Coronavirus: Anti-Lockdown Car Protest In Spain Draws Thousands
Thousands of people in Spain are protesting against the government’s handling of the coronavirus outbreak. The far-right Vox party urged…
China Scraps Annual Economic Growth Target For First Time
China will not set an economic growth goal for this year as it deals with the fallout from the coronavirus…
Nigeria: Oil, Gas Revenue Dropped By N425.52bn In Q1 –Minister
The country’s revenue from oil and gas dropped by N425.52bn in the first quarter of 2020 to N940.91bn, Minister of…
Facebook Employees May Face Pay Cut If They Move To Cheaper Areas To Work From Home
Mark Zuckerberg says he expects about half of Facebook Inc.’s employees to work from home five to 10 years from…
Coronavirus: Jaguar Seeks State Loan As Pandemic Takes Toll
Jaguar Land Rover (TAMO.NS) is in talks with the British government about a request for temporary state funding of more…
Alibaba Sees China Retail Volume Growing Near Pre-Pandemic Levels But Stock Falls Amid U.S.-China Tensions
Alibaba Group Holding Ltd. said that volume on its China retail marketplaces was back to growing at near pre-pandemic rates,…
UK To Require Employers To Pay 20-30% Of Furloughed Wage Cost
The United Kingdom has drawn up plans to require employers to cover 20% to 30% of furloughed employees’ wages from…
UK Court Throws Out Nigeria’s $1bn Bribery Case
An English court threw out a $1.1bn case Nigeria brought against Royal Dutch Shell and Eni relating to a dispute…
Nigeria:Lagos State’s IGR More Than The Combined Total Of 26 Other States
Lagos State has retained its place as Nigeria’s economic capital, generating N398.7bn in 2019 alone. The sum is the equivalent…
Argentina Defaults On Bond Payments As Debt Talks Heat Up
Argentina missed payments on around $500 million in already delayed bond coupons on Friday, creditors and a ratings agency said,…
American Billionaires Got $434 Billion Richer During The Pandemic
America’s billionaires saw their fortunes soar by $434 billion during the U.S. lockdown between mid-March and mid-May, according to a…
U.S. Accuses China Of Blocking U.S. Flights, Demands Action
The U.S. government late on Friday accused the Chinese government of making it impossible for U.S. airlines to resume service…
Brazil Debt To Hit Record 93.5% Of GDP This Year: Economy Ministry
Brazil’s national indebtedness will soar to record levels this year due to the coronavirus crisis, with gross national debt reaching…
Hertz Stock Plunges 30% After Report Saying Bankruptcy Filing Is Imminent
Shares of Hertz Global Holdings Inc. HTZ, -7.49% fell more than 30% in the extended session Friday after The Wall…
Rental Car Giant Hertz Files For U.S. Bankruptcy Protection
The more than a century old car rental firm Hertz Global Holdings Inc (HTZ.N) filed for bankruptcy protection on Friday…
US To Blacklist 33 More Chinese Firms
The United States said on Friday it would add 33 Chinese firms and institutions to an economic blacklist for helping Beijing spy…
UK Borrowing At Record High As Virus Cost Soars
Government borrowing surged to £62bn in April, the highest monthly figure on record, after heavy spending to ease the coronavirus…
E.l.f. Beauty Shares Rise After Company Reported Triple-Digit Online Sales Growth
Shares of E.l.f. Beauty surged more than 5% in extended trading Thursday after the cosmetics company said sales rose 13%…
Alibaba’s Sales Surge As People Shop Online During Lockdown
As people stayed indoors and brick-and-mortar stores remained shut during the health crisis, online orders surged, with the company’s core…
Organizers Cancel 2020 New York Auto Show
Organizers said Friday they were canceling the 2020 New York auto show that had previously been pushed back until August,…
Osaka Becomes World’s Highest-Earning Female Athlete
Japan’s Naomi Osaka has surpassed Serena Williams as the world’s highest-paid female athlete, raking in $37.4 million in prize money…
South America Is A ‘New Epicenter’ Of The Coronavirus Pandemic, WHO Says
The epicenter of the global Covid-19 pandemic has shifted to South America as cases in Rio de Janeiro and Sao…
Hong Kong Tensions Shocks World Stock Markets, Oil Tumbles
Oil prices tumbled and global equity markets wavered on Friday as China’s move to impose a new security law on…
Unemployment Rose In All 50 U.S. States In April
Unemployment rates rose and total employment fell in all 50 U.S. states and the District of Columbia in April as…
Plane Crashes In Pakistan With 99 On Board, Many Feared Dead
A Pakistan International Airlines (PIA) plane with 99 passengers and crew crashed into a residential area of the city of…
Nigeria May Go Into Recession – Zainab Ahmed
Zainab Ahmed, Nigeria’s Finance Minister, has said that the country may go into recession due to the slowing down of…
The Dow Closes Down 102 Points Due Partly To Rising Unemployment In The US
U.S. stocks finished lower Thursday, with investors pointing to elevated tensions between Washington and Beijing and a stream of poor…
Zuckerberg Defends Facebook’s Actions On Coronavirus Misinformation
Facebook founder Mark Zuckerberg has told the BBC that it had and would remove any content likely to result in…
Amazon Trials Online Food Delivery In India
Internet giant Amazon is entering the meal delivery business with a trial in four parts of India’s Bengaluru. The move…
Coronavirus: EasyJet Passengers Will Be Required To Wear Masks
EasyJet has said it will resume some flights on 15 June, with all passengers and cabin crew told to wear…