UPS' third-quarter results beat analysts' expectations, as consumers are paying higher rates to have the package delivery company fulfill their shipping needs.
Shares rose 5% before the market open on Tuesday.

Gas stations across Iran on Tuesday suffered through a widespread outage of a government system managing fuel subsidies, stopping sales in an incident that one semiofficial news agency briefly referred to as a cyberattack.
An Iranian state television account online shared images of long lines of cars waiting to fill up in Tehran. An Associated Press journalist also saw lines of cars at a Tehran gas station, with the pumps off and the station closed.

European Union ministers met Tuesday for emergency talks focusing on energy amid deep divergences between the 27 member countries on how to tackle a crunch that has seen consumers' bills skyrocket this year.
The wave of price hikes is not set to abate before next spring, and ministers discussed a set of short-term measures that have been put forward by the European Commission to help consumers and businesses weather the shock.

Australian telco Telstra has partnered with the Australian government in a $1.6 billion deal to buy the South Pacific operations of Digicel in a deal that would prevent a key part of the region's telecommunications infrastructure falling into Chinese hands.
Telstra, the nation's largest telco, said in a statement on Monday it would contribute $270 million to the deal and hold 100% of the equity in Digicel Pacific.

Toyota said Monday it is testing hydrogen combustion engines in race cars as it works toward using the technology in commercial products.
Such engines burn hydrogen as fuel instead of gasoline, much like rockets. The Japanese automaker said testing the technology in race cars will allow it to collect data and try to fix problems on-site.

Haiti's capital has been brought to the brink of exhaustion by fuel shortages, after staggering along despite an earthquake, the assassination of the president, gang violence and mass kidnappings.
More than two weeks of fuel deliveries interrupted by gang blockades and abductions of fuel truck drivers have driven residents of Port-au-Prince to a desperate search for gasoline and diesel. The fuels are widely used to run generators needed to compensate for the country's unreliable electrical system.

Nigeria's President Muhammadu Buhari will officially launch the country's eNaira digital currency on Monday, the central bank said, a first in Africa.

Fresh allegations over a major spying scandal that cost the head of Credit Suisse his job emerged on Sunday as Swiss media reported another alleged spying case.

Afghanistan's Taliban government launched a program to tackle hunger on Sunday, offering thousands of people wheat in exchange for labor.

Crashing through the Mediterranean waves at sunset, Palestinian fisherman Mohammed al-Nahal leads a convoy of rickety boats out for another risky night under the Israeli blockade of the Gaza Strip.
