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President Trump Spending $10 Million on Ads for Re-election Campaigns

Incumbent U.S President Donald Trump officially launched his re-election campaign in upcoming U.S Presidential election set to happen later in the year. Republican President Trump will be taking Democratic nominee and former U.S Vice President Joe Biden head on in the election. According to an insider source who sought anonymity, Trump will be spending a […]

Disney Cuts Profit by $1.4 Billion Withdraws Dividend Payment due to Pandemic

Entertainment Company Walt Disney Co. (DIS) has provided measures it will be taking so as to enable the company overcome the pandemic while maintaining losses at minimum levels possible. Disney has announced it will be reducing profit by $1.4 billion, the company said a large chunk of this loss will be coming from its theme […]

Google and Apple Forbid Use of Location Data in Contact Tracing

Not long ago, leading tech giants Alphabet Inc. (GOOGL) and Apple Inc. (AAPL) joined fight against global breakout of deadly coronavirus by use of technology. The tech companies introduced apps that would help individuals know when they have been exposed like maybe when they come into contact with infected persons or high risky areas. This […]

Pompeo Has Enough Evidence to Prove COVID-19 Emanated From Chinese Lab

The United States and China have been at logger heads concerning origin and breakout of deadly coronavirus. It all started by U.S accusing China of developing the virus in a Wuhan lab covering evidence and silencing involved sources. In response for a while, China lynched the same accusations towards the U.S claiming the U.S military […]

Twitter Beats Analysts’ Estimates in First Quarter Report

Widely used social network company Twitter Inc. (TWTR) has announced its results for the first quarter ending March 31, the company performed relatively well in the quarter beating several analysts’ estimates. In the quarter, daily Twitter users who can view ads increased by 26% to 166 million, a number above what analysts had estimated by […]

Airbus Profits Slump by 49% in Worst Ever Quarter for the Industry

The airline industry turns out as among the greatly affected by coronavirus pandemic with many players in the industry calling out for injections and bailouts if they are to get back on their feet. Europe largest aerospace company Airbus SE (EPA: AIR) posted its quarterly results recording a 49% decline in profit after recording 281 […]

Fords Nets $2 Billion Losses in a Pandemic Fueled First Quarter

World known automaker Ford Motors Co (F) has released its first quarter results for the year for the period ended March 31, from the results by the company, without a doubt current state of the global economy affected performance of the company in the quarter. In the first quarter, the automaker reported losses amounting to […]

Adidas Sharply Misses Q1 Estimates Says Q2 May be Worse

Terrible First Quarter German based sportswear manufacturer Adidas AG (ETR: ADS) has reported plunged results for the first quarter of the year ending March 31. The company attributes losses to global breakout of deadly coronavirus which has brought economies to standstill more so in the sporting industry where the company thrives in. In the first […]

German Changes Stand on Tech Used by Apple and Google to Combat COVID-19

Two weeks ago, two leading American tech companies Apple Inc. (AAPL) and Alphabet Inc. (GOOGL) announced a partnership working together on a smartphone technology that will help in tracing of persons infected with coronavirus. Additionally, the technology will be notifying non infected persons once they come into contact or near persons who had earlier been […]

Hertz Working to Restructure Debts Following Demand Decline in Car Rental

U.S based car Rental Company Hertz Global Holdings Inc. (HTZ) has announced its ongoing plans whereby the company is currently engaging debt restructuring experts in pursuit of viable options which the company can take after coronavirus pandemic to reinforce its financial outlook. Information from the company’s insiders indicates the global pandemic has forced demand of […]