Bloomberg Two units at the Hwange thermal power station have been returned to service after flooding occurred on January 18 and caused the power station to be forcibly shut, the Zimbabwe Power Co said. “Units 1 and 4 returned to service this morning, while unit 2 is expected back in service by day end,” the Zimbabwe Power Co said. The ...

Bloomberg Iran will withdraw from a major non-proliferation treaty (NPT) if European nations attempt to refer the Islamic Republic to the UN Security Council over its infringements of the 2015 nuclear deal, the country’s foreign minister said. The UK, France and Germany said last week they would trigger the accord’s dispute resolution mechanism, which could eventually mean the matter being ...

Bloomberg The Taliban’s offer to reduce violence for several days ahead of fresh talks with the US would not bring the war-torn nation any closer to peace when the majority of the country remained excluded from the negotiations, a senior Afghan official said. “The plan for violence reduction or anything of its kind is a vague proposal” that can deceive ...

Bloomberg South Korea is considering different ways to allow its people to travel to North Korea despite a US warning to proceed with caution in visiting a country under extensive international sanctions. The Unification Ministry said on Monday the government is looking at measures that include allowing South Koreans to go to North Korea directly through previously established land crossings ...

Bloomberg Malaysia’s ruling coalition may fail to hold on to power if it doesn’t stop the infighting that has eroded public support, PM Mahathir Mohamad said. His administration “could be” a one-term government unless it changes, adding he isn’t “too confident” in the next generation of leadership. He spoke at a meeting with reporters in Malaysia’s northern city of Langkawi ...

Bloomberg Thailand’s second-biggest opposition party faces possible dissolution on Tuesday in a court case that could spur more pro-democracy protests against a military-backed government. The Constitutional Court will rule on a petition that the Future Forward party and its leaders want to overthrow the monarchy, which sits at the summit of power in Thailand. One of the claims is that ...

Bloomberg Bombardier Inc’s deal with Airbus SE to rescue its long-delayed and over-budget jetliner programme was supposed to be a lifeline for the struggling manufacturer. Now the Canadian company is rethinking the joint venture, pushing the iconic train and plane maker to the brink once more. The shares posted their biggest loss ever — Bombardier is almost a penny stock ...

Bloomberg South African Airways (SAA) said all flights are operating normally as the government looks for ways to provide 2 billion rand ($138 million) in funding for the embattled national carrier. While there may be “flight schedule amendments” in the future, details of those changes will be announced when finalised, SAA said in an emailed statement on Monday. The airline ...

Bloomberg Airbus SE is developing a derivatives-based trading platform that will allow airlines to protect against declines in ticket prices — and potentially help sustain growth and jet orders. Clients of the Skytra subsidiary will trade futures and options on a series of indexes that capture fare fluctuations across the industry. The venture is the brainchild of two Airbus veterans ...

Bloomberg A Netflix-branded product strikes again. Ice cream maker Ben & Jerry’s is the latest brand to cash in on the streaming service’s wide appeal and status as a cultural touchstone. “You’ll never want to watch Netflix without it,” Ben & Jerry’s says about the new flavour called Netflix & Chilll’d — yes, with an extra “L” — featuring peanut ...