By Yuka Obayashi TOKYO (Reuters) – Japanese power utilities are stepping up efforts to cut thermal coal import costs by switching to lower quality grades and widening import sources, company off[...]
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Africa
Black Friday, holiday sales spur demand at South Africa’s Shoprite
JOHANNESBURG (Reuters) -South Africa’s biggest supermarket group Shoprite reported a 16.8% jump in half year sales on Tuesday, supported by a record Black Friday and festive season as both cash-[...]
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Squeezed mining companies face growth dilemma
By Clara Denina and Helen Reid JOHANNESBURG (Reuters) – High costs and the prospect of shrinking earnings have made big miners nervous about expansion, even as shareholders demand investment in[...]
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Emerging markets growth slowdown bottomed out in 2022, but risks remain – IMF
By Rodrigo Campos NEW YORK (Reuters) – The International Monetary Fund on Monday raised its output growth estimate on emerging markets for this year, with projections now showing the economic sl[...]
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Yellen says South Africa needs action to maintain energy transition momentum
By Andrea Shalal JOHANNESBURG (Reuters) -South Africa needs concrete action soon if it is to maintain momentum on an energy transition program backed by the United States and other countries, U.S. Tre[...]
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Yellen lauds Ford’s 100-year history in South Africa, flags more investments
By Andrea Shalal SILVERTON, South Africa (Reuters) – U.S. Treasury Secretary Janet Yellen on Thursday lauded the Ford Motor Co’s 100-year history of assembling vehicles in South Africa and[...]
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Boeing pleads not guilty to fraud charge in 737 MAX arraignment
By Sheila Dang and David Shepardson FORT WORTH, Texas/WASHINGTON (Reuters) -Boeing Co pleaded not guilty on Thursday to a 737 MAX fraud conspiracy felony charge after families objected to a 2021 Justi[...]
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Global 2023 economic view downgraded, at odds with market optimism
By Hari Kishan BENGALURU (Reuters) -Global economic growth is forecast to barely clear 2% this year, according to a Reuters poll of economists who said the greater risk was a further downgrade to thei[...]
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Relatives of 737 MAX crash victims seek monitor for Boeing after plea deal
By David Shepardson (Reuters) -Relatives of people killed in two fatal 737 MAX crashes asked a U.S. judge on Wednesday to name an independent corporate monitor to oversee Boeing Co’s compliance[...]
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