
The US government is proposing a law to impose a 3.5% tax on remittances to other countries, including Nigeria from the US, which experts say will affect the naira.
The US government is proposing a law to impose a 3.5% tax on remittances to other countries, including Nigeria from the US, which experts say will affect the naira.
The US Federal Reserve is widely expected to extend a recent pause in rate cuts this week as it waits to see how President Donald Trump's stop-start tariff rollout affects the health of the world's largest economy.
At a small high-end confectionery in Vienna, chefs put the finishing touches to one of Austria's signature souvenirs: Mozart chocolate balls filled with marzipan, pistachio, and rich almond and hazelnut nougat.
Massive planned US duties on solar panels made in Southeast Asia could be a chance for the region to ramp up its own long-stalled energy transition, experts say. Earlier this month, Washington announced plans for hefty duties on solar panels made in Cambodia, Vietnam, Thailand and Malaysia.
Influential billionaire investor Warren Buffett said Saturday he would retire from leading his Berkshire Hathaway business group by the end of the year and that he would recommend his chosen successor Greg Abel take over. Buffett indicated several years ago 62-year-old Abel would be his pick for successor.
Admired for his investing prowess and a taste for the simple things in life rather than luxury, billionaire Warren Buffett has won public affection even as he amassed a fortune for the ages -- riches that the "Oracle of Omaha" has pledged to give away.
Influential billionaire investor Warren Buffett said Saturday he would retire from leading his Berkshire Hathaway business group by the end of the year and that he would recommend his chosen successor Greg Abel to take over.
Meta on Saturday vowed to fight Nigerian fines for various consumer data violations, reportedly threatening to cut off Facebook and Instagram in Africa's most populous country. Nigeria had accused Meta of violating the country's data protection and consumer rights laws on Facebook and WhatsApp.
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.
Recent checks show that there is another player in the price war, and some of the filling stations belonging to independent marketers now offer the lowest prices.
Economy
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