Coronavirus Delays Coffee Growers From Harvest
May 11, 2020
10:10 am
South American coffee growers may delay harvest this year and limit the number of workers they employ as the novel
Business
Oil Glut Drives Oil Prices Lower
May 11, 2020
9:45 am
Oil prices opened about 1% lower on Monday in Asia as a persistent glut continued to weigh on prices and
Saudi Arabia Jacks Up VAT 200%
May 11, 2020
6:44 am
Saudi Arabia will increase its value-added tax (VAT) from five to 15 per cent in July, as part of moves
Pandemic A Major Blow For Airbnb
May 10, 2020
10:56 am
Athens Airbnb host Romina Tsitou says she may have to put her two apartments in Koukaki district up for long-term
World Bank Grants $400m Aid To Afghanistan
May 9, 2020
7:57 am
The World Bank has approved financial aid worth $400 million to help Afghanistan’s economy and mitigate risks compounded by the
Samsung Heir Apologises Over Corruption Scandal
May 7, 2020
6:49 am
The heir to the Samsung empire bowed in apology Wednesday for company misconduct including a controversial plan for him to
General Electric To Cut 10,000 Aviation Jobs
May 5, 2020
6:15 pm
General Electric announced Monday it will cut an additional 10,000 jobs from its aviation sector as the coronavirus pandemic decimates
Australia Loses $2.5b Weekly To Virus Shutdown
May 5, 2020
7:22 am
Australia is losing US$2.5 billion every week its virus shutdown continues, according to figures announced Tuesday. A million workers have
Stop The Retrenchment Now, CBN Orders Banks
May 4, 2020
6:26 am
The Central Bank of Nigeria, CBN, has ordered banks to stop any form of retrenchment of workers now. Isaac Okorafor
Recession: 2020 Will Be Difficult Year – Okonjo To Buhari
May 4, 2020
6:18 am
Nigeria’s former Finance Minister, Okonjo-Iweala, has warned that recession and difficult times are ahead amid the coronavirus pandemic. Iweala said
U.S.-China Trade Tension Drags Down Oil Prices
May 4, 2020
6:17 am
Oil prices fell in early trade on Monday, paring last week’s gains, on worries the global oil glut may persist
Warren Buffet’s Berkshire Hathaway Makes $50b Loss In Q1
May 3, 2020
6:56 am
Warren Buffett’s Berkshire Hathaway Inc. reported a record $49.75 billion first-quarter net loss on Saturday at the annual general meeting.
