AFP
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Inflation, hotel prices curtail Japanese 'Golden Week' travels
Japan's annual "Golden Week" holiday period gets into full swing Saturday, but inflation and hotel prices sent soaring by record inbound tourism have left domestic travellers less eager to pack their bags.
Mexican mega-port confronts Trump's tariff storm
At dawn, container ships from Asia unload at a huge Pacific port in Mexico that so far appears to be weathering the storm unleashed by US President Donald Trump's tariffs. Container throughput increased 11 percent between January and March, when Mexico was already in Trump's sights.
Trump's tariffs bite at quiet US ports
At the Port of Los Angeles, the frenetic choreography of cranes unloading containers from Asia has slowed to a tiptoe, and the noise of the busiest docks in the US is quieting. For the week of May 4, the Port of Los Angeles will receive up to 35 percent less cargo compared with the same period last year, Seroka said.
Carney vows to transform Canada economy to withstand Trump
Prime Minister Mark Carney promised Friday to oversee the biggest transformation of Canada's economy since the end of the Second World War to enable it to "stand up" to Donald Trump. To this end, he promised to abolish existing trade barriers between Canadian provinces by July 1 to expand the economy, and to strengthen trade with "reliable allies."
Apple eases App Store rules under court pressure
Apple on Friday relaxed its App Store payment rules in the face of a scathing court order, with Spotify quick to reap the benefit. The rule change came just two days after a US judge accused Apple of defying an order to loosen its grip on the App Store payment system to the point that criminal charges could be warranted.
Billionaire-owned Paris FC win promotion and prepare to take on PSG
Six months after a joint takeover that involved Europe's richest man and drinks giant Red Bull, Paris FC squeezed out a 1-1 draw at Martigues on Friday to lock up promotion to Ligue 1. In Ligue 1, another billionaire-owned club, Nice moved back into the Champions League places with a 1-0 home win over Reims.
Lower profits at US oil giants amid fall in crude prices
US oil giants ExxonMobil and Chevron reported lower profits Friday, reflecting the hit from falling crude prices amid global economic uncertainty surrounding President Donald Trump's tariffs.
GM cuts shift at Canada plant over 'evolving trade environment'
General Motors said Friday it would reduce the number of shifts at a truck assembly plant in Canada, as US President Donald Trump's trade war upends the North American auto sector.
Trump eyes huge 'woke' cuts in budget blueprint
US President Donald Trump on Friday eyed massive cuts targeting "woke" and "wasteful" spending in his first budget blueprint since he returned to power, while boosting defense and border security. Trump would also massively cut foreign aid even while stepping up defense spending to $1.01 trillion and pouring money into homeland security as part of his anti-immigration drive.
AFP
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