Aviation

Airlines face $100 billion-plus virus hit, discounts ‘wouldn’t do any good’

Ihesiulo Grace 5 March 2020 0

The coronavirus epidemic could rob passenger airlines of up to $113 billion in revenue this year, an industry body warned on Thursday, while the head of a large U.S. airline said the drop-off in travel demand seemed driven more by fear than economics, similar to what happened after the

Business Economy Money Money World

Global stocks, pound rise on cautious Brexit deal hopes

Ihesiulo Grace 15 October 2019 0

Asian stocks and the pound gained on Tuesday as investors held out hope that Britain still had a chance of avoiding a messy exit from the European Union (Brexit) at key negotiations this week. MSCI’s broadest index of Asia-Pacific shares outside Japan was up 0.1 per cent. Australian shares were up 0.17 per cent, while […]

Banking Business

Keystone Bank announces appointment of 3 executive directors

Ihesiulo Grace 7 August 2019 0

Temitope Adebayo As part of a strategy to realign its operations for sustained business growth, Keystone Bank Limited has appointed three executive directors as members of its board of directors. The new directors who were appointed at the 49th yearly general meeting of the bank in Lagos recently, subject to the approval of the Central […]

World

U.S. Secretary of State cuts short Africa trip to return to Washington

Ihesiulo Grace 12 March 2018 0

The United States, U.S. Secretary of State, Mr. Rex Tillerson has cut short his first trip to Africa to return to Washington about one day ahead of schedule, according to a Reuters’ report from Nairobi, Kenya. “Tillerson’s travel plans have changed so that he can return to Washington early on Tuesday morning instead of late […]

World

Doomsday Clock Moves Closer to Midnight-Scientists Announce

Ihesiulo Grace 27 January 2017 0

The minute hand of the Doomsday Clock, which indicates how close the world’s leading scientists think we are from destroying the planet, has moved forward to two and a half minutes to midnight, scientists announced today in Washington, D.C. Midnight on the clock represents doomsday. The closer the minute hand is to midnight, the higher […]

News

Amtrak Train Derail: 5 Dead, 136 Injured

Ihesiulo Grace 13 May 2015 0

  No fewer than 136 people have been reported injured and 5 dead following the derailing of the Amtrak Northeast Regional Train. The passengers were travelling from Washington to New York when it derailed in the Port Richmond neighborhood of Philadelphia about 9:30 p.m. Tuesday. The impact tore cars apart and left the engine a […]