U.S. Weekly Jobless Claims Remain High, Second Wave Of Layoffs Blamed
A second wave of layoffs amid weak demand and fractured supply chains is likely keeping new U.S. applications for…
Nigeria: Inflation Hits 25-Month High At 12.40% In May
Nigeria’s rate of inflation, which is measured by the country’s Consumer Price Index, rose to 12.40 per cent in the…
Nigeria: FG, States, LGs Share N547bn For May
The Federation Accounts Allocation Committee on Wednesday at its virtual meeting shared to the three tiers of…
Stock Futures Flat In Overnight Trading
Stock futures were flat in overnight trading on Wednesday as investors continued to monitor an uptick in new…
Several U.S. Banks To Close Branches, Offices Early For Juneteenth
Several U.S. banks are closing branches and offices early on Friday to observe the Juneteenth holiday, which…
Facebook And Instagram Will Let Users ‘Turn Off’ All Political Ads For The 2020…
Critics say Facebook is actively enabling the spread of political misinformation online, but the social network has…
Steroid Should Be Kept For Serious Coronavirus Cases, WHO Says
A cheap steroid that can help save the lives of patients with severe COVID-19 should be reserved for serious cases…
Volkswagen Electric SUV Leaked Months Ahead Of Release
Volkswagen’s first all-electric SUV, the ID 4, has broken cover thanks to leaked images from China’s Ministry of…
Lyft Says ‘100 Percent’ Of Its Vehicles Will Be Electric By 2030
Lyft announced a plan on Wednesday to transition to “100 percent” electric or zero-emission vehicles by 2030. By…
US Says A UK Trade Deal ‘Unlikely’ Before November
America's top trade negotiator has said a deal with the UK is unlikely before the US presidential election in…
House To Vote To Make Washington D.C. The 51st State In The U.S
Democrats controlling the House have slated a vote next week to make the District of Columbia the 51st state, an…
Uber To Make Juneteenth And Election Days Around The World Company Holidays
Uber will honor Juneteenth and elections days around the world as company holidays, CEO Dara Khosrowshahi announced…
Google Commits $175 Million To Black Businesses And Promises To Diversify…
Google and Alphabet CEO Sundar Pichai told employees it will commit to more than $175 million toward funding more…
Volkswagen To Pay $267 Million For Audi Buyout
Volkswagen will pay a 48% premium to buy out the minority shareholders of premium division Audi, Audi said on…
Trump Sought China’s Xi’s Help To Win Re-Election, Bolton Alleges
In a series of bombshell allegations, U.S. President Donald Trump’s former national security adviser, John Bolton,…
Hertz Halts Plan To Sell $500 Million In Shares After SEC Review
Hertz has suspended its plan to sell up to $500 million in shares pending review by the Securities and Exchange…
Beijing Extends Movement Curbs To Contain Resurgent Coronavirus
China’s capital cancelled scores of flights, shut schools and blocked off some neighbourhoods as it ramped up…
HSBC Revives Plan To Cut 35,000 Jobs, According To An Internal Memo
HSBC is resuming a massive redundancy plan it had put on ice after the coronavirus outbreak, and will cut 35,000…
UK’s Supreme Court Rules Against Mastercard, Visa In Retailers’ Fees…
Britain’s highest court on Wednesday upheld an earlier Court of Appeal ruling that credit card companies Visa (V.N)…
Tensions Between North And South Korea To Escalate Further After Pyongyang Bombed…
Tensions between the two Koreas may continue to rise after a joint liaison office in a border town was blown up,…
Russia Could Cut Interest Rates To A Historic Low
The Central Bank of Russia (CBR) is expected to cut its benchmark interest rate on Friday to its lowest level…
Nigeria: Appointment Of Mr. Babalola Obilana As The New Director-General Lagos…
The Lagos state Governor Mr Babajide Sanwoolu has approved the appointment of Mr Babalola Obilana as the Director…
Nigeria: Sanwo-Olu Re-Jigs Security, Employment Trust Fund Boards
Lagos State Governor, Mr. Babajide Sanwo-Olu has approved the reconstitution of the Lagos State Employment Trust…
Nigeria Needs To Spend 18% GDP On Infrastructure – IMF
The International Monetary Fund has estimated additional spending of 18 percentage points of Gross Domestic Product…
30% Of Americans Missed Their Housing Payments In June
As the United States continues to face record unemployment due to the coronavirus pandemic, 30% of Americans missed…
US Airlines May Ban Passengers If They Don’t Wear Face Masks
United and American Airlines said Monday that they will temporarily ban passengers who don’t comply with a new…
Huawei CFO Raises New Argument To Fight U.S. Extradition In Canada Court
Huawei Chief Financial Officer Meng Wanzhou is raising a new argument in a Canadian court in a bid to fight…
AT&T Set To Cut Thousands Of Jobs And Close 250 Stores
AT&T reportedly plans to cut more than 3,400 technician and clerical jobs across the country and close stores…
Saudi Oil Exports To U.S. Plunge To Lowest Level In 35 Years
After flooding the U.S. with crude earlier this year, Saudi Arabia has all but cut off the taps to the American oil…
Ruling Against Saudis May Affect Newcastle Deal
Saudi Arabia violated the World Trade Organization’s intellectual-property rules when it failed to crack down on…