Why Time Seems To Be Going Faster While We Are In Lockdown
As parts of the world begin to ease their lockdowns, some people are looking back and finding the time in…
UK Contributes £20m To Africa’s Anti-COVID-19 Fund
United Kingdom on Thursday said it would be investing up to 20 million Pounds in the African Union’s new ‘Africa…
Oil at highest Since March Due To Lower U.S. Inventories, Recovering Demand
Global benchmark Brent rose on Thursday to its highest since March, supported by lower U.S. crude inventories, OPEC-led supply cuts…
Another 2.438 Million Americans File For Unemployment Benefits
First-time filings for unemployment insurance totaled 2.44 million last week as the tail effects of the coronavirus shutdown continued to…
Netflix Will Start Automatically Canceling Inactive Accounts
Netflix has started to terminate accounts that people haven’t used the service for a year or more. The company announced that…
Music Industry To Nearly Double In Value By The End Of The Decade, Goldman Sachs Says
Goldman Sachs expects global music revenues to tumble by up to 25% in 2020, largely due to widespread disruption across all…
How Nigerian Fintech Firm Flutterwave Adapted To Help Small African Businesses During Lockdown
US-Nigerian fintech company Flutterwave has created an e-commerce platform for African companies, becoming the latest start-up to see opportunities in…
Coronavirus: 70% Of Dubai Companies Expects To Go Out Of Business Within Six Months, Survey Finds
DUBAI, United Arab Emirates — A staggering 70% of businesses in Dubai expect to close their doors within the next six…
Macy’s Said It Could Lose Up To $1bn Due To Lockdowns
Macy’s Inc (M.N) said on Thursday it could rack up operating losses of up to $1.11 billion in the first…
Nigeria: Lagos Doctors Call Off Sit-At-Home Strike
Lagos Branch of the Nigerian Medical Association Thursday called off its sit-at-home order over the harassment of health workers by…
Lufthansa Closes In On $10 Billion State Rescue Deal
Lufthansa said on Thursday a deal would involve the government taking two seats on its supervisory board, but it would…
Shares Lose Footing, Oil Marches On
Equity markets slipped on Thursday on concerns about the long-term impact of the new coronavirus and simmering U.S.-China tensions, though…
Nigeria: FAAN Slashes Workers’ Salaries
The Federal Airports Authority of Nigeria on Tuesday said it might not be able to pay full staff salaries as…
Coca-Cola CEO Says Economic Impact Of Coronavirus Lockdowns Is ‘Just Starting To Begin’
Coca-Cola CEO James Quincey delivered a grim forecast for the global economy’s recovery from the impact of the coronavirus pandemic on Wednesday. “The…
UAE Introduces New Coronavirus Penalties For Violators
The United Arab Emirates revised penalties for those who violate rules and will implement expanded Covid-19 measures from Wednesday, officials announced on…
The UK Just Sold Its First Ever Negative-Yielding Government Bond
he U.K. borrowed at a negative interest rate for the first time on Wednesday, amid growing fears of a deep…
Nigeria: No Forex For Goods With Local Substitutes –Emefiele
The Central Bank Governor, Mr Godwin Emefiele, has said that the CBN will not support the importation of items that…
Venezuela Files Legal Claim In Bid To Force Bank Of England To Hand Over $1 Billion Of Gold
Venezuela has launched legal proceedings to try to force the Bank of England to hand over $1 billion worth of…
Lockdowns Lead To Drastic Fall In Carbon Emissions
The coronavirus pandemic and associated lockdowns have resulted in a significant fall in worldwide carbon emissions, according to a new…
Ford Forced To Temporarily Close Factory After Two
Ford was forced to temporarily close an auto manufacturing plant in Chicago after two workers tested positive for coronavirus, the…
Nigeria Doctors To Strike Over Treatment By Police During Lockdown
Doctors in Nigeria’s commercial capital Lagos will go on strike from Wednesday evening because of what they describe as police…
Richard Branson’s Virgin Orbit To Attempt Its First Rocket Launch This Weekend
Sir Richard Branson’s Virgin Orbit is set to conduct its first orbital rocket launch as early as Saturday, in the…
Facebook Shares Hit Record High After Launch Of Online Shopping Feature
Shares of Facebook reached an all-time high of $230.75 on Wednesday, soaring as much as 6.4%, with Wall Street being bullish on…
Judge Shelves Tesla Shareholder Lawsuit Seeking To Stop Musk From Tweeting About The Company
A Delaware judge has denied a request by attorneys for Tesla shareholders to pursue a lawsuit seeking to prevent CEO…
Coronavirus: A Facebook Survey Finds That Around One-Third Of Small Businesses Have Stopped Operating
One in three of the small businesses that have shut down since the coronavirus pandemic hit don’t expect to ever…
The Pandemic Closed 90% Of The World’s Museums, And One In Eight May Never Reopen
Museums are starting to reopen in some countries as governments ease coronavirus restrictions, but experts warn that one in eight…
Target’s Online Sales Surge Eases Coronavirus Pain
A surge in Target Corp’s (TGT.N) online sales due to panic buying during the coronavirus crisis helped the big-box retailer…
Pandemic Could Cost Global Economy $82 Trillion In Depression Scenario
How badly will the coronavirus pandemic impact the economy? Does $82 trillion sound not good? That is the scary number…
World Bank Extends COVID-19 Emergency Support To 100 Countries
The World Bank on Tuesday said it had extended emergency support in the campaign against the COVID-19 pandemic to 100…
Nigeria’s Active Oil Rigs Fall By 24% To 16
The number of active oil rigs in the country fell by 23.8 per cent to 16 in April amid the…