Bloomberg Eskom Holdings SOC Ltd, South Africa’s biggest polluter, said it will be charged with supplying misleading information to a government air quality officer, exceeding emission limits at the Kendal coal-fired power plant and breaching its Atmospheric Emission License. The 4,116-megawatt facility had its pollution abatement equipment damaged during a 2018 strike and has since been the subject of a ...

Bloomberg National Grid Plc is starting a hydrogen research facility to test how Britain’s gas transmission network can be used to transport hydrogen to heat homes or applied to industry. The 12.7 million-pound ($17 million) project will receive almost three quarters of its funding from Ofgem as part of the energy regulator’s Network Innovation Competition, announced on Monday, with the ...

Bloomberg China’s third-biggest oil company faces a US blacklist, which could spur major outflows from its Hong Kong-listed unit, after years of involvement in offshore drilling in disputed South China Sea waters. China National Offshore Oil Corp (CNOOC), the nation’s main deepwater explorer, is among four companies to be added to a list of firms owned or controlled by the ...

Bloomberg Construction work on the Nord Stream 2 gas pipeline in the Baltic Sea will resume this week, despite US sanctions designed to end the pipeline that will bring Russian gas to Germany. Pipelaying on the 9.5 billion-euro ($11.2 billion) link will restart on December 5 after being halted for a year because of the sanctions, Nord Stream 2 company ...

Having spent the past four years with the political equivalent of heavy metal music blasting outside their psychic windows late into the night, millions of Americans are hoping that the Biden administration will usher in a new era of calm. They are likely to be disappointed. To a limited extent, such wishes will be granted. Under President Joe Biden, the ...

A Covid-19 vaccine is getting closer, and governments are scrambling to meet the financial and logistical challenge of immunising their populations in a short space of time. Hopes for a pickup in global economic growth next year depend on it. But the bigger challenge may end up being psychological: How to convince people to actually take the shot. Achieving herd ...

There are only a few basic rules of investing: diversify, keep your costs low and probably most important, hang on when markets tumble occasionally. The last one is the trickiest. It’s not easy watching money vanish as the market plunges, particularly when many people, some of them highly respected, are carping about the end of the world, which invariably accompanies ...

The most enthusiastic campaigners for Britain’s exit from the European Union insisted that Brexit’s end result would be a “Global Britain” — a country set free to forge alliances, agreements and trading pacts across the world. More than four years on, we still have no clear idea what a Global Britain would actually look like. No enthusiastic new trading partners ...

Bloomberg Meituan reported a 29% rise in quarterly revenue after China’s economic recovery boosted restaurants and whetted consumers’ appetite for takeout. The world’s largest meal delivery service posted sales of 35.4 billion yuan ($5.4 billion) during the July-September period, beating the average estimate of 34 billion yuan. It also logged net income of 6.3 billion yuan, versus a projected 435 ...

Bloomberg The chances that Jack Ma’s Ant Group Co will be able to revive its massive stock listing next year are looking increasingly slim as China overhauls rules governing the fintech industry, according to regulatory officials familiar with the matter. Ant is still in the early stages of reviewing changes needed to appease regulators, who demand that its business comply ...