Nigeria: FG’s Sukuk Bond Oversubscribed By N519.12bn
The Federal Government’s Sovereign Sukuk bond of N150n offered to investors was oversubscribed by N519.12bn, the…
CVS Joins Walmart In Keeping Multicultural Beauty Products Out Of Locked Cabinets
Drugstore chain CVS Health Corp joined Walmart Inc in announcing it will stop keeping beauty and personal care…
BA, Ryanair And EasyJet Launch Fight Over ‘Devastating’ Quarantine…
British Airways, Ryanair and EasyJet have filed a formal legal challenge to the government's quarantine policy.…
Bankrupt Hertz Gets Approval To Sell Up To $1 Billion In Stock
The market dislocation wrought by the coronavirus pandemic has a poster child in Hertz Global Holdings Inc.
A…
Tesla Stock Gets Two Downgrades, Falls Below $1,000
Tesla Inc. stock lost some of its luster Friday after Goldman Sachs and Morgan Stanley moved to downgrade the…
AT&T Discussing Sale For Its Warner Bros. Gaming Unit In Deal That Could…
AT&T Inc (T.N) is discussing a sale of its Warner Bros. Interactive Entertainment gaming division in a deal…
Facebook’s Giphy Deal Is Being Probed By The UK’s Competition Watchdog
Facebook's acquisition of animated picture platform Giphy, reportedly valued at $400 million, is being investigated…
Nigeria: 39.4 Million May Be Jobless Before Year End – FG
The Federal Government has raised the fear that except something urgent is done, about 39.4 million Nigerians may…
California Examines Amazon’s Business Practices
California investigators are examining Amazon.com Inc’s (AMZN.O) business practices as part of an inquiry into the…
Coronavirus: Saudi Arabia Considering Canceling Hajj
Saudi Arabia is considering canceling the annual hajj pilgrimage this year because the coronavirus pandemic, the…
UK Economy Contracted By 20.4% In April, The Largest Monthly Fall On Record
The U.K. posted the biggest monthly fall in GDP (gross domestic product) on record in April, according to the…
U.S. Manufacturers Struggle To Keep Workers In The Face Of Weak Demand
Cheryl Wellman was able to bring back most of her furloughed workers last month with the help of a special…
For the Record: President Buhari’s 2020 Democracy Day Speech
Fellow Nigerians,
1. The 2020 celebration of Democracy Day marks 21 years of uninterrupted civil administration…
US Lawmakers Asked Zoom To Clarify Its Data-Collections Practices
Three U.S. lawmakers asked Zoom Video Communications Inc (ZM.O) to clarify its data-collection practices and…
Ukraine President’s Wife Tests Positive For Coronavirus
Olena, the wife of Ukrainian President Volodymyr Zelenskiy, said on Friday she had tested positive for coronavirus…
U.S. Lawmakers Back New Helicopter Safety Equipment After Kobe Bryant Crash
A group of Democratic U.S. lawmakers on Thursday introduced legislation that would require new safety equipment on…
Tech’s Big Five Lost Nearly $270 Billion In Value In Thursday’s Market…
The five most valuable tech companies lost more than $269 billion in value on Thursday, the worst day for U.S.…
Republican-Led Senate Panel Defies Trump, Backs Stripping Confederate Names From…
The Republican-led U.S. Senate Armed Services Committee voted to require the Department of Defense to rename…
Wall Street Closes With Biggest One-Day Loss Since March 16
Wall Street plummeted on Thursday as investors reacted to renewed fears of a pandemic resurgence and digested dour…
Sony Unveils Playstation 5, Coming Later This Year
Sony unveiled the PlayStation 5 game console design on Thursday.
The PS5 was unveiled at the end of a video…
Twitter Suspends Chinese Operation Pushing Pro-Beijing Coronavirus Messages
SAN FRANCISCO (Reuters) - Twitter (TWTR.N) on Thursday said it was removing hundreds of thousands of accounts tied…
Manhattan’s Empty Apartments: New Leases Fall 62%
Manhattan had its worst May in a decade for new rental leases, as residents leave the city and the real estate…
Democratic Candidate Biden Calls On Facebook To Fact-Check Political Ads
Democratic presidential candidate Joe Biden’s campaign published an open letter to Facebook (FB.O) Chief Executive…
Adesina Reacts To AfDB Vice President’s Resignation
President of the African Development Bank (AfDB), Akinwumi Adesina has reacted to the resignation of Jennifer…
Coronavirus: IMF Says $10 trillion Has Been Spent To Combat Pandemic
Governments around the world have spent $10 trillion in fiscal actions to respond to the novel coronavirus pandemic…
British Airways To Sell Art Collection To Raise Cash
British Airways is selling some of its multi-million-pound art collection to raise cash to help it through the…
German Airline Lufthansa To Cut 22,000 Jobs
German airline Lufthansa has said it will cut 22,000 jobs as it struggles to deal with the slump in air travel…
Elon Musk Tweets ‘Lol’ At Stock Market
Tesla CEO Elon Musk on Thursday morning tweeted "lol", a reference he later clarified to apply to "stonks,"…
Coronavirus: Germany’s Carmakers Face A ‘Toxic Mix’ Of…
Germany's economically-essential car manufacturing industry is emerging from a scathing period of lockdown,…
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…