Africa News
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Bayerische Motoren Werke AG, the world’s largest maker of luxury vehicles, will stop expansion in South Africa following labor strikes that have disrupted the auto industry for the past two months.
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An Embraer 120 plane carrying 20 people crashed shortly after takeoff from Nigeria’s commercial capital, Lagos, killing at least 13, officials said.
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West Texas Intermediate fell from its highest settlement in almost two weeks as the U.S. government’s partial shutdown fanned concern that economic growth may slow.
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Old Mutual Plc’s South African fixed- income investment unit said its development funds have halted purchases of bonds from unsecured lenders in the country because the high-interest credit they offer is hurting consumers.
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