Take our 20-question June business news quiz, which somehow includes Abba

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As the year approaches its midpoint, and the weather warms up, events can become a bit of a blur. Take our 20-point bizquiz to sharpen your recall of what went down in June …

1. The price of diesel in June was Dh1.90 a litre. Before the system of monthly settings began in August 2015, what was the diesel price?

a) Dh1.70

b) Dh2.20

c) Dh2.90

2. On June 1, Etihad made its New York flights all-A380. Name one of the airline's two other destinations that is all-A380. (Pictured at left is New York's Chrysler Building.)

3. Related question: within one, in what year did Etihad first fly to New York?

4. The people at baggage handlers dnata said the peak summer period at Dubai's airports would begin on what date in June (correct if within three)?

5. One of the world's 10 biggest economies posted figures on June 1 that ended its worst recession on record. Name that country.

Answers:

1. c

2. London or Sydney is correct.

3. 2006 – to be precise, October 26, 2006.

4. June 18 (a Sunday), lasting through August 15 (a Tuesday)

5. Brazil

6. True or false: Walmart was testing a delivery system in which its employees, while driving home, delivered products to customers who had ordered them online? (Take that, Amazon!)

7. Upon the outbreak a regional political dispute that pitted Qatar against its neighbours, the Doha stocks benchmark on Monday June 5 fell by:

a) 5.3 per cent

b) 6.3 per cent

c) 7.3 per cent

8. A Chicago tech company, Outcome Health, was valued at $5.6 billion in a funding round, with investors ponying up $600 million for a slice of the action. What was the last Chicago company to raise that much or more in a funding round (clue: two for one)?

9. Fill in the blank, three letters: in a June 9 article on the slumping dollar, The Wall Street Journal noted that the rapper Remy Banks, in his song Cold World, expressed a preference for "diving in the deep end of a pool full of euros, pounds and ___."

10. The National's gadgets reviewer John Everington described what crypto-Canadian new-old phone as "an old-fashioned delight"?

​Answers:

6. True; the system was being tested at two stores in New Jersey and one in the company’s home ground, Arkansas.

7. c

8. Groupon, which raised $950 million in 2011.

9. yen

10. the BlackBerry KeyOne

11. Jeffrey Immelt (pictured at left) said he was stepping down as chairman of General Electric, but when did the 61-year-old replace the legendary Jack Welch atop "the house that Jack built"?

a) 1998

b) 2001

c) 2010

d) 2014

12. Amazon.com said its lending business was accelerating. So within $1 billion. How much had it issued in loans in the past year to merchants selling on its marketplace?

13. The US justice department's fund for victims of Bernard Madoff's Ponzi scheme said it was getting closer to making its first payout. How big is the fund?

a) $2bn

b) $3bn

c) $4bn

14. The Institute of International Finance said non-resident capital inflows to emerging markets should this year see a 35 per cent increase from 2016. How much would the total inflow then be?

a) $97bn

b) $970bn

c) $9.7tn

15. In the first half of June Tesla's market value jumped to just behind BMW. What was Tesla's value in dollars?

a) $30bn

b) $44bn

c) $58bn

​Answers:

11. b

12. $1 billion

13. c

14. b

15. c

16. Amazon bought Whole Foods, a company whose founder, John Mackey, once said that the grocery trade would be Amazon's ________ (clues: eight letters, Napoleon, Abba, Belgium, tube station)

17. Venezuela's central bank said its international reserves had risen by US$749 million. What was the approximate total amount?

a) $10.86 billion

b) $5.57bn

c) $18.45bn

18. Which Asian carmaker came first in the JD Power study of new-car quality?

19. The IEA said that it expected non-Opec oil production to grow by how much in 2018?

a) 800,000 barrels per day

b) 2 million bpd

c) 1.5 million bpd

20. Uber's chief executive and founder quit. Name him.

​Answers:

16. Waterloo

17. a

18. Kia

19. c

20. Travis Kalanick

Scoring scale

16-20 correct: Awesome

11-15: Less awesome

6-10: Not awesome

1-5: Yikes

business@thenational.ae

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