The Daunting Challenges Confronting Eskom’s New CEO Marokane

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Dan Marokane, the new boss of South African state power utility Eskom Holdings SOC Ltd., will take over a loss-making company that’s under intense pressure to do more to bring an end to years of power cuts that have throttled the economy.

China’s Deflation Struggle Persists as Consumer Prices Drop 0.

5%SEC Says Its Binance Case Should Advance Despite DOJ SettlementAustralia to Keep Pressing China on Removal of Trade ImpedimentsHedge Funds Held Big Bet Against Yen in Days Before Its SurgeUS Oil Producers to Slow Capital Spending in 2024, Evercore SaysHess-Chevron Merger Path Muddied as Traders Weigh Guyana RiskStarbucks Looks to Resume Union Talks, Seeks Contracts in 2024Oil Consumers Pounce on Futures Slump to Lock in Cheaper BarrelsGermany’s RWE to Win EU Approval for €2.

Source: News Formal (newsformal.com)

 

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