UK Prime Minister Announces “Careful Steps” To Ease Stay-At-Home Order
United Kingdom Prime Minister Boris Johnson has unveiled the “careful steps” the government will take to ease…
Coronavirus: What Shape Will The Recession Be?
Even though countries are now moving towards easing lockdown restrictions, the coronavirus pandemic has already hit…
Emirates Airline Reports 21% Increase In Full-Year Profit
DUBAI, United Arab Emirates — Dubai state carrier Emirates Airline reported a 21% increase in its full-year…
Travel Changed After 9/11; Here’s How It Will Look After The Covid-19 Pandemic…
The coronavirus has devastated economies around the world and disrupted life in ways that were unimaginable…
Italy To Give Further Support To Companies Including Tax Incentives, Hybrid Bonds:…
Italy’s government is readying new measures to support companies struggling due to the coronavirus crisis,…
UK To ‘Slowly And Cautiously’ Ease Lockdown To Restart economy:…
The British government wants to slowly and cautiously restart the economy, housing minister Robert Jenrick said on…
China Central Bank Signals More Policy Measures To Support Virus-Ravaged Economy
China’s central bank said on Sunday it will step up counter-cyclical adjustments to support the economy and make…
U.S. To Begin Purchasing $3 billion Worth Of Farm Goods
President Donald Trump on Saturday said the United States will next week begin purchasing $3 billion worth of…
Major U.S Airlines Endorse Temperature Checks For Passengers
A major U.S. airline trade group on Saturday said it backed the U.S. Transportation Security Administration (TSA)…
Brazil’s Central Bank To Shower Economy With Money In Case Of Depression:…
Brazil’s Economy Minister Paulo Guedes on Saturday said the country’s central bank is likely to shower the economy…
More Than Ever, The World Looks To Central Bankers For Deliverance
The economic and financial carnage wrought by the pandemic could leave deep scars on the world economy. Central…
Coronavirus: Most Jobs Will Not Return
The pandemic and subsequent recovery will accelerate the ongoing digitalization and automation of work—trends that…
The Normal Economy Is Never Coming Back
As the lockdowns began, the first impulse was to search for historical analogies—1914, 1929, 1941? Since then, what…
Sweden’s Chief Scientist Admits The Country Could Have Done Some Things…
Sweden’s decision to avoid a strict lockdown like its European neighbors drew global attention and was not…
TikTok Has Quietly Made London Its Main Hub In Europe
TikTok, the wildly popular social media app that has become a go-to app for young people, has quietly made…
Why The Stock Market Is Up Even With Historic Job Losses
A record number of Americans just lost their job, and yet stocks are moving higher. This seems paradoxical…
Musk Says Tesla Is Prepared To Move Out of California Amid Fight Over Factory…
CEO Elon Musk said on Twitter Saturday that the company is preparing to file a lawsuit against Alameda County, and…
Nigeria: Non-Oil Goods Account For Nigeria’s 22% Exports – NPA
Nigerian ports handled 191 million metric tonnes of export cargo in 2019.
Out of these, crude oil accounted for…
US Slashes Imports Of Nigerian Oil By 60%
The United States cut its imports of Nigerian crude oil by 60.37 per cent to 1.93 million barrels in January this…
New Study Claims Vitamin D Deficiency May Impact Coronavirus Mortality Rates
Researchers have discovered a strong correlation between vitamin D deficiency and mortality rates from the novel…
The ‘Silver Lining’ In The Dismal U.S. Jobs Report
Despite shedding a whopping 20.5 million payrolls and unemployment soaring to 14.7% in April, the U.S. labor market…
Tesla Secures $565 Million Loan For Shanghai Factory
Electric carmaker Tesla Inc has entered into an agreement for a working capital loan of up to 4 billion yuan…
Google Announces Company Holiday On May 22 To Stem Work-From-Home Burnout
Alphabet Inc’s Google said on Friday it has asked employees to take a day off on May 22, to address…
California County Says Tesla Not Cleared To Reopen Vehicle Factory After Musk…
Tesla Inc “must not reopen” its vehicle factory in the San Francisco Bay area as local lockdown measures to curb…
Kenya And Uganda Hit By Power Blackout
Kenya and Uganda were hit by a power blackout on Saturday, and Kenya Power said the outage on Kenya’s grid was…
Pfizer To Outsource Some Drug Production, Focus On Coronavirus Vaccine
Pfizer Inc (PFE.N) said on Friday it is in talks to shift more of its medicine production to outside contractors as…
Coronavirus Inflicts Huge U.S. Job Losses As Pandemic Breaches White House Walls
The U.S. government reported more catastrophic economic fallout from the coronavirus crisis on Friday as the…
Coronavirus: US To Borrow Record $3tn As Spending Soars
The US has said it wants to borrow a record $3tn (£2.4tn) in the second quarter, as coronavirus-related rescue…
Coronavirus Sends U.S Unemployment Rate To 14.7%
The US unemployment rate has risen to 14.7%, with 20.5 million jobs lost in April, as the coronavirus pandemic…
80 Million Chinese May Already Be Out Of Work
Wang is used to job hunting in China.
The 26-year old tech worker spent the last year jumping from one startup…