Bloomberg Business

Paraguay Candidate Says Taiwan Alliance Costing Opportunities

Paraguay’s leading opposition presidential candidate Efrain Alegre said Monday that his country’s long-standing alliance with Taiwan is costing it opportunities and will be reviewed if he’s elected in general elections April 30.

 Brazil Plans to Elect Board Members Rejected by Petrobras

Brazil’s government is planning to elect a chairman and two other members to the board of oil producer Petrobras even though they failed to pass the state-controlled company’s internal audits, according to people familiar with the matter.

South Africa’s Richest City Mayor Resigns After Just Three Months

South African opposition politician Thapelo Amad resigned as mayor of Johannesburg less than three months after he was elected to the role with the backing of members of the African National Congress seeking to regain influence over South Africa’s richest city.

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