Herald section
The latest business reporting from The Belfast Herald.
The Central Bank of Libya has announced its reunification following a meeting in Tripoli between the governor and his eastern deputy, marking the end of a decade-long split caused by the Second Libyan Civil War.
Protests began in Al-Suwayda on 20 August 2023 amid rising anger over fuel price hikes and worsening economic conditions, with demonstrators demanding improved living standards and government accountability.
The International Energy Agency revised its 2023 global oil demand forecast upward to 102.2 million barrels per day, citing strong summer travel, power generation use, and Chinese petrochemical activity.
Saudi Arabia extends its voluntary oil production cut of one million barrels per day for another month, maintaining daily output at approximately nine million barrels. The move supports oil market stability and follows a prior OPEC+ agreement.
Ford announces that it will recall more than 870,000 F-150 pickup trucks due to concerns about possible parking brake malfunctions.
A wet market in Tomohon, North Sulawesi, Indonesia, becomes the country's first market to cease the cat and dog meat trade following prolonged campaigning by local activists and global figures, supported by the Humane Society International.
A Powerball lottery player from California, United States, becomes the third to win a billion-dollar prize, with a ticket purchased in Los Angeles earning the $1 billion jackpot.
Russian President Vladimir Putin signs decree for temporary state management of Danone Russia and Baltika shares amid withdrawal of Western companies from Russia. The move follows Carlsberg's announced exit and Danone's planned exit from most Russian operations.