
The Nigerian currency faced a renewed volatility, depreciating in the Nigerians Forein Exchange Market (NFEM) due to the shortage US dollars in the FX market.
The Nigerian currency faced a renewed volatility, depreciating in the Nigerians Forein Exchange Market (NFEM) due to the shortage US dollars in the FX market.
Left-wing figures in France on Sunday reacted with uproar after the country's richest man the luxury goods tycoon Bernard Arnault described an academic behind a wealth tax plan as a "far-left activist" who wanted to "destroy the French economy".
The Nigerian currency, the naira, returned to its winning ways last, breaking below the N1,500 barrier to close at N1,488 per dollar as reserves hit a five-year high
Close to a small fishing port in southwestern Japan, the slim white turbines of the country's first commercial-scale floating wind farm glimmer offshore, months before a key project in Tokyo's green-energy strategy begins.
The White House issued a major clarification Saturday to its new H-1B visa policy that had rattled the tech industry a day earlier, saying a $100,000 fee will be a "one-time" payment imposed only on new applicants.
Major European airports including Brussels, Berlin and London's Heathrow were Saturday hit by a cyberattack on check-in systems that caused cancellations and long delays for thousands of passengers.
A deal for the Chinese parent company of popular video-sharing app TikTok to sell its US operations would see the creation of a board dominated by Americans, the White House said Saturday. "There will be seven seats on the board that controls the app in the United States, and six of those seats will be Americans," White House press secretary Karoline Leavitt told Fox News.
Amid a threat of towering US tariffs, Swiss pharmaceutical giant Novartis is seeking ways to enable Americans to pay less for their medicines, its chief said in an interview published Saturday. "We are working with the government and trying to find constructive solutions so that Americans pay less for their medicines," he told the Swiss daily.
India's leading trade body said on Saturday it was concerned by a new annual $100,000 fee that US President Donald Trump ordered for H-1B skilled worker visas, an addition that could have major repercussions for the tech industry where such permits are widespread. It was also concerned by the short timeline, with the new fees under Trump's order coming into effect on Sunday.
The storied Asti region of northern Italy saw a lush harvest this year but many winegrowers are leaving some grapes on the vine, choosing to produce less as US and Russian demand drops. - Hot summer - Leaving grapes is what some winegrowers are doing in Asti to produce less sparking white.
Economy
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