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January 8, 2023

South Africa's Eskom Says Police Investigating Alleged Poisoning Of CEO
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  • Reuters

South Africa’s Eskom Says Police Investigating Alleged Poisoning Of CEO

The Cheap Investor3 years ago01 mins

CAPE TOWN (Reuters) – South African power utility Eskom on Sunday said police were investigating whether an attempt was made to poison its outgoing Chief Executive Officer Andre de Ruyter. Faced with political pressure, De Ruyter resigned on Dec. 14 after failing to solve a crisis in the company that has led to record levels…

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China Hotels, Travel Bookings Perk Up In Boon For COVID-hit Services Sector
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China Hotels, Travel Bookings Perk Up In Boon For COVID-hit Services Sector

The Cheap Investor3 years ago04 mins

(This Jan. 6 story has been corrected to fix the final paragraph to say 2 billion trips to be made, not 2 billion people to travel) By Joe Cash and Ellen Zhang BEIJING (Reuters) – After three years of dealing with some of the world’s toughest COVID-19 curbs, there are early signs that Chinese consumers…

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Mercedes Expects Double-digit Growth In India In 2023 Despite Weak Rupee
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Mercedes Expects Double-digit Growth In India In 2023 Despite Weak Rupee

The Cheap Investor3 years ago02 mins

By Aditi Shah NEW DELHI (Reuters) – Mercedes Benz expects double-digit sales growth in India this year, despite concerns that a weaker rupee could increase car prices, the head of its local unit said in an interview. The German luxury carmaker’s sales in India rose 41% last year to 15,822 cars, its highest ever in…

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Pakistan's Finance Minister To Meet IMF In Geneva, With Bailout Stalled
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Pakistan’s Finance Minister To Meet IMF In Geneva, With Bailout Stalled

The Cheap Investor3 years ago02 mins

By Gibran Naiyyar Peshimam ISLAMABAD (Reuters) – An International Monetary Fund (IMF) delegation will meet Pakistan’s finance minister on the sidelines of a conference in Geneva beginning on Jan. 9, a spokesperson of the lender said on Sunday, as Pakistan struggles to restart its bailout programme. The lender is yet to approve the release of…

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