SAP to Pay More Than $220 Million to End Bribery Probes 

[ad_1] Updated Jan. 10, 2024 4:39 pm ET SAP has agreed to pay more than $220 million to settle foreign bribery probes brought against the German software maker by U.S.…

Walmart Goes All In on Africa

[ad_1] Sept. 11, 2023 7:00 am ET JOHANNESBURG—Walmart’s investment in Africa tanked. It is responding by doubling down. More than a decade ago, Walmart spent $2.4 billion to buy a…

Maersk Pauses Transit Through Red Sea Until Further Notice After Attack on Ship

[ad_1] Danish shipping giant A.P. Moeller-Maersk said it will pause all transit through the Red Sea and Gulf of Aden until further notice following the attack on its vessel Maersk…

Why Every Western Automaker Is Visiting This Remote Part of South Africa

[ad_1] Updated Dec. 30, 2023 12:11 am ET Listen to article (2 minutes) MBOMBELA, South Africa—A half-century-old company on the outskirts of South Africa’s Kruger National Park has found itself…

China Turns the Tables on Wall Street

[ad_1] Updated Dec. 13, 2023 12:53 am ET China is upending how the international financial system handles debt crises in the developing world. Wall Street isn’t happy. Large bond fund…

Switzerland Charges Trafigura and a Former Top Executive With Bribery

[ad_1] Updated Dec. 6, 2023 1:21 pm ET Swiss prosecutors charged a former top executive at Trafigura with facilitating payment of millions of dollars’ worth of bribes to land the…

Billions in U.S. Funding Hasn’t Convinced Developing World to Ditch Coal

[ad_1] Updated Dec. 3, 2023 12:04 am ET JOHANNESBURG—Wealthy nations are sending tens of billions of dollars to poorer ones for clean energy, the linchpin of a global strategy to…

Major airline’s move big win for Aussies

[ad_1] Singapore Airlines has just announced a big move for its loyalty members in Australia. Singapore Airlines operates the world’s longest flight, during which passengers can now get fish. It…

MMG Plans to Buy Copper Mine in Africa for $1.88 Billion

[ad_1] Mining company MMG has agreed to buy a copper mine in Africa for an enterprise value of nearly $1.88 billion as part of an effort by the Chinese government-backed…