Eight OPEC+ member countries on Saturday announced a sharp increase in oil production for the month of June at the risk of driving down already very low prices.
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Musk's dreams for Starbase city in Texas hang on vote
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Mexican mega-port confronts Trump's tariff storm
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Inflation, hotel prices curtail Japanese 'Golden Week' travels
Boeing exploring sale of space business: report
Boeing is exploring a possible sale of its space business as its new CEO seeks to improve the embattled company's financial position, the Wall Street Journal reported Friday. Boeing has for years worked closely with the US National Aeronautics and Space Administration (NASA), but the company's space program has suffered major setbacks in recent years.
BHP, Vale agree to pay $30bn damages for Brazil dam disaster
Mining giants BHP and Vale on Friday signed a deal with Brazil's government to pay nearly $30 billion in damages for a 2015 dam collapse that triggered the country's worst environmental disaster. President Luiz Inacio Lula da Silva attended the signing of the deal over the November 5, 2015 collapse of a tailings dam at a mine in the southeastern town of Mariana, which triggered a giant mudslide.
75 sickened as McDonald's severe E. Coli outbreak expands
A severe outbreak of E. Coli linked to McDonald's Quarter Pounder burgers has expanded to 75 reported cases, mainly in the western United States, authorities said Friday. McDonald's restaurants in the 13 impacted states have temporarily pulled Quarter Pounders from their menus, though other items, including other beef burgers, remain available.
Waymo ramps up robotaxi push with $5.6 bn in funding
Waymo on Friday said it raised $5.6 billion from investors to expand a robotaxi program now operating in Los Angeles, Phoenix and San Francisco. Waymo One ride-hailing services operate in San Francisco, Phoenix, and Los Angeles, with the company saying it plans to expand to the cities of Austin and Atlanta as part of a partnership with ride-share platform Uber.
Elon Musk all-in for Trump as Moscow denies secret Putin talks
Billionaire Elon Musk, the world's richest man and an avid supporter of Donald Trump, was plunged into new controversy on Friday after a report that he is in regular contact with Russian President Vladimir Putin. "It is extremely problematic that the world's richest man can throw his money around in an attempt to directly influence the outcome of this election," Noti said.
France must make 'credible' progress on deficit: finance minister
France must take "credible" steps to tackle its high deficit, its new finance minister said Thursday, shortly before a major credit ratings agency gives its verdict on the country's sovereign debt.
CBN gives clarification on NNPC’s right to buy dollar from FX market
According to Yemi Cardoso, governor of the CBN, NNPC Limited has the same freedom as any other customer to buy dollars from the foreign exchange market.
BHP, Vale agree to pay $30bn compensation for Brazil dam disaster
Mining giants BHP and Vale on Friday signed a deal with Brazil's government to pay nearly $30 billion in compensation for a 2015 dam collapse that triggered the country's worst environmental disaster.
IMF raises concerns about effects of Sudan conflict on neighbors
The war in Sudan is likely to cause heavy economic damage in neighboring countries, the IMF's deputy director for Africa, Catherine Pattillo, told AFP. "What is going on there for the people in Sudan is just so heart wrenching and devastating. "You could think of Sudan (and) also some of the security issues in the Sahelian countries, also affecting growth," Pattillo said.
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