Bloomberg 
South African Environment Minister Barbara Crease rejected appeals from five environmental groups that sought to block the company from applying for approval to install a 450-megawatt gas-fired facility at the port of Richards Bay on the northeast coast, according to a ruling seen by Bloomberg. In a separate decision, it allowed Karpowership to pursue environmental … Read more
Second-quarter revenue, which rose 11% to 3.18 billion euros ($3.51 billion), beat the average estimate of 3.21 billion euros. Sales for this period will be around 3.3 billion euros, the company says He said Tuesday, shy of the 3.42 billion euros expected by analysts. Shares of Spotify, which ended the quarter with 551 million active … Read more
The International Monetary Fund said in an update that global GDP will expand by 3% in 2023 World Economic Outlook Released Tuesday. While this is still a slowdown from 3.5% growth last year, it is faster than its forecast of 2.8% in April. The IMF said: “The recent solution to the US debt ceiling crisis … Read more
Warner told Staley, “He’s one of the most connected people I know in New York.” documents Filed in Manhattan federal court on Monday. The documents showed Epstein would go on to generate more than $8 million in revenue for JPMorgan’s private investment banking business. The financier has referred the roll call of US billionaires to … Read more
On Sunday, in the middle of a quiet summer vacation, Elon Musk made the decision to change Twitter’s product name to an “X,” and that it would get rid of the bird logo and all associated words, including “tweet.” Musk’s move wiped out between $4 billion and $20 billion in value, according to analysts and … Read more
“In the short term, the price is definitely going up, it’s just a matter of how high it goes,” said Chokyat Ophasongse, president of the Thai Rice Exporters Association, one of the world’s largest grain shippers. “And it will be a spurt, not an incremental increase.” Rice is vital to the diets of billions in … Read more
Technology stocks in Hong Kong jumped more than 4% while mainland China stocks advanced as well, sending gains in a measure of regional stocks up about 0.7% on Tuesday. On Monday, the index of US-listed Chinese stocks posted its biggest one-day gain in nearly six months as the country’s top leaders took advantage Decisive Politburo … Read more
Russian President Vladimir Putin signed a law on Monday that raises the minimum age for troops in reserve units who can be mobilized, in the latest sign of nervousness being felt by the military. Senior officers can now be mobilized up to the age of 65, with the cap for junior officers moved to 60. … Read more
Some 71% of respondents reported such expectations in the results of the survey, which was published on Monday. This marks a sharp shift from NABE’s previous poll in April, which showed an almost equal split between those expecting a slowdown and those who didn’t, with more than one in four respondents to the July poll … Read more
A drone attack overnight hit the Danube port of Reni, according to people familiar with the matter, who asked not to be named while discussing sensitive information. Ukraine’s Southern Military Command earlier said on Facebook that a grain hangar in the Danube port had been destroyed, without specifying which or giving details. Wheat futures for … Read more