Economics: Latest and Breaking News from Azerbaijan and the World

Economics

BYD added to Brazil’s ‘dirty list’ for labour rights violations

Brazil’s Labour Ministry has placed BYD on its registry of employers—Lista Suja, or ‘dirty list’—found to have subjected workers to conditions analogous to slavery during the construction of its plant in Bahia state.

07 Apr 2026-22:52
Tesla’s huge sales spike in Korea shows what EV buyers still want

Tesla cut prices on certain Model 3 and Model Y variants in South Korea, and sales surged 330% year-over-year in March.

07 Apr 2026-22:50
Stocks slide and oil jumps as war fears grow

Stocks fell and oil rose on concern the war in the Middle East is intensifying ahead of President Donald Trump’s deadline for Iran to agree to a ceasefire deal.

07 Apr 2026-17:57
Uber taps Amazon chips to boost AI efforts, ride services

Uber is turning to Amazon’s custom chips to accelerate computing and train artificial intelligence models, the cloud giant said on Tuesday, as the ride-hailing company seeks advanced hardware to manage growing digital workloads.

07 Apr 2026-17:40
iPhone 17 sales outperform iPhone 16, driving Apple growth

Apple’s (AAPL) iPhone sales remained strong last month, fueled by the popularity of the iPhone 17 lineup, Bernstein analysts said in an investor note on Monday.

07 Apr 2026-17:20
Markets turn cautious as oil tops $110 on Iran deadline fears

Global financial markets were subdued on Tuesday as investors reacted to rising geopolitical tensions, with oil prices climbing above $110 per barrel ahead of a looming deadline set by U.S. President Donald Trump for a potential deal with Iran.

07 Apr 2026-17:18
5 things to know: Oil surges, stocks fall as Trump threatens Iran

Stock futures are slipping while oil prices climb as markets brace for President Trump’s high-stakes Tuesday night deadline for Iran to reopen the Strait of Hormuz. Despite the geopolitical tension, a boost in health insurance stocks and news of a potential $2 trillion SpaceX IPO are helping to offset broader losses.

07 Apr 2026-17:08
All-new electric Chery QQ3 unveiled in China ahead of South Africa launch

Chery has released pricing and full details for its all-new electric QQ3 in China, ahead of an as-yet unannounced South African launch this year.

07 Apr 2026-13:58
EV sales surge in Australia amid rising petrol prices

Electric vehicle adoption in Australia is accelerating as concerns grow over fuel shortages and rising petrol prices.

07 Apr 2026-11:47
iPhone 18, iPhone Air 2: What the latest leaks reveal

Rumors about Apple’s upcoming iPhone 18 Pro and iPhone Fold have been widespread, but there has been surprisingly little information about the company’s other new models.

07 Apr 2026-11:29