Bloomberg It’s turning into a good week for Eskom Holdings SOC Ltd., South Africa’s state-owned electricity company. The cash-strapped utility’s borrowing costs fell as it tapped international debt markets for the first time in more than three years, barely a week after it secured a $2.5 billion loan from China Development Bank. It also moved closer to a wage deal …

Bloomberg Saudi Arabia, which recently pledged oil-supply increases to tame rallying crude prices, cut production last month, according to OPEC delegates familiar with the matter. The biggest member of the Organization of Petroleum Exporting Countries pumped 10.3 million barrels a day in July, according to the delegates, who asked not to be identified because the data is private. The kingdom …

Bloomberg British Airways owner IAG SA’s peak summer season is being spoiled by a combination of air traffic control strikes, exchange-rate swings and a dip in fares on key US routes. IAG shares fell the most in five months on August 3 after walkouts by French controllers pushed its Vueling arm to a wider second-quarter loss following a spate of …