African industrialisation has to be among the most important things happening in the world right now. The vast continent, with more than 1.2 billion people, is home to an increasing fraction of the human beings who are still mired in extreme poverty: By 2030, the World Bank projects that almost all the people in extreme poverty will live in sub-Saharan ...

Now that J Sainsbury Plc’s 7.3 billion pound ($9.4 billion) purchase of Walmart’s Asda has gone out with the spoiled salad, the UK listed supermarket must show it has a good shot at going it alone. Mike Coupe, CEO of Sainsbury, says he is confident in the group’s strategy. Investors clearly don’t share that view – at one point on ...

Remember this moment. Early 2019 may have showed us the ceiling for the business of selling car rides at the tap of a smartphone. In an updated financial document for its coming initial public offering, Uber Technologies Inc. disclosed that the total value of rides on its service was between $11.3 billion and $11.45 billion in the first quarter of ...