"We call it green gold," says Ramadan Youssouf, a khat trader in the Ethiopian town of Aweday, one of the largest markets in the world for the mildly narcotic shrub. Many of the bundles from the Aweday market will make their way to Wajale, a border town straddling Ethiopia and Somaliland -- a breakaway region of Somalia.
Chinese electric vehicle giant BYD said on Thursday its third-quarter profit had slumped by 33 percent year-on-year, with sluggish domestic consumption piling pressure on the carmaker as it looks to expand overseas.
Shares in Stellantis suffered a double-digit fall on Thursday as the US-European auto giant whose brands include Jeep, Fiat and Peugeot warned of financial bumps ahead. But Stellantis also warned it expects to incur charges in the second half of the year.
A US federal data blackout deepened Thursday as a government shutdown halted the release of third quarter GDP figures, forcing policymakers, financial institutions and business owners to continue flying blind.
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