
It is blackout for Nigerian electricity consumers, as the government is carrying out a phased repair on the grid. The first phase has thrown 6 states into darkness.
It is blackout for Nigerian electricity consumers, as the government is carrying out a phased repair on the grid. The first phase has thrown 6 states into darkness.
Seated on the pavement outside a bank in central Damascus, Abu Fares's face is worn with exhaustion as he waits to collect a small portion of his pension. "There are a lot of ATMs in Damascus, but very few of them work," she said.
Asian markets were mixed in holiday-thinned trade Friday as investors keep tabs on countries' tariff talks with the White House, while Donald Trump's remarks that he was reluctant to hike levies on Beijing even more provided a little support.
Rice prices in Japan last month were almost twice what they were a year earlier, official data showed Friday, as core inflation accelerated in the world's number four economy. The data is likely to strengthen expectations that the Bank of Japan will hike interest rates, with inflation above the BoJ's target of two percent for almost three years.
The United States unveiled new port fees on Chinese built and operated ships Thursday, in a bid to boost the domestic shipbuilding industry and curb China's dominance in the sector. There will be separate fees for Chinese operated ships and Chinese built ships, and both will gradually increase over subsequent years.
Netflix on Thursday reported quarterly profit of $2.9 billion as revenue grew 13 percent with help from recent subscription price hikes. Revenue grew due thanks to slightly higher subscription and ad earnings, along with the timing of some expenses, according to Netflix.
President Donald Trump said Thursday that the United States was in talks with China on tariffs, adding that he was confident the world's largest economies could make a deal to end a bitter trade war.
Countries have no choice but to "make the best" of the fragmentation of the global economy by boosting ties with regional and like-minded countries, the head of the International Monetary Fund said in an interview Thursday.
A US judge on Thursday ruled that Google wielded monopoly power in the online ad technology market in a blow that could rattle the tech giant's revenue engine. "Google has willfully engaged in a series of anticompetitive acts to acquire and maintain monopoly power in the publisher ad server and ad exchange markets for open-web display advertising," Brinkema said in her ruling.
Swiss watch exports to the key US market soared nearly 14 percent in March, likely the result of retailers stocking up before US President Donald Trump announced his tariffs on countries worldwide. In March, Swiss watch exports to the United States jumped 13.7 percent compared to a year earlier, rebounding after a 6.7 percent drop the previous month, the country's watchmakers' federation said.
Economy
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