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April 12 - The following are the top stories onthe New York Times business pages. Reuters has not verifiedthese stories and does not vouch for their accuracy.
- Two days after Chinese regulators fined the e-commercegiant Alibaba $2.8 billion for placing illegalrestrictions on the vendors on its shopping sites, the companysaid it would lower the fees it charges such merchants andinvest in new services for them. https://nyti.ms/326R2HW
- The economy is at an "inflection point" and on the cusp ofgrowing more quickly, the Federal Reserve chairman, JeromePowell, said in an interview broadcast on Sunday night. But hewarned that the crisis was not yet over. https://nyti.ms/3mF8w7p
- A power failure that appeared to have been caused by adeliberately planned explosion struck Iran's Natanz uraniumenrichment site on Sunday, in what Iranian officials called anact of sabotage that they suggested had been carried out byIsrael. https://nyti.ms/2PYDZWe(Compiled by Bengaluru newsroom) REUTERS