronavirus Live Updates: Mnuchin Says Relief Deal Could Come This Week; TSA Screenings Return To March Levels
The United States topped five million cases of the coronavirus on Sunday, marking a grim milestone that represents roughly a…
Dow Jumps 250 Points To Start Week Even As White House, Congress Battle Over Coronavirus Relief
The Dow Jones Industrial Average rallied on Monday even amid uncertainty over a new coronavirus stimulus package. The 30-stock Dow…
Passports For Purchase: How The Elite Get Through A Pandemic
For most people, the coronavirus pandemic has meant fewer travel options. Not so for super-rich families who are increasingly using…
Buhari Signs Nigeria’s ‘Most Significant Business Legislation In 30 Years’
President Muhammadu Buhari Friday in Abuja assented to the Companies and Allied Matters Bill, 2020 recently passed by the National…
Nigeria: The Misplaced Loan for Sovereignty Uproar
More attention should be paid to what loans are used for, and if they are judiciously spent, rather than raise…
Oil Spill Threatens Ecological Disaster As Mauritius Declares Emergency
Fuel spilling from a Japanese bulk carrier that ran aground on a reef in Mauritius two weeks ago is creating…
Nigeria: Buhari’s Endorsement Of Ize-Iyamu Is A ‘Dent On Anti-Corruption War’
Chris Nehikhare, a spokesman for the Peoples Democratic Party (PDP) campaign council in Edo state, has described the endorsement of…
Trump Vows To Suspend U.S. Payroll Tax After Coronavirus Aid Talks With Congress Break Down
U.S. President Donald Trump vowed to unilaterally suspend payroll taxes and extend expired coronavirus unemployment benefits after negotiations with congressional…
At Least 16 Dead As Air India Repatriation Flight Crashes On Landing
At least 16 people were killed and dozens injured when an Air India Express passenger plane repatriating Indians stranded by…
Nigeria: Jubilant worshippers return to Lagos mosques
Muslim worshippers attend Friday prayers inside a mosque, after houses of worship reopened in Nigeria’s commercial capital Lagos, amid concerns…
U.S. Intelligence Report On Trump-Biden Election Meddling Reveals Who Russia, China And Iran Want To Win
Russia is trying to “undermine” presumptive Democratic nominee Joe Biden’s candidacy, while China and Iran are against President Donald Trump’s…
Take Me To Court’– Nwaoboshi Tackles NDDC Over N2.5bn Refund Request
Peter Nwaoboshi, chairman of the senate committee on the Niger Delta Development Commission (NDDC), has dismissed a letter by the…
Nigeria: Power Should Move To Southern Nigeria In 2023
The governor of Kaduna State, Nasir El-Rufai, has said that Nigeria’s next president in 2023 should emerge from the southern…
Huawei To Stop Making Flagship Chipsets As U.S. Pressure Bites
Huawei Technologies Co [HWT.UL] will stop making its flagship Kirin chipsets next month, financial magazine Caixin said on Saturday, as…
U.S. Earnings Recovery May Be Faster Than In Previous Crises
U.S. companies’ profit growth forecasts for the next five years are still intact, according to Refinitiv data, suggesting that the…
Trump Threatens Executive Action If No Deal Is Reached In Coronavirus Stimulus Talks
After coronavirus aid talks between Democratic leaders and the Trump administration ground to a halt Friday, President Donald Trump threatened…
Dollar Gains, Stocks Ebb After Labor Report
The dollar bounced off two-year lows and a gauge of global equity markets stopped marching toward a record high on…
Zillow CEO: Real Estate Market Is Beginning ‘Great Reshuffling’ As People Seek More Space At Home
The U.S. real estate market is beginning to show signs of a “great reshuffling,” as people relocate to homes with…
Nigeria: Gov Bala Defends Appointment Of SA On Unmarried Women
Bauchi State Governor Mohammed Bala has defended the appointment of Balaraba Ibrahim as a Special Assistant on unmarried women affairs.…
Buffett Buys Back Record $5.1 Billion In Berkshire Stock As Coronavirus Hits Operating Earnings
Berkshire Hathaway announced on Saturday it bought back a record amount of its own stock during the second quarter as…
Gold’s Record Breaking Rally Sputters On Dollar Bounce-Back
Gold slumped over 2% on Friday, snapping its record-breaking rally, after a decent U.S. jobs report boosted the dollar, but…
Oil Slips On Demand Concerns, But Posts A Gain For The Week
Oil prices fell more than 1% on Friday, limiting their weekly gain due to concerns the global recovery could falter…
Coronavirus Punishes Warren Buffett As Berkshire Hathaway Takes Big Writedown
Berkshire Hathaway Inc on Saturday announced a $9.8 billion writedown for its Precision Castparts aircraft and industrial parts business, as…