US Probes Tyre Imports From South Korea, Thailand, Taiwan, Vietnam

US Probes Tyre Imports From South Korea, Thailand, Taiwan, Vietnam

The U.S. Commerce Department said on Tuesday it had opened investigations into vehicle tyre imports from South Korea, Taiwan, Thailand and Vietnam to determine whether the tyres are being sold at less than fair value.The department said it was also investigating whether...
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Hyundai Delivers 217,510 Units Worldwide In May

Hyundai Delivers 217,510 Units Worldwide In May

The South Korean carmaker,  Hyundai Motor Company on Monday reported a 39.3 percent decline in global sales at 217,510 units in the month of May due to slowing economic activities around the world caused by the COVID-19 pandemic.The company had sold...
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WHO Suspends Hydroxychloroquine Tests For COVID-19 Treatment

WHO Suspends Hydroxychloroquine Tests For COVID-19 Treatment

The World Health Organization (WHO) on Monday temporarily suspended clinical trials of hydroxychloroquine as a potential treatment for coronavirus. This was informed by WHO chief Tedros Adhanom Ghebreyesus via a virtual press conference. According to reports, ...
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Ten Most Dangerous Roads In The World

Ten Most Dangerous Roads In The World

 By Lance Eliot — Let’s talk about dangerous roads. In a moment, I’ll provide you with a recently published list of the presumed Top Ten most dangerous roads in the world. For some of you, the odds are that you’ll be happy...
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Covid-19: Seaport Lay Off Entire Personnel

Covid-19: Seaport Lay Off Entire Personnel

The Port of Helsinki will temporarily dismiss its entire personnel due to the impact of the coronavirus pandemic and related travel restrictions on the port’s business. “Because of this, we have been forced to start extensive cost reductions. As a...
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Japan Falls Into Recession

Japan Falls Into Recession

Japan  has fallen into recession as the financial toll of the coronavirus continues to escalate. The world’s third biggest economy shrank 3.4% in the first three months of 2020 compared to a year ago, its biggest slump since 2015. The...
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EU Diplomat Seeks Independent Investigation Of Coronavirus Origin

EU Diplomat Seeks Independent Investigation Of Coronavirus Origin

European Union (EU) foreign policy chief Josep Borrell has called for an independent scientific investigation into the origins of the novel coronavirus. In a guest column in the Frankfurter Allgemeine Zeitung newspaper on Friday, Borrell called on China, where...
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Uber Loses $2.9b In Q1

Uber Loses $2.9b In Q1

For the first quarter of 2020,  Uber lost $2.9 billion as its overseas investments were impacted by the coronavirus pandemic.  Meanwhile, the company is looking to its growing food delivery business and aggressive cost-cutting to ease the pain.T...
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Over 40m People Face ‘Desperate Food Shortages’ In West Africa

Over 40m People Face ‘Desperate Food Shortages’ In West Africa

The World Food Programme (WFP) has warned that no fewer than 40 million people across West Africa face “desperate food shortages in coming months”. Its spokesperson, Ms Elisabeth Byrs, gave the warning during a virtual news briefing on Tuesday. Byrs...
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UN Warns Of Food Crisis In Nigeria, Sudan, Syria, Others

UN Warns Of Food Crisis In Nigeria, Sudan, Syria, Others

The world is at risk of widespread famines “of biblical proportions” caused by the coronavirus pandemic, the UN has warned. David Beasley, head of the World Food Programme (WFP), said urgent action was needed to avoid a catastrophe. A report...
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US Death Toll Passes 2,000 In A Day

US Death Toll Passes 2,000 In A Day

The US has become the first country in the world to record more than 2,000 coronavirus deaths in a single day. Figures from Johns Hopkins University show 2,108 people died in the past 24 hours while there are now more...
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WHO: 5G Not Spreading Coronavirus

WHO: 5G Not Spreading Coronavirus

The World Health Organisation (WHO) has dismissed the 5G coronavirus conspiracy theory and declared that viruses cannot travel on radio waves or mobile networks. The organisation said in a statement on Friday that contrary to the theory, COVID-19 is a...
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Extreme Poverty Looms As Coronavirus Persist

Extreme Poverty Looms As Coronavirus Persist

As the world grapple with the ravaging effect of coronavirus pandemic, the economic fallout could increase global poverty by as much a half a billion. A United Nations (UN) study into the financial and human cost of the pandemic has...
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Americans To get $1,200 Each As Trump Signs Historic $2.2tri Financial Stimulus Bill

Americans To get $1,200 Each As Trump Signs Historic $2.2tri Financial Stimulus Bill

President Donald Trump on Friday signed the $2.2 trillion (N827 trillion) financial stimulus package to cushion the economic impact of the coronavirus pandemic in the United States. This came hours after the country’s House of Representatives approved the bi...
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