Bloomberg South Africa’s power utility, the nation’s biggest producer of greenhouse gases that mainly uses coal for electricity generation, is working on a plan aimed at net zero emissions by 2050. Eskom Holdings SOC Ltd “has an aspirational vision” of reaching the goal, which includes the creation of jobs, the utility said in a reply to questions. “We are currently ...

If you wanted a demonstration of how the world’s largest free trade area is likely to fall short of expectations, you could do worse than look at the customs sheds at Shanghai’s Pudong airport. As final preparations for signing the Regional Comprehensive Economic Partnership pact (RCEP) were being made earlier this month, several metric tons of Australian lobster were being ...

Warren Buffett is a living, breathing billionaire, but he’s also a leading economic indicator. So after his Berkshire Hathaway Inc. dumped almost $13 billion of stocks in the throes of the Covid-19 crisis, investors were beside themselves. They’ll now be quite relieved to see that his company is back in buying mode, making the biggest outlay for equity purchases in ...