Thursday , 18 December 2025

Recent Posts

Thailand says airlines may face virus medical bills

Bloomberg Thailand’s aviation regulator said airlines should ask passengers coming from high-risk territories for health certificates to establish they are free of the new coronavirus. Travellers who can’t provide documentation should be prevented from boarding flights to the Asian nation, according to a Civil Aviation Authority of Thailand notice posted. Carriers are liable for treatment costs if they fly in …

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Oil crashes 31% in worst loss since 1991 in price war

Bloomberg Oil crashed more than 30% after the breakup of the Opec+ alliance triggered an all-out price war, with both Russia and Saudi Arabia poised to flood the market with cheap oil. The former allies pledged swift retribution for the collapse of the cartel’s meeting last week, with the Gulf kingdom slashing its official crude prices and threatening record production, …

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Eskom set for some respite thanks to crude plunge

Bloomberg The plunge in international oil prices has a potential upside for South Africa’s debt-stricken state power utility. Eskom Holdings SOC Ltd can’t generate enough power from its coal-fired power stations to meet demand, and burnt through diesel worth 6.5 billion rand ($407 million) at its open-cycle gas turbines in its last financial year to try and avert or limit …

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