Twitter has told staff that they can work from home forever if they wish as the company looks towards the future after the coronavirus pandemic.

The decision came as the social media giant said its work-from-home measures during the lockdown had been a success.

But it also said it would allow workers to return to the office if they choose when it reopens.

Twitter said the past few months have proven they can make that work. So, if their employees are in a role and situation that enables them to work from home and they want to continue to do so forever, they will make that happen.

The announcement has been described as an era-defining moment by one digital innovation expert.

Twitter's blog went on to say that for those keen to return to Twitter's office the company will be their warm and welcoming selves, with some additional precautions.

Facebook has agreed to pay $52m (£42m) to content moderators as compensation for mental health issues developed on the job.

The agreement settles a class-action lawsuit brought by the moderators, as first reported by The Verge.

Facebook said it is using both humans and artificial intelligence (AI) to detect posts that violate policies.

The social media giant has increased its use of AI to remove harmful content during the coronavirus lockdown.

The moderators alleged that reviewing violent and graphic images - sometimes of rape and suicide - for the social network had led to them developing post-traumatic stress disorder (PTSD).

The agreement, filed in court in California on Friday, settles that lawsuit. A judge is expected to sign off on the deal later this year.

Travel firm Tui has pledged to reinvent the holiday in 2020 as it seeks to beat the coronavirus pandemic.

Tui said it would be reopening selected hotels in Germany in the coming days, with its operations in other European destinations also ready to welcome holidaymakers.

However, it warned that up to 8,000 jobs would go as it strives to cut costs by 30% in a major restructuring.

It was forced to cancel the majority of its travel programme in March. Tui has since been bolstered by a €1.8bn (£1.6bn) state-backed loan in Germany

South Africa’s rand firmed in early trading on Wednesday, as investors stayed optimistic about chances for easing lockdown restrictions in some countries despite worrying increases in new coronavirus cases.

At 0645 GMT the rand was 0.22% firmer at 18.4070 per dollar, having opened at 18.4300.

Investor concerns about new virus infections in China, Germany and South Korea have dampened some of the hopes for a quick rebound in the global economy as countries look to restart activity and avoid prolonged recession.

Bonds opened weaker, reflecting the sour risk mood, with the yield on the benchmark 2030 government issue up 9 basis points to 9.41%.

Prime Minister Elyes Fakhfakh told France24 TV on Tuesday that Tunisia’s need for external funding will double to about 5 billion euros this year from about 2.5 billion euros previously expected due to the impact of the new coronavirus pandemic.

Tunisia has confirmed 1,032 cases of the new coronavirus and 42 deaths. The infection is hammering Tunisia’s vital tourism sector, which contributes nearly 10% of gross domestic product.

Authorities expect the economy to shrink by 4.3% this year, the steepest contraction in more than 60 years.

Mozambique’s constitutional court has declared void two loans totalling more than $1 billion at the heart of a “hidden debt” scandal that triggered a currency collapse and sovereign debt default.

The court ruling, seen by Reuters and dated May 8, also declared void state guarantees for the $622 million and $535 million loans arranged by Credit Suisse and Russian bank VTB.

The loans were contracted under English law, but the Mozambican court ruling could add weight to the government’s efforts to challenge the validity of the guarantees for the loans via a London court.

Credit Suisse and VTB have argued in court documents that the government is liable for the money.

The case in the constitutional court was brought by the Mozambique Budget Monitoring Forum, a coalition of Mozambique civil society organisations.

Adriano Nuvunga, coordinator of the forum, said in a statement that the people of Mozambique had no say over, and no benefit from the loans, and should not have to repay one cent.

A senior central bank source disclosed that Egypt has received $2.77 billion in emergency financing from the International Monetary Fund.

The IMF had had approved the funds on Monday in an effort to help Egypt to contend with the new coronavirus pandemic that has brought tourism to a standstill and triggered capital flight.

The International Monetary Fund said Nigeria and other countries in sub-Saharan Africa will lose about $200bn in incomes by the end of 2020.

IMF had already, in its latest Regional Economic Outlook, projected that the economies of Sub-Saharan African countries would contract by 1.6 per cent this year.

The projected $200bn loss in income for Nigeria and other countries in the region was disclosed in a podcast posted on IMF website on Tuesday.

Head of the Regional Studies Division in IMF’s African Department, Papa N’Diaye, noted that the region was facing unprecedented health and economic crisis that threatens to reverse much of the development progress it has made in recent years.

He said there will be large income losses from this crisis. By the end of 2020 the region will face income losses of about $200bn relative to what they were expecting six months ago.

The Nigerian National Petroleum Corporation as terminated the services of over 100 workers contracted by selected contractors as the oil firm rehabilitates its refineries.

It was learnt that after the NNPC disengaged the contractors, the over 100 persons who were contracted by about five contracting outfits were asked to leave.

According to PUNCH, the affected persons were asked to leave because of the ongoing rehabilitation work at the refineries.

The Group General Manager, Group Public Affairs Division, NNPC, Kennie Obateru, said the corporation was working to revive the refineries and make them deliver at least 90 per cent of their refining capacities.

Obateru said the people concerned are not direct staff but contractors who supply labour to the organisation who are engaged for the period for which their services are needed

The Nigeria LNG Limited has said it is engaging market players to begin domestic supply of the commodity after decades of exporting liquefied natural gas from the country.

The Managing Director/Chief Executive Officer, NLNG, Mr. Tony Attah, disclosed the new move in a presentation at a virtual business forum of the Nigerian Gas Association.

Attah, who was represented by the firm’s General Manager, Production, Mr. Adeleye Falade, described Nigeria as a gas nation with some oil.

According to him, the country has over 200 trillion cubic feet of proven natural gas reserves, the ninth largest in the world.

He said there were 36 off-takers of liquefied petroleum gas in the country being supplied by the company, adding that the NLNG is engaging market players to kick-start domestic LNG scheme.