Bloomberg Prime Minister Narendra Modi’s party looks set to retain power in his home state of Gujarat, a result that’s key to sustaining momentum ahead of India’s national elections early 2019. The Bharatiya Janata Party will win 99-146 seats in the 182-seat legislature, according to five surveys published after voting closed. That’s higher than the 92 needed for a majority …

Bloomberg South African President Jacob Zuma said the ruling African National Congress is threatened by factionalism and urged senior members vying for top party posts to consider including opponents in the new leadership that will be elected at its national conference. “Factionalism has become the biggest threat to the organization,” Zuma told about 5,000 delegates in his opening speech to …

One of Washington’s permanent parlor games is how much credit or blame a president deserves for the state of the economy. Inevitably, then, the question being asked now is whether Donald Trump or Barack Obama created today’s strong economy. The correct answer is: neither. To the extent that personal responsibility can be assigned, the worthy recipient is Janet Yellen. In …