Business

United Nations Security Council imposed new sanctions on North Korea

The resolution, which dramatically expands existing sanctions, follows the North’s fourth nuclear test on January 6 and a long-range rocket launch on February 7, which the United States and South Korea said violated existing Security Council resolutions.

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OPEC unlikely to cut output at June meet

Citing OPEC sources and delegates, Reuters reports Tuesday that a cut in production is very unlikely at OPEC’s next meeting in June even if prices remain extremely low, as it will be too early to say how fast Iranian output is rising.

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MTN to cut FY dividend ahead of Nigeria fine settlement

THE Minister of Communications, Adebayo Shittu, has said government would start a round of fresh talks with MTN very soon over the N780 billion ($3.9 billion) slammed on it by the Nigerian Communications Commission (NCC) for contravening regulatory orders.

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Google Takes Responsibility For Driverless Car Crash

The case is thought to be the first of its kind, where an autonomous auto has hit another vehicle. The incident is seen as the first case in which the fault is that of the self-driving auto. “This type of misunderstanding happens between human drivers on the road every day”, Google said as part of its monthly report on autonomous ...

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‘Humane Approach Should Be Taken on Release of Rajiv Case Convicts’

“They should not be released”, Congress leader Mallikarjun Kharge told the media on the issue of Rajiv Gandhi’s killers release.

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Ola launches Bike Taxis service

Uber is not restricting itself to a cab provider only and is foraying into bike-taxi service. It is an on-demand motorcycle service that will allow users to conveniently book a rise with a press of a button.

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Venezuela, Qatar, Saudi Arabia, Russia to meet to stabilize oil market

Oil prices could move back above $50 a barrel within a year as an OPEC initiative to freeze production gains support, and smaller producers go to the wall. Zangeneh told reporters after the meeting that an understanding had been reached at the end of the talks for OPEC and non-OPEC oil producers to keep their current output ceiling to help ...

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New Hampshire paper that endorsed Christie: ‘Boy, were we wrong’

In 2015, Christie cut the contribution from 2.25 billion to $681 million, and this year his budget calls for a $1.9 billion payment to the state pension fund – short of the $3.8 billion payment he and the legislature agreed to pay in the 2011 law.

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Hillary eyes landslide victory in SC primary

With 100 percent of precincts reporting, 73 percent of voters chose Clinton. Expect Clinton’s team to argue that Sanders can’t be the nominee if he can’t win them over. Martin O’Malley, who suspended his campaign on February 1, was still listed on the ballot and pulled in 714 votes.

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Police Begins Rescue Operation for Kidnapped Lagos Schoolgirls

Olaoluwa Adeyemi, principal of Babington Macaulay Junior Seminary School, Ikorodu, Lagos, on Wednesday revealed that his students “put up a good fight” against the men who abducted three of their colleagues.

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