Amazon, Apple, Facebook And Microsoft Close At All-Time Highs
Amazon, Apple, Facebook and Microsoft closed at new all-time highs Tuesday, a day when the Nasdaq Composite Index…
3M Sues Amazon Storefront That Allegedly Sold Fake N95 Masks
The 3M corporation has filed suit against a third-party Amazon seller called KMJ Trading Inc, which allegedly sold…
Nigeria: Oil Revenue To Drop By N140b
A dip in the Federal Government’s revenue is in the offing. This is because following the cut in oil production…
Stocks Mixed As Investors Step Back From Highs
A recent run of optimism in markets hit the brakes on Tuesday, as investors pulled back from major stock indices…
Japan, Britain Aim For Swift Trade Deal
Japan and Britain agreed to start talks on an early trade deal, Japan’s foreign ministry said on Tuesday, as…
Nigeria: Currency In Circulation Rises To N2.35tn
Despite lockdown introduced to contain the spread of COVID-19 in the country, huge cash transactions in the economy…
The South African Rand Leads African Currency Resurgence
The South African rand hit an 11-week high on Monday morning following a broad rally in African currencies last…
Chanel, Revlon, L’Oreal Moving Away From Using Talc As Cancer Lawsuits Mount
Chanel, Revlon and L’Oreal, three of the biggest brands in cosmetics, are quietly moving away from using talc in…
The EU’s Massive Coronavirus Stimulus Plan Faces Three Crucial Hurdles
The European Commission has proposed a 750-billion euro ($847 billion) stimulus plan to help support the region…
Emirates Lays Off Thousands Of Pilots, Cabin Crew, Plans More Job Cuts
Emirates, one of the world’s biggest long-haul airlines, laid off hundreds of pilots and thousands of cabin crew on…
European Markets Dip Despite Nasdaq Hitting Record High
The Nasdaq (^IXIC) hit a new record high on Monday as investors bet on swift economic recovery, with a…
Dow Futures Drop 300 Points As Comeback Rally Pauses
Stock futures fell on Tuesday as investors took some money off the table following a relentless comeback rally…
EU Seeks Tougher Checks On Foreign Firms Using Subsidies To Buy European Firms
The Europe Union wants to introduce more vigorous checks on foreign state-owned or state-backed companies buying…
Tesla Shares Hit Record Closing Price
Tesla shares hit a record closing price of $949.92 on Monday after opening at $919, partly in response to…
Trump Plans To Sign Bill Pressuring China Over Uighur Muslim Crackdown
S. President Donald Trump plans to sign legislation calling for sanctions on Chinese officials responsible for…
Few Black Families Will Benefit From The Historic Stock Market Rally
A surging stock market despite a global pandemic and nationwide protests is calling attention to the wealth gap…
George Floyd: British Tear Down Statue Of Slave Trader As Protests Continue…
People across the U.S. and around the world gathered in major demonstrations on Sunday against racism and…
WHO Head Urges Countries Not To Drop Guard As Pandemic Still Growing
The World Health Organization (WHO) urged countries on Monday to press on with efforts to contain the novel…
The U.S. Entered A Recession In February, According To The Official Economic…
The worst U.S. downturn since the Great Depression is now officially a recession, according to the National…
Lawyers for UK’s Prince Andrew Hit Back At U.S. Authorities Over Epstein…
Lawyers for Britain’s Prince Andrew on Monday hit back at claims that he was not cooperating with U.S. prosecutors…
Oil Rally And Saudi Price Spikes Could Hurt Refiners, Stifling Market Recovery
Oil prices pared gains on Monday, despite the weekend announcement by OPEC and its allies, known as OPEC+, that…
S&P 500, Dow Extend Rally On Hopes Of Swift Economic Rebound
Wall Street’s major indexes rose on Monday, building on last week’s sharp gains after a surprisingly upbeat jobs…
Man Drives Car Into Seattle Protests Crowd, Shoots Bystander
A man drove his car into a crowd of protesters in Seattle on Sunday, then shot and wounded a demonstrator who…
3 Million Nigerians Expected To Slide Into Poverty
Nigeria’s misery index is set for a spike, with more than three million people joining the population of poor…
Huawei Launches Media Campaign, Says It Is Committed To Provision Of 5G Networks
Huawei is launching a newspaper and internet campaign to mark 20 years of business in the UK.
In an open letter to…
New York To Begin Phase 1 Of Reopening Today
New York City, the epicenter of the devastating COVID-19 pandemic in the US, will begin the first phase of…
US Sues Chinese Manufacturer For Exporting Defective, Misbranded N95 Masks
A Chinese mask manufacturer has been charged by the United States (US) Justice Department for exporting…
UK To Announce Laws To Prevent Foreign Takeovers Posing National Security Risk
British Prime Minister Boris Johnson is preparing to announce tough laws to prevent foreign takeovers that pose…
Mexico Takes Out $1 Billion Loan From World Bank
Mexico has taken out a $1 billion loan from the World Bank as the effects of the coronavirus begin to squeeze the…
Emirates to Extend 50% Salary Cuts Until September
Emirates has extended 50% salary cuts until September as the Dubai-based carrier steps up measures to preserve…