Auto Sector Faces Biggest Crisis In 13 Years

Auto Sector Faces Biggest Crisis In 13 Years

The automotive sector is facing its biggest challenge since the 2007-2009 financial crisis with 97% of light vehicle (LV) manufacturing plants in Europe and North America temporarily shut down.Already, key players in the sector are negotiating financial life line and...
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IOSCO Staff Tests Positive For Covid-19

IOSCO Staff Tests Positive For Covid-19

The IOSCO General Secretariat on Friday confirms that a member of its staff at its headquarters in Madrid has tested positive for Covid-19.IOSCO explained that the  individual is receiving medical treatment and “we wish our colleague a quick and full...
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New Kia Sorento Displays Strength, More Innovations

New Kia Sorento Displays Strength, More Innovations

The new Kia Sorento was revealed for the first time on Wednesday. Powerful, progressive and versatile, the fourth generation of Kia Motors Corporation’s flagship SUV is designed and engineered to take on everything life throws at it. Raising standards i...
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Ecobank Transnational Incorporated Rejigs Board

Ecobank Transnational Incorporated Rejigs Board

Ecobank Transnational Incorporated, ETI, the Lomé-based parent company of the Ecobank Group, has announced two new appointments and changes on its Board of Directors.A statement issued by Group Head, Corporate Communications Ecobank Transnational Incorporated...
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Nigeria High Commission In Canada Suspends Passport Issuance

Nigeria High Commission In Canada Suspends Passport Issuance

The Nigeria High Commission in Ottawa, Canada, on Tuesday said that it had suspended passport processing for Nigerians in different Canadian communities, to prevent the spread of the Coronavirus (COVID-19).The commission said in a statement made available to t...
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BMW Rejigs Logo

BMW Rejigs Logo

The Bavarian Motor Works (BMW) has  rejiged its logo to a more transparent variant essentially for brand communication. This logo update is the sixth version since its first introduction in 1917.A statement explained that while the rejig is more than...
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Banks Brace For Coronavirus

Banks Brace For Coronavirus

Many of the City of London’s biggest institutions are taking steps to combat the spread of the coronavirus. On Monday many of JPMorgan’s UK-based staff are being temporarily moved to a different office. They’re not alone. Goldman Sachs last w...
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Italy To Quarantine 16 Million People

Italy To Quarantine 16 Million People

Italy is set to lock down at least 16 million people in the region of Lombardy and in 11 other provinces in the north and east of the country. The mandatory quarantine will last until early April. The dramatic escalation...
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Coronavirus: California Declares Emergency

Coronavirus: California Declares Emergency

California has declared a state of emergency after announcing its first coronavirus death, bringing the US death toll from the disease to 11. The 71-year-old man had underlying health conditions and had been on a cruise ship, said officials. Eleven...
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Toyota Explains $1.2b New Plant

Toyota Explains $1.2b New Plant

Despite onging ravaging effect of Coronavirus, Japanese automaker Toyota plans to build a new electric vehicle plant in the Chinese city of Tianjin with its local partner FAW Group.The joint venture between Toyota and FAW plans to invest around 8.5...
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Coronavirus: Emirates Airline Asks Staff To Proceed On One Month Unpaid Leave

Coronavirus: Emirates Airline Asks Staff To Proceed On One Month Unpaid Leave

Major international airline, Emirates, is asking staff to take unpaid leave for up to a month at a time due to the rapidly spreading coronavirus that has led to flight cancellations around the world.Emirates has cancelled flights to Iran, Bahrain...
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Hyundai Appoints Jeong As Vice President Of Middle East and Africa

Hyundai Appoints Jeong As Vice President Of Middle East and Africa

Hyundai Motor Company has announced the appointment of Bang Sun Jeong as their new Vice President of the Middle East and Africa region.Based at Dubai’s regional headquarters in the United Arab Emirates, Jeong will oversee the day-to-day operations and will.....
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Gambling Affiliates Lose 70% In Stock Market Value

Gambling Affiliates Lose 70% In Stock Market Value

Data gathered and calculated by GoldenCasinoNews.com indicates that the top five gambling affiliate companies have lost 70% in stock market value over the last two years.The affected affiliates include Gaming Innovation Group, whose value has declined by -87.7...
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Iran To Acquire 158 New Ships

Iran To Acquire 158 New Ships

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