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Now that votes are in, the dangerous part of Nigeria’s election has begun

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5 hours ago

A tsunami alert in Papua New Guinea.

  A magnitude 7.5 earthquake hit close to the coast of Papua New Guinea and the Solomon Islands 9:45am local time (12:45am BST); it caused no immediate damage, but a tsunami warning has been raised.
5 hours ago

Singapore’s founding father is laid to rest.

  Lee Kuan Yew was given a state funeral attended by world leaders and then a private family ceremony. About 1.5 million people paid tribute to Lee last week at various sites after he died on Monday.
5 hours ago

Prada’s full-year profit falls.

  Net income at the Italian luxury goods brand fell 28% to €451 million ($490 million) in the year to the end of January, and was lower than an expected €468 million. Sales have suffered because of China’s corruption crackdown.
5 hours ago

Japan’s industrial output falls the fastest in eight months.

  Output fell 3.4% in February, which was much worse than an anticipated 1.8% fall. A small slowdown was expected due to the timing of the Lunar New Year, but such a rapid fall suggests domestic demand is much weaker than anticipated.
5 hours ago

A major upset for France’s Socialists.

  Former president Nicolas Sarkozy’s center-right UMP party and its allies are expected to have taken between 66 and 70 seats in the second round of local election voting (paywall). That would be up from 41 previously, and would come at the expense of the ruling Socialist party, which is expected to win between 27 and 31 seats, from 61 earlier.
5 hours ago

Greece’s creditors consider yet another reform plan.

  This one will raise €3bn ($3.3bn) from greater privatization, higher taxes on alcohol and cigarettes, and steps to clamp down on tax evasion. Greece says it will run out of money sometime in April if its creditors don’t agree to release more bailout funds.
March 28, 2015
Chart of the Moment

Depositors are draining Greek banks dry.

March 28, 2015

A final push for an Iran nuclear deal ahead of the March 31 deadline.

  Negotiators from six countries and Iran are huddled in Switzerland to try to hammer out the framework for an accord over Iran’s nuclear program. As negotiators reportedly closed in on a 2-3 page accord, some thorny issues remain. A White House spokesman said the talks have a 50/50 chance of success.
5 hours ago

The Church of Scientology owns some incredible real estate.

  The movement purchased over 60 buildings between 2006 and 2011 alone.

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