Bloomberg China’s sprawling bureaucracy is undergoing a regional reshuffle of a rare scale, with new appointments and job swaps offering hints of potential future leaders being groomed by Beijing. At least 32 new mayoral-level officials have been appointed since December 21, with 29 of them being relocated to a new province for the first time, according to data compiled by ...

Bloomberg After a fairly abysmal 2019 for US energy mergers and acquisitions, investors are signalling to oil executives and investment bankers that the days of big-premium deals are over. Some of the year’s most notable mergers, including Occidental Petroleum Corp’s blockbuster takeover of Anadarko Petroleum Corp, were met with investor criticism and the sustained selling of the acquirer’s stock. Shareholders ...

Bloomberg Rio Tinto Group is resuming operations at its South African mine that was shuttered earlier this month because of escalating violence in surrounding communities. The Richards Bay Minerals unit should be back at full operations in early January, leading to regular production in early 2020, Rio said in a statement on Monday. The decision was taken after discussions led ...