Economy
Production starts at Senegal's first offshore oil field
Senegal joined the club of oil-producing countries on Tuesday as Australian group Woodside Energy announced that production had started in the west African country's first offshore project. - Climate change - Senegal also has a liquefied natural gas project at its border with Mauritania and production there could begin in the third quarter.
French tech group Atos picks Onepoint's rescue bid
Struggling French tech group Atos, an Olympics partner and key French defence contractor, said Tuesday it had chosen a takeover offer by a consortium led by its top shareholder Onepoint.
Asian markets mixed ahead of key Fed announcement
Asian markets were mixed Tuesday as traders shifted nervously while awaiting the Federal Reserve's policy decision and the release of US inflation data, while the euro struggled to recover from a sell-off fuelled by political uncertainty in Europe. Oil dipped after Monday's rally that came as traders await the release of an OPEC report that will outline its forecasts for demand.
Tourists get taste of old Japan at hidden 'snack bars'
Down a Tokyo street lined with bright signs, up narrow stairs and behind a windowless door is a "snack bar" long cherished by regulars but hidden from tourists -- until now. "I've always seen the signs for snack bars, but I wasn't sure of how to enter them, or what to do," said the 30-year-old, who is now based in San Francisco and did not want her surname published.
Singapore Airlines offers $10,000 to passengers hurt by turbulence
Singapore Airlines said Tuesday it has offered $10,000 compensation to passengers who suffered minor injuries on a flight hit by violent turbulence last month and will discuss higher payouts with those more badly hurt. In a statement on Tuesday, the airline said it had sent out emails offering US$10,000 in compensation to passengers who sustained minor injuries during the incident.
Canada faces scourge of rising car thefts
Montreal-area resident Zachary Siciliani discovered recently that his car had simply disappeared -- likely in one of a rash of vehicle thefts in Canada. The crime trend, which the Insurance Bureau of Canada has dubbed a "national crisis," has seen stolen vehicles shipped through the busy Port of Montreal to overseas car lots for sale.
Tesla turns up charm ahead of investor vote on huge Musk pay plan
Electric automaker Tesla has launched a charm offensive to try to coax shareholders to vote Thursday for billionaire CEO Elon Musk's giant pay package, after the windfall was nixed in court. "Shareholders should ask themselves this question: is Tesla better off with or without Elon," he said.
Baltimore shipping lane fully reopens after bridge collapse
The Baltimore shipping lane blocked for more than two months after a cargo ship collided with a major bridge in March, sending it crashing into the water, fully reopened on Monday, authorities said. The full reopening of the shipping channel will allow for two-way traffic, Monday's statement said. sst/bfm
Currency in circulation hits record high at N3.97 trillion after CBN interest rate hike
The Central Bank of Nigeria (CBN) has disclosed that the currency in circulation has reached an unprecedented high in May, hitting N3.97 trillion.
Economy
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