Bloomberg The selloff in Tesla Inc shares that accelerated after the electric-vehicle maker was reported last week to be planning to temporarily suspend output at its Shanghai factory pushed the company’s market valuation briefly below the coveted half-trillion-dollar mark. Shares of the EV industry leader have been in a freefall over the past few months, sinking nearly 40% since …

Bloomberg  The value of global trade is set to reach a new record this year, increasing by about 12% to an estimated $32 trillion, according to a UN report that signalled a slowdown heading into 2023. “The substantial trade growth during the last year was largely due to increases in the value of the trade of energy products,” the United …

  Bloomberg Ethiopian Airlines Group wants to almost double its fleet over the next 12 years and expand its global network as Africa’s largest carrier seeks to better compete with rivals linking passengers between Asia, the Americas and Europe. The state-owned carrier — Africa’s largest airline — is looking to increase its number of planes to more than 270 by …