Iran has started rolling blackouts, local media reported Sunday, which officials blamed on heat, drought impacting hydropower generation, and surging electricity demand blamed in part on crypto-currency mining.

The U.S. breathed new hope into global tax talks with a proposal, welcomed by Germany and France on Friday, to set a minimum rate of 15 percent on profits of multinationals worldwide.

LibanPost has announced the launch of a Collection Service for the Order of Engineers & Architects in Tripoli and North Lebanon.
The service, which was launched on May 18, allows registered engineers to “pay their annual subscription fee at any LibanPost office all over Lebanon,” LibanPost said in a statement.

A Dutch court on Thursday ordered fugitive former Nissan chairman Carlos Ghosn to repay nearly 5 million euros in salary to an Amsterdam-based alliance between Nissan and Mitsubishi, and rejected his claim for millions in compensation for wrongful dismissal.
The ruling came in a case in which Ghosn sought to have his 2018 sacking from Nissan-Mitsubishi B.V. overturned and demanded 15 million euros ($16.5 million) in compensation.

Bitcoin plunged below $40,000 for the first time in more than three months Wednesday after China said cryptocurrencies would not be allowed in transactions and warned investors against speculative trading in them.

Most markets rose in Asia on Tuesday as investors looked past rising virus infections in the region and bet on the global recovery, with Tokyo brushing off data showing the Japanese economy shrank more than expected in the first quarter.

Asian markets were mixed Monday as optimism about the global recovery was offset by concerns about a spike in new infections in several countries that have officials battling to avert new lockdowns.

Lebanon lost as much as a quarter of its power grid supply Friday when a Turkish firm halted power generation, the latest blow to the crisis-hit country already suffering long blackouts.
Lebanon's ailing electricity sector is facing dire cash shortages, as the country grapples with its worst economic crisis since the 1975-1990 civil war.

The shelves are bare at the Panacea pharmacy north of Beirut. Its owner, Rita El Khoury, has spent the past few weeks packing up her career, apartment and belongings before leaving Lebanon for a new life abroad.
For the 35-year-old pharmacist and her husband, and countless others feeling trapped in a country hammered by multiple crises, Lebanon has become unlivable.

Britain's economic recovery began to recover strongly at the end of the first quarter despite lockdown restrictions, official data revealed on Wednesday.
