World Relax! Coronavirus is Less Dangerous Than the Flu, Says Epidemic Expert January 31, 2020 Ekemini The danger posed the Wuhan coronavirus (2019-nCoV) is not as lethal as media reports would have you believe, according to an expert. According to a researcher and epidemic expert at…
World Amazon earnings beat expectations, shares surge January 31, 2020 Ekemini Amazon shares shot higher Thursday after the internet colossus released quarterly earnings figures for the holiday quarter that trounced market expectations. Profit in the final three months of last year…
World BREXIT: UK To Exit EU Today January 31, 2020 Ekemini The United Kingdom will finally have its Brexit at 11 pm on Friday, with Prime Minister Boris Johnson expected to deliver an emotional divorce address in a broadcast. According to…
World Interest rates left at 0.75% amid signs of rebound for UK economy January 30, 2020 Ekemini The Bank of England has voted to leave interest rates on hold amid early signs of a rebound in the economy following Boris Johnson’s election victory. Despite warning that Brexit…
Technology World Huawei ruling will cost us £500m, says BT January 30, 2020 Ekemini Telecoms group faces big bill for stripping out banned kit from 5G broadband network Limiting the use of Huawei equipment in BT’s EE 5G mobile and full-fibre broadband networks will…
World Conoravirus: The Hang Seng Is Down By 5% In Two Days As Yuan Slumps January 30, 2020 Ekemini Hong Kong’s main stock index has fallen 5% in two days as the rising number of coronavirus cases creates uncertainty for the global economy. The Chinese yuan also tumbled below…
Features World Markets Wrap January 30, 2020 Ekemini U.S. equity futures slid with stocks on Thursday as investors mulled mounting evidence that the coronavirus epidemic is disrupting the world’s second-largest economy. Bonds gained and China’s offshore yuan briefly…
World Trump signs US Mexico Canada Agreement January 30, 2020 Ekemini US President Donald Trump has formally signed a new trade pact with Mexico and Canada, bringing his campaign promise to replace the three countries’ existing deal closer to fruition. The…
World Facebook stock falls after showing 51% rise in expenses January 30, 2020 Ekemini Facebook beat on top and bottom lines, but the stock fell more than 7% on Wednesday after the company reported rising costs and expenses and a narrowing operating margin. Here…
World Tesla spikes on earnings beat, says Model Y production underway January 30, 2020 Ekemini The company guided that solar and storage deployments should grow at least 50% in 2020. Tesla had already reported deliveries of 112,000 vehicles globally during the fourth quarter, a quarterly…
Business World Boeing posts $636m loss, first in 20 years January 29, 2020 Ekemini Boeing reported on Wednesday its first annual loss since 1997, as the company continues to grapple with the fallout of the 737 Max crisis. Boeing also lost $1.01 billion in…
World Asian stocks fall again over virus fears while US, European markets recover January 28, 2020 Ekemini Worries over the Wuhan coronavirus caused further steep drops on markets in Asia on Tuesday. But stocks in Europe and the United States are bouncing back from Monday’s sharp sell-off.…
Technology World Britain favours Huawei’s 5G rollout as against US January 27, 2020 Ekemini Huawei could be about to find itself at the center of an intense political rift between Britain and the United States this week. London is expected to grant the Chinese…
World Global stock markets roiled as China’s coronavirus spreads January 27, 2020 Ekemini Investors worldwide have been spooked by the rapid spread of the Chinese coronavirus, with stock markets around the globe sharply lower on Monday. The death toll rose to 81 as…
World Coronavirus: European stocks sink as virus sparks investor panic January 27, 2020 Ekemini Europe’s main equity markets plunged at the open on Monday, mirroring losses elsewhere on investor panic over the deadly coronavirus. In initial trades, London’s benchmark FTSE 100 index of major…
World Trump is threatening a damaging new trade war with the United Kingdom after Brexit January 25, 2020 Ekemini President Donald Trump is threatening to launch a damaging new trade war with the United Kingdom as the country prepares to leave the European Union. In recent weeks, the president…
World Bonds look like they are flashing a warning for global markets January 25, 2020 Ekemini A key interest rate is moving to levels last seen in the fall when markets were worried about the trade war, and that falling yield may be a warning signal.…
World History shows China’s coronavirus impact on markets likely to be short-lived January 24, 2020 Ekemini As China’s Wuhan virus spreads, it is expected to continue slamming Chinese and other financial markets, but economists say it may ultimately have more impact on sentiment than be a…
World ‘Taxpayers are leaving millions of dollars off their returns.’ Why Americans repeatedly overlook this lucrative tax credit January 24, 2020 Ekemini The Earned Income Tax Credit is designed to act as a cash infusion to low-income families. In fact, some experts have called it “one of the largest and most studied…
World Oil firms to stake $30 billion on exploration this year January 23, 2020 Ekemini Globally, about $25 billion to $30 billion will be spent on oil exploration activities although cost-efficiency challenges may slip by as much as 15 per cent. The revelation contained in…
World China stocks slide 3%, leading sharp losses for Asia as coronavirus spreads January 23, 2020 Ekemini Stocks in China were hit hard in Thursday with Hong Kong and Shanghai exchanges off 2% to 3% as the spread of the coronavirus that originated in Wuhan, China, spooked…
World Uganda Set To Produce First Oil Barrel January 22, 2020 Ekemini The General Electric Co.-led group picked to build a $3.5 billion refinery in Uganda is close to making a final investment decision for the project, according to the country’s Ministry…
World Tesla crosses $100 billion stock market valuation in extended trading January 22, 2020 Ekemini Tesla Inc became the first $100 billion publicly listed U.S. carmaker in extended trading on Tuesday, in a sign of Wall Street’s confidence in an all-electric future. The milestone comes…
World Nigeria risks US travel restrictions as Trump set to expand blacklist January 22, 2020 Ekemini Nigeria might be included in a controversial list of seven countries that would face US travel restrictions when President Donald Trump makes public a final list on or before Monday.…
World Asian stocks recover from losses sparked by the coronavirus outbreak January 22, 2020 Ekemini Stocks in Asia recovered a little ground Wednesday after a new virus originating in China drove markets into the red earlier this week and disrupted plans for the millions of…
World Paul Tudor Jones says this ‘crazy’ stock market run reminds him a lot of early ’99 January 21, 2020 Ekemini Billionaire investor Paul Tudor Jones said the stock market today is reminiscent of the latter stages of the bull market in 1999 that saw a giant surge that ultimately ended…
World Dow pulls back from record highs as U.S. stocks follow Asian shares lower January 21, 2020 Ekemini U.S. stocks fell modestly at the start of trade Tuesday, as investors returned from a holiday and found few reasons to take equities higher following a brisk, record-setting run-up for…
World Hong Kong leads Asian markets lower on credit downgrade and coronavirus fears January 21, 2020 akintunde Hong Kong stocks recorded their worst day in more than five months after renewed concerns about how the city is handling ongoing protests, and as a new virus spreads throughout…
World EasyJet 1Q 2020 revenue per seat rose 8.8% January 21, 2020 akintunde Budget airline easyJet PLC on Tuesday said revenue per seat for the first quarter of fiscal 2020 rose, and that capacity growth in the first half would be slower than…
World UK employment hits new record high as Bank weighs rate cut January 21, 2020 akintunde The employment rate in the UK hit a new record high at the end of last year despite the political turmoil over Brexit, official figures show. The official employment rate…
