Eskom Latest: Power Cut Exemptions, Coal-Power Stations Review
South Africa’s High Court has ruled that all government hospitals and clinics, state schools and the country’s police buildings be spared from power cuts.
Bloomberg Business
South Africa’s Wealthiest City Gets Sixth Mayor in Four Years
Councilors in South Africa’s richest city elected its sixth mayor in four years as the nation’s governing party tests potential alliances before a general election next year.
Regional Banks Might Scare Investors, But Depositors Are Staying Put
Investors have punished a handful of US regional banks amid fears the turmoil will ensnare more lenders. But depositors at some — at least for now — appear to be sitting tight.
Black US Unemployment Hits Record Low But Participation Falls
Black unemployment dropped to a record low in April but the decline was driven by some troubling trends suggesting Black workers are starting to struggle in an otherwise resilient US labor market.
Your Dishwasher May Waste Too Much Water Under New Biden Efficiency Plans
The Biden administration is advancing stricter efficiency requirements for household dishwashers that promise to pare water and greenhouse gas emissions as well as utility bills, years after former President Donald Trump exempted speed-cleaning models.
Rate Hikes Are Failing to Knock Canada’s Jobs Machine Off Course
Canada’s economy has hit its longest run of monthly job gains since 2017, defying expectations for a coming slowdown.
AMC Loss Smaller Than Expected as Theater Recovery Continues
AMC Entertainment Holdings Inc. reported a narrower-than-expected quarterly loss as movie theaters continued to rebound from the Covid-19 pandemic.
Argentines Pulled $1 Billion From Bank Accounts in April Rush
Argentines withdrew over $1 billion of US dollar deposits from the banking system from late March to the end of April as speculation spread about a potential currency devaluation in the official exchange rate.
South African Court Exempts Hospitals and Schools From Power Cuts
South Africa’s High Court has ruled that all government hospitals and clinics, state schools and the country’s police buildings be spared from power cuts.
HSBC Shareholders Dismiss Call for Strategy, Dividend Switch
HSBC Holdings Plc shareholders voted to reject proposals to shake up the bank that were put forward by a group of Hong Kong-based investors.