Bloomberg Massmart Holdings Ltd fell the most in three months as the troubled South African retail chain warned on profit and majority shareholder Walmart Inc sent one its own to help stem declines. Earnings may drop as much as 50 percent in the first five months of the year compared with a year ago, Massmart said, when the company also ...

ABU DHABI / WAM HH Sheikh Sultan bin Zayed Al Nahyan, the President’s Representative, said that the late Sheikh Zayed bin Sultan Al Nahyan was an exceptional leader and an icon of tolerance and humanitarian giving. In a statement marking Zayed Humanitarian Work Day, Sheikh Sultan bin Zayed said that the Founding Father established a tolerant country that gained global ...

Bloomberg Saudi Aramco agreed to a buy a stake in Sempra Energy’s Texas LNG export terminal, giving the world’s biggest oil exporter a foo-thold in the fast-growing global gas trade. The proposed deal, which also includes an agreement to buy gas from the plant, would mark Aramco’s first entry into production of oil or gas outside Saudi Arabia. Aramco can ...