Monday , 9 February 2026

Recent Posts

S Africa’s Eskom takes two atomic units offline

  Bloomberg Eskom Holdings SOC Ltd., which supplies almost all of South Africa’s power, will take two of the continent’s largest generating units offline this year for maintenance, increasing the risk of power cuts after the nation had record outages in 2021. The extended unavailability of the units with capacity of 920 megawatts each due to the “planned long outages …

Read More »

Weak retail sales, sentiment show US economy lost traction

  Bloomberg US retail sales stumbled at the end of 2021, factory output weakened and consumer sentiment deteriorated at the start of the new year, illustrating a loss of traction for the economy that many analysts view as temporary. Friday’s data deluge showed how lingering shipping challenges, supply and labor constraints, the fastest inflation in decades and the Omicron variant …

Read More »

Walmart chief customer officer exits, head merchant retires

  Bloomberg Walmart Inc is losing two key executives in its US operation as the retail giant ramps up its online offerings and attempts to reverse last year’s disappointing stock-market performance. Chief Merchandising Officer Scott McCall will retire after almost three decades with the company, according to a memo to employees from John Furner, who heads Walmart’s US business. McCall …

Read More »