By Shariq Khan
NEW YORK (Reuters) - Oil prices rose in Asian trading hours on Friday, with global benchmark Brent set for its first weekly increase in three weeks on signs of improving global demand and slowing inflation in top oil consumer the United States.
Brent crude oil prices rose 21 cents, or 0.3%, to $83.48 a barrel by 0018 GMT. U.S. West Texas Intermediate (WTI) crude futures rose 18 cents, or 0.2%, to $79.41 a barrel.
... (continue reading...)WASHINGTON (Reuters) - Alphabet's Google in a court filing on Thursday is seeking a non-jury trial in the U.S. Justice Department's lawsuit accusing the advertising and search giant of anticompetitive practices in the online advertising marketplace.
The Justice Department, which filed the advertising lawsuit in January 2023, alleged the company has abused its dominance of the digital advertising business and argued that it should be forced to sell its... (continue reading...)
By Sudarshan Varadhan
BANGKOK (Reuters) - Higher electricity demand in Laos due to cryptocurrency mining and erratic rainfall have led to power shortages, an advisor to its state-run utility said, revealing challenges to the nation's prospects as a hydropower exporter to Southeast Asia.
Laos is dubbed the battery of southeast Asia for its hydropower export potential, and its supply of the cheapest and most stable source of clean power is... (continue reading...)
(Reuters) - An American flag was photographed hanging upside down at the Virginia home of Supreme Court Justice Samuel Alito in January 2021, weeks after the Jan. 6 protests, the New York Times reported on Thursday.
It was not clear if the upside-down flag was meant to signal support of former U.S. President Donald Trump, the Times reported. Alito told the paper that his wife hung the flag in response to signs in neighbors' yards.
"I had... (continue reading...)
TOKYO (Reuters) - Bank of Japan Governor Kazuo Ueda said on Friday the central bank had no immediate plan to sell its huge holdings of exchange-traded funds (ETFs).
"We must spend some time in deciding what to do with our ETF holdings, including whether to unload them in the future," Ueda told parliament.
The BOJ ended eight years of negative interest rates and other remnants of its radical stimulus programme in March, including a... (continue reading...)
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