With the lockouts, $930m of goods are being affected daily, affecting supply chains and local economy, the government says. Canada’s labour minister is intervening to end the lockouts of workers at the country’s two biggest ports. Minister of Labour Steven Mackinnon said on Tuesday that the negotiations had reached an impasse and he was directing…
Lagos, Nigeria – Kola Alawada shelters from the rain beneath the shade of a phone accessories kiosk in Computer Village in Lagos, his old Android phone with a cracked screen clutched in his hand. The sprawling, chaotic marketplace in southwestern Nigeria is Africa’s largest technology hub, where streets lined with shopping plazas and informal stalls…
The Tesla CEO, Trump’s most influential campaign backer, has turned into a key power broker in presidential transition. Tech billionaire Elon Musk is diving even deeper into the world of politics after Donald Trump’s election win, cosying up to the president-elect and offering him input on key administration hires, according to US media reports. Musk,…
Caution prevailed on Monday as the winner of the tightly contested presidential election may be unknown for days. United States stock indexes were trading flat to lower on Monday, as investors braced for a pivotal week for global markets in which Americans will elect a new president and the Federal Reserve is likely to cut its…
Taichung, Taiwan – When Li Wei took over the running of his father’s glass-making business in northern China’s Cangzhou in 2020, he immediately set about optimising the firm’s operations. Li moved Hebei Yiyue Glass Products’ sole factory from its city location to a site outside Cangzhou, providing better access to important road networks and more…
Early voting is under way across the United States ahead of Tuesday’s presidential election. Republican candidate Donald Trump and Democratic candidate Kamala Harris have both made last-minute efforts to court union voters – a core voting bloc, especially in swing states like Michigan, where groups like the United Auto Workers (UAW) have significant sway among…
New Delhi, India — For those who make a living studying body language, there was plenty to read during the BRICS summit this week in Kazan, Russia. There were the images of Russian President Vladimir Putin, far from isolated on the global stage despite his war on Ukraine, standing next to leaders from 36 countries,…
Texas-based company reports $2.2bn profit for July to September, after back-to-back disappointing quarters. Tesla has posted a forecasting-beating profit in the third quarter, breaking a recent streak of disappointing earnings for the electric carmaker. The Austin, Texas-based company on Wednesday reported net income of $2.2bn for the July-to-September period, up 17 percent year on year….
Russian President Vladimir Putin is hosting the annual BRICS summit, which started on Tuesday, in Russia’s southwestern city Kazan. The three-day conclave will be the largest gathering of world leaders in Russia in decades and will be held at a time when the Kremlin is locked in a war with Western-backed Ukraine. So what is…
In September, China’s central bank announced its most aggressive measures since the pandemic to get its economy back on track after it became clear the country might miss its 5 percent gross domestic product (GDP) growth target for 2024. The world’s second-largest economy is still struggling from the lingering side-effects of COVID-19 – when China…