Economy
Indonesia has banned the sale of Google Pixel phones over the tech giant's failure to meet investment regulations, its industry ministry said, days after blocking sales of Apple's iPhone 16. Around 22,000 Google Pixel phones had entered Indonesia this year, according to industry ministry data.
The United States unveils its monthly employment figures Friday –- a final major economic snapshot at the end of a razor-edge presidential election campaign in which cost-of-living issues have dominated voter concerns. Helene was the second-most deadly hurricane to hit the continental United States in more than 50 years, after Katrina.
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.
Economy
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