Shell Cuts Dividend for First Time Since 1940s as Oil Demand Collapses

BusinessCoronavirusWorld NewsShell Cuts Dividend for First Time Since 1940s as Oil Demand Collapses

PilotnewsApril 30, 2020

Royal Dutch Shell RDSa cuts its dividend for the first time in 80 years and suspended the next tranche of its share buyback programme following the collapse in global oil demand due to the coronavirus pandemic. Chief Executive Ben van Beurden said this in a statement issued on Thursday in London. “Given the continued deterioration in the macroeconomic outlook and the significant mid and long-term uncertainty, we are taking further prudent steps to bolster our...

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COVID-19 Pandemic Shatters Olympics Plan, Japan’s PM says

SportsWorld NewsCOVID-19 Pandemic Shatters Olympics Plan, Japan’s PM says

PilotnewsApril 29, 2020

Prime Minister Shinzo Abe said on Wednesday that the Tokyo Olympics may not take place next year unless the coronavirus pandemic is contained. His comment has come as the Japanese capital city’s governor requested an extension of Japan’s state of emergency. The International Olympic Committee (IOC) and the Japanese government last month postponed the Games until July 2021 because of the coronavirus crisis. With the epidemic’s worldwide infection rate climbing and experts suggesting a vaccine...

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Construction Site Fire in South Korea Kills at Least 38

PeopleWorld NewsConstruction Site Fire in South Korea Kills at Least 38

PilotnewsApril 29, 2020

A fire at a construction site in South Korea killed at least 38 people and injured another 10 on Wednesday, fire authorities said. The fire broke out when workers were building a warehouse in the city of Icheon, about 80 kilometres (50 miles) southeast of Seoul, they said. They said, “rapid combustion” occurred while workers were working on an underground level of the warehouse, adding that they are investigating the cause of the blaze. A...

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Contributions to UN COVID-19 Plans hit $1bn — Deputy Chief

NewsNigeriaWorld NewsContributions to UN COVID-19 Plans hit $1bn — Deputy Chief

PilotnewsApril 27, 2020

The United Nations (UN) Deputy Secretary-General, Ms. Amina Mohammed, on Monday said over one billion dollars (N376 billion) has so far been realised from contributions to the organisation’s Coronavirus (COVID-19) response plans. Mohammed disclosed this during a virtual new conference from New York on the launch of two initiatives in support of the UN COVID-19 response efforts. “As with all things, fundraising has become quite a challenge. “In as much as we expect to have...

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PM Johnson quashes Hopes of Early Easing of Britain’s COVID-19 Lockdown

CoronavirusWorld NewsPM Johnson quashes Hopes of Early Easing of Britain’s COVID-19 Lockdown

PilotnewsApril 27, 2020

Britain is “turning the tide” in its fight to curb the spread of the novel coronavirus, but must continue social-distancing measures to avoid a second peak of infections, Prime Minister Boris Johnson said. Johnson said this in his first speech on Monday since returning to work after his own infection with the virus. He urged the public not to “throw away all the effort and sacrifice” and risk a second peak by lifting Britain’s near-lockdown...

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FIFA proposes Up to Five Substitutions Per Match on a Temporary Basis

CoronavirusSportsWorld NewsFIFA proposes Up to Five Substitutions Per Match on a Temporary Basis

PilotnewsApril 27, 2020

FIFA has proposed that teams should be allowed to make up to five substitutions per match, instead of the usual three, as a temporary measure to help cope with potential fixture congestion in the aftermath of the novel Coronavirus outbreak. Football has been at a standstill since mid-March but many leagues and federations are still hoping to complete the season but to do so they would have to cram fixtures into a shorter period than...

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3 more COVID-19 Patients Retest Positive After Recovery in Vietnam

CoronavirusWorld News3 more COVID-19 Patients Retest Positive After Recovery in Vietnam

PilotnewsApril 27, 2020

Three more Vietnamese people have tested positive again for the coronavirus (COVID- 19) after a full recovery, Vietnam News Agency reported on Monday. The total number of COVID-19 patients retested positive after recovery in the country has reached eight as of Monday noon. The news agency reported that the three patients included one Vietnamese citizen and two Brazilians, who had recovered earlier. Vietnam has reported a total of 270 confirmed COVID-19 cases, with 222 patients...

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Oyo to ensure Safe Return of Girl Put Up for Sale in Lebanon — Official

Crime & SecurityWorld NewsOyo to ensure Safe Return of Girl Put Up for Sale in Lebanon — Official

PilotnewsApril 27, 2020

The Oyo State Government has pledged to ensure the safe return of an indigene of the state identified as Peace Ufuoma Busari who was recently put up for sale on the internet in Lebanon for $1000. The government’s pledge was contained in a statement issued in Ibadan by Mrs. Bolanle Sarumi-Aliyu, the Senior Special Assistant (SSA)  on Diaspora to Gov. Seyi Makinde. Sarumi-Aliyu said the state was liaising with the Nigerians in Diaspora Commission (NIDCOM)...

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France Coronavirus Death Toll Goes Beyond 23,000

CoronavirusWorld NewsFrance Coronavirus Death Toll Goes Beyond 23,000

PilotnewsApril 27, 2020

The number of people who have died from coronavirus infection in France rose by 437 to 23,293 on Monday, the Health Ministry said in a statement. The 1.9 percent increase is the highest in four days but well below the more than four percent rate seen 10 days ago. The number of people in hospital with COVID-19 infection fell further to 28,055 from 28,217 on Sunday and the number of people in intensive care fell...

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British Death Toll From COVID-19 Surges Past 20,000 Mark

CoronavirusWorld NewsBritish Death Toll From COVID-19 Surges Past 20,000 Mark

PilotnewsApril 25, 2020

The COVID-19 death toll in Britain has surpassed 20,000, according to the most recent information from the Health Ministry. Although experts believe that the worst of this infection wave has passed, the death rate could still rise for a while, as the great number of people already infected either convalesce or die. The new data, released via Twitter on Saturday, showed that 813 people had died in the 24-hour period up to 5 pm (1600...

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