Bloomberg Business

Australian funeral home operator InvoCare Ltd. has surged the most on record after receiving a takeover approach from TPG Global, LLC.

South African President Cyril Ramaphosa appointed a new deputy and electricity czar and replaced several ministers, injecting new blood into a cabinet that’s failed to get to grips with crippling energy shortages and revive a flagging economy.

Emerging markets investor Mark Mobius is discovering what many residents of China have known for months or even years: It has becoming increasingly difficult to transfer money out of the country.

More Americans receiving government food assistance said they lost their homes last month, according to a new survey by software firm Propel Inc., just as an emergency benefit expires for tens of millions of people.

Shares of China’s state-owned firms charged higher Tuesday, as investors piled in on bets that supportive signals from authorities would boost the companies’ valuations.

OPEC Chief Haitham Al-Ghais broke bread with US shale bosses Monday night in his first meeting with the producers since he took the helm of the oil cartel in July.

Australia, the world’s second-largest wheat exporting country, is likely to see shipments slump 20% from record levels in the coming financial year as production tumbles because of a shift to a drier climate pattern.

(Bloomberg) — President Xi Jinping sought to rally China’s private sector to help overcome “containment” by the US and other countries, in rare direct criticism of the nation’s biggest trading partner.

Rio Tinto Group has agreed to pay a $15 million penalty to settle US claims of bribery in Guinea, more than six years after a payment connected to a vast iron ore deposit in the West African nation prompted the mining giant to fire two of its top executives.

Investing in Asian companies with a higher proportion of female managers leads to benchmark-beating returns, according to a study by BofA Securities.