South African power utility Eskom Holdings SOC Ltd., which is struggling to find cash to keep its generators running, paid billions of rand in penalties on a coal contract at one of its newest plants.
Singapore Airlines Ltd.’s Indian venture has shelved plans to start direct flights to the US following disruptions in deliveries of Boeing Co.’s 787 Dreamliner aircraft.
British companies signaled output dropped at the fastest pace since the start of the pandemic as the government budget deficit widened to a record, adding to evidence that the economy may be in a shallow recession.
Ukrainian President Volodymyr Zelenskiy dismissed at least 10 officials in a government shakeup following an outcry over perceived excesses by civil servants amid the country’s efforts to fight off Russia’s invasion.
Zambia’s debt restructuring is being delayed by requests from China to have the southern African nation’s local-currency debt held by foreigners included in a deal that could set a global precedent, according to a senior US Treasury official.
The insurance industry provides many homeowners and businesses a financial safety net. Climate impacts are creating holes in it.
The immense wealth coming from Norway’s gas and oil fields is underpinning a new refrain among market experts: it’s time for a big rebound in the krone.
Buyers of the riskiest slice of collateralized loan obligations are stepping up efforts to ensure the transition from Libor doesn’t end up costing them millions of dollars in potential returns.
India unveiled a mobile operating system, developed at one of its top engineering colleges, which it claimed was more secure than Alphabet Inc.’s Android and designed to be used in businesses and high-security surroundings.
Alphabet Inc.’s research lab DeepMind will close its Edmonton, Alberta outpost and lay off some operational staff in the UK, part of the tech giant’s recent program of cost cuts.
