Stocks Push Higher On Wednesday As Investors Shrug Off Dismal Economic Data
Stocks rose Wednesday and pushed passed earlier concerns over increasingly tense U.S.-China relations, which had…
Nigeria: FG Mulls School Reopening, Considers Morning, Afternoon Classes
The Federal Government says it is thinking of sectionalising classes for primary, secondary, and tertiary…
Disney To Start Reopening Its Florida Theme Parks On July 15
Disney said Wednesday it has proposed a phased reopening of its Florida-based theme parks in July.
Walt…
Huawei CFO Meng Loses Key Court Fight Against Extradition To United States
Huawei Technologies Co’s Chief Financial Officer Meng Wanzhou was dealt a setback by a Canadian court on Wednesday…
Coronavirus: Ad Shift From TV To Digital Will Speed Up Even More, Goldman Sachs…
Ad budgets were already shifting from TV to digital before the coronavirus pandemic, but that's going to speed…
Boeing Planning To Lay Off More Than 6000 Employees This Week
Boeing is planning to lay off more than 6,000 employees this week in an effort to slash costs as the coronavirus…
Renault And Nissan Rule Out Merger As They Unveil Survival P lan
Renault (RENA.PA), Nissan Motor Co (7201.T) and Mitsubishi Motors Corp (7211.T) ruled out a merger on Wednesday and…
Coronavirus: France Announces €8bn Rescue Plan For Car Industry
The French government has announced an €8bn (£7.1bn) rescue plan for its car industry, which has been severely…
New HBO Streaming Video Service Launches In The US
WarnerMedia's new online video service, HBO Max, launched United States on Wednesday. The new video service is…
Trump Threatens To Regulate Social Media Companies After Twitter Warning
U.S. President Donald Trump on Wednesday threatened to regulate or shut down social media companies, one day after…
EU Unveils Plan To Borrow 750 Billion Euros To Aid Economic Recovery
he European Commission has unveiled plans for a 750 billion euro ($826.5 billion) recovery fund as the region…
Coronavirus: Google, Apple Launch Contact-Tracing App
The team developing Switzerland's coronavirus contact-tracing app says it has become the first to have launched a…
Twitter Tags Trump Tweet With Fact-Checking Warning
A post by US President Donald Trump has been given a fact-check label by Twitter for the first time.
Mr Trump…
Nigeria: Capital Importation Rises By 54% To $5.85bn In Q1
The total value of capital importation into the country rose to $5.85 billion in the first quarter of the year (Q1…
Barbershops And Salons To Open In California As State Eases Lockdown
Barbershops and hair salons can re-open with some changes to their operations in parts of California where public…
Fitch Downgrades Argentina To Restricted Default After 9th Default On External…
Argentina’s ninth default on its external debt is now official after some of its bonds were cut to default status…
Nigeria: Kaduna Extends Lockdown By Two Weeks
The Kaduna State Government has extended the lockdown in the state by another two weeks.
The two weeks lockdown…
German Consumer Confidence Improves Slightly After COVID-19 Shock
German consumer confidence recovered some of the ground lost due the coronavirus shock but it remains deep in…
Saudi Arabia To End COVID-19 Curfew Next Month
Saudi Arabia said Tuesday it will end its nationwide coronavirus curfew from June 21, except in the holy city of…
Warner Music Group Says It Is Now Worth $13.2bn
Warner Music Group (WMG), the record label of Ed Sheeran and Bruno Mars, estimates it is worth up to $13.2bn…
‘Stay At Home’ Tech Stocks Fall As Some Pandemic Lockdowns End
Stocks that seemed resilient to the Covid-19 pandemic faced pressure Tuesday, as investors rallied around a…
French Carmaker Renault To Cut 5,000 Jobs By 2024
French carmaker Renault (RENA.PA) is about to announce plans to cut 5,000 jobs by 2024 in its drive to save 2…
White Woman Fired From Job After Calling Cops Over Black Man
Denouncing “racism of any kind,” a global investment firm has fired a white woman after a viral video showed her…
Apple To Reopen About 100 More Stores In The U.S. This Week
Apple plans to open approximately 100 stores in the United States this week, a company representative told…
Gold Falls 1% As Recovery Optimism Bolsters Risk Appetite
Gold fell more than 1% on Tuesday as major economies further eased coronavirus-led restrictions, fuelling hopes of…
John Lewis Plans Phased Reopening Of Stores
John Lewis is planning a phased reopening of its stores, using lessons it has learned on social distancing from the…
New York Stock Exchange Trading Floor Reopens
The New York Stock Exchange (NYSE) has re-opened its trading floor after a two-month closure due to the coronavirus…
McLaren To Lay Off 25% Of Its Workforce As Coronavirus Halts Demand
The McLaren Group, which owns the Formula 1 team and supercar maker, has announced plans to lay off 1,200 staff, or…
Macy’s Announces $1 Billion Bond Offering To Repay Credit Facility
Macy’s Inc (M.N) said on Tuesday it planned to raise $1.1 billion in a bond offering, backed by a first mortgage on…
Nigeria: Stock Market Gains N700bn Following Gains From Blue-Chip Stocks
Trading activities on the floor of the Nigerian Stock Exchange closed bullish last week following gains recorded by…