Business

    – Oman’s electricity production increased 4.3% year on year during the first eight months of 2026. Total output reached 37,481.8 gigawatt-hours, compared with 35,935.3 GWh in the same period of 2025. The increase amounted to about 1,546.5 GWh. Preliminary figures

    – Indonesia recorded Rp131.1 trillion, about $7.33 billion, in foreign capital inflows through early October 2026. Finance Minister Suahasil Nazara presented the figure during the government’s latest state budget briefing in Jakarta. Most foreign investment moved into government bonds and

    – The African Union has formally launched the Africa Credit Rating Agency, known as AfCRA, in Mauritius. The agency will provide credit assessments for African sovereigns, companies, financial institutions and other issuers. Its launch took place in Port Louis during

    – Pakistan’s federal state-owned enterprises held about $36.5 billion in debt at the end of December 2025. The total increased 14.3% from a year earlier, adding roughly $4.7 billion at current exchange rates. Pakistan’s Ministry of Finance reported the figures

    – The European Commission has proposed a new EU Critical Communication System to connect first responders across European borders. The plan would link national networks used by police, firefighters, emergency medical services and civil protection teams. It covers all EU

    Apple has introduced the iPhone Duo, its first foldable iPhone, with availability scheduled for October 23. The handset opens to a 7.6-inch inner display and uses a 5.4-inch outer screen when closed. Both displays share the same aspect ratio and

    The United States is adding battery factories while trying to cut its dependence on China. Domestic cell production has grown, but major supply gaps remain further upstream. Chinese companies still lead global production of several materials needed for lithium-ion batteries.

    Japan is expanding its response to investment fraud by using artificial intelligence to detect warning signs in consumer complaints. The Consumer Affairs Agency announced the initiative on September 1 as part of a wider anti-fraud package. The system will analyze