
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.
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.
Asian markets mostly fell Friday, tracking a global slide in stocks fuelled by tame tech earnings and investor jitters less than a week before neck-and-neck US elections. "Markets have already priced in some risks of a second Trump presidency as they await the US presidential election," Lloyd Chan, an analyst at MUFG Global Markets Research, said in a note.
In Pennsylvania, the biggest swing state prize in the US presidential election, renters -- whether still working or retired -- are struggling. According to the latest data from the Housing Alliance of Pennsylvania, some 16 percent of renters in Dauphin county are facing the threat of eviction.
US aviation giant Boeing has once again improved the conditions in its contract offer to thousands of striking workers, hoping to put an end to a painful strike that has paralyzed its two main factories for seven weeks.
Apple reported revenues Thursday that narrowly surpassed analyst expectations, sending shares lower in after-hours trading even as the company enjoyed a boost from iPhone sales. This sent shares of Apple, the world's most valuable traded company, down two percent in extended trading after the results were posted.
At a wholesale market in the central Bolivian city of Cochabamba, farmer Damaris Masias watches through tears as 10 tonnes of tomatoes that she spent over a week trying to get through roadblocks are tossed into a bin. Masias lost not only her own tomatoes when she set out for Cochabamba, but those of an entire neighborhood of what she calls "poor people."
According to a recent CBN research, entrepreneurs believe that the business climate in Nigeria will improve by August 2024 and the following six months.
As the biggest lender in West Africa saw a sharp rise in interest income, Access Holdings' net profit grew by more than 83% in the first three quarters of this year.
OpenAI on Thursday beefed up its ChatGPT generative AI chatbot with search engine capabilities, as the startup takes on Google's decades-long dominance of web search. This has been seen as a weakness of AI chatbots, especially at OpenAI, which does not have a stand-alone search engine providing more timely data.
In an extraordinary twist that has upended an already unpredictable election, the world's richest man has become Donald Trump's most influential supporter in his bid to return to the White House. White House officials have expressed concern about their diminished reach during potential crises, with their average post views dropping from 200,000 to 100,000.
Economy
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