Dan Marokane, the new boss of South African state power utility Eskom Holdings SOC Ltd., will take over a loss-making company that’s under intense pressure to do more to bring an end to years of power cuts that have throttled the economy.
At the world’s most important climate summit, the Organization of the Petroleum Exporting Countries — whose members supply almost 30% of the world’s oil — has a pavilion for the first time.
China’s consumer prices fell at the steepest pace in three years while producer costs dropped even further into negative territory, underscoring the challenges facing the economic recovery.
DoorDash Inc. will be joining the Nasdaq 100 Index while Zoom Video Communications will be removed as part of the annual makeover of the tech-heavy benchmark.
Australia’s government will outline a plan next week to reduce immigration, Prime Minister Anthony Albanese said.
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