Local Nigeria Cocoa Exports Stalled Over Covid-19 Safety Protocols May 5, 2020 0 Health protocols introduced by Nigerian authorities to curb the spread of the Covid-19 disease have delayed cocoa…
World Why There’s A Looming Debt Crisis In Emerging Markets May 5, 2020 0 Solvency concerns in the developing world are nothing new. But as governments stare down the humanitarian and…
Africa Digital Purchases To Be Taxed At 1.5% In Kenya May 5, 2020 0 Kenya plans a 1.5% digital tax on the value of online transactions, according to proposals in the Finance Bill…
Business Virgin Atlantic To Cut 3,150 Jobs; Move Flights To Heathrow From Gatwick May 5, 2020 0 British airline Virgin Atlantic said on Tuesday it planned to cut 3,150 jobs and would move its flying programme…
Business Fiat Chrysler Plunges To Loss, But No Change To PSA Deal May 5, 2020 0 Fiat Chrysler Automobiles (FCA) plunged to a first-quarter loss of $1.8 billion and scrapped its full-year earnings…
World Trump Allies On The Sidelines In Supreme Court Financial Records Fight May 5, 2020 0 Congressional Republicans who strenuously objected when a Democratic-led U.S. House of Representatives panel…
Business Lufthansa Has No Plans To Buy Rivals Hit By Coronavirus Crisis May 5, 2020 0 Lufthansa (LHAG.DE) is not planning to buy rivals weakened by the coronavirus crisis, Chief Executive Carsten Spohr…
World France Accuses Apple Of Refusing To Help With ‘StopCovid’ App May 5, 2020 0 France accused Apple APPL.O on Tuesday of undermining its effort to fight the coronavirus by refusing to help make…
Local Nigeria: Naira Gains, Exchanges 430/$ As Forex Sale Resumes May 5, 2020 0 The naira sold for N430 to a dollar on Monday, gaining some strength over previous week’s sales figures, following…
World Oil Prices Rise As Countries Ease Lockdown May 5, 2020 0 Oil extended gains in Asia Tuesday on signs of improving demand as coronavirus-hit major economies begin to ease…
Africa Coronavirus: Why Are Some African States Easing Lockdowns? May 5, 2020 0 African countries have fewer coronavirus cases than much of the world, but weaker healthcare systems do put the…
World New Zealand PM: No Open Borders For ‘A Long Time’ May 5, 2020 0 New Zealand Prime Minister Jacinda Ardern says the country will not have open borders with the rest of the world…
World European Markets Recover After Day Of Heavy Selling May 5, 2020 0 European markets bounced back on Tuesday after a session of steep losses, spurred by a late rally for Wall Street…
Banking FCMB Issues Official Statement On Collapse Of Customer At Onipanu Branch; Debunks… May 5, 2020 0 Leading Nigerian financial institution, First City Monument bank (FCMB) has issued an official statement to address…
Features Market Wrap May 5, 2020 0 Risk assets had been hit amid earnings, geopolitical worries. Japan, China, South Korean markets are closed on…
Features Covid-19 Global Virus update May 5, 2020 0 U.S. President Donald Trump said some states “aren’t going fast enough” to reopen, even as he acknowledged that the…
Features Why There’s a Looming Debt Crisis In Emerging Markets May 5, 2020 0 Solvency concerns in the developing world are nothing new. But as governments stare down the humanitarian…
Features The VIX Just Revealed An Optimistic Signal For U.S. Stocks May 4, 2020 0 Market turbulence has calmed down since the mid-March extremes, but a couple of recent moves may bode particularly…
World Dubai Aims To Open Up For Tourists At The Beginning Of July May 4, 2020 0 Pandemic means tourism sector will focus more on hygiene. The government says it will not restrict hotel…
Business AIG Takes $272 Million In Covid-19 Losses And Withdraws Guidance May 4, 2020 0 American International Group Inc. was hit by about $272 million in costs tied to the coronavirus as the insurance…
Business Victoria’s Secret Owner Unveils Plan B After Sycamore Walks Away May 4, 2020 0 L Brands Inc. agreed to cancel a deal that would have given private equity firm Sycamore Partners control of…
Business Wall Street Snaps Two-Day Slump On Lift From Tech Titans May 4, 2020 0 U.S. stocks ended higher on Monday as increases in large tech and internet companies and oil price gains outweighed…
Local Massive U.S. Stock Bounce Stokes Doubts, Provokes Bears May 4, 2020 0 Fund managers and corporations have deployed over $1.1 trillion into money markets while the S&P 500 mounted a…
World Germany To Reopen All Shops, Allow Soccer Matches May 4, 2020 0 Germany’s state premiers will agree on measures to further ease coronavirus restrictions in a teleconference with…
World New York Governor Outlines Reopening Plan With Construction, Manufacturing First May 4, 2020 0 New York Governor Andrew Cuomo on Monday outlined a phased reopening of business activity in the state hardest hit…
World UK Says China Has Questions To Answer Over Coronavirus Outbreak May 4, 2020 0 Britain said on Monday that China had questions to answer over the information it shared about the novel…
Business Will Disney Open In June? May 4, 2020 0 We may get a better estimate of when Walt Disney's (NYSE:DIS) theme parks worldwide will potentially reopen when…
World Masked And Standing Apart, The World Creeps Out Of Lockdown May 4, 2020 0 Italy, among the world’s hardest-hit countries, started to relax the longest lockdown in Europe, allowing about 4.5…
Business Apple, Google Ban Use Of location Tracking In Contact Tracing Apps May 4, 2020 0 Apple Inc and Alphabet Inc’s Google on Monday said they would ban the use of location tracking in apps that use a…
Africa Madagascar To Start Trials For Coronavirus Herbal Treatment May 4, 2020 0 Madagascar's president has said that the country will begin clinical trials for an artemisia-based herbal remedy,…