Bloomberg Apple Inc. is temporarily closing its Los Angeles-area stores as Covid-19 cases jump in the region. The move marks the first time in many months that Apple has shut retail locations in one of the country’s most populous areas. The Cupertino, California-based technology giant has several stores in Los Angeles, including major outlets at The Grove and Beverly Center …

Bloomberg Huawei Technologies Corp. is positioning itself to get more business in Ethiopia, as the East African economy opens up its telecommunications sector. “Ethiopia is rising and becoming much more important for the future,” Loise Tamalgo, Huawei’s head of public relations for 22 countries in sub-Saharan Africa, said in an interview in Ivory Coast’s commercial capital, Abidjan. The company is …

Bloomberg Asian buyers are snapping up oil at higher prices than last month, helping to bolster physical crude markets across the world and underpin a rally in futures. Driven by a slew of purchases from Indian and Chinese refiners, crude values everywhere from Russia to the Middle East and Latin America have surged so far. Spot trading activity has been …