South Africa’s government won’t implement a plan to double the amount of sulfur dioxide companies such as Eskom Holdings SOC Ltd. and Sasol Ltd. can emit from coal-fired power plants and boilers until it has complied with a requirement to allow for public consultation.
GCB Bank Ltd., Ghana’s biggest lender, plans to transform its development-finance unit into an investment bank known as GCB Securities.
Tesla Inc. shares swung wildly Thursday after an upbeat email that Elon Musk sent to employees countered days of escalating doubt that the company will hit its vehicle deliveries targets.
Investors are “too aggressive” in their expectation that the Federal Reserve will cut rates sometime this year, according to BlackRock Inc.
As China and the U.S. form competing coalitions, other nations and businesses will be forced to choose.
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