Monday, July 06, 2020
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Economic

Electric car firm Tesla has been ordered to keep its main plant in the US closed, as California grapples with a coronavirus outbreak.

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Economic

A new report published by the Institute for Policy Studies IPS showed that the wealth of American billionaires, such as: Amazon founder (Jeff Bezos), and Tesla's president (Elon Musk), rose by almost 10% during the emerging coronary virus (Covid-19) pandemic (COVID-19).

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Economic

Japan is committing nearly $1 trillion to try to protect its economy from the fallout from the coronavirus pandemic.

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Economic

United States stocks jumped on Friday as some states prepared to relax coronavirus-related stay-at-home orders and tech investors pushed Apple and Microsoft shares higher. 

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Economic

Oil prices skidded on Monday after negotiations between Saudi Arabia and Russia to cut output were delayed, keeping oversupply concerns alive, while stocks jumped as investors were encouraged by a slowdown in coronavirus-related deaths and new cases.

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Economic

Virgin Australia has confirmed it has entered voluntary administration - making it Australia's first big corporate casualty of the coronavirus pandemic.

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Economic

Tororo and Mbale Central Markets have continued to operate normally despite the directives by President Yoweri Kaguta Museveni on controlling public gatherings to control the spread of the Coronavirus (COVID -19) pandemic.

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Economic

Amazon has started to develop a test for the novel coronavirus in order to help restart the battered economy.

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Economic

Market vendors in Kampala are embracing online services to deliver foodstuffs to their customers because of the travel restrictions because of COVID19.

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Economic

The United States Department of Justice and other federal agencies on Thursday called on the Federal Communications Commission (FCC) to revoke China Telecom Americas Corp's authorisation to provide international telecommunications services to and from the US.

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