Features How Would Negative Interest Rates Affect Mortgages? May 16, 2020 0 The Federal Reserve hasn't left itself much room to keep using interest rates to battle the coronavirus, which Fed…
Local Nigeria: FG, States, LGs Share N606.196bn, Revenue Drops By N227.265bn May 16, 2020 0 The Federation Accounts Allocation Committee has shared a total of N606.196bn for April revenue to the federal,…
Business California Officials Reject Subsidies For Musk’s SpaceX Over Tesla Spat May 16, 2020 0 A California state panel on Friday rejected a request from Elon Musk’s SpaceX for $655,500 in state job and…
World Trump Administration Reportedly Set To Restore Partial Funding To World Health… May 16, 2020 0 U.S. President Donald Trump’s administration is set to restore partial funding to the World Health Organization,…
World China Asks United States To Stop ‘Unreasonable Suppression’ Of Huawei May 16, 2020 0 China’s foreign ministry said on Saturday the United States needed to stop the “unreasonable suppression” of…
World House Democrats Pass $3 trillion Coronavirus Relief Package May 16, 2020 0 House Democrats on Friday passed a $3 trillion coronavirus relief package, unprecedented spending Senate…
Investing Saudi Wealth Fund Boosts U.S. Holdings With Stakes In Citi, Boeing, Facebook May 16, 2020 0 Saudi Arabia’s sovereign wealth fund has bought minority stakes in major American companies including Boeing…
Business J. C. Penny Files For Bankruptcy May 16, 2020 0 J.C. Penney Co Inc filed for bankruptcy protection on Friday with plans to permanently close some stores and also…
Business Elon Musk’s Boring Company Completes Second Tunnel In Las Vegas May 15, 2020 0 The Boring Company, Elon Musk's underground transportation project, has completed work on a second tunnel in Las…
Business Fitbit Plans To Make Emergency Ventilators For Covid-19 May 15, 2020 0 Fitbit, which makes wearable devices including fitness-trackers, is shifting its supply chain to make…
World Mike Bloomberg Plots Spending Blitz To Support Joe Biden’s Run For President May 15, 2020 0 Billionaire and former presidential candidate Mike Bloomberg is plotting a massive spending blitz to back Joe…
World Could Jeff Bezos Really Become The World’s First Trillionaire By 2026? May 15, 2020 0 Jeff Bezos is already the world’s wealthiest person by a healthy margin and he’s the founder and CEO of one of…
Technology Facebook Is Building A Huge Undersea Cable Around Africa To Boost Internet Access… May 15, 2020 0 Facebook is building a massive underwater cable around Africa, in an effort to bring more of the continent’s…
Local Nigeria: Currency In Circulation Rises By N11.38bn In One Month May 15, 2020 0 The total currency in circulation in the country rose to N2.3tn as of April 30 from N2.29tn on March 31, 2020.…
Local Nigeria: Borrowers Complain As MfBs Demand Loan Repayment May 15, 2020 0 Some borrowers from microfinance banks have decried their exemption from loan tenor extension in the banking…
Business Mark Cuban Believes The Market Is Overvalued May 15, 2020 0 Shark Tank” investor Mark Cuban believes the market is overvalued as coronavirus induced uncertainty over consumer…
World Saudi Oil Rush Threatens To Disrupt Stabilizing U.S. Market May 15, 2020 0 An armada of tankers filled with Saudi Arabian crude steaming toward the U.S. threatens to prevent America’s oil…
World China Ready To Put Apple, Other U.S. Companies In ‘Unreliable Entity List’ May 15, 2020 0 China is ready to put U.S. companies in an "unreliable entity list," as part of countermeasures against…
Technology U.S. Moves To Cut Huawei Off From Global Chip Suppliers As China Eyes Retaliation May 15, 2020 0 The Trump administration on Friday moved to block global chip supplies to blacklisted telecoms equipment giant…
World China’s Unemployment Rises As Coronavirus Wrecks More Havoc On Economy May 15, 2020 0 The unemployment rate in China remained near historic highs in April, highlighting the challenges the world’s…
World Slovenia Becomes First European Nation To Declare An End To Its Coronavirus… May 15, 2020 0 Slovenia has become the first European country to declare its domestic coronavirus outbreak officially over. The…
Investing Netflix Hits A Record High, And Trader Says One Level Holds May 15, 2020 0 Netflix hit a record high after Jefferies gave three reasons to buy the stock. In the firm’s pro column,…
World German Economy Posts Sharpest Contraction Since The Financial Crisis May 15, 2020 0 German GDP (gross domestic product) shrank by 2.2% in the first quarter compared to the final three months of…
World Oil Records Second Monthly Drop, Unsold Cargoes Increase May 15, 2020 0 Crude oil in the Organisation of Petroleum Exporting Countries reference basket dropped for the second consecutive…
Breaking Airline Industry Not Likely To Recover For At Least A Year: Southwest CEO May 15, 2020 0 The airline industry is not likely to recover to pre-coronavirus levels for at least the next six to 12 months,…
Investing World Stocks Win A Respite, Oil Prices Jump Over 3% May 15, 2020 0 World stocks rose on Friday and oil prices jumped more than 3%, taking the sting out of a week that has seen…
World UK Announces £1.6bn Bailout For London’s Transport System May 15, 2020 0 The British government will pump £1.6 billion into London’s public transport system to restore services and help…
Business A London-Based Trading House Bought 250,000 Barrels Of Oils During The Historic… May 15, 2020 0 One trader bought 250,000 barrels of oil and secured a rare payout at a time when oil prices turned negative,…
Business Walt Disney World And Unions Agree On Safeguards For Returning To Work May 14, 2020 0 Walt Disney Co (DIS.N) and unions representing workers at Florida’s Walt Disney World have reached an agreement on…
Business Qatar Airways To Distribute 100,000 Free Tickets May 14, 2020 0 Qatar Airways has said it will give away 100,000 free tickets to the front-line healthcare professionals to commend…