Bloomberg Sasol has agreed to sell its stake in a 175-megawatt gas-fired power plant in Mozambique to Azura Power for about $145 million as part of an accelerated disposal program to pay down debt. The sale of its 49% shareholding in the Central Termica de Ressano Garcia plant is subject to conditions including a pre-emption right by state-owned Electricidade de ...

It was kind of inevitable that Tesla Inc’s biggest challenger wouldn’t be a car company. Apple Inc makes for the perfect nemesis and could teach its California cousin a thing or two about reliability and delivery. For years, there’s been speculation that Apple would join the electric vehicle race, with teams formed and development under way. Yet the program also ...

Things couldn’t feel less festive in Britain right now. There’s a new — apparently homegrown — virus mutation, rising Covid case numbers, the cancellation of Christmas gatherings, and stalled Brexit talks. Now Europe has put the UK into isolation, closing borders because of worries about the new Covid strain. It isn’t just Christmas travellers who face disruption. Some 10,000 large ...