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Bullet-train pledge, splits cost Zimbabwe opposition in vote

Bloomberg As Zimbabwean opposition leader Nelson Chamisa considers mounting a legal challenge to last week’s election results, he’s also counting the cost of fissures within his alliance and campaign pledges that made him appear out of touch with voters. Emmerson Mnangagwa’s victory in the parliamentary and presidential ballots has left Chamisa’s Movement for Democratic Change without enough seats to prevent ...

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Shell sees hope in gas after decades of oil strife in Nigeria

Bloomberg After decades of difficulties in Nigeria over crude theft, pollution and oil-related corruption, Royal Dutch Shell Plc still feels optimistic a fossil fuel can improve life in the country. The Anglo-Dutch oil major is seeking to develop Nigeria’s domestic energy market around natural gas. It’s plentiful, harder to steal, better for the environment and can underpin a robust industrial ...

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Sempra CEO says he’s holding ‘constructive’ talks with activists

Bloomberg Sempra Energy Chief Executive Officer Jeff Martin said he’s holding “constructive” talks with activist investors pressing for the company to shed assets and shake up its board. But Elliott Management Corp. and investor partner Bluescape Resources have been frustrated by the pace of the discussions and had hoped for a settlement before Sempra’s second-quarter earnings report, according to people ...

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