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 pirated broadcasts of Qatari…
Oracle Misses Revenue Estimates On Delayed Sales Orders
Business software maker Oracle Corp reported quarterly revenue below Wall Street targets on Tuesday, hurt by weaker sales in its…
U.S. Bank Profits Plunge 70% On Coronavirus Loss Provisioning
U.S. bank profits fell by 69.6% to $18.5 billion in the first quarter of 2020 from the year prior as…
Trump Signs Executive Order On Police Reform After Weeks Of Protests
US President Donald Trump has signed an executive order introducing several police reforms while rejecting calls to defund or dismantle…
Dow Jumps More Than 500 Points As Wall Street Cheers Record Retail Sales Comeback
Stocks rose on Tuesday as a record jump in retail sales — coupled with positive trial results from a potential…
US Retail Sales Increased 17.7% In May After Biggest Decline In History
Retail sales in the US increased by more than 17 per cent in May, according to figures released by the…
EU Launches Anti-Trust Probes Into Apple’s App Store And Apple Pay
The European Commission announced Tuesday that it’s launching two antitrust investigations into Apple’s App Store rules and the Apple Pay…
Coronavirus: AfDB Forecast $88.3 Billion Drop In Africa’s GDP
The African Development Bank (AfDB) has projected that the ongoing Coronavirus (COVID-19) pandemic ravaging economies globally could cause Africa’s Gross…
TikTok Clone Zynn Removed From The iOS App Store
Zynn, the Chinese video sharing app that’s a near button-for-button clone of TikTok, has been removed from Apple’s App Store.…
Facebook Launches WhatsApp Digital Payment Service
WhatsApp has launched its digital payments service in Brazil as the messaging app capitalises on its popularity in emerging markets.…
North Korea Blows Up Joint Liaison Office With South In Kaesong
North Korea has blown up a joint liaison office with the South near the North’s border town of Kaesong. The…
U.S. And China Both Topple In Rankings Of The Best Places To Work And Do Business
While major countries vie for economic dominance, smaller nations could actually be more effective locations for individuals to work and…
China’s Economy May Grow 3% In 2020, Government Researcher Says
China’s economy may grow 3% this year as the government ramps up policy support, said Zhang Ming, a researcher at…
Beijing Tightens Controls Amid Spike In Local Coronavirus Cases
The Chinese capital Beijing has put more neighbourhoods under lockdown and boosted testing as it tries to contain an outbreak…
Nigeria: Stock Market Rises Slightly As Investors Gain N90bn
The nation’s stock market rose by 0.67 per cent last week as the market capitalisation increased by N90bn. The Nigerian…
Shoppers Rush To The High Street As England Stores Reopen
Demand across England’s High Streets, retail parks and shopping centres surged on Monday as some shops reopened after a three-month…
JPMorgan To Bring Back More Traders To Office Next Week
JPMorgan Chase & Co (JPM.N) plans to start returning more traders to its Manhattan trading floors starting next week, Bloomberg…
Oscars Delayed Until April 25; Film Eligibility Window Extended
The 93rd Academy Awards will take place in April next year. On Monday, the Academy of Motion Picture Arts and…
U.S. Open Will Go Ahead Without Fans Amid COVID-19: Reports
The New York Times, which both cited unnamed sources, said the USTA announce this week that it will hold the…
US ‘Outraged’ As Russia Jails Ex-Marine For ‘Spying’
The US has said it is “outraged” after Russia sentenced an ex-US marine to 16 years in a high security…
EU And UK Agree To Speed Up Brexit Trade Talks With Plans To Hold Weekly Negotiations
The European Union and the U.K. government have decided to intensify Brexit talks over the coming weeks amid growing concerns…
Bankrupt Hertz To Sell Up To $500 Million In New Shares
Hertz Global Holdings Inc (HTZ.N) will sell up to $500 million in new shares, the car rental firm said on…
Germany Says Its Coronavirus Contact Tracing App Is Ready
Germany’s health minister said Sunday that its contact tracing smartphone app will be launched this week, Reuters reported. The app…
Chinese Capital Reinstates Curbs As Coronavirus Resurfaces
Several districts of the Chinese capital put up security checkpoints, closed schools and ordered people to be tested for the…
Walmart Partners With Shopify To Expand Online Marketplace Business
Walmart Inc (WMT.N) said on Monday it has partnered with e-commerce firm Shopify Inc (SHOP.TO) (SHOP.N), as it looks to…
Europe Reopens Borders But Long Road For Tourism To Recover
Borders opened up across Europe on Monday after three months of coronavirus closures that began chaotically in March. But many…
Systemic Racism Slows Economic Growth: Dallas Fed Chief Kaplan
Systemic racism and high unemployment levels among black and Hispanic Americans create a drag on the U.S. economy, Dallas Federal…
Coronavirus: India To Use 500 Train Carriages As Wards In Delhi
India is to convert another 500 railway carriages to create 8,000 more beds for coronavirus patients in Delhi, amid a…
Atlanta Police Chief Resigns Over Rayshard Brooks Shooting
Atlanta’s police chief has resigned after the fatal shooting of an African-American man who had fallen asleep in his car…
U.S., Brazil In Talks On Funding To Buy 5G Gear From Ericsson, Nokia
The United States is in talks with Brazil and its local telecommunications companies on funding the acquisition of fifth-generation gear…