Coronavirus: Germany’s Carmakers Face A ‘Toxic Mix’ Of Challenges As Demands Fall
Germany’s economically-essential car manufacturing industry is emerging from a scathing period of lockdown, production halts and a slump in sales.…
Author: Ekemini
Nigeria: MTN Completes N100bn Commercial Paper Issuance
MTN Nigeria has completed the issuance of its series I and II notes, under its N100bn commercial paper debt programme.…
Nigeria’s 5-Year Naira Futures Sink To 578 On Dollar Shortage
ABUJA, June 10 (Reuters) – The Nigerian naira for five-year settlement was quoted at 578.37 to the U.S. dollar on…
Coronavirus May Lead To Loss Of 13Million Jobs In Nigeria – UN
The COVID-19 pandemic may lead to the loss of 13 million jobs in Nigeria, the World Food Programme of the…
Finland Lifts Travel Restrictions On Neighbours Except Sweden
Finland’s government said on Thursday it will lift coronavirus-related restrictions on leisure travelling to and from neighbouring Baltic and Nordic…
Dow Futures Drop 500 Points On Virus Second Wave Concern, Airline And Retail Shares Fall
Stock futures fell sharply in early trading Thursday as coronavirus cases increased in some states that are reopening up from…
European Markets Tumble After Fed Outlook
European stocks fell sharply Thursday as investors digested the latest comments from the U.S. Federal Reserve. The pan-European Stoxx 600 dropped…
Johnson & Johnson To Begin Human Trials For Coronavirus Vaccine In Late July
Johnson & Johnson announced Wednesday its early-stage human trial for a potential coronavirus vaccine will begin in the second half…
Canada, U.S. Set To Extend Border Closure To End Of July
Canada and the United States are set to extend a ban on non-essential travel to late July as both countries…
U.S. Coronavirus Cases Now Over 2 Million
Total U.S. coronavirus cases surpassed 2 million on Wednesday, according to a Reuters tally, as health officials urge anyone who…
Amazon Bans Police Use Of Facial Recognition Technology For One Ye
Amazon said on Wednesday that it’s banning use of its facial recognition software by police for one year, as pressure…
U.S. Protesters Topple Columbus Statue And Throw It In A Lake
Anti-racism protesters in Virginia tore down a statue of Christopher Columbus on Tuesday night in Byrd park in Richmond, then…
Nascar Bans Display Of Confederate Flag At All Events And Properties
Nascar has banned the Confederate flag from its races and properties. Nascar says Wednesday the Confederate flag “runs contrary to…
Tesla Soars Past $1,000 After Musk Seizes Spotlight From Nikola
Elon Musk wasn’t about to let a revenue-less manufacturer of zero-emission semi trucks steal the spotlight from Tesla Inc. The…
Ford-Volkswagen Alliance To Include Shared Production Of 8 Million Commercial Vehicles
Ford Motor and Volkswagen plan to share production of 8 million commercial vehicles as part of an expanded alliance between the…
AfDB Vice-President, Blanke, Resigns
The Vice President for Agriculture, Human and Social Development at the African Development Bank, Dr Jennifer Blanke, has resigned her…
Goldman Sachs’ Digital Bank Pauses Application For Savings Account After Surge In Deposits
Goldman Sachs’ digital bank Marcus has paused applications for its easy-access savings account in the U.K. because of a surge…
S&P 500, Dow Finish Lower In Volatile Trade On Dour Fed Forecasts
The Dow and S&P 500 ended a choppy session lower on Wednesday after the Federal Reserve reassured investors of its…
HBO Max Temporarily Removes ‘Gone With The Wind,’ Says It Shows ‘Racial Prejudices’
New streaming service HBO Max has removed the epic 1939 movie “Gone With the Wind” from its schedule, saying it…
Nigeria Vows To End Piracy In Gulf Of Guinea
The Federal Government has promised to employ all machinery to eliminate the act of piracy in the Gulf of Guinea.…
Coronavirus: World’s Largest Fashion Group Reports First Loss
The world’s largest fashion group, Inditex, reported its first quarterly loss Wednesday, as it described being “materially impacted” by the coronavirus…
Sudan Committee Seizes Bashir’s Bank Account, Closes FX Bureaus
A Sudanese anti-corruption committee said on Tuesday it had confiscated a bank account belonging to ousted President Omar al-Bashir and…
Reddit Names Y Combinator CEO Michael Seibel As Alexis Ohanian’s Replacement
Reddit has named Y Combinator CEO Michael Seibel to its board of directors. In addition to running the well-known accelerator,…
CrossFit Founder Steps Down As CEO After Criticism Over Floyd Tweet
CrossFit Inc founder Greg Glassman stepped down as chief executive on Tuesday, days after he apologized for his tweet on…
Nigeria Recorded N138.98bn Trade Deficit In Q1 – NBS
Nigeria recorded a trade deficit of N138.98bn in the first quarter of 2020, the National Bureau of Statistics has said.…
Nigeria: FG Suffers N1.01tn Revenue Shortfall Published June 10, 2020
The negative impact of the Coronavirus pandemic has resulted in the Federal Government recording a revenue shortfall of about N1.01tn…
U.S. Navy To Bar Confederate Flags From Ships, Aircraft Bases
The U.S. Navy is working to ban the Confederate battle flag from all public spaces on Navy installations, ships and…
Jack Dorsey says Twitter And Square Will Hon our Juneteenth — June 19 — As A Company Holiday
Jack Dorsey, the CEO of Twitter and Square, tweeted on Tuesday that both companies will honor Juneteenth as a company holiday in the…
Gatwick To Reopen North Terminal And Extend Operating Hours
Gatwick will reopen the North Terminal and increase its operating hours next week as it prepares for more flights to…
How To Schedule Emails In Gmail And Outlook
Think of all the moments when you’ve debated whether you really need to send an emailright now. Maybe you’re afraid…